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Author Topic: Roger Ver holds around 300k bitcoins worth $750 Million and wants the fork  (Read 8798 times)
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July 31, 2017, 10:14:39 AM
 #81

I support Bitcoin Cash and here's why.

Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn'i it bother you people at all? That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees. After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.


Yeah, another nutjob with distorted facts.

The reality of the matter is that various cryptos were pumped to hell, including ethereum, and during that time bitcoin was at all time highs too, but the pump jobs were growing at a faster rate.  That is hardly evidence of a dying bitcoin... so get your selective facts straight instead of trying to spin a situation in some pie in the sky wish.

Second, did you even notice that all of a sudden, as soon as segwit2x was signaling intention, the mempool back log went to nearly zero and accordingly, the transaction fees and the and the delays went down to normal levels too.  Get in touch with reality and stop citing misinformation and fantasy to support your stupid ass theories about bitcoin supposedly being broken.  Roger cites this same kind of pie in the sky nonsense that is out of touch with reality; however, the fact that a whole bunch of you big blocker nutjobs are citing the same wrong facts does not make them any more true... and don't come out saying that there are various versions of truth because there are not.

The fact of the matter is that there is no need for increasing the blocksize limit, yet, and down the road we see how segwit plays out, then maybe at some point (maybe a few years from now) there will be a need to increase the blocksize limit.  Gotta take one step at a time, and the first step is the bullish as fuck situation that segwit is soon to lock-in and subsequently activate.. which is very powerful for the building on of bitcoin and making bitcoin the only fucking coin that maintains a decentralized set up - in spite of the misinformation of the big blocker nutjobs and the forkers who are continuing to want to deceive and propaganda with their shitty ass and seemingly coercion intended hardfork.



   First things first. You're an imbecile.

   And second, if altcoins were pumped, don't you think it's because people disappointed in Bitcoin started to draw their bitcoins into Ethereum and whatever? You're insulting people and obviously think yourself to be so high and mighty, but u've never cited any reasonable facts to support your dumbass position on matter at hand.

Yeah right.  You should look in the mirror newbie. 

You are likely paid to make these dumbass lame theories that are not based in reality. 

First of all your theories are based upon incorrect facts, and then second you engage in spinning of those lame "facts" in order to arrive at your pie in the sky conclusion that bitcoin is either broken or dead... Nonsense.  Bitcoin is a long way from either being broken or dead, and these are bullish as fuck times for bitcoin and the greatness of segwit.

Sorry for your loss and your inability to convince anyone except those who are equally in a fantasy way of thinking.


OOOHH BOY "Greatness of Segwit". It sounds like "The Glory of God" or smth like that. U're fanatic, not a reasonable at least sentient being

https://www.youtube.com/watch?v=hO176mdSTG0    Look  at this, dumbass SEGWIT BITCOIN IS NOT BITCOIN AT ALL it's in definition
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July 31, 2017, 10:32:56 AM
 #82

I support Bitcoin Cash and here's why.

Look at this chart https://coinmarketcap.com/charts/#dominance-percentage it says that from February 21 up to June 17 Bitcoin market share has dropped from 87% to 38! Doesn'i it bother you people at all? That's why price went down to 1700$, PEOPLE STOPPED USING BITCOIN, because of the lack of credibility- namely slow transactions and high as fuck fees. After that price returned to ~2700$ ONLY because of speculations around Segwit2x. It's the only reason, bBitcoin  is dying and u all know it.


Yeah, another nutjob with distorted facts.

The reality of the matter is that various cryptos were pumped to hell, including ethereum, and during that time bitcoin was at all time highs too, but the pump jobs were growing at a faster rate.  That is hardly evidence of a dying bitcoin... so get your selective facts straight instead of trying to spin a situation in some pie in the sky wish.

Second, did you even notice that all of a sudden, as soon as segwit2x was signaling intention, the mempool back log went to nearly zero and accordingly, the transaction fees and the and the delays went down to normal levels too.  Get in touch with reality and stop citing misinformation and fantasy to support your stupid ass theories about bitcoin supposedly being broken.  Roger cites this same kind of pie in the sky nonsense that is out of touch with reality; however, the fact that a whole bunch of you big blocker nutjobs are citing the same wrong facts does not make them any more true... and don't come out saying that there are various versions of truth because there are not.

The fact of the matter is that there is no need for increasing the blocksize limit, yet, and down the road we see how segwit plays out, then maybe at some point (maybe a few years from now) there will be a need to increase the blocksize limit.  Gotta take one step at a time, and the first step is the bullish as fuck situation that segwit is soon to lock-in and subsequently activate.. which is very powerful for the building on of bitcoin and making bitcoin the only fucking coin that maintains a decentralized set up - in spite of the misinformation of the big blocker nutjobs and the forkers who are continuing to want to deceive and propaganda with their shitty ass and seemingly coercion intended hardfork.



   First things first. You're an imbecile.

   And second, if altcoins were pumped, don't you think it's because people disappointed in Bitcoin started to draw their bitcoins into Ethereum and whatever? You're insulting people and obviously think yourself to be so high and mighty, but u've never cited any reasonable facts to support your dumbass position on matter at hand.

Yeah right.  You should look in the mirror newbie. 

You are likely paid to make these dumbass lame theories that are not based in reality. 

First of all your theories are based upon incorrect facts, and then second you engage in spinning of those lame "facts" in order to arrive at your pie in the sky conclusion that bitcoin is either broken or dead... Nonsense.  Bitcoin is a long way from either being broken or dead, and these are bullish as fuck times for bitcoin and the greatness of segwit.

Sorry for your loss and your inability to convince anyone except those who are equally in a fantasy way of thinking.


OOOHH BOY "Greatness of Segwit". It sounds like "The Glory of God" or smth like that. U're fanatic, not a reasonable at least sentient being

https://www.youtube.com/watch?v=hO176mdSTG0    Look  at this, dumbass SEGWIT BITCOIN IS NOT BITCOIN AT ALL it's in definition

yes newbie, I have been participating in these forums for about 3.5 years, and I could have given a ratt's ass about any of this scaling discussion or the direction, until about late 2015 when nutjobs like yourself started coming out with a variety of technical arguments to suggest that bitcoin was broken and needs on chain scaling solutions, blah blah blah.. starting with XT then classic, then bu then hoping for the 2x part of the NYA.. and then now desparation with a stupid-ass hardfork with bitcoin cash.

NO, I am not part of any religion.. it is called facts and reason.. rather than your pie in the sky assumptions about bitcoin being broken.. and your desire to get 2x and hardfork, but really you guys do not give any ratt's ass about the technicalities , because you are emotional nutjobs who are just seeking to change governance by working outside the core system and getting emotional and personal about core.. rather than recognizing core as a open democratic and merit based system.. but your nutjobs cannot work within reason.... so they act like bullies by employing ongoing threats in order to attempt to get their way....


so, yep, seg wit will bringing lot's of good things to bitcoin and allow for a lot of possibilities to employ various tools that might not be directly on the blockchain but they are tied to the blockchain in various ways.. .. a great and powerful thing for bitcoin to make bitcoin powerful, decentralized and more difficult for TPTB to disrupt in any kind of way... Hopefully you are going to be able to join in rather than just be fighting about nonsense and engaging in ongoing whiney attempts to undermine bitcoin in ways that are not based on reality.   

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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July 31, 2017, 12:06:03 PM
 #83

Stop and think for a moment.
If I own a large number of Bitcoins, and Bitcoin.com,  that means I'm financially motivated to do everything I can to improve the value of those assets.
This is unlike Adam Back, the CEO of Blockstream, who by his own admission, and despite having known about Bitcoin for about 5 years due to being contacted by Satoshi himself in 2008, he didn't own a single Bitcoin himself in April of 2013.  I doubt he has many bitcoins now either.

You have repeated this longevity argument frequently, and it is sad to hear because it is a kind of sign of insecurity to attempt to argue longevity status.  Bitcoin is not proof of stake.  Thank god.


Compare that with someone like myself who spent nearly every penny I had buying Bitcoin as soon as I learned about them in 2011.

That is good for you, but does not make you god because you had invested with such passion and leverage - a kind of gamble that paid off handsomely, but you should not be a bully about it.. even if you happen to be one of the largest bitcoin holders...  whether you own 100k or 300k..


Adam Back can run circles around me when it comes to the underlying mathematics of Bitcoin, 

at least you are humble enough to admit that.  You should also have respect for your elders, if you are trying to play status games.


but he has demonstrated by his own actions that he has absolutely no clue why Bitcoin came to be used as money, and to this day he still doesn't understand why Bitcoin is money.

You admit that you are arguing with a person that is older and smarter than you, but still you want to try to denigrate him on some supposed money theory, and you are coming off as trying to be smart about something that you could not really understand, except for asserting that you understand some simplified version of your idea of money.



Sadly, his firm has done an incredible amount of harm to Bitcoin's adoption rate and has caused Bitcoin's market share to plummet from around 90% to less than 50% today.

misplaced and weak arguments of causation.. correlation does not equal causation, we all know that, right?  You are really engaging in a personalized and emotional battle and really not connecting certain bigger picture matters, including basic concepts of decentralization.



Bitcoin is the only coin in the world to ever have had full blocks.

Makes little sense.. because the facts seem to clearly establish spam attacks and then you trying to act as if the spam attacks are reflective of some kind of organic useage of bitcoin.  Your assertions do not line up with the actual facts.

If we want to experiment with the effects of full blocks on a system,  it is incredibly reckless to do it on Bitcoin, yet that is exactly what Adam and his ilk have done.  If we want to experiment with full blocks, do it on an alt coin!

You well know that there are lots of experiments running out there and bitcoin is the real deal.  Further you likely realize that seg wit is going to resolve a lot of these matters, so that seems to be scaring your to death regarding your spinning of facts and what is going to happen once segwit is locked in and then activated.

Very well put and very articulate. Am impressed with your presentation of your opinions. Thank you.

Well, I am not happy about the fork but things will become very clear in a matter of hours....

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..CASINO....SPORTS....RACING..
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July 31, 2017, 12:11:18 PM
 #84


Second, did you even notice that all of a sudden, as soon as segwit2x was signaling intention, the mempool back log went to nearly zero and accordingly, the transaction fees and the and the delays went down to normal levels too.  Get in touch with reality and stop citing misinformation and fantasy to support your stupid ass theories about bitcoin supposedly being broken.  Roger cites this same kind of pie in the sky nonsense that is out of touch with reality; however, the fact that a whole bunch of you big blocker nutjobs are citing the same wrong facts does not make them any more true... and don't come out saying that there are various versions of truth because there are not.



   About this. IMO this might have happened coz many people stopped using bitcoin and mempool was not so stocked, fees reduced accordingly.
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July 31, 2017, 12:32:11 PM
 #85


Second, did you even notice that all of a sudden, as soon as segwit2x was signaling intention, the mempool back log went to nearly zero and accordingly, the transaction fees and the and the delays went down to normal levels too.  Get in touch with reality and stop citing misinformation and fantasy to support your stupid ass theories about bitcoin supposedly being broken.  Roger cites this same kind of pie in the sky nonsense that is out of touch with reality; however, the fact that a whole bunch of you big blocker nutjobs are citing the same wrong facts does not make them any more true... and don't come out saying that there are various versions of truth because there are not.



   About this. IMO this might have happened coz many people stopped using bitcoin and mempool was not so stocked, fees reduced accordingly.

You are living in a dreamland, and stating facts that are counter to real logic and dynamics.

There have been all kinds of usage in the past few weeks, and the mempool remains without much of any backup and with very low fees.  The spamming stopped a few weeks ago.. not a coincidence, but big blocker nutjob miners stopped aiming their mining power at attacking the network... at least temporarily.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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July 31, 2017, 12:43:18 PM
Last edit: July 31, 2017, 01:11:08 PM by JohnMacaron
 #86


Second, did you even notice that all of a sudden, as soon as segwit2x was signaling intention, the mempool back log went to nearly zero and accordingly, the transaction fees and the and the delays went down to normal levels too.  Get in touch with reality and stop citing misinformation and fantasy to support your stupid ass theories about bitcoin supposedly being broken.  Roger cites this same kind of pie in the sky nonsense that is out of touch with reality; however, the fact that a whole bunch of you big blocker nutjobs are citing the same wrong facts does not make them any more true... and don't come out saying that there are various versions of truth because there are not.



   About this. IMO this might have happened coz many people stopped using bitcoin and mempool was not so stocked, fees reduced accordingly.

You are living in a dreamland, and stating facts that are counter to real logic and dynamics.

There have been all kinds of usage in the past few weeks, and the mempool remains without much of any backup and with very low fees.  The spamming stopped a few weeks ago.. not a coincidence, but big blocker nutjob miners stopped aiming their mining power at attacking the network... at least temporarily.

So basically you're saying that all these delays were due to "testing" of the system. Can u explain me - has 1Mb block enoughcapacity  for at least 1/8 of population of Earth to use Bitcoin without interruptions? Given that no one is testing Bitcoin network? Cause if it is, then Core was coerced to implement Segwit2x? Was it blackmailing?

Peter Rizun says that definition of Segwit is contradicting the very foundation of Bitcoin, that was laid out by Satoshi himself. What's your opinion on this matter?
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July 31, 2017, 01:05:47 PM
 #87


Second, did you even notice that all of a sudden, as soon as segwit2x was signaling intention, the mempool back log went to nearly zero and accordingly, the transaction fees and the and the delays went down to normal levels too.  Get in touch with reality and stop citing misinformation and fantasy to support your stupid ass theories about bitcoin supposedly being broken.  Roger cites this same kind of pie in the sky nonsense that is out of touch with reality; however, the fact that a whole bunch of you big blocker nutjobs are citing the same wrong facts does not make them any more true... and don't come out saying that there are various versions of truth because there are not.



   About this. IMO this might have happened coz many people stopped using bitcoin and mempool was not so stocked, fees reduced accordingly.

You are living in a dreamland, and stating facts that are counter to real logic and dynamics.

There have been all kinds of usage in the past few weeks, and the mempool remains without much of any backup and with very low fees.  The spamming stopped a few weeks ago.. not a coincidence, but big blocker nutjob miners stopped aiming their mining power at attacking the network... at least temporarily.

So basically you're saying that all these delays were due to "testing" of the system.

I did not say "testing".  I said spamming.  It is a form of attempted sabotage to create an impression that the blocks are full when they are not.



Can u explain me - has 1Mb block enoughcapacity  for at least 1/8 of population of Earth to use Bitcoin without interruptions? Given that no one is testing Bitcoin network?

How the fuck do I know?  We take one step at a time, and segwit seems to be the next step and is bullish as fuck. 




Cause if it is, then Core was coerced to implement Segwit2x? Was it blackmailing?

Core has not been coerced to do shit.  Big blocker nutjobs have been engaged in various kinds of sabotage in order to employ coercive tools, hostage taking and terrorism.

segwit appears to have gone through because of various combination of compromise procedures.  The 2x portion does not have any kind of locking in method, and that is why the big blocker nutjobs remain incensed.. because segwit is coming to bitcoin and there is likely going to be less and less and less justification to employ any kind of 2x software in the near future, at least in the next couple of years, and maybe longer.

But the big blocker nutjobs will continue to whine, even though they are going to have their own useless and likely buggy-ass fork.





Peter Rizun says that definition of Segwit is contradicting the very foundation of Bitcoin, that was laid out by Satoshi himself. What's your opinion on this matter?

Peter Rizun is another one of those bigblocker nutjobs who have been living in a fantasy land in the past couple of years, engaging in a large variety of arguments to get more say in bitcoin and to get the blocks increased.. but in the end, he doesn't have enough convincing power to get core to go along with some of his ideas, because his ideas are deficient in a variety of ways.. and when you get down to attempting to rely on authority, such as what Satoshi, supposedly wanted, then you are employing status rather than actual meritorious arguments and real technical importance.  Those are a bunch of continued attempts at technical diversion from guys who are unwilling and unable to work within the existing core system to get their arguments adopted, so they resort to bullying and terrorism tactics.


1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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July 31, 2017, 01:15:24 PM
Last edit: July 31, 2017, 06:23:43 PM by JohnMacaron
 #88

"We define an electronic coin as a chain of digital signatures"  https://bitcoin.org/bitcoin.pdf

And Segwit is removing this signatures from Bitcoin into separate application. I wonder if it remains it remains Bitcoin or smth. else? Satoshi did it one way and Core is doing something completely different.

So let's say straightforward: BIP148 undoing Bitcoin into smth else. Bitcoin is being destroyed with its place being taken by smth completely different. Why on earth, under suck circumstances, should we adopt this shit, instead of just increasing block size of what we all know and love as Bitcoin, which main definition is, as u know: "electronic coin as a chain of digital signatures"

What do you think about this, my dear friend?
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July 31, 2017, 02:55:41 PM
 #89

Sounds like a funny thread...  Grin
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July 31, 2017, 03:34:14 PM
 #90


Second, did you even notice that all of a sudden, as soon as segwit2x was signaling intention, the mempool back log went to nearly zero and accordingly, the transaction fees and the and the delays went down to normal levels too.  Get in touch with reality and stop citing misinformation and fantasy to support your stupid ass theories about bitcoin supposedly being broken.  Roger cites this same kind of pie in the sky nonsense that is out of touch with reality; however, the fact that a whole bunch of you big blocker nutjobs are citing the same wrong facts does not make them any more true... and don't come out saying that there are various versions of truth because there are not.



   About this. IMO this might have happened coz many people stopped using bitcoin and mempool was not so stocked, fees reduced accordingly.

You are living in a dreamland, and stating facts that are counter to real logic and dynamics.

There have been all kinds of usage in the past few weeks, and the mempool remains without much of any backup and with very low fees.  The spamming stopped a few weeks ago.. not a coincidence, but big blocker nutjob miners stopped aiming their mining power at attacking the network... at least temporarily.

So basically you're saying that all these delays were due to "testing" of the system.

I did not say "testing".  I said spamming.  It is a form of attempted sabotage to create an impression that the blocks are full when they are not.



Can u explain me - has 1Mb block enoughcapacity  for at least 1/8 of population of Earth to use Bitcoin without interruptions? Given that no one is testing Bitcoin network?

How the fuck do I know?  We take one step at a time, and segwit seems to be the next step and is bullish as fuck. 




Cause if it is, then Core was coerced to implement Segwit2x? Was it blackmailing?

Core has not been coerced to do shit.  Big blocker nutjobs have been engaged in various kinds of sabotage in order to employ coercive tools, hostage taking and terrorism.

segwit appears to have gone through because of various combination of compromise procedures.  The 2x portion does not have any kind of locking in method, and that is why the big blocker nutjobs remain incensed.. because segwit is coming to bitcoin and there is likely going to be less and less and less justification to employ any kind of 2x software in the near future, at least in the next couple of years, and maybe longer.

But the big blocker nutjobs will continue to whine, even though they are going to have their own useless and likely buggy-ass fork.





Peter Rizun says that definition of Segwit is contradicting the very foundation of Bitcoin, that was laid out by Satoshi himself. What's your opinion on this matter?

Peter Rizun is another one of those bigblocker nutjobs who have been living in a fantasy land in the past couple of years, engaging in a large variety of arguments to get more say in bitcoin and to get the blocks increased.. but in the end, he doesn't have enough convincing power to get core to go along with some of his ideas, because his ideas are deficient in a variety of ways.. and when you get down to attempting to rely on authority, such as what Satoshi, supposedly wanted, then you are employing status rather than actual meritorious arguments and real technical importance.  Those are a bunch of continued attempts at technical diversion from guys who are unwilling and unable to work within the existing core system to get their arguments adopted, so they resort to bullying and terrorism tactics.



Senpai, tell me how the chart will look like in august. Although I believe strongly in BTC, I also believe there are better alternatives out there and/or to come in the future. Bitcoin isn't the one coin to rule them all, it's just the first building stone in something far bigger.

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July 31, 2017, 06:29:26 PM
Last edit: January 25, 2023, 03:30:07 AM by Gachapin
Merited by JayJuanGee (1)
 #91

Being in BTC for years, I am reading this forum since 2014, enjoying the interesting posts, especially in the WO thread.
I never felt the wish to post anything.

However, recently, I see many members of the BTC community arguing wildly, I see name calling, and hostility been spread.
Yes, people were always throwing shit at each other. But I find this shit throwing to be at an ATH. (Like the BTC price Smiley)

I mean it's just a group of people being unhappy with the ongoing BTC development.
So they want to use this open source project in their own way, by forking off / splitting the chain and making use of their preferred parameters.
Aren't they doing with it what an open source project is made for?: To use it in any kind of way you like, and to play around with it..?
This is an (historical) experiment, and it's still in its infancy. So I'm very happy about any competition of ideas in the market.

If there is disagreement about further development, anyone is free to split/fork off the chain, at anytime.
I see this as the beauty of this system, and as a strong reason why Bitcoin is able to provide a healthy competition of the best ideas.

If BTC is so fragile that it might suffer, because of a forked off BCC, or that it might be even outperformed by it ... ok...good

What is to loose?  Any btc holder here can be part of the established, AND the new chain...  by just doing nothing... plainly hold the new free coin that is said to be worthless by so many anyways..

If BCC goes down like many seem to think, so what?
And is a possible price volatility in orig. BTC bad? Since when? If someone wants a stable investment Bitcoin is def. not the place.

May the best and most secure chain succeed.
If it wins against Visa. etc, everyone here is still be considered an early adopter.
So what's to worry anyways..



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July 31, 2017, 11:01:43 PM
 #92

"We define an electronic coin as a chain of digital signatures"  https://bitcoin.org/bitcoin.pdf

And Segwit is removing this signatures from Bitcoin into separate application. I wonder if it remains it remains Bitcoin or smth. else? Satoshi did it one way and Core is doing something completely different.

Your appeal to authority should not carry much if any weight.  Do you realize that Satoshi has not participated in anything related to bitcoin since sometime in 2010.  He pretty much vanished.  Whether he is dead or not does not matter because bitcoin is no longer about one person, but instead a product of a community and such community is going down the segwit road.  The current status of bitcoin includes segwit, so sure either you can work to attempt to improve or to evolve segwit, but the consensus is segwit and that is the new and improved bitcoin (whether you personally believe it is improved or not)

And, by the way, this segwit is not "completely different"; it is an evolution and a new phase of bitcoin.. Is it going to have plusses and minuses, possibly, but arguing about whether a done deal should not be a done deal, seems a big fucking waste of time, because it is here and part of our current status quo bitcoin.


So let's say straightforward: BIP148 undoing Bitcoin into smth else. Bitcoin is being destroyed with its place being taken by smth completely different.

BIP148 did not activate or go into effect.  BIP91 was locked in before BIP148, and maybe you are referring to BIP141?  Anyhow, BIP141 (seg wit) is in the process of locking in and then activating.. that is right.


Why on earth, under suck circumstances, should we adopt this shit, instead of just increasing block size of what we all know and love as Bitcoin, which main definition is, as u know: "electronic coin as a chain of digital signatures"

What do you think about this, my dear friend?

It's already locking in and activating, what can "we" do about it?  It already has overwhelming consensus, so why fight it?  just work with it, and if you don't like it, then find another more suitable coin and invest in that.  You can choose the extent to which you invest in bitcoin, and if you believe that bitcoin has become less valuable, then you can direct your finances towards other projects and even diversify a bit.

I personally see no reason to take my money out of bitcoin or to consider bitcoin as diminishing in value because of seg wit.  I consider segwit to be very good for bitcoin, and it has pretty much been uncontroversially good for bitcoin on a technical level since it's late 2015 introduction.  Sure, later  in 2016, the big blocker nutjobs begun to spin segwit as if it were some kind of controversy, and the fact of the matter is that it is very widely received, except for by fringe elements that are trying to distort it and to describe seg wit as some kind of monster because they are merely in the ongoing process of being disgruntled and spreading of disinformation and emotions and ongoingly wanting to be involved in the direction of bitcoin in spite of their lack of an ability or a willingness to attempt to work within the open and democratic systems that are already existing through core.

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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July 31, 2017, 11:09:48 PM
 #93

[edited out]


Senpai, tell me how the chart will look like in august. Although I believe strongly in BTC, I also believe there are better alternatives out there and/or to come in the future. Bitcoin isn't the one coin to rule them all, it's just the first building stone in something far bigger.

I don't know how the charts are going to look in August.  My practice is to buy bitcoin as the prices go down and to sell as the prices go up.  

You can diversify your monies however you want in various projects, ICOs or alts - maybe you will make money and maybe you will not.  

I think that it remains a good idea and practice to continue to invest in bitcoin and to figure out various strategies that keeps bitcoin as part of your financial and crypto.. but of course it is up to you to determine how much of a percentage you want to put in bitcoin as compared with other cryptos or other investments that you might consider.

Oh, of course with any investment you have to consider both upside and downside potential of any project, and liquidation avenues.  Of course, bitcoin might seem over priced and other cryptos might appear as if they do not have a downside, and you might erroneously get caught up in comparisons and concepts of unit cost without knowing some of the manipulations that may be going on in the background... .. So yeah, it is not always easy to determine how much risk to take or how much upside potential one project might have as compared with another project. 

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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July 31, 2017, 11:51:12 PM
 #94

Great to see so much energy and passionate debate going on here. Well the Bitcoin fork time has arrived so time will tell.

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August 01, 2017, 12:05:16 AM
 #95

Great to see so much energy and passionate debate going on here. Well the Bitcoin fork time has arrived so time will tell.

Huh?  Isn't the fork time noon, and not midnight?  So 12 more hours, no?

1) Self-Custody is a right.  There is no such thing as "non-custodial" or "un-hosted."  2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized.  3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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August 01, 2017, 04:38:51 PM
 #96

The nice thing about Bitcoin is it that means absolutely nothing to the Future Bitcoin. It does me quite a lot to his future, where as he could go from having one of the most valuable coins in the world, to having one of the least valuable coins in the world. But the fact is he's not a minor never has been.
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August 01, 2017, 04:40:39 PM
 #97

"Bitcoin Unlimited is supported by Roger Ver, a bitcoin entrepreneur that is claimed to own around 300,000 bitcoins, bitcoin.com and a large number of influential bitcoin domains. Ver can influence the popularity of BTU, via using bitcoin.com as a marketing tool, because, to the public, bitcoin.com might seem like an official bitcoin portal." (source: https://www.deepdotweb.com/2017/06/16/bitcoin-imminent-fork-aftermaths/)

So it seems this Roger Ver bloke wants the fork. He is on his way to having a $billion in bitcoin soon yet it has been said he wants the fork and it is said he is using the websites that people thing are official to push his views. (source: https://www.deepdotweb.com/2017/06/16/bitcoin-imminent-fork-aftermaths/)

Do you want the fork? Will it be better to stay single track or basically split the coins AND there is also a possibility of another split (source: https://www.deepdotweb.com/2017/06/16/bitcoin-imminent-fork-aftermaths/)

What will happen to bitcoin if the fork goes ahead? How will we benefit or lose out both short term and long term?



The worst that he could do was to dump on one of the exchanges which would create a daily possibly a week-long issue for one of the clients but guess what it's going to recover. This isn't like Fiat, the sheer existence of it in your possession is basically meaningless, if you're not a miner and you don't have a mining Farm did you have no power.

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August 01, 2017, 04:49:13 PM
 #98

Still waiting on him putting his money where his mouth is.... I knew all the shills were talking the talk, but not walking the walk. bcc = bitcoincrash
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August 01, 2017, 05:11:32 PM
 #99

Still waiting on him putting his money where his mouth is.... I knew all the shills were talking the talk, but not walking the walk. bcc = bitcoincrash

It seems we will not have to wait long to see if he will do it. The time of the fork is upon us.

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April 30, 2018, 09:15:13 AM
 #100

So did Roger Ver sell ALL his Bitcoin holding and now holds only Bitcoin Cash?

If he believed in his project then he would have done it on day one of the fork but I doubt he did it. Now he has as many Bitcoin Cash as he does Bitcoin and is even more richer than before.

Apart from making multi-millionaire whales even wealthier and disrupting the community, Bitcoin Cash did nothing and brought nothing new to the crypto world. What a waste.

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