@RogerVer lets make a deal. At least 60k, my BTU for your BTC.

[traincarswreck]

Yup, a zeno's paradox.

[muyuu]

You have to understand that talking in PodCasts and whining on Reddit takes time. $100M+ deals must wait.

[traincarswreck]

we have to hard fork 48hours!

[zyzzbrah]

The price is crashing due the chinese hashrate whale being bribed to cause this shitstorm by supporting buggy software against 80%+ of users and common sense in general.

so its all bribery?  There's no real problem with Bitcoin?  Everything is actually fine and we should just follow Greg Maxwell to victory? 

no, we should follow jonald_fyookball and franky1 to victory

[Thatstinks]

When will the BTU coin to the moon thread start

[jonald_fyookball]

The price is crashing due the chinese hashrate whale being bribed to cause this shitstorm by supporting buggy software against 80%+ of users and common sense in general.

so its all bribery?  There's no real problem with Bitcoin?  Everything is actually fine and we should just follow Greg Maxwell to victory? 

no, we should follow jonald_fyookball and franky1 to victory

How about an even better idea -- we get rid of the blocksize limit at the protocol level so we don't have to follow anybody and everyone can run whatever version of Bitcoin they want?

[FlightyPouch]

When will the BTU coin to the moon thread start

Well you can start now, you can go to the moon and start this BTU coin to the moon thread, and whilet your at it, bring also the idea of BTU there so there will be no matter here, it will really be convinient.

[bitkilo]

SATOSHI wanted 1 MB blocks, not 2MB or unlimited block-size.

Are you sure about that?
Iirc I'm pretty sure he started with something much more than that and even said that it should be adjusted when needed..

Exactly, i can never remember reading any post by Satoshi where he says the block size should always remain at 1mb, if there is a post somewhere that he says that then please point it out to me.

[BlindMayorBitcorn]

[QuestionAuthority]

I love Monty Python. Everyone is farting in Ver's general direction.

[Pattberry]

As much as people hate on BTU, there's a risk of the chain surviving. Exchanging your coins for one chain is a high risk move that could leave you penniless.
The future must be very beautiful！

With the level of uncertainty bitcoin is going through at this time how come you say that the future is beautiful, people do have BTU because they are against the decentralized structure of bitcoin and if there is a split i am sure BTU wont survive as it will be an alt coin rather than the main coin.

[TooDumbForBitcoin]

SATOSHI wanted 1 MB blocks, not 2MB or unlimited block-size.

Are you sure about that?
Iirc I'm pretty sure he started with something much more than that and even said that it should be adjusted when needed..

Exactly, i can never remember reading any post by Satoshi where he says the block size should always remain at 1mb, if there is a post somewhere that he says that then please point it out to me.

Your search for Satoshi's Last Will and Testament is a noble one, and touching, but perhaps doomed to fail.

[notthematrix]

segwit has more blocks then btc-u last 24 hr

But what do you expect btc-u is joke

[jay8291]

Jihan is afraid that he might lose fees once segwit is activated & LN implemented. What he cant understand is that he will receive more fees after segwit as the usage will increase again.

Dont know who is controlling who. Jihan by Roger or vice-versa.

[BigBoom3599]

Jihan is afraid that he might lose fees once segwit is activated & LN implemented. What he cant understand is that he will receive more fees after segwit as the usage will increase again.

Dont know who is controlling who. Jihan by Roger or vice-versa.

That sounds weird... Miners wouldn't get more fees because of the LN network, because they'd still be mining the 1MB/2MB blocks. BU and LN will both increase usage and adoption, however BU will stay onchain, which means more fees and profit for the miners. All these talks about Jihan wanting to control BTC are bs, he just wants money. LOL (not blaming him for it though  )

[Carlton Banks]

segwit has more blocks then btc-u last 24 hr

Coindance is a bit of a joke, IMO


Why is 1000 blocks relevant? Both Segwit and BU use 2016 block periods for their activation parameters, so the 1000 blocks sample makes zero sense

[notthematrix]

The only joke in town is Roger and btc-u
https://www.reddit.com/r/Bitcoin/comments/60ozkh/rogerver_lets_make_a_deal_1_for_1_trade_at_least/

about coindance:
coindance counts blocks.



asic miner owners are moving away from bt-u pools.
the assumption that a pool owns all asics is bul...
A lot of  asic miner owners flock in a pool to have bigger chance finding a block...
Using a chineese pool can be very handy f.e if it comes to taxing somewhere in future.
other thing is that not all china pools signal btc-u al few also signal segwit so also inside china people can reconfig there asics and switch pool.


  

[BillyBobZorton]

Jihan is afraid that he might lose fees once segwit is activated & LN implemented. What he cant understand is that he will receive more fees after segwit as the usage will increase again.

Dont know who is controlling who. Jihan by Roger or vice-versa.

That sounds weird... Miners wouldn't get more fees because of the LN network, because they'd still be mining the 1MB/2MB blocks. BU and LN will both increase usage and adoption, however BU will stay onchain, which means more fees and profit for the miners. All these talks about Jihan wanting to control BTC are bs, he just wants money. LOL (not blaming him for it though  )

If he wants money, why would he risk his entire ASIC industry in buggy software that can kill bitcoin? (and render him bankrupt as a result)

If he really wants money, lets get segwit + LN so we can reach massive usage. Also LN incentivizes running nodes since you can make money off interesting by running LN channels, which is why Core does a good job by keeping the block size small, so the average guy (us) can also make money by running LN hubs with their hodlings. Conservative block size also gives us the option to counter attack greedy miners with weapons such as UASF. The whole thing makes sense. Counting pros and cons, conservative block size, capacitiy increases (segwit) and layer 2 (LN) is the way to go.

After segwit, future block size increases will be needed anyway.

Onchain scaling will never amount to mainstream bitcoin usage. You can't be buying coffees and doing groceries waiting for the guy next to you in the lane to confirm the transactions. That's just stupid.

[jonald_fyookball]

  capacitiy increases (segwit) and layer 2 (LN) is the way to go.
 

the main problem with this is that we needed capacity increases yesterday and segwit won't be approved tomorrow...meanwhile bitcoin is losing market share to other cryptos.

[BlindMayorBitcorn]