Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

[brg444]

Advice: Just think of XT as a security valve. If the core deadlock continues, the miners will opt out

And leave Bitcoin in the hands of "benevolent" dictator Mike Hearn and his blacklists? Sure...  

Bitcoin XT is the only viable implementation of BIP 101, that is the only reason miners and node hosts are switching, if you had been paying attention this debate it about avoiding dictatorships not supporting them.

Mile knows as well as you that fungibility (no black green or red lists) is essential for bitcoin to succeed as money, he discussed an idea and yes I agree with you, that he even entertained the idea is a little disturbing.  

if he is as clueless as you it will be much easier to not employ his changes than it is to improve bitcoin with BIP101.  

You're not seeing things very clearly. Maybe ask your bro cypherdoc for an eye check?

1. There are no miners switching.
2. This political coup is precisely an attempt to establish a "benevolent" dictatorship over the governance of Bitcoin

Mike knows went further than "entertaining" the idea he implemented it in hundreds of line of codes being run right now by XT nodes (code that was reviewed and approved by Gavin btw).

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[Andre#]

About 12% of nodes are running XT with zero blocks mined.

13% and 2 blocks mined.

http://xtnodes.com/

https://getaddr.bitnodes.io/nodes/

[hdbuck]

About 12% of nodes are running XT with zero blocks mined.

13% and 2 blocks mined.

[brg444]

indeed, if you don't trust Mike and Gavin's XT code, but (for some unfathomable reason) you do trust Adam and Greg's Core, and Wladimir, Jorge, Pieter, Matt, Todd, Mark and all the others

You pathetic pathological lying POS

These developers are listed on Blockstream's "Team" page: Adam Back (President), Greg Maxwell, Pieter Wuille, Matt Corallo, Mark Friedenbach, Rusty Russell, Patrick "Intersango" Strateman, Jorge Timón, and Glen Willen. There may be others. Luke "Tonal" Jr works for Blockstream as contractor. Peter Todd works half-time for Viacoin, an altcoin that claims to be bitcoin done right -- e.g. with 25 times faster confirms.

Who is paying Wladimir's salary now?

Who's paying Mike's or Gavin's? You think these two are free from conflict of interest?

What really matters is you trolls still haven't been able to put forward a legitimate case of Blockstream benefitting from small blocks that doesn't rely on pure conjecture or total inability to grasp what it is they are doing.

I think your hijacking this tread too. (I'm sorry theymos closed down the thread where this debate was happening, some times when the truth is a treat authoritarian interests have to silence it and delete posts.) 

I will not let misinformation stand uncorrected 

[brg444]

can we have a sort of crowdfunding to pay core devs? like "put your money where your mouth is"? where is the Bitcoin Foundation when you really need them?

Bitcoin Foundation was the first attempt by Gavin at hijacking and centralizing Bitcoin development under his reign. They can stay in the dirt where they currently rest

[hdbuck]

can we have a sort of crowdfunding to pay core devs? like "put your money where your mouth is"? where is the Bitcoin Foundation when you really need them?

Bitcoin Foundation was the first attempt by Gavin at hijacking and centralizing Bitcoin development under his reign. They can stay in the dirt where they currently rest

dont forget Hearn was Chair of the Foundations Law & Policy committee^TM  

https://bitcointalk.org/index.php?topic=333824.0

[bassclef]

About 12% of nodes are running XT with zero blocks mined.

13% and 2 blocks mined.

http://xtnodes.com/

https://getaddr.bitnodes.io/nodes/

A miner's ultimate incentive is the block reward which requires the survival and adoption of Bitcoin so that the reward can actually be worth something. A solution that causes investors to panic and devalue Bitcoin is not one that they would logically adopt.

[rjclarke2000]

Does Gavin still visit this forum?

[Gyrsur]

Does Gavin still visit this forum?

nope!

Gavin Andresen

lurking not counted.

[ssmc2]

About 12% of nodes are running XT with zero blocks mined.

13% and 2 blocks mined.

http://xtnodes.com/

https://getaddr.bitnodes.io/nodes/

A miner's ultimate incentive is the block reward which requires the survival and adoption of Bitcoin so that the reward can actually be worth something. A solution that causes investors to panic and devalue Bitcoin is not one that they would logically adopt.

[dreamspark]

About 12% of nodes are running XT with zero blocks mined.

13% and 2 blocks mined.

http://xtnodes.com/

https://getaddr.bitnodes.io/nodes/

Have you got the data for how many of those are nodes that have switched rather than new nodes ? 

You can tell by the split on this that they're just not going to get 75%. Aint going to happen.

There are people with more economic power to thwart a change to XT than people who support it.

[JorgeStolfi]

Bitcoin XT is the only viable implementation of BIP 101

It is not.  Any miner can make a copy of XT and remove the patches that he objects to.  Or make a copy of Core and add only those XT patches that implement vote-triggered 8MB limit.

If you are not a miner, you (or any programmer you trust) can make a copy of Core, simply raise the size limit to 8 MB,  and start running that version any time before the fork actually happens.

[ChartBuddy]

Coin
Explanation

[hdbuck]

About 12% of nodes are running XT with zero blocks mined.

13% and 2 blocks mined.

http://xtnodes.com/

https://getaddr.bitnodes.io/nodes/

Have you got the data for how many of those are nodes that have switched rather than new nodes ?  

You can tell by the split on this that they're just not going to get 75%. Aint going to happen.

There are people with more economic power to thwart a change to XT than people who support it.

actually, they have usg behind so i would not opt out a total flood of AWS or other NSA crappy mirror xt nodes just before january (and before the halving obv..) just to pretend it is widely accepted and force the miners into it.

[dragonseer]

About 12% of nodes are running XT with zero blocks mined.

If this number doesn't start rising XT will be DOA, Bitcoin will have worked as intended, and Gavin/Mike will have egg on their face for unnecessarily causing a rift and spooking the market.

I support a block size increase but not something as contentious as XT. There has to be a better solution.

Personally I think this will blow over soon and better solutions will be found.

I think the longer this debate continues the more toxic it will be for Bitcoin. One of my main interests in Crypto right now is as a counterbalance to financial instability I'm anticipating in September/October of this year. If there is a big market crash and/or US Dollar devaluation then Bitcoin may not stand to benefit at all if this debate isn't settled by then (and it looks like it won't be, what with conferences in September and November/December about this scaling issue). There is no such uncertainty about a contentious fork lingering over Litecoin for instance, so if Bitcoin looks to be in shambles throughout the rest of 2015 then don't be surprised if an altcoin might just overtake BTC in terms of market cap. The XT implementation doesn't seem like a big deal to me, although I would prefer it if the alternatives to XT were more clearly defined.

[JorgeStolfi]

13% and 2 blocks mined.

http://xtnodes.com/
https://getaddr.bitnodes.io/nodes/

That is all they got in the 0.022 years since the 8 MB XT code was released.  They have only  316'000 minutes left before the end of the year.  What a flop.

[brg444]

About 12% of nodes are running XT with zero blocks mined.

If this number doesn't start rising XT will be DOA, Bitcoin will have worked as intended, and Gavin/Mike will have egg on their face for unnecessarily causing a rift and spooking the market.

I support a block size increase but not something as contentious as XT. There has to be a better solution.

Personally I think this will blow over soon and better solutions will be found.

I think the longer this debate continues the more toxic it will be for Bitcoin. One of my main interests in Crypto right now is as a counterbalance to financial instability I'm anticipating in September/October of this year. If there is a big market crash and/or US Dollar devaluation then Bitcoin may not stand to benefit at all if this debate isn't settled by then (and it looks like it won't be, what with conferences in September and November/December about this scaling issue). There is no such uncertainty about a contentious fork lingering over Litecoin for instance, so if Bitcoin looks to be in shambles throughout the rest of 2015 then don't be surprised if an altcoin might just overtake BTC in terms of market cap. The XT implementation doesn't seem like a big deal to me, although I would prefer it if the alternatives to XT were more clearly defined.

Never happening in a million years. Litecoin should not be considered "safe" just because there is no contentious fork... the infrastructure simply isn't there.

[brg444]

13% and 2 blocks mined.

http://xtnodes.com/
https://getaddr.bitnodes.io/nodes/

That is all they got in the 0.022 years since the 8 MB XT code was released.  They have only  316'000 minutes left before the end of the year.  What a flop.

That's if we're to assume all these nodes are in actual XT-nodes 

[poncho32]

Does Gavin still visit this forum?

nope!

Gavin Andresen

lurking not counted.

His last post was in early April.

https://bitcointalk.org/index.php?topic=1013053.msg11003988#msg11003988

I liked the way he was the first dev who wasn't anonymous which helped people to start trusting Bitcoin, but I'm not keen on this XT stuff. If the XT devs and the core devs could find some middle ground it could help put people's trust back in Bitcoin.

[Gyrsur]

maybe we will see the next bubble soon because bought coins are safe until the fork will happen or not.

thinking about to buy more Bitcoin core coins until the storm is over.