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

[iCEBREAKER]

...
I see there is exactly 1 Member online at Bitco.in.  Is that you Zartard?  Are you lonley over there, while we keep on partying at thermos' crazy nerd disco?   

They are actually making screen-caps of this board so they have something to do over there.  I guess them milked each other dry in their little circle-jerk already.  Could anything possibly be more pathetic?

Now that XT is 100% FUKKIN #R3KT all they can do is discuss what's happening here on the real forum.  They are like a knitting circle of gossiping old ladies, except instead of making nice sweaters they just produce gobs of butthurt.

[Zarathustra]

...
I see there is exactly 1 Member online at Bitco.in.  Is that you Zartard?  Are you lonley over there, while we keep on partying at thermos' crazy nerd disco?  

They are actually making screen-caps of this board so they have something to do over there.  I guess them milked each other dry in their little circle-jerk already.  Could anything possibly be more pathetic?

Now that XT is 100% FUKKIN #R3KT all they can do is discuss what's happening here on the real forum.  

That's one of your notorious lies. You little dogs are speaking about cypherdoc tenfold more than him about you little dogs.
q.e.d.

[iCEBREAKER]

Happy little 1MB'ers. XT triggered so many BIPs about limit increase now.

The great thing about having so many BIPs is they collectively slow the process down to a deep freeze of eternal consideration.

Those of us who like the 1MB cap get exactly what we wanted all along.  

Yes. We know that you trojans are happy about the current stalemate. But it won't last.

Why Monero matters
Adaptive limits. Doesn't suffer from the 1MB block limits.

https://moneroeconomy.com/faq/why-monero-matters

Are you saying Bitfury, F2POOL ("Gavin should be fired"), LukeJr, Mircea Popescu, thermos, and Blockstream are against XT because they want to kill Bitcoin, in order to pave the way for Monero?

Do you realize how counterfactual and paranoid you are being?  Monero matters because its blockchain is private by default and resists analysis.  The trade off for that privacy is greater bloat per tx, so without a Layer 2 it's not much more scalable than Bitcoin.

For years, we've been told the "current stalemate" "won't last."  But here we are with 1MB blocks.

Go sell your false sense of urgency somewhere else.  We're didn't buy it when Death&Taxes was moaning about coffee, and we're not going to change our minds about it now.

Your limited success in creating a temporary stampede among the cattle at /r/bitcoin is over.  BIP101 and XT are DOA.  

[Zarathustra]

Happy little 1MB'ers. XT triggered so many BIPs about limit increase now.

The great thing about having so many BIPs is they collectively slow the process down to a deep freeze of eternal consideration.

Those of us who like the 1MB cap get exactly what we wanted all along.  

Yes. We know that you trojans are happy about the current stalemate. But it won't last.

Why Monero matters
Adaptive limits. Doesn't suffer from the 1MB block limits.

https://moneroeconomy.com/faq/why-monero-matters

Are you saying Szabo, Bitfury, F2POOL ("Gavin should be fired"), LukeJr, Mircea Popescu, thermos, and Blockstream are against XT because they want to kill Bitcoin, in order to pave the way for Monero?

Do you realize how counterfactual and paranoid you are being?  Monero matters because its blockchain is private by default and resists analysis.  The trade off for that privacy is greater bloat per tx, so without a Layer 2 it's not much more scalable than Bitcoin.

For years, we've been told the "current stalemate" "won't last."  But here we are with 1MB blocks.

Go sell your false sense of urgency somewhere else.  We're didn't buy it when Death&Taxes was moaning about coffee, and we're not going to change our minds about it now.

Your limited success in creating a temporary stampede among the cattle at /r/bitcoin is over.  BIP101 and XT are DOA.  

1. You are not Szabo
2. Is the new Szabo the old Szabo?
http://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-10#post-311
3. If I compare the posts of @Death&Taxes with those of the @LittleDogs, I know which side will win in the end.

[iCEBREAKER]

Happy little 1MB'ers. XT triggered so many BIPs about limit increase now.

The great thing about having so many BIPs is they collectively slow the process down to a deep freeze of eternal consideration.

Those of us who like the 1MB cap get exactly what we wanted all along.  

Yes. We know that you trojans are happy about the current stalemate. But it won't last.

Why Monero matters
Adaptive limits. Doesn't suffer from the 1MB block limits.

https://moneroeconomy.com/faq/why-monero-matters

Are you saying Bitfury, F2POOL ("Gavin should be fired"), LukeJr, Mircea Popescu, thermos, and Blockstream are against XT because they want to kill Bitcoin, in order to pave the way for Monero?

Do you realize how counterfactual and paranoid you are being?  Monero matters because its blockchain is private by default and resists analysis.  The trade off for that privacy is greater bloat per tx, so without a Layer 2 it's not much more scalable than Bitcoin.

For years, we've been told the "current stalemate" "won't last."  But here we are with 1MB blocks.

Go sell your false sense of urgency somewhere else.  We're didn't buy it when Death&Taxes was moaning about coffee, and we're not going to change our minds about it now.

Your limited success in creating a temporary stampede among the cattle at /r/bitcoin is over.  BIP101 and XT are DOA.  

1. You are not Szabo
2. Is the new Szabo the old Szabo?
http://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-10#post-311
3. If I compare the posts of @Death&Taxes with those of the @LittleDogs, I know which side will win in the end.

Death&Taxes' false sense of urgency, which debuted way back in February, is long past its expiration date.  You can only cry wolf for so long before rational people tune you out.

You Gavinistas need to manufacture a fresh new fake crisis, as the 'stress tests' only backfired by showing the world how well Bitcoin works under an ambient backlog.

I edited the word 'Szabo' out of my previous post.  That didn't change the meaning of it one bit.

Now what?  Got any more kneejerk objections as splendidly non sequitur as 'B-B-B-BUT Szabo is a Pod Person, Because Maybe?'   

[alani123]

2. Is the new Szabo the old Szabo?
http://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-10#post-311

Those observations about Szabo's twitter account are nothing but sheer speculation. People bring up such arguments every time they feel like.  

Claiming that the account could have been stolen and used for so long without anyone noticing sounds like an over the top conspiracy to me. But then again, nobody is forcing people to take Szabo's word for what bitcoin should be. Especially not through social media with posts under a 140 character limit.

[Zarathustra]

I edited the word 'Szabo' out of my previous post.  That didn't change the meaning of it one bit.

Now what? 

Now: nothing
2016: 1MB Limit is history

best regards

[iCEBREAKER]

Now: XT/101 Officially #REKT
2016: 1MB endures, aided by Alts, Sidechains, and Lightning (maybe extension blocks too)

best regards

FIFY   

As long as appropriate fees continue to prioritize their transactions, shorting fake "Bitcoins" will work just as well to prevent contentious forks next year as it does today.

Cheers!

[Zarathustra]

2016: 1MB endures, aided by Alts, Sidechains, and Lightning

Wet dreams of an Alt-Shill.
Dream on ...

[brg444]

2016: 1MB endures, aided by Alts, Sidechains, and Lightning

Wet dreams of an Alt-Shill.
Dream on ...

Why won't you keep your useless blatter for your little pet forum over there?

[hdbuck]

2016: 1MB endures, aided by Alts, Sidechains, and Lightning

Wet dreams of an Alt-Shill.
Dream on ...

Why won't you keep your useless blatter for your little pet forum over there?

yep, the only alt shills are the ones behind XT.
too bad they wont fork off..

[manselr]

We are fucked with XT and we are fucked with 1MB blocks. Solution: A reasonable blocksize increase with blockstream. Unfortunately it seems you have to choose between decentralization of nodes or low fees for everyone (at the expense of centralizing the nodes).

[brg444]

We are fucked with XT and we are fucked with 1MB blocks. Solution: A reasonable blocksize increase with blockstream. Unfortunately it seems you have to choose between decentralization of nodes or low fees for everyone (at the expense of centralizing the nodes).

 

Everything fine over here...

[QuestionAuthority]

I've stayed out of this debate because I really don't understand it. Maybe one of you can explain it to me. Here's what I see.

Everyone is delusional and believes there are 100 million users out there in the ether just dying to use Bitcoin but can't because the current limit keeps it from being used (Satoshidice proved that to be false long ago). We have to find a fix for this spam restriction issue within the next year or chicken little is going to fall from the sky and take a giant shit on Bitcoin. There's a couple of ways to do it that involve different levels of increase. The Chinese (mining majority) want an 8mb increase because 8 is a lucky number in China and their bandwidth isn't good enough to support a larger change. Part of the tiny dev team want sidechains to do it because they work for a company that will profit from it. Another part wants to raise the cap some and another part wants to raise it a lot.

Am I close at all and if not what am I missing?

[Lauda]

I've stayed out of this debate because I really don't understand it. Maybe one of you can explain it to me. Here's what I see.

Everyone is delusional and believes there are 100 million users out there in the ether just dying to use Bitcoin but can't because the current limit keeps it from being used (Satoshidice proved that to be false long ago). We have to find a fix for this spam restriction issue within the next year or chicken little is going to fall from the sky and take a giant shit on Bitcoin. There's a couple of ways to do it that involve different levels of increase. The Chinese (mining majority) want an 8mb increase because 8 is a lucky number in China and their bandwidth isn't good enough to support a larger change. Part of the tiny dev team want sidechains to do it because they work for a company that will profit from it. Another part wants to raise the cap some and another part wants to raise it a lot.

Am I close at all and if not what am I missing?

No. That's not entirely correct. The story is hard to sammarize at this point. Gavin proposed the controversial BIP101 which was rejected and thus he teamed up with Hearn. XT came to life as a potential fork. In the meantime new proposals started coming ip, most notably, BIP100. You can track support of various proposals on blocktrail. Current BIP100 is leading with ~60% support. XT has zero support now.

[QuestionAuthority]

I've stayed out of this debate because I really don't understand it. Maybe one of you can explain it to me. Here's what I see.

Everyone is delusional and believes there are 100 million users out there in the ether just dying to use Bitcoin but can't because the current limit keeps it from being used (Satoshidice proved that to be false long ago). We have to find a fix for this spam restriction issue within the next year or chicken little is going to fall from the sky and take a giant shit on Bitcoin. There's a couple of ways to do it that involve different levels of increase. The Chinese (mining majority) want an 8mb increase because 8 is a lucky number in China and their bandwidth isn't good enough to support a larger change. Part of the tiny dev team want sidechains to do it because they work for a company that will profit from it. Another part wants to raise the cap some and another part wants to raise it a lot.

Am I close at all and if not what am I missing?

No. That's not entirely correct. The story is hard to sammarize at this point. Gavin proposed the controversial BIP101 which was rejected and thus he teamed up with Hearn. XT came to life as a potential fork. In the meantime new proposals started coming ip, most notably, BIP100. You can track support of various proposals on blocktrail. Current BIP100 is leading with ~60% support. XT has zero support now.

Thanks
What's the difference between the different proposals? Is it a huge difference or are people being drama queens?

[brg444]

I've stayed out of this debate because I really don't understand it. Maybe one of you can explain it to me. Here's what I see.

Everyone is delusional and believes there are 100 million users out there in the ether just dying to use Bitcoin but can't because the current limit keeps it from being used (Satoshidice proved that to be false long ago). We have to find a fix for this spam restriction issue within the next year or chicken little is going to fall from the sky and take a giant shit on Bitcoin. There's a couple of ways to do it that involve different levels of increase. The Chinese (mining majority) want an 8mb increase because 8 is a lucky number in China and their bandwidth isn't good enough to support a larger change. Part of the tiny dev team want sidechains to do it because they work for a company that will profit from it. Another part wants to raise the cap some and another part wants to raise it a lot.

Am I close at all and if not what am I missing?

Close but no cigar  

The first few sentences are quite correct. You might want to add that the imaginary 100 million users are supposedly unlike the existing majority of Bitcoin holders in that they can't wait to fill up the blockchain with transactions from the plethora of retail use cases at their disposition.

The Chinese are not the one who decided on the 8mb increase and in fact most of them are apparently against it. The lucky 8mb number is actually a story made up by Mike Hearn and Gavin to try to sell the increase to miners. Suffice to say it didn't quite work out as planned.

As for sidechains they are not an actual scaling solution so that statement doesn't hold.

I can't be bothered with giving you a full rundown but this reddit post provide so needed context if you care: https://www.reddit.com/r/Bitcoin/comments/3ilbit/mike_hearn_responds_to_xt_critics/cuhpil1

[knight22]

I've stayed out of this debate because I really don't understand it. Maybe one of you can explain it to me. Here's what I see.

Everyone is delusional and believes there are 100 million users out there in the ether just dying to use Bitcoin but can't because the current limit keeps it from being used (Satoshidice proved that to be false long ago). We have to find a fix for this spam restriction issue within the next year or chicken little is going to fall from the sky and take a giant shit on Bitcoin. There's a couple of ways to do it that involve different levels of increase. The Chinese (mining majority) want an 8mb increase because 8 is a lucky number in China and their bandwidth isn't good enough to support a larger change. Part of the tiny dev team want sidechains to do it because they work for a company that will profit from it. Another part wants to raise the cap some and another part wants to raise it a lot.

Am I close at all and if not what am I missing?

No. That's not entirely correct. The story is hard to sammarize at this point. Gavin proposed the controversial BIP101 which was rejected and thus he teamed up with Hearn. XT came to life as a potential fork. In the meantime new proposals started coming ip, most notably, BIP100. You can track support of various proposals on blocktrail. Current BIP100 is leading with ~60% support. XT has zero support now.

What?

https://www.reddit.com/r/bitcoinxt/
http://xt.coin.dance

[brg444]

I've stayed out of this debate because I really don't understand it. Maybe one of you can explain it to me. Here's what I see.

Everyone is delusional and believes there are 100 million users out there in the ether just dying to use Bitcoin but can't because the current limit keeps it from being used (Satoshidice proved that to be false long ago). We have to find a fix for this spam restriction issue within the next year or chicken little is going to fall from the sky and take a giant shit on Bitcoin. There's a couple of ways to do it that involve different levels of increase. The Chinese (mining majority) want an 8mb increase because 8 is a lucky number in China and their bandwidth isn't good enough to support a larger change. Part of the tiny dev team want sidechains to do it because they work for a company that will profit from it. Another part wants to raise the cap some and another part wants to raise it a lot.

Am I close at all and if not what am I missing?

No. That's not entirely correct. The story is hard to sammarize at this point. Gavin proposed the controversial BIP101 which was rejected and thus he teamed up with Hearn. XT came to life as a potential fork. In the meantime new proposals started coming ip, most notably, BIP100. You can track support of various proposals on blocktrail. Current BIP100 is leading with ~60% support. XT has zero support now.

Thanks
What's the difference between the different proposals? Is it a huge difference or are people being drama queens?

Between the two extremes it's the difference between Bitcoin running on Google datacenters or staying decentralized.

[knight22]

I've stayed out of this debate because I really don't understand it. Maybe one of you can explain it to me. Here's what I see.

Everyone is delusional and believes there are 100 million users out there in the ether just dying to use Bitcoin but can't because the current limit keeps it from being used (Satoshidice proved that to be false long ago). We have to find a fix for this spam restriction issue within the next year or chicken little is going to fall from the sky and take a giant shit on Bitcoin. There's a couple of ways to do it that involve different levels of increase. The Chinese (mining majority) want an 8mb increase because 8 is a lucky number in China and their bandwidth isn't good enough to support a larger change. Part of the tiny dev team want sidechains to do it because they work for a company that will profit from it. Another part wants to raise the cap some and another part wants to raise it a lot.

Am I close at all and if not what am I missing?

No. That's not entirely correct. The story is hard to sammarize at this point. Gavin proposed the controversial BIP101 which was rejected and thus he teamed up with Hearn. XT came to life as a potential fork. In the meantime new proposals started coming ip, most notably, BIP100. You can track support of various proposals on blocktrail. Current BIP100 is leading with ~60% support. XT has zero support now.

Thanks
What's the difference between the different proposals? Is it a huge difference or are people being drama queens?

Between the two extremes it's the difference between Bitcoin running on Google datacenters or staying decentralized.

Both are decentralized.