HERE IS ANOTHER IMPORTANT THREAD TELLING YOU NOT TO MINE WITH DEEPBIT

[Chick]

Seriously, you're putting us into harm 

[1713579773]

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[1713579773]

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[1713579773]

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[d.james]

Too late! it's over.

[Maxxx]

Too late! it's over.

Assimilated we has been.

[bcpokey]

Bitcoin is now paccoin.

[mjsbuddha]

children, seriously, you are spamming up the forum with your naive blathering. if tycho tries anything fishy with his pool, it will instantly dissolve like a tab of acid on the tongue as the people in his pool flee. tycho is making 3% off of his 50% share of the network. that means hes personally getting 1.5% of all the bitcoins generated right now. you think he would risk that to fake some piddly 50 bitcoin blocks? the people that post these threads are so very profoundly stupid.

[Genrobo]

children, seriously, you are spamming up the forum with your naive blathering. if tycho tries anything fishy with his pool, it will instantly dissolve like a tab of acid on the tongue as the people in his pool flee. tycho is making 3% off of his 50% share of the network. that means hes personally getting 1.5% of all the bitcoins generated right now. you think he would risk that to fake some piddly 50 bitcoin blocks? the people that post these threads are so very profoundly stupid.

>Implying Tycho is the issue

If the pool at that size exists, it doesn't have to be Tycho.
Anyone who potentially could gain control of the pool.
AKA anyone who would either hijack, or hack deepbit.
By either cunning network skills, or by just figuring out who/where Tycho is, and jacking him in person.

[bcpokey]

children, seriously, you are spamming up the forum with your naive blathering. if tycho tries anything fishy with his pool, it will instantly dissolve like a tab of acid on the tongue as the people in his pool flee. tycho is making 3% off of his 50% share of the network. that means hes personally getting 1.5% of all the bitcoins generated right now. you think he would risk that to fake some piddly 50 bitcoin blocks? the people that post these threads are so very profoundly stupid.

Prove it.

Let's say hypothetically tycho forks the block chain about 1000 times, and blocks all the other pools from getting any confirmations of blocks. 5000 people who never read the forums or watch the block chain or know anything other than "my stats are goin up at a fantastic rate!" are going to stop mining on deepbit because...?

Your post sounds the most profoundly stupid to me.

[mjsbuddha]

children, seriously, you are spamming up the forum with your naive blathering. if tycho tries anything fishy with his pool, it will instantly dissolve like a tab of acid on the tongue as the people in his pool flee. tycho is making 3% off of his 50% share of the network. that means hes personally getting 1.5% of all the bitcoins generated right now. you think he would risk that to fake some piddly 50 bitcoin blocks? the people that post these threads are so very profoundly stupid.

>Implying Tycho is the issue

If the pool at that size exists, it doesn't have to be Tycho.
Anyone who potentially could gain control of the pool.
AKA anyone who would either hijack, or hack deepbit.
By either cunning network skills, or by just figuring out who/where Tycho is, and jacking him in person.

and either way, his pool would instantly dissolve.

[Genrobo]

children, seriously, you are spamming up the forum with your naive blathering. if tycho tries anything fishy with his pool, it will instantly dissolve like a tab of acid on the tongue as the people in his pool flee. tycho is making 3% off of his 50% share of the network. that means hes personally getting 1.5% of all the bitcoins generated right now. you think he would risk that to fake some piddly 50 bitcoin blocks? the people that post these threads are so very profoundly stupid.

>Implying Tycho is the issue

If the pool at that size exists, it doesn't have to be Tycho.
Anyone who potentially could gain control of the pool.
AKA anyone who would either hijack, or hack deepbit.
By either cunning network skills, or by just figuring out who/where Tycho is, and jacking him in person.

and either way, his pool would instantly dissolve.

It would have to be proven that the chain was forked first, and if that pool is the network majority...
It might take longer than you realize.
Define "instantly"

[Chucksta]

Bitcoin is now paccoin.

LOL

[mjsbuddha]

children, seriously, you are spamming up the forum with your naive blathering. if tycho tries anything fishy with his pool, it will instantly dissolve like a tab of acid on the tongue as the people in his pool flee. tycho is making 3% off of his 50% share of the network. that means hes personally getting 1.5% of all the bitcoins generated right now. you think he would risk that to fake some piddly 50 bitcoin blocks? the people that post these threads are so very profoundly stupid.

Prove it.

Let's say hypothetically tycho forks the block chain about 1000 times, and blocks all the other pools from getting any confirmations of blocks. 5000 people who never read the forums or watch the block chain or know anything other than "my stats are goin up at a fantastic rate!" are going to stop mining on deepbit because...?

Your post sounds the most profoundly stupid to me.

1) what would tycho gain from forking the block chain 1000 times? hes making more money by not doing that.
2) if these hypothetical people don't read the forums, how did they learn about tycho's pool to begin with?

the unsuccessful always try to punish the successful

[tripper22]

children, seriously, you are spamming up the forum with your naive blathering. if tycho tries anything fishy with his pool, it will instantly dissolve like a tab of acid on the tongue as the people in his pool flee. tycho is making 3% off of his 50% share of the network. that means hes personally getting 1.5% of all the bitcoins generated right now. you think he would risk that to fake some piddly 50 bitcoin blocks? the people that post these threads are so very profoundly stupid.

Prove it.

Let's say hypothetically tycho forks the block chain about 1000 times, and blocks all the other pools from getting any confirmations of blocks. 5000 people who never read the forums or watch the block chain or know anything other than "my stats are goin up at a fantastic rate!" are going to stop mining on deepbit because...?

Your post sounds the most profoundly stupid to me.

1) what would tycho gain from forking the block chain 1000 times? hes making more money by not doing that.
2) if these hypothetical people don't read the forums, how did they learn about tycho's pool to begin with?

the unsuccessful always try to punish the successful

You just don't get it do you? Network security comes first. After that nothing else matters.

[Chick]

Bitcoin is now paccoin.

LOL. Look what you deepbit miners have put us into!

[str4wm4n]

tupaccoin

[Genrobo]

I think the people in this thread have been buying off the silk road too much...
 

[mjsbuddha]

tupaccoin

thank you tupac, for reminding me to not feed the trolls.

[bullox]

children, seriously, you are spamming up the forum with your naive blathering. if tycho tries anything fishy with his pool, it will instantly dissolve like a tab of acid on the tongue as the people in his pool flee. tycho is making 3% off of his 50% share of the network. that means hes personally getting 1.5% of all the bitcoins generated right now. you think he would risk that to fake some piddly 50 bitcoin blocks? the people that post these threads are so very profoundly stupid.

Prove it.

Let's say hypothetically tycho forks the block chain about 1000 times, and blocks all the other pools from getting any confirmations of blocks. 5000 people who never read the forums or watch the block chain or know anything other than "my stats are goin up at a fantastic rate!" are going to stop mining on deepbit because...?

Your post sounds the most profoundly stupid to me.

1) what would tycho gain from forking the block chain 1000 times? hes making more money by not doing that.
2) if these hypothetical people don't read the forums, how did they learn about tycho's pool to begin with?

the unsuccessful always try to punish the successful

Imagine if you will, that HP came out with a new printer that could print authentic $USD bills.

Do you think that there would be some deflation of the currency as noone would be able to tell if a $20 was authentic or not?  Do you think anyone in their right mind would invest in a set amount of the currency when it had no way of being empricially verified to be true anymore?

It hurts everyone who uses bitcoin to have someone who is egrigiously violating the spirit of bitcoin's distributed nature.

[Genrobo]

children, seriously, you are spamming up the forum with your naive blathering. if tycho tries anything fishy with his pool, it will instantly dissolve like a tab of acid on the tongue as the people in his pool flee. tycho is making 3% off of his 50% share of the network. that means hes personally getting 1.5% of all the bitcoins generated right now. you think he would risk that to fake some piddly 50 bitcoin blocks? the people that post these threads are so very profoundly stupid.

Prove it.

Let's say hypothetically tycho forks the block chain about 1000 times, and blocks all the other pools from getting any confirmations of blocks. 5000 people who never read the forums or watch the block chain or know anything other than "my stats are goin up at a fantastic rate!" are going to stop mining on deepbit because...?

Your post sounds the most profoundly stupid to me.

1) what would tycho gain from forking the block chain 1000 times? hes making more money by not doing that.
2) if these hypothetical people don't read the forums, how did they learn about tycho's pool to begin with?

the unsuccessful always try to punish the successful

Imagine if you will, that HP came out with a new printer that could print authentic $USD bills.

Do you think that there would be some deflation of the currency as noone would be able to tell if a $20 was authentic or not?  Do you think anyone in their right mind would invest in a set amount of the currency when it had no way of being empricially verified to be true anymore?

It hurts everyone who uses bitcoin to have someone who is egrigiously violating the spirit of bitcoin's distributed nature.

Dude, HP releaed that printer model like 3 years ago...
Where have you been?

[lemonginger]

i would generally agree that if you are relying on anyone's goodwill, then BC is doomed. That being said, this could be an interesting stress test. We are still pretty much in an alpha stage of this whole project after all.

Also, 50% is not really tipping point, right? You could run doublespends at 45% or whatever just with less chance of success.

[d.james]

children, seriously, you are spamming up the forum with your naive blathering. if tycho tries anything fishy with his pool, it will instantly dissolve like a tab of acid on the tongue as the people in his pool flee.

Why would ppl flee from his pool, if tycho is giving them EXTRA FREE MONEY?
I would certainly expect more people to join him if his pool is paying 200% extra!

After all, if it wasn't for the greed, you'd all be Folding for a greater cause.