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Author Topic: Can logic sway the BTC community? (Segwit is dead)  (Read 231 times)
thesavoyard (OP)
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February 07, 2018, 06:07:06 PM
 #1

With BIP 148, all mining pools signaled for Segwit. As soon as the danger passed, they abandoned it. Segwit is officially dead, 0% support.

Lightening network is an unsecure, non-blockchain joke. The core team are a bunch of slimy libertarians that sabotage BTC, kind of like many of the idiots in this industry.

Stop being played, Satoshi left BTC, you owe him your gratitude, not Bitcoin. Move on to a superior tech before you sink us all.

https://blockchain.info/charts/bip-9-segwit

gotminer
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February 07, 2018, 06:16:03 PM
 #2

Coinbase is implementing Segwit support.

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
thesavoyard (OP)
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February 07, 2018, 06:17:28 PM
 #3

Coinbase is implementing Segwit support.

Yet the mining pools, the only ones who can upgrade the network don't support it.

 So you send a Segwit transaction, it's either processed as a non-segwit transaction or doesn't get picked up at all due to being incompatible.

gotminer
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February 07, 2018, 06:20:46 PM
 #4

Coinbase is implementing Segwit support.

Yet the mining pools, the only ones who can upgrade the network don't support it.

 So you send a Segwit transaction, it's either processed as a non-segwit transaction or doesn't get picked up at all due to being incompatible.

How do you know that none of the mining pools will support it?

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
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February 07, 2018, 06:22:36 PM
 #5

Coinbase is implementing Segwit support.

Yet the mining pools, the only ones who can upgrade the network don't support it.

 So you send a Segwit transaction, it's either processed as a non-segwit transaction or doesn't get picked up at all due to being incompatible.

I don't know what you're smoking but it's some pretty damn stuff.

You know what was the purpose of that signaling ?
Do you have a single example of  how a segwit transactions doesn't get picked up because it's "incompatible" ?

Crawl back to the altcoin section ....


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thesavoyard (OP)
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February 07, 2018, 06:23:15 PM
 #6

Coinbase is implementing Segwit support.

Yet the mining pools, the only ones who can upgrade the network don't support it.

 So you send a Segwit transaction, it's either processed as a non-segwit transaction or doesn't get picked up at all due to being incompatible.

How do you know that none of the mining pools will support it?

They supported it when they were in danger of from BIT 148, then they backstabbed the community. I know they won't support it because they were running Segwit, then they 100% abandoned it. The link was in the first post but here you go:


https://blockchain.info/charts/bip-9-segwit

thesavoyard (OP)
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February 07, 2018, 06:25:50 PM
 #7

Coinbase is implementing Segwit support.

Yet the mining pools, the only ones who can upgrade the network don't support it.

 So you send a Segwit transaction, it's either processed as a non-segwit transaction or doesn't get picked up at all due to being incompatible.

I don't know what you're smoking but it's some pretty damn stuff.

You know what was the purpose of that signaling ?
Do you have a single example of  how a segwit transactions doesn't get picked up because it's "incompatible" ?

Crawl back to the altcoin section ....



Another ignorant maximalist.


https://blockchain.info/charts/avg-block-size


Maybe you should read up a little, if the miners don't run segwit there is no segwit. BTC has a miner based governance. Adding Segwit to nodes just shows support, nothing else.

gotminer
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February 07, 2018, 06:26:52 PM
 #8

Coinbase is implementing Segwit support.

Yet the mining pools, the only ones who can upgrade the network don't support it.

 So you send a Segwit transaction, it's either processed as a non-segwit transaction or doesn't get picked up at all due to being incompatible.

I don't know what you're smoking but it's some pretty damn stuff.

You know what was the purpose of that signaling ?
Do you have a single example of  how a segwit transactions doesn't get picked up because it's "incompatible" ?

Crawl back to the altcoin section ....




Another ignorant maximalist.


https://blockchain.info/charts/avg-block-size

Looks like you are trying to sell something.

Ok, I want you to walk back in there and very calmly, very politely tell the risk assessors to fuck off! -Mark Baum
DooMAD
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February 07, 2018, 06:27:51 PM
 #9

With BIP 148, all mining pools signaled for Segwit. As soon as the danger passed, they abandoned it. Segwit is officially dead, 0% support.

I can't tell if you've been out of the loop for a while or if you just haven't been paying attention.  The reason miners don't need to signal their support for SegWit is that it's a done deal.  We're past that now and SegWit is active on the network.  Average blockweight is now frequently above 1MB, so whatever the miners do or don't signal is irrelevant.


Lightening network is an unsecure, non-blockchain joke.

You can't make any Lightning transactions unless you have funds secured on the blockchain to begin with.  

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thesavoyard (OP)
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February 07, 2018, 06:28:06 PM
 #10

Coinbase is implementing Segwit support.

Yet the mining pools, the only ones who can upgrade the network don't support it.

 So you send a Segwit transaction, it's either processed as a non-segwit transaction or doesn't get picked up at all due to being incompatible.

I don't know what you're smoking but it's some pretty damn stuff.

You know what was the purpose of that signaling ?
Do you have a single example of  how a segwit transactions doesn't get picked up because it's "incompatible" ?

Crawl back to the altcoin section ....




Another ignorant maximalist.


https://blockchain.info/charts/avg-block-size

Looks like you are trying to sell something.

I guess I'm just trolling then trying to make a rational argument to the BTC fanbase.


@DooMad  Then why is block size less than 5% increased? Within tolerance, a MB is 1024 KB so  most of that above 1000kb is just BS. Only a few tiny fanbased mining pools are running Segwit.

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February 07, 2018, 06:29:12 PM
 #11

Coinbase is implementing Segwit support.

Yet the mining pools, the only ones who can upgrade the network don't support it.

 So you send a Segwit transaction, it's either processed as a non-segwit transaction or doesn't get picked up at all due to being incompatible.

I don't know what you're smoking but it's some pretty damn stuff.

You know what was the purpose of that signaling ?
Do you have a single example of  how a segwit transactions doesn't get picked up because it's "incompatible" ?

Crawl back to the altcoin section ....



Another ignorant maximalist.
https://blockchain.info/charts/avg-block-size

So, if miners reject it, how is that graph even possible?
And you have't answered the question about the signaling...why do they have to keep signaling when it's a done deal?

I guess I'm just trolling

Yeah, and you're doing a lame job at it.

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thesavoyard (OP)
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February 07, 2018, 06:32:42 PM
 #12

Coinbase is implementing Segwit support.

Yet the mining pools, the only ones who can upgrade the network don't support it.

 So you send a Segwit transaction, it's either processed as a non-segwit transaction or doesn't get picked up at all due to being incompatible.

I don't know what you're smoking but it's some pretty damn stuff.

You know what was the purpose of that signaling ?
Do you have a single example of  how a segwit transactions doesn't get picked up because it's "incompatible" ?

Crawl back to the altcoin section ....



Another ignorant maximalist.
https://blockchain.info/charts/avg-block-size

So, if miners reject it, how is that graph even possible?
And you have't answered the question about the signaling...why do they have to keep signaling when it's a done deal?

I guess I'm just trolling

Yeah, and you're doing a lame job at it.

LOL it's not a done deal, they aren't running Segwit.

thesavoyard (OP)
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February 07, 2018, 06:39:31 PM
 #13

Ok, I see some flaws in my argument, but no one here caught them because this community doesn't know how BTC and cryptos work.

The final piece of evidence needed, Segwit is not online, average transaction per second is back to where it started.

https://blockchain.info/charts/transactions-per-second?timespan=1year

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February 07, 2018, 07:05:46 PM
 #14

Stop being played, Satoshi left BTC, you owe him your gratitude, not Bitcoin. Move on to a superior tech before you sink us all.
https://blockchain.info/charts/bip-9-segwit
You don't know what happened to Satoshi, no one knows the truth behind this story, so please don't use it as any kind of argument for your speculation.
It is not that bitcoin is doomed to fail because it is impossible to change the code or core protocol, on the contrary upgrades are necessary.
From my experience, I know that if bitcoin would really be in danger everyone: miners, devs and community would fight together to keep it alive.
We have not reached that point of no return yet, there is no need to complain.


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thesavoyard (OP)
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February 08, 2018, 08:47:39 AM
 #15

Stop being played, Satoshi left BTC, you owe him your gratitude, not Bitcoin. Move on to a superior tech before you sink us all.
https://blockchain.info/charts/bip-9-segwit
You don't know what happened to Satoshi, no one knows the truth behind this story, so please don't use it as any kind of argument for your speculation.
It is not that bitcoin is doomed to fail because it is impossible to change the code or core protocol, on the contrary upgrades are necessary.
From my experience, I know that if bitcoin would really be in danger everyone: miners, devs and community would fight together to keep it alive.
We have not reached that point of no return yet, there is no need to complain.

I do know what happened to Satoshi. He left when Wikileaks started excepting BTC. Then he emailed his old crypto-Anarchist friends. I don't know what he's doing now, but he wasn't a fanboy, he was a rationalist. So there is little chance he has blind loyalty to a brand. He most likely changed Pseudos and started working on fixing the problems with BTC by joining other projects.

BTC is the danger to the entire community, becoming less useful, risking tons of money. The miners will exploit that as long as they can get away with it. Blockchain is Satoshi's baby, BTC is no longer, he left remember? So you can support any public ledger crypto and you're still supporting Satoshi's dream. Stop trying to claim BTC is the one and only.

penig
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February 08, 2018, 08:56:07 AM
 #16

Coinbase is implementing Segwit support.

Yet the mining pools, the only ones who can upgrade the network don't support it.

 So you send a Segwit transaction, it's either processed as a non-segwit transaction or doesn't get picked up at all due to being incompatible.

I don't know what you're smoking but it's some pretty damn stuff.

You know what was the purpose of that signaling ?
Do you have a single example of  how a segwit transactions doesn't get picked up because it's "incompatible" ?

Crawl back to the altcoin section ....




Another ignorant maximalist.


https://blockchain.info/charts/avg-block-size

Looks like you are trying to sell something.

Segwit support it looks like.  Why shoot the messenger, is there support for Segwit, is it in commong use?  No.  Bitcoin has forked over this issue, we saw $30 transaction fees last month, what will it take to make people move forward and adopt some improvement to Bitcoin?
thesavoyard (OP)
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February 08, 2018, 08:59:42 AM
 #17

Coinbase is implementing Segwit support.

Yet the mining pools, the only ones who can upgrade the network don't support it.

 So you send a Segwit transaction, it's either processed as a non-segwit transaction or doesn't get picked up at all due to being incompatible.

I don't know what you're smoking but it's some pretty damn stuff.

You know what was the purpose of that signaling ?
Do you have a single example of  how a segwit transactions doesn't get picked up because it's "incompatible" ?

Crawl back to the altcoin section ....




Another ignorant maximalist.


https://blockchain.info/charts/avg-block-size

Looks like you are trying to sell something.

Segwit support it looks like.  Why shoot the messenger, is there support for Segwit, is it in commong use?  No.  Bitcoin has forked over this issue, we saw $30 transaction fees last month, what will it take to make people move forward and adopt some improvement to Bitcoin?

If they could change the governance model I'd be onboard 100%. It's easier to go with the flow than against it. But miners aren't the same as they were in 2010, they are big business with little long-term interest in BTC. They look at the daily profits in fiat and will sabotage any effort that reduces that.

brobbel
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February 08, 2018, 09:02:02 AM
 #18

Wow. What a nonsense in this thread.

http://segwit.party/charts/#

Several exchanges, like Coinbase, are implementing this, so this percentage will grow.

Segwit is accepted by all (!) miningpools. They don't need to signal for something already implemented.
thesavoyard (OP)
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February 08, 2018, 09:14:55 AM
 #19

Wow. What a nonsense in this thread.

http://segwit.party/charts/#

Several exchanges, like Coinbase, are implementing this, so this percentage will grow.

Segwit is accepted by all (!) miningpools. They don't need to signal for something already implemented.

Wow what a nonsense post. A blank chart, claiming nodes are updating to segwit (which is meaningless). No major mining pools are running segwit and the drop in transactions per block proves it.

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February 08, 2018, 10:02:07 AM
 #20


i can't tell if you are trolling or today is attack-bitcoin-day Cheesy
but let me put it in simple words for you so you may understand:

when you have an election like electing a president, do you keep voting for him all through 4 years of service or does "the voting" happen only in a fixed period of time (1 day) and repeated in case it couldn't get the majority's vote?
that is the same with that chart. the miners voted, it was not majority we moved to next period, they voted finally it got the majority and the president (SegWit) was elected. that link is just a dumb website that is still counting the votes even after the election was over ~6 months ago ...

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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