Hexadecibel (OP)
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I still <3 u Satoshi
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March 09, 2017, 08:24:46 PM |
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Things are looking up in my opinion.
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Bitcoin_Mafia_Me
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March 09, 2017, 08:26:18 PM |
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Things are definitely looking up. Sadly I sold most of my bitcoin last month to pay bills. So now I'll just start again doing web development, SEO, article writing, etc... for bitcoin.
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FiendCoin
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The devil is in the detail.
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March 09, 2017, 09:21:16 PM |
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Things are looking up in my opinion.
I thought they were as well until I realized that China was trying to take control of Bitcoin and many western BU supporters don't seem to understand it or maybe they don't care to because they only see a Core conspiracy.
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"Darkness is good. Dick Cheney. Darth Vader. Satan. That's power." -Steve Bannon
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Iranus
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March 09, 2017, 09:23:42 PM |
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True but there might still be a long way ahead before the price and Bitcoin's adoption starts properly soaring. Either BU or SegWit needs to be implemented or Bitcoin's use as a currency will suffer. The ETF needs to be approved and, for this forum, the new forum needs to be implemented. Then, there's no telling how far Bitcoin could go, especially with near-instant transactions and the fact that it deflates by nature.
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Hexadecibel (OP)
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I still <3 u Satoshi
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March 09, 2017, 11:31:44 PM |
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Things are looking up in my opinion.
I thought they were as well until I realized that China was trying to take control of Bitcoin and many western BU supporters don't seem to understand it or maybe they don't care to because they only see a Core conspiracy. Odd, I thought the only thing China was doing was supporting superior software.
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eule
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March 09, 2017, 11:34:20 PM |
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I don't know, all this infighting lately surely seems weird to outsiders. Also the slow transaction-/high fee-problem must be addressed asap. Otherwise things are looking great.
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Hexadecibel (OP)
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I still <3 u Satoshi
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March 09, 2017, 11:39:40 PM |
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I don't know, all this infighting lately surely seems weird to outsiders. Also the slow transaction-/high fee-problem must be addressed asap. Otherwise things are looking great. Yes, I'm sure it is weird to newbs. The "Core" developers do not own Bitcoin. They have been blocking attempts to address scaling while trying to implement a half-baked solution that directly benefits themselves and cripples Bitcoin. What you are seeing is the market rejection of Bitcoin Core.
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Slark
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March 09, 2017, 11:52:55 PM |
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Things are looking up in my opinion.
I thought they were as well until I realized that China was trying to take control of Bitcoin and many western BU supporters don't seem to understand it or maybe they don't care to because they only see a Core conspiracy. So at this point we have a 'core conspiracy', Blockstream backdoor theory, Chinese hostile takeover via BU and maybe half dozen other conspiracy theories. Where is that one scaling option which is not linked to anything scary? I realized that upgrading bitcoin is a choice between to evils and there is no good way. Bitcoin Unlimited = Chinese dictatorship, SegWit = Blockstram influence. Maybe it is time for another solution?
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Hexadecibel (OP)
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I still <3 u Satoshi
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March 10, 2017, 12:01:04 AM |
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BU = Nakamoto's Consensus
As described in Satoshi's white paper.
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ImHash
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March 10, 2017, 12:06:11 AM |
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I don't see any where people "rejecting" bitcoin core, all I see is the majority of nodes and miners supporting and running their software.
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Hexadecibel (OP)
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I still <3 u Satoshi
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March 10, 2017, 12:08:51 AM |
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I don't see any where people "rejecting" bitcoin core, all I see is the majority of nodes and miners supporting and running their software.
I'm rejecting Bitcoin Core. So there's one. Most miners are not supporting SegWit, but Bitcoin Unlimited. You'll be seeing more of that.
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unamis76
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March 10, 2017, 12:09:58 AM |
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I agree with the title of thread but not with what the first post says... The chain isn't stopped so it can always get worse Jokes aside, we are indeed reaching a new low, so it can only go up from here, I guess...
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serjent05
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March 10, 2017, 12:16:24 AM |
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Things are looking up in my opinion.
I thought they were as well until I realized that China was trying to take control of Bitcoin and many western BU supporters don't seem to understand it or maybe they don't care to because they only see a Core conspiracy. Odd, I thought the only thing China was doing was supporting superior software. People are finding someone to blame if ever Bitcoin failed to meet its goal. And they see Chinese seems fit as escape goat LOL. However, there will be lots of blaming like these when things get tough. I agree with the title of thread but not with what the first post says... The chain isn't stopped so it can always get worse Jokes aside, we are indeed reaching a new low, so it can only go up from here, I guess... So tell me what is this new low? I am kinda intrigue wth this and yes I agree that after the new low, the next move is the new high . When caught at the bottom there is always a two direction to go. It is either to go horizontal or go upward
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unamis76
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March 10, 2017, 12:25:03 AM |
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So tell me what is this new low? I am kinda intrigue wth this and yes I agree that after the new low, the next move is the new high . When caught at the bottom there is always a two direction to go. It is either to go horizontal or go upward I think it's pretty obvious that the low is the fact that we've been discussing scaling for ages, the discussion's tone has risen up once again for the 2nd or 3rd time and we're almost as close to a solution as we were when we started (unfortunately due to many people's stubbornness, from both sides)
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MintCondition
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March 10, 2017, 12:34:19 AM |
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Things are looking up in my opinion.
I thought they were as well until I realized that China was trying to take control of Bitcoin and many western BU supporters don't seem to understand it or maybe they don't care to because they only see a Core conspiracy. Odd, I thought the only thing China was doing was supporting superior software. People are finding someone to blame if ever Bitcoin failed to meet its goal. And they see Chinese seems fit as escape goat LOL. However, there will be lots of blaming like these when things get tough. I agree with the title of thread but not with what the first post says... The chain isn't stopped so it can always get worse Jokes aside, we are indeed reaching a new low, so it can only go up from here, I guess... So tell me what is this new low? I am kinda intrigue wth this and yes I agree that after the new low, the next move is the new high . When caught at the bottom there is always a two direction to go. It is either to go horizontal or go upward Hoping that It gets well again ,though the value of bitcoin now is not that bad at all, though there are some issues and failures in transactions in still satisfied on what I'm getting and earning in bitcoin. Hoping that it will goes upward and more developments in bitcoin.
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FiendCoin
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The devil is in the detail.
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March 10, 2017, 12:40:41 AM |
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BU = Nakamoto's Consensus
As described in Satoshi's white paper.
BU = Few Chinese controlling majority of hash Can't believe anyone would be ok with that. If that is what Satoshi wanted, guess he wasn't the genius I though he was. Too bad he's not around anymore.
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"Darkness is good. Dick Cheney. Darth Vader. Satan. That's power." -Steve Bannon
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unamis76
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March 10, 2017, 12:41:16 AM |
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Hoping that It gets well again ,though the value of bitcoin now is not that bad at all, though there are some issues and failures in transactions in still satisfied on what I'm getting and earning in bitcoin. Hoping that it will goes upward and more developments in bitcoin.
The exchange value of Bitcoin and whatever all of us combined are earning and/or profiting somehow with Bitcoin is a really, really tiny drop in the ocean compared to the scaling issue. If we don't scale today, we don't "earn" tomorrow (and I mean this in multiple ways, and profiting is what least concerns me). BU = Few Chinese controlling majority of hash
Can't believe anyone would be ok with that.
If that is what Satoshi wanted, guess he wasn't the genius I though he was. Too bad he's not around anymore.
So according to Bitcointalk and other discussion boards, "Core=Few Chinese controlling majority of hash" and "BU=Few Chinese controlling majority of hash". Time to have a "break it down" post regarding this like some posts we had regarding Core/SegWit and other ideas/implementations?
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Vhern
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March 10, 2017, 12:43:09 AM |
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It's looking better than the being of this week and since the weekend is upon us then it should be all okay. No matter what outcome tomorrow will bring us all in this community.
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cpfreeplz
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March 10, 2017, 12:45:16 AM |
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I don't know, all this infighting lately surely seems weird to outsiders. Also the slow transaction-/high fee-problem must be addressed asap. Otherwise things are looking great. Yes, I'm sure it is weird to newbs. The "Core" developers do not own Bitcoin. They have been blocking attempts to address scaling while trying to implement a half-baked solution that directly benefits themselves and cripples Bitcoin. What you are seeing is the market rejection of Bitcoin Core. This. If it only benefits a few then it's never going to take off. That's the whole point of consensus. In the long run we'll be fine, but I'd like a permanent solution to the whole block size situation that's been going on for ... years?
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shinratensei_
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March 10, 2017, 12:50:22 AM |
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Just less than a percent to BU for passing the SegWit. https://coin.dance/blocksBU = Few Chinese controlling majority of hash
Can't believe anyone would be ok with that.
If that is what Satoshi wanted, guess he wasn't the genius I though he was. Too bad he's not around anymore.
So according to Bitcointalk and other discussion boards, "Core=Few Chinese controlling majority of hash" and "BU=Few Chinese controlling majority of hash". So, Bu/SegWit = Few Chinese controlling the majority of hash. Both look same. And whatever who will be the winner the result will be same. It seems like BU will be the winner.
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