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

[aztecminer]

How you doin there Aztec? Feeling ok?

yeah i am doing GREAT!! catching up on the thread .... how are you ??

[Fatman3001]

How you doin there Aztec? Feeling ok?

yeah i am doing GREAT!! catching up on the thread .... how are you ??

Same old, same old. Nerds be arguing.

[aztecminer]

That's why I say, only if that is the change.

Frankly I don't understand why it would need many coders or time to change a line of code from 1mb to 2mb. I can do it quickly, just give me an hour, grep and vi.

I don't want to support a hard fork that does anything but the block size change. Throwing in last minute changes along with it is similar to politicians throwing in their shitty little laws here and there with major laws that everyone supports.

There are indeed more changes to Classic than you are implying... There necessarily has to be because simply changing maxBlockSize from 1,000,000 bytes to 2,000,000 bytes would be dangerously irresponsible and introduce new attack vectors.

Here is a list of the changes done -

https://github.com/gavinandresen/bips/blob/92e1efd0493c1cbde47304c9711f13f413cc9099/bip-bump2mb.mediawiki

What I find most deplorable about these changes is the 75% threshold and extremely small 28 day window which goes against the miners wishes of 90% . Even Bitmain's CEO believes this is too small. Softforks require 95% mining consensus for goodness sake and they want to push through a contentious hardfork at 75%.... This is essentially a political coup.

 

bitmain is a good straight up company.. i like those guys .

[BlindMayorBitcorn]

How you doin there Aztec? Feeling ok?

yeah i am doing GREAT!! catching up on the thread .... how are you ??

Just don't try to catch up all at once. Gotta pace yourself, bro.

[aztecminer]

Most downvoted comment in the whole thread. Woot?

https://www.reddit.com/r/btc/comments/44qvoz/has_blockstream_received_a_nsl/

pretty sure Gavin has been operating under the influence of a NSL since not long after his trip to the CIA ... his actions are sometimes directly opposite of what he says, his whole behaviour and demeanour screams like a warrant canary, it's like he's shaking his head and saying Yes! all the time.

This theory actually makes sense.

coinbase is in on this too ??

[aztecminer]

How you doin there Aztec? Feeling ok?

yeah i am doing GREAT!! catching up on the thread .... how are you ??

Just don't try to catch up all at once. Gotta pace yourself, bro.

yeah sorry. i'm done for now. i read it all. thanks ..

[ChartBuddy]

Coin



Explanation

[WeltMaster]

eugh..

All this stupid infighting at the worst possible time

deutsche bank is looking like its going to be the next lehman and all this retarded community cares about is "xDxd muh scalability ecs dee xDxD"

forking idiots

[Fatman3001]

eugh..

All this stupid infighting at the worst possible time

deutsche bank is looking like its going to be the next lehman and all this retarded community cares about is "xDxd muh scalability ecs dee xDxD"

forking idiots

Try not to overreact this time.

[BlindMayorBitcorn]

eugh..

All this stupid infighting at the worst possible time

deutsche bank is looking like its going to be the next lehman and all this retarded community cares about is "xDxd muh scalability ecs dee xDxD"

forking idiots

Try not to overreact this time.

[adamstgBit]

these msgs brought to you by

[Fatman3001]

eugh..

All this stupid infighting at the worst possible time

deutsche bank is looking like its going to be the next lehman and all this retarded community cares about is "xDxd muh scalability ecs dee xDxD"

forking idiots

Try not to overreact this time.

I was thinking more of the 30s.

[Fatman3001]

these msgs brought to you by

What messages?

This one?

[adamstgBit]

This is my workstation, where I pretend to make and sell various nicnacs.

 This way we can launder million in ill gotten Bitcoins

[adamstgBit]

[BitUsher]

Its a nice ad , outside the fact that the photoshop work makes the can look like it just participated in a bukake gangbang. They should remove a bit of the white within the perspiration and some of the moisture in general.

[JimboToronto]

Good morning Bitcoinland.

Still stuck in the $370s I see. Still fussing over the fork.

Ho hum.
__________

A belated Gung Hey Fat Choy to all. I kinda missed yesterday due to excessive celebration. The world goes on.

Mmm, coffee. Not to fight ennui, but rather to fight a nasty hangover.

[ChartBuddy]

Coin



Explanation

[bargainbin]

[infofront]

It is only because of politics that people will not like Classic.

Classic is just Core with at 2mb block size limit.

Classic is building off the 0.11.2 branch which is soon to be outdated with 0.12.0 coming out of RC. There are many significant improvements with 0.12.0 that you will be forgoing(It is unlikely that Classic will switch over to 0.12.0 within the next 2 months) . Classic only has 2 experienced developers maintaining it where Core has 45.

Segwit and classic have practically similar capacity upgrades, with segwit allowing for better longterm scaling by fixing tx malleability(something that is required for payment channels to progress) .

Logically, supporting Classic doesn't make much sense.

What's to stop the Classic team from implementing segwit? AFAIK the coding is mostly complete, and publicly available.