jbreher
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lose: unfind ... loose: untight
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February 11, 2019, 10:50:11 PM |
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... and LukeJr is calling for 300kb blocks ...
He is right. We've Lightning now and 300kb blocks is something more than logical! Funny definition of 'logical'. With 300kB blocks, it would take on the order of a half of a millennium in order to onboard the world to LN. How long do you expect each channel to lock funds via HTLC?
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El duderino_
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BTC + Crossfit, living life.
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February 11, 2019, 10:53:21 PM |
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Dammit late evening call ..... have to do a McDo night shift, 24h stand-by almost feeling like a doctor or something
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jbreher
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February 11, 2019, 10:55:09 PM |
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It grows 50gb/year. In 5 years, you'll have to download 500gb data to start your own node. And if you already say "fuck no i am not doing it", now imagine how would it look like in 10 years.
In 5 years, technology and infrastructure should hopefully have further matured to the point where you start up Bitcoin for the first time, go and take a nice deuce, come back to your system a few minutes later, and should be mostly good-to-go. Downloading 500gb for a node 5 years from now should be such an absolute non-issue, it's embarrassing that people are seriously considering taking a backwards step right now, and failing to see the larger picture. And you wonder why I'm legit taking crazy pills ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) Imagine how I must feel reading this response. Funny world, Bob. Funny, funny world.
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jbreher
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February 11, 2019, 10:57:18 PM |
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Chinese mining cartel is selling every bitcoin they mine to defend bcash price.
Evidence? Oh... And... We all see that you evaded answering Bob's question.
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El duderino_
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BTC + Crossfit, living life.
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February 11, 2019, 10:57:59 PM |
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via Imgflip Meme GeneratorSorry just when i read crazy pills, Then all is F***ed up ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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jbreher
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February 11, 2019, 10:59:42 PM |
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Never sacrifice security for something pitiful like "low fees" "small blocks".
^^^ FTFY.
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kenzawak
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February 11, 2019, 11:00:19 PM |
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A restaurant in Barcelona : ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FcwhJYq6.jpg&t=665&c=r_lM7K8UUQvWTw)
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jbreher
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February 11, 2019, 11:06:33 PM |
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I don't mindlessly support Luke's 300kb blocks neither. I just wanted to point out his angle.
Dashjr has been spewing his insane 'smaller blocks' schpiel since years. It dovetails neatly right between his insistence that the sun circles the earth, and his conviction that it is not immoral to summarily execute every human that does not believe his exact picture of magic sky fairy.
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El duderino_
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BTC + Crossfit, living life.
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February 11, 2019, 11:07:44 PM |
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Never sacrifice security for something pitiful like "low fees" "small blocks".
^^^ FTFY. via Imgflip Meme Generator
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Last of the V8s
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Be a bank
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February 11, 2019, 11:12:22 PM |
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jbreher
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February 11, 2019, 11:19:49 PM |
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The BIG blockers were neither coming from a good place,
Same place as you, mon frere. nor did they have justification
All the justification needed. How soon you forget: Censorless. Permissionless. nor genuine motives
Absolute twaddle. for their dumb-ass talking points.
Which, of course, is why they needed to be purged from public discourse by the high priests of the Bitcoin information venues. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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El duderino_
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BTC + Crossfit, living life.
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February 11, 2019, 11:23:05 PM |
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If you don’t have a deep understanding of: 1. What money is 2. Functions of money 3. Monetary history 4. Money properties that fulfill its various functions Then don’t you dare criticize Bitcoin. https://twitter.com/alecziupsnys/status/1095092744337453061?s=21And the more you learn about those 4 things, the more you realize bitcoin was designed by people who know what the hell they're doing.
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jbreher
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February 11, 2019, 11:24:01 PM |
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You still have to download and verify the blockchain first before you prune it.
Correct me if I am wrong.
Well, I don't know the current situation, but some years ago, gmax stated that core no longer verifies back to the genesis block, relying instead upon a centralized checkpoint as 'good enough'. Still downloaded, just not verified. Weird.
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El duderino_
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BTC + Crossfit, living life.
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February 11, 2019, 11:25:27 PM |
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Early into HODLspace
Good night Observers of the Wall ........
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ivomm
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All good things to those who wait
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February 11, 2019, 11:27:40 PM |
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What is so special about this price (3600$ Bitstamp and 3700$ Bitfinex) that we sit here for 1 month?!? Is this some major resistance that will turn the tide or what? What are the buyers waiting for - another bart? It is silly and greedy to wait with cash for a few % more at this ridiculous price. Well, at least the buy support to 3200$ increased significantly. Do these "buyers" realy believe their bids will be fulfilled: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fmedia1.tenor.com%2Fimages%2Fb4c354ac422c1927c5002f8052c22d56%2Ftenor.gif%3Fitemid%3D4668781&t=665&c=QZgeZ_RXQXydeA)
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criptix
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February 12, 2019, 12:04:49 AM |
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What is so special about this price (3600$ Bitstamp and 3700$ Bitfinex) that we sit here for 1 month?!? Is this some major resistance that will turn the tide or what? What are the buyers waiting for - another bart? It is silly and greedy to wait with cash for a few % more at this ridiculous price. Well, at least the buy support to 3200$ increased significantly. Do these "buyers" realy believe their bids will be fulfilled: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fmedia1.tenor.com%2Fimages%2Fb4c354ac422c1927c5002f8052c22d56%2Ftenor.gif%3Fitemid%3D4668781&t=665&c=QZgeZ_RXQXydeA) Most people are still scared because the bear market COULD still go one more -50%. People need to regain trust again, which will start the accumulation phase. If the accumulation phase is over then we will transition into the next bull run. Imho we will probaly have the next bull run starting in around 20+ months
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JayJuanGee
Legendary
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Activity: 3822
Merit: 10740
Self-Custody is a right. Say no to"Non-custodial"
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February 12, 2019, 12:06:14 AM |
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HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist
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February 12, 2019, 12:07:12 AM |
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You still have to download and verify the blockchain first before you prune it.
Correct me if I am wrong.
Well, I don't know the current situation, but some years ago, gmax stated that core no longer verifies back to the genesis block, relying instead upon a centralized checkpoint as 'good enough'. Still downloaded, just not verified. Weird. FUD unless properly sourced.
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