kerogre256 (OP)
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March 12, 2013, 02:59:29 PM |
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Most people dont realize this yet. You lose trust, its gone you cant get it back...
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thebaron
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March 12, 2013, 03:00:23 PM |
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OK. Please make the price go down to 50 cents again, then. I will happily buy all I can possibly buy.
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DeathAndTaxes
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Gerald Davis
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March 12, 2013, 03:02:35 PM |
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Most people dont realize this yet. You lose trust, its gone you cant get it back...
What trust was lost? The network proved its resilience. A downgrade wasn't even necessary. The majority could have stayed on v0.8 and it would have forced all v0.7 users to upgrade. Of course that would have left them vulnerable until they did. Even if no downgrade was possible the network would have survived just fine.
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Gabi
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If you want to walk on water, get out of the boat
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March 12, 2013, 03:04:37 PM |
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Most people dont realize this yet. You lose trust, its gone you cant get it back...
Yeah i understand you, you no more trust bitcoin. But you are lucky, i can buy all your bitcoins for 1$ each!!!!!!! Since you no more trust it...
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20max13
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Merit: 0
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March 12, 2013, 03:05:31 PM |
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OK. Please make the price go down to 50 cents again, then. I will happily buy all I can possibly buy.
oh god id love another chance to buy huge amounts for next to nothing but knowing my luck the price would fall and never come back up lol
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Luno
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March 12, 2013, 03:07:13 PM |
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Bitcoin is like women, not perfect but you can't stop loving them anyway.
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Technomage
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Affordable Physical Bitcoins - Denarium.com
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March 12, 2013, 03:07:21 PM |
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For me, the trust was _gained_. I've never seen a situation like this before. I watched everything in IRC, and what I saw was professional people doing their utmost best to fix Bitcoin. And they did fix it, pretty much as efficiently as it could be done under the circumstances.
Bitcoin is a software project, bugs are possible. Even NASA and other very serious projects have had bugs, it's always a possibility. We just need to deal with it and Bitcoin now proved that it can deal with it.
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Denarium closing sale discounts now up to 43%! Check out our products from here!
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Littleshop
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March 12, 2013, 03:07:30 PM |
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Most people dont realize this yet. You lose trust, its gone you cant get it back...
True. But this event INCREASED my trust.
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cdnbcguy
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March 12, 2013, 03:08:48 PM |
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It seems bad that when a problem is found it is immediately disclosed and fixed.
BUT history is rife with examples of ass covering that only kicked the can further down the road until disaster - like the economy of Japan for example.
The Bitcoin community did the right thing.
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Annona ad! Please keep in mind that there is nothing wrong with Bitcoin itself. All it's scandals are caused by wonky websites and sleazy people exploiting it. The light attracts bugs. When all this bullshit drys up and blows away, Bitcoin will be stronger than ever.
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luffy
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March 12, 2013, 03:09:45 PM |
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Bitcoin is like women, not perfect but you can't stop loving them anyway.
the best motto i have read
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Isokivi
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March 12, 2013, 03:19:18 PM |
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Most people dont realize this yet. You lose trust, its gone you cant get it back...
Trust was gained, not lost.
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Bitcoin trinkets now on my online store: btc trinkets.com <- Bitcoin Tiepins, cufflinks, lapel pins, keychains, card holders and challenge coins.
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Piper67
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March 12, 2013, 03:21:54 PM |
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WinVery.com
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March 12, 2013, 03:24:39 PM |
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If anything too this does increase the value of the units, watch
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RodeoX
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The revolution will be monetized!
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March 12, 2013, 03:25:39 PM |
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what's bad? What trust has been lost? If YOU have lost your trust, can I buy your bitcoins cheap?
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elux
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March 12, 2013, 03:43:18 PM |
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It seems bad that when a problem is found it is immediately disclosed and fixed.
BUT history is rife with examples of ass covering that only kicked the can further down the road until disaster - like the economy of Japan for example.
This was a win for Bitcoin, though it may not have appeared so last night.
what's bad? What trust has been lost?
Umm... guys... 15:23 <TD> bitmarco: the news is wrong. 15:23 <bitmarco> but it is the news 15:23 <jouke> Why is it wrong? 15:23 <jgarzik> jouke: it is a bug in an older version 15:23 <helo> 0.7 rejects blocks we didn't know it would reject 15:24 <sipa> gmaxwell: yes, the current network behaviour is too buggy (=unpredictable) 15:24 -!- BTC_Bear|hbrntng is now known as BTC_Bear
15:24 <jouke> Yesterdag night the community decided that that bug defines the validness of the blocks. 15:24 <gavinandresen> We definitely need a hardfork. Version 0.3 and version 0.7 are incompatible, we just didn't know it 15:24 <helo> but the definition of a valid block is "what past versions accept"
15:24 <sipa> gavinandresen: i don't think they are 15:24 <Luke-Jr> gavinandresen: only 0.8 is incompatible right now.. 15:24 <wallet42> so what is the maximum blocksize? 15:24 <jouke> Making .8 invalid to that definition 15:24 <bitmarco> so 0.8 is the broken one 15:24 <jgarzik> gavinandresen: do not agree w/ that assessment... 15:24 <gmaxwell> jgarzik: Please don't just repeat that. We _never_ would have release 0.8 with this behavior if we knew about it. In bitcoin correctness means compatiblity with the network, not your platonic ideal of the rules. 15:24 <gavinandresen> sipa: with a big enough re-org, I bet 0.3 nodes get stuck 15:24 <wallet42> safe maximum blocksize
15:24 <sipa> gmaxwell: first, even if we have a strict upper limit that can be enforced in a soft fork, a large reorg will kick out old nodes 15:25 <gavinandresen> … again, because "we" changed re-orged transactions to be per-block instead of per-re-org 15:25 <TD> gmaxwell: up to certain limits. 15:25 <gmaxwell> sipa: Okay, point. To the extent that <0.8 is not even self-consistent with time-shiftied copies of itself, that must be fixed. 15:25 <Wayward> Still, announcing that 0.8 is "bad" or "broken" was a terrible idea. 15:25 <TD> gmaxwell: obviously when the missing MoneyRange() check was discovered, the majority consensus was just wrong
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Ekaros
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March 13, 2013, 12:32:00 AM |
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I do wonder how well implementation is specified and tested. Not that I have anything invested in BTC now...
This kind of "feature" doesn't go well for trust to protocol implementation, even if it is well handled. How well will protocol scale? And is there other unknown issues with current implementations?
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Amitabh S
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Activity: 1001
Merit: 1005
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March 13, 2013, 12:51:27 AM |
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Most people dont realize this yet. You lose trust, its gone you cant get it back...
Yeah i understand you, you no more trust bitcoin. But you are lucky, i can buy all your bitcoins for 1$ each!!!!!!! Since you no more trust it... I'll buy your bitcoins for $10 each. Thats 10 times what Gabi is offering.
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