So many critics! Hey, Gavin's trying to help!
So were the doctors who performed frontal lobotomies on unruly children.
The Bitcoin market price doesn't seem to think much of his help.
How do you know the market price is not dropping in response to the Blockstream's selling of the blockchain to Price Waterhouse?
You have an infinite number of news stories to choose from and an infinite number of price movements. Are you sure you got this correlation right? How about the causality?
Do you check the market price after each 10 lines of new code? 20? 100?
He didn't just say that did he?
Yeah, Greg you really are starting to crack under the pressure.
I know you're smart enough to know how markets work.
Maybe you think the rest of us aren't.
Heck, maybe the market was reacting to "core outreach"...
this article was published on the 28th, same day as Gavin's proposal.
http://www.coindesk.com/scaling-debate-bitcoin-core-outreach/Maybe your new posting habits are part of the outreach.
Maybe I'm totally misinterpreting you and you're really
not saying: "well we're already doing segwit,
that should be enough for you. screw Gavin and his
2MB...I've got a plan and we're doing it my way.
Anyway its not like price moved that much.
It moved much more when Hearn posted.
Seems like market participants read it and
said "damn, he's right, there's some problems."
I would bet quite a bit of money that we
would see a nice bump in price if the
following fictitious press release were published:
"Bitcoin core dev and Blockstream CTO Gregory
Maxwell gave his nod of approval today to
Gavin Andressen's BIP submission of a
blocksize increase to 2MB. Maxwell commented:
"Although this wasn't part of the scalability
roadmap and isn't the most efficient way
to scale the network, I think this modest
increase does no harm and its acceptance
is an important political measure that
hopefully will unite the Bitcoin community
and send a clear message that all of
Bitcoin's stakeholders have a say in Bitcoin
and that consensus can be reached. We
at Blockstream have no intention of
creating friction and have no problem
per se with a modest increase in the
blocksize at this time."