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Author Topic: The Barry Silbert segwit2x agreement with >80% miner support.  (Read 120066 times)
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ComputerGenie
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July 16, 2017, 09:56:14 AM
 #1361

...This guy lays it out.......
His bias shows quite clearly.
There's a perverse irony in any stance that "blames" the majority of miners for "creating" a fork by changing nothing and that fork is actually due to a minority.  Undecided

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
allinvain
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July 16, 2017, 10:17:42 AM
 #1362

"The SegWit2x development team aims for July 21st to be the day that BTC1 nodes are actually up and running, and, importantly, the day that miner signaling should commence."

-bitcoin magazine

https://bitcoinmagazine.com/articles/countdown-segwit-these-are-dates-keep-eye/

Damn this is cutting it really close. I bet a lot of bitcoiners are puckering up their butt cheeks now  Cheesy

Denker
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July 16, 2017, 10:34:20 AM
 #1363

"The SegWit2x development team aims for July 21st to be the day that BTC1 nodes are actually up and running, and, importantly, the day that miner signaling should commence."

-bitcoin magazine

https://bitcoinmagazine.com/articles/countdown-segwit-these-are-dates-keep-eye/

Damn this is cutting it really close. I bet a lot of bitcoiners are puckering up their butt cheeks now
 Cheesy

Why? I'm totally chilled! Never will I run this client! And when others are freaking out right now and sell their coins I will gladly pick them up. If BTC1 messes it up to activate SegWit then BIP148 UASF will do it. So no worries here!
allinvain
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July 16, 2017, 10:55:50 AM
 #1364

"The SegWit2x development team aims for July 21st to be the day that BTC1 nodes are actually up and running, and, importantly, the day that miner signaling should commence."

-bitcoin magazine

https://bitcoinmagazine.com/articles/countdown-segwit-these-are-dates-keep-eye/

Damn this is cutting it really close. I bet a lot of bitcoiners are puckering up their butt cheeks now
 Cheesy

Why? I'm totally chilled! Never will I run this client! And when others are freaking out right now and sell their coins I will gladly pick them up. If BTC1 messes it up to activate SegWit then BIP148 UASF will do it. So no worries here!

Oh no doubt UASF will activate it. But I worry about the Chinese mega miners / mega pools. If they are playing a ruse it could get messy. I would really like to avoid an ETH - ETC scenario. You may be able to grab cheap bitcoin but at the end of it you'll end up with two or more "bitcoins" and your cheap bitcoins may not be so valuable in aggregate as when bitcoin was one whole entity.

Anyways, I don't want to spread FUD. Good on you that you are so chill about it! Smiley


ComputerGenie
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July 16, 2017, 11:07:04 AM
 #1365

...I would really like to avoid an ETH - ETC scenario...
The entire fundamental logic structure is different here. This is about choosing the "best" path forward, that was about changing the entire premise of immutability (due to a non-protocol related incident).  Undecided

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
Searing
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July 16, 2017, 11:12:22 AM
 #1366

"The SegWit2x development team aims for July 21st to be the day that BTC1 nodes are actually up and running, and, importantly, the day that miner signaling should commence."

-bitcoin magazine

https://bitcoinmagazine.com/articles/countdown-segwit-these-are-dates-keep-eye/

Damn this is cutting it really close. I bet a lot of bitcoiners are puckering up their butt cheeks now
 Cheesy

Why? I'm totally chilled! Never will I run this client! And when others are freaking out right now and sell their coins I will gladly pick them up. If BTC1 messes it up to activate SegWit then BIP148 UASF will do it. So no worries here!

Oh no doubt UASF will activate it. But I worry about the Chinese mega miners / mega pools. If they are playing a ruse it could get messy. I would really like to avoid an ETH - ETC scenario. You may be able to grab cheap bitcoin but at the end of it you'll end up with two or more "bitcoins" and your cheap bitcoins may not be so valuable in aggregate as when bitcoin was one whole entity.

Anyways, I don't want to spread FUD. Good on you that you are so chill about it! Smiley



Not that I think much of this...but remember if USAF activates...bitmain claims they are gonna go UAHF and split.....(drama always drama) Sad

https://bitcoinmagazine.com/articles/bitmain-responds-uasf-another-hard-fork-announcement/


Old Style Legacy Plug & Play BBS System. Get it from www.synchro.net. Updated 3/3/25. It also works with Windows 11 and Linux. Allows 16 bit DOS game doors on the same Win 11 Machine in Multi-Node! Five Minute Install! Look it over it uninstalls just as fast, if you simply want to look it over. Freeware! Full BBS System! It is a frigging hoot!:)
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July 16, 2017, 11:35:18 AM
 #1367

...I would really like to avoid an ETH - ETC scenario...
The entire fundamental logic structure is different here. This is about choosing the "best" path forward, that was about changing the entire premise of immutability (due to a non-protocol related incident).  Undecided

You are right. Sorry I should've been more clear and not have used that as a comparison, but I only meant it to refer to a hard fork - ie a chain split.

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July 16, 2017, 11:46:02 AM
 #1368

"The SegWit2x development team aims for July 21st to be the day that BTC1 nodes are actually up and running, and, importantly, the day that miner signaling should commence."

-bitcoin magazine

https://bitcoinmagazine.com/articles/countdown-segwit-these-are-dates-keep-eye/

Damn this is cutting it really close. I bet a lot of bitcoiners are puckering up their butt cheeks now
 Cheesy

Why? I'm totally chilled! Never will I run this client! And when others are freaking out right now and sell their coins I will gladly pick them up. If BTC1 messes it up to activate SegWit then BIP148 UASF will do it. So no worries here!

Oh no doubt UASF will activate it. But I worry about the Chinese mega miners / mega pools. If they are playing a ruse it could get messy. I would really like to avoid an ETH - ETC scenario. You may be able to grab cheap bitcoin but at the end of it you'll end up with two or more "bitcoins" and your cheap bitcoins may not be so valuable in aggregate as when bitcoin was one whole entity.

Anyways, I don't want to spread FUD. Good on you that you are so chill about it! Smiley



Not that I think much of this...but remember if USAF activates...bitmain claims they are gonna go UAHF and split.....(drama always drama) Sad

https://bitcoinmagazine.com/articles/bitmain-responds-uasf-another-hard-fork-announcement/



I hope they are bluffing. In my opinion they are playing a dangerous and stupid game. Indeed drama and overt arrogance. I sometimes get the feeling that these people may be intellectually smart but probably have the mental maturity of a 10 year old. *Sigh*

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July 16, 2017, 12:51:46 PM
 #1369

At least they proved themselves competent in crashing the market.

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ComputerGenie
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July 16, 2017, 12:57:17 PM
 #1370

At least they proved themselves competent in crashing the market.
Remind me, again, the logical reason why it was up that high in the 1st place  Huh

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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July 16, 2017, 01:05:41 PM
 #1371

At least they proved themselves competent in crashing the market.
Remind me, again, the logical reason why it was up that high in the 1st place  Huh
It's all about demand. People buy it because they need it. Maybe there are people willing to pay a lot more in some places in the world...

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ComputerGenie
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July 16, 2017, 01:09:37 PM
 #1372

... People buy it because they need it...
If anyone were to buy Bitcoin because they needed it, they would become the 1st person to ever do so.  Roll Eyes

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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July 16, 2017, 01:13:33 PM
 #1373

At least they proved themselves competent in crashing the market.
Remind me, again, the logical reason why it was up that high in the 1st place  Huh

Yeah, the ATH is hard to get logically. Let me construct a weired logic for the drop here.

We all wonder about the monetizing agenda of blockstream.

A way to earn money is maybe: Buy now!

Why?

The most triggy part of the agenda was to find a coded solution, that would totally split the community into consumers and miners, where the dull big miners might pay them a little share on either 2nd layer fees or licence.

Or, if that doesn't play out, speculate with the predictable and currently seen unclear situation of potential chain split,  buy now cheap coins and later join back into consensus beeing the rich heros....

 Huh

Carpe diem  -  understand the White Paper and mine honest.
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July 16, 2017, 01:15:12 PM
 #1374

... People buy it because they need it...
If anyone were to buy Bitcoin because they needed it, they would become the 1st person to ever do so.  Roll Eyes
Inflation is not an illusion. Some people really need to stay away from it.

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ComputerGenie
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July 16, 2017, 01:21:23 PM
 #1375

...We all wonder about the monetizing agenda of blockstream...
Actually we don't; I wonder about people who wonder about people monetizing currency.  Roll Eyes

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
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July 16, 2017, 01:42:36 PM
 #1376


I hope they are bluffing. In my opinion they are playing a dangerous and stupid game. Indeed drama and overt arrogance. I sometimes get the feeling that these people may be intellectually smart but probably have the mental maturity of a 10 year old. *Sigh*

I hope they are not. The sooner we get rid of them, the better it is. The only reason why segwit didn't activate till now is bitmain and its cover-asicboost. If we get along with bitmain and activate segwit without a problem this time, we will have the exact same problems when the next upgrade time comes.

Again they won't like the upgrade yet they won't write a better one, again they'll throw threats of forking bitcoin but still they'll suck it up. No big deal actually but bitcoin loses the trust of common people that's all.

BTC1 itself shows us that how reckless they are. While there are only a couple weeks left to activate UASF, they expect everyone to download and run BTC1 nodes? Seriously? UASF is building up for months now. What were they doing?

I'll tell you: They were promoting their 8mb blocks.  GJ Smiley

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July 16, 2017, 01:43:48 PM
 #1377

... People buy it because they need it...
If anyone were to buy Bitcoin because they needed it, they would become the 1st person to ever do so.  Roll Eyes

One word: drugs  Cheesy Cheesy

ComputerGenie
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July 16, 2017, 01:45:22 PM
 #1378

...The only reason why segwit didn't activate till now is bitmain and its cover-asicboost...
Here, you dropped this...

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
ComputerGenie
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July 16, 2017, 01:47:00 PM
 #1379

If anyone were to buy Bitcoin because they needed it, they would become the 1st person to ever do so.  Roll Eyes
One word: drugs  Cheesy Cheesy
I'm not sure that illegal activity constitutes a needUndecided

If you have to ask "why?", you wouldn`t understand my answer.
Always be on the look out, because you never know when you'll be stalked by hit-men that eat nothing but cream cheese....
allinvain
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July 16, 2017, 01:58:15 PM
 #1380

If anyone were to buy Bitcoin because they needed it, they would become the 1st person to ever do so.  Roll Eyes
One word: drugs  Cheesy Cheesy
I'm not sure that illegal activity constitutes a need.  Undecided

Need can be interpreted in many ways. I'm sure if you ask them they'd say it's a "need"  Wink. But I can also think of people seeking to avoid capital flow controls, people looking to make large or expensive purchases without leaving a trace in the fiat money space, people who need to make quick and timely international payment, etc. There is still a trace in the fiat money system for most of these use case scenarios though Undecided  But you are absolutely right, btc has been used as an investment vehicle/store of value for the most part. Once bitcoin has a stable circular economy than that will be the time where someone may absolutely need to buy btc to obtain a particular product or service which they cannot obtain through the fiat economy.

lol funny enough one case where one may absolutely need bitcoin is when bitmain sells miners strictly in btc (ie they do not accept wire payments as well).

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