Another Crazy week in the Bitcoin Block Size Debate

[EvanFaggart]

This past week has definitely been crazy as hell with all the block size stuff going on. What do you guys think about everything that was said about block size and the Core devs?

Article link: http://bitcoinist.net/bitcoin-giants-swing-at-core-devs-amid-controversy-2/

[Lauda]

So this article is telling me that "two Bitcoin giants" who were on the same side along took a 'swing' at the Core developers? Very helpful indeed. People really need to reduce the amount of the unneeded drama. The network is still working as intended.

[calkob]

with all that is going on i am surprised that the price has stayed as stable as it is...... 

[tyz]

It seems to me that the solution suggested by Blockstream is preferred at the moment. I am a little bit concerned about the future stability of Bitcoin if they are going to continue the farce.  

[Chef Ramsay]

This shit show is a deliberate attempt at suppressing the price prior to the halving so the big dogs can curb out the weaklings and get their last round of cheap coins. If you haven't backed the truck up yet, it's time to do so or cry later. Very few people around here can truly comprehend what an actual bull rally looks like in the midst of or in the wake of a halving. Once it's set in motion, the world will be looking to pile in as they see very little other options for growth in a worldwide downturn which hasn't been seen before in such extremes.

[EvanFaggart]

with all that is going on i am surprised that the price has stayed as stable as it is...... 

I agree, I was expecting it to fall much more than it did considering all the frustration over slow confirmations and drama going on.

[EvanFaggart]

It seems to me that the solution suggested by Blockstream is preferred at the moment. I am a little bit concerned about the future stability of Bitcoin if they are going to continue the farce.  

What about Blockstream's solution makes you prefer it over other options?

[Lauda]

What about Blockstream's solution makes you prefer it over other options?

People tend to make a mistake when they talk about Blockstream's 'solution'. They tend to associate the Lightning Network as a product of Blockstream which is false. While the user might be talking about sidechains (which are not a proposed solution; in which case my assumption would be wrong), the only currently known way to accommodate a lot of users is the second layer (the Lightning Network). It should be able to accommodate 30 million users at a 1 MB block size limit (according to the whitepaper; IIRC).
Update: Removed faulty statement. I apologize.

[LFC_Bitcoin]

This shit show is a deliberate attempt at suppressing the price prior to the halving so the big dogs can curb out the weaklings and get their last round of cheap coins. If you haven't backed the truck up yet, it's time to do so or cry later. Very few people around here can truly comprehend what an actual bull rally looks like in the midst of or in the wake of a halving. Once it's set in motion, the world will be looking to pile in as they see very little other options for growth in a worldwide downturn which hasn't been seen before in such extremes.

This is a great post & probably very close to the truth.

[franky1]

why is Lauda still thinking he is the expert on all things blocksize,

just a couple weeks ago he thought that bitcoin was coded in java

he has no clue about a single line of bitcoin code, i think its time he accepted all his theories get debunked by real scenarios, statistics and better opinions then his own

[Minecache]

So this article is telling me that "two Bitcoin giants" who were on the same side along took a 'swing' at the Core developers? Very helpful indeed. People really need to reduce the amount of the unneeded drama. The network is still working as intended.

its working slowly as intended. And is it slow. Took over an hour to get 1 confirmation today.

[Carlton Banks]

The debate ended, Faggart. Tell Franky, he thinks it's still 2015

[EvanFaggart]

with all that is going on i am surprised that the price has stayed as stable as it is...... 

Just imagine the price if they were not fighting

OP should be called:

"Another Crazy Year in the Bitcoin Block Size Debate"


can't we just all get along!!!!




https://i.ytimg.com/vi/NKAst0jxja4/hqdefault.jpg

Agreed lol  ;

[Equalizer1970]

This shit show is a deliberate attempt at suppressing the price prior to the halving so the big dogs can curb out the weaklings and get their last round of cheap coins. If you haven't backed the truck up yet, it's time to do so or cry later. Very few people around here can truly comprehend what an actual bull rally looks like in the midst of or in the wake of a halving. Once it's set in motion, the world will be looking to pile in as they see very little other options for growth in a worldwide downturn which hasn't been seen before in such extremes.

+10

[7788bitcoin]

Personally I do not like debate. However, this debate shows that there are still people who care about the development of bitcoin- there is still hope.

Hopefully some constructive path will come along and this is important for the growth of bitcoin.

[schlonged]

This shit show is a deliberate attempt at suppressing the price prior to the halving so the big dogs can curb out the weaklings and get their last round of cheap coins. If you haven't backed the truck up yet, it's time to do so or cry later. Very few people around here can truly comprehend what an actual bull rally looks like in the midst of or in the wake of a halving. Once it's set in motion, the world will be looking to pile in as they see very little other options for growth in a worldwide downturn which hasn't been seen before in such extremes.

Would you expect anything less from the Republicrats running the establishment?

Why did the republicans fall in love with Obamacare after it passed? I thought that once the Republicans took the House, they would remove it like they promised?

answer:

The Republicans only pretended to hate Obamacare. The sole purpose of their public "fight" with the Democrats over this issue was to distract you from your inevitable schlonging!

Think for yourself

[maku]

Every time devs are fighting over pointless arguments bitcoin price goes down.
I was really happy that after that Hong Kong conference, that this bullshit with increasing/not increasing block size, and how to do it is finally over.
But I guess we can have more useless fighting just to piss of people and investors.

[Lauda]

The debate ended, Faggart. Tell Franky, he thinks it's still 2015

He's living in another dimension apparently.

its working slowly as intended. And is it slow. Took over an hour to get 1 confirmation today.

No. It can happen either because: 1) Your fees were inadequate (your fault); 2) Block timing was unusual (this can't be solved). Bitcoin transactions are near-instant (if you accept zero-confirmation TXs).

Personally I do not like debate. However, this debate shows that there are still people who care about the development of bitcoin- there is still hope.

Additionally it shows that there are a decent amount of people who want to take over and push their agendas through. If they cared about the development and Bitcoin itself, they'd spend less time complaining (e.g. Armstrong) and would hire coders.

[Kakmakr]

Welcome to the world of OpenSource and a public Blockchain project. The debate on technical specifications is healthy, but what is not healthy is the personal attacks. We do not need to get personal and attack individuals. You can point out their agendas and their goals without getting personal. The developers are actually a bunch of cool and very talented people and we have to respect what they contributed and still do. If you see something that these guys are doing that may hurt Bitcoin, just point it out without getting too personal.

Just concentrate on the technology and the problems associated with this, not the politics involved with the power struggles.   

[vinaha]

This shit show is a deliberate attempt at suppressing the price prior to the halving so the big dogs can curb out the weaklings and get their last round of cheap coins. If you haven't backed the truck up yet, it's time to do so or cry later. Very few people around here can truly comprehend what an actual bull rally looks like in the midst of or in the wake of a halving. Once it's set in motion, the world will be looking to pile in as they see very little other options for growth in a worldwide downturn which hasn't been seen before in such extremes.

This.