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ChartBuddy
Legendary
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 12, 2016, 06:00:31 AM |
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shmadz
Legendary
Activity: 1512
Merit: 1000
@theshmadz
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March 12, 2016, 06:41:06 AM |
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Nerd rap is the new gangsta I guess us old nerds are like OG's? https://twitter.com/theshmadz
... Heh, 'theshmadz' auto-corrects to 'freshness'Yes I'm drunk, happy Friday everyone! |
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BlindMayorBitcorn
Legendary
Activity: 1260
Merit: 1116
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March 12, 2016, 06:47:49 AM |
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Ok party people. It seems this altcoin fever is never going to end. Hell, in hindsight I wouldn't buy a coin with Luke Jr. involved either. I guess Vitalik and FluffyPony are the future. God help us all.  |
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UngratefulTony
Member
Activity: 115
Merit: 10
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March 12, 2016, 06:51:57 AM |
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It didn't have to be like this. I blame Tuur D. Some of the people I used to really respect have turned into a cargo cult.  It's all about expectations, and possibilities. Tomorrow, not today. Forest for teh trees and such. |
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shmadz
Legendary
Activity: 1512
Merit: 1000
@theshmadz
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March 12, 2016, 06:59:51 AM |
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Ok party people. It seems this altcoin fever is never going to end. Hell, in hindsight I wouldn't buy a coin with Luke Jr. involved either. I guess Vitalik and FluffyPony are the future. God help us all. Altcoins too da mooon! Esp. BCY -.best most useful coin for buying imaginary digital made up shit that you can get for free just by beta testing the game... Don't say I never gave you nuffin' |
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ChartBuddy
Legendary
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 12, 2016, 07:00:31 AM |
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Mrpumperitis
Legendary
Activity: 2856
Merit: 1075
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March 12, 2016, 07:01:27 AM |
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Ok party people. It seems this altcoin fever is never going to end. Hell, in hindsight I wouldn't buy a coin with Luke Jr. involved either. I guess Vitalik and FluffyPony are the future. God help us all. lol, its all for the best, why dont all you guys visit us at the ether thread sometime, theres a gd bunch of peeps there and you are all more than welcome. https://bitcointalk.org/index.php?topic=428589.new#new Adam m8 u ok,lol seems u been drinkn hard tonight,lol, waiting for Adams first post over at the ether thread...that would be an event,lol |
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BlindMayorBitcorn
Legendary
Activity: 1260
Merit: 1116
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March 12, 2016, 07:02:52 AM |
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It didn't have to be like this. I blame Tuur D. Some of the people I used to really respect have turned into a cargo cult. It's all about expectations, and possibilities. Tomorrow, not today. Forest for teh trees and such. Ya but. Don't you have an alternative currency you'd like to promote? Where's your pride, man? |
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UngratefulTony
Member
Activity: 115
Merit: 10
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March 12, 2016, 07:09:33 AM
Last edit: March 12, 2016, 07:20:24 AM by UngratefulTony |
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It didn't have to be like this. I blame Tuur D. Some of the people I used to really respect have turned into a cargo cult. It's all about expectations, and possibilities. Tomorrow, not today. Forest for teh trees and such. Ya but. Don't you have an alternative currency you'd like to promote? Where's your pride, man? I did it in a half-assed way back in January. Tonight, it's like handing your buddy the revolver in a round of Rossiya roulette. * Most of this enthusiasm should be going towards Bitcoin as it rolls toward the halving. Thanks to Blockstream for leaving the tru beliebers... wit dick in hand. |
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BlindMayorBitcorn
Legendary
Activity: 1260
Merit: 1116
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March 12, 2016, 07:18:40 AM |
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 I guess I'll fuck for sexcoins nao. |
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ChartBuddy
Legendary
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 12, 2016, 08:00:31 AM |
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Fatman3001
Legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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March 12, 2016, 08:22:25 AM |
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i got my finger on the tiger 100BTC about the get DUMPED into ETH
someone stop me~!
Check liquidity first. Drunk whales tend to make a splash. |
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explorer
Legendary
Activity: 2016
Merit: 1259
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March 12, 2016, 08:37:37 AM |
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i got my finger on the tiger 100BTC about the get DUMPED into ETH
someone stop me~!
Check liquidity first. Drunk whales tend to make a splash. All these animals! Putting your finger on the tiger can also be dangerous when you are drunk. Next: Pin the tail on the donkey! |
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Fatman3001
Legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
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March 12, 2016, 08:42:51 AM |
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i got my finger on the tiger 100BTC about the get DUMPED into ETH
someone stop me~!
Check liquidity first. Drunk whales tend to make a splash. All these animals! Putting your finger on the tiger can also be dangerous when you are drunk. Next: Pin the tail on the donkey! ? So Adam is Eeyore? |
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explorer
Legendary
Activity: 2016
Merit: 1259
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March 12, 2016, 08:44:57 AM |
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i got my finger on the tiger 100BTC about the get DUMPED into ETH
someone stop me~!
Check liquidity first. Drunk whales tend to make a splash. All these animals! Putting your finger on the tiger can also be dangerous when you are drunk. Next: Pin the tail on the donkey! ? So Adam is Eeyore? You've seen his tears, and heard him bray. You be the judge! |
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ChartBuddy
Legendary
Activity: 2898
Merit: 2496
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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March 12, 2016, 09:00:30 AM |
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Andre#
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March 12, 2016, 09:25:35 AM |
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I think it's a good analogy, which makes the issue easier to understand. If there are flaws in the analogy, I'm happy to discuss them. The criticism of AlexGR that people on a bus are real, and Bitcoin transactions in a block (according to him) are not, is just childish.
His other remark that it's cheap to buy all the space in a block (because blocks are quite small and transactions cheap), doesn't discredit the analogy. If someone wants to take out the high speed train from Amsterdam to Paris, he can buy all the train tickets. It's doable, and effectively a DOS attack preventing any other people from using the train. If anything, it shows my analogy is a correct one.
Not there yet. When you broadcast a tx, where you "pay", say, 1 satoshi per byte, what you are *really* doing is that you are stating your intention that if you get included in some block then you will pay the said amount. You don't actually pay anything beforehand. The payment is only done upon inclusion. If you get the service, you get paid. If someone else pays more than you, then HE gets it, not you. In that scenario, where he got in and you didn't, the only party paying is him, not you. You haven't paid anything. You only said that you were willing to pay a trivial amount, which was less than him, and the miner said ok, you aren't paying me that much, so I'm going to process that other guy who pays me more. You are correct, Bitcoin tx are blind auctions. But it also works the other way around. Once you have issued a tx with a decent fee that you expect to be included, someone can come along and flood the (small) block with txs with a bit higher fee. It doesn't even have to be malicious -- a sudden event causing a lot of extra txs will do the trick. Your tx will get "stuck", and you are left behind frustrated. As has been demonstrated recently. |
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UngratefulTony
Member
Activity: 115
Merit: 10
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March 12, 2016, 09:39:41 AM |
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O, really?
Just smile and nod, while politely increasing distance. I think he's got assburgers. |
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molecular
Donator
Legendary
Activity: 2800
Merit: 1023
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March 12, 2016, 09:41:54 AM |
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AlexGR, do you allow for the possibility that maybe small blocks isn't a good idea?
Timing is crucial. Even 1TB per year blocks (20mb/block) will have its time when 20mb/block will be "alright". Upgrade too soon, you'll have 10gb txs and 990gb spam. Upgrade on time, you'll get 800-950gb txs and 50-200gb spam. I don't understand why it's spam when it pays a fee. Miners are free to exclude tx if the fee is too small. |
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