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Author Topic: Very severe blow to bitcoin  (Read 8822 times)
QuestionAuthority
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July 11, 2014, 03:05:20 AM
 #81

All the core developers who were with Bitcoin at the beginning are starting to leave, this could actually affect the price, especially if the Bitcoin foundation still has the ability to fuck with the network unless the community can create their own fork we all agree on.

What are you talking about? The Foundation is entirely separate from the Bitcoin Core development group. They don't have any power over the network.

Except 3 of them are paid by the foundation. When you pay someone a salary they become your employee. I have a tendency to do what my boss tells me to do.

QuestionAuthority, do you realize you were quoted by Coindesk?

No? Do you have a link?

http://www.coindesk.com/new-study-low-bitcoin-transaction-fees-unsustainable/


Cool, thanks.

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July 11, 2014, 09:32:47 AM
 #82

Someone is trying to bring down Bitcoin!

I have a feeling its the creator behind RealCoin ....a  TBF board member also... Shocked

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July 11, 2014, 11:51:11 AM
 #83

 Roll Eyes Huh

in current state Bitcoin can do without BF.

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July 11, 2014, 12:19:50 PM
 #84


Andreas Antonop's tweet is the worst news yet that I've heard for bitcoin. 

Looks like Andreas is done with the Bitcoin Foundation. Good. Screw the Bitcoin Foundation.

"I can no longer have even the smallest association with the Bitcoin Foundation, because of the complete lack of transparency" https://twitter.com/aantonop/status/486926129409052672

The Bitcoin foundation has gained Pierce and lost Antonopolos.  This isn't going in the right direction at all.


Does it really matter? The Bitcoin Foundation are what exactly? An unelected body that nobody voted for. Andreas can go on to serve the bitcoin community in better ways now. He doesn't need them and we don't need the Foundation.
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July 11, 2014, 12:24:28 PM
 #85

Name one thing the foundation has done to benefit Bitcoin. Seriously, maybe I missed something but I dont know what good the foundation has ever brought...

Don't they pay Gavin's salary?
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July 11, 2014, 12:29:25 PM
 #86

I do not think a person like him can singlehandedly move the Bitcoin market.
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July 11, 2014, 12:56:38 PM
 #87

Name one thing the foundation has done to benefit Bitcoin. Seriously, maybe I missed something but I dont know what good the foundation has ever brought...
My thoughts exactly.

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July 11, 2014, 01:03:00 PM
 #88

I do not think a person like him can singlehandedly move the Bitcoin market.
Are you aware of Brock Pierce's experience with IGE?
EDIT: specified "his"

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July 11, 2014, 01:09:17 PM
 #89

On the one hand it might be bad news when one after another core developers turns their back at Bitcoin but:

Do the masses care/even know about this? I doubt that very much.
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July 11, 2014, 03:07:01 PM
 #90

Bitcoin high priest Andreas Antonopolous who vouched for Mark Karpeles and worked for Neo & Bee finally admits the Bitcoin Foundation is a sham.

Its cool though because Andreas loves talking about Bitcoin so we give him a pass everytime he wants to wipe the poop off his boots that hes been walking around.  Roll Eyes
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July 11, 2014, 03:17:40 PM
 #91

Bitcoin high priest Andreas Antonopolous who vouched for Mark Karpeles and worked for Neo & Bee finally admits the Bitcoin Foundation is a sham.

Its cool though because Andreas loves talking about Bitcoin so we give him a pass everytime he wants to wipe the poop off his boots that hes been walking around.  Roll Eyes

Hmmm  good point.  Still, you've got to love Andreas somehow.  He definitely comes off as one of the good guys.

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July 12, 2014, 01:02:32 AM
 #92

Bitcoin high priest Andreas Antonopolous who vouched for Mark Karpeles and worked for Neo & Bee finally admits the Bitcoin Foundation is a sham.

Its cool though because Andreas loves talking about Bitcoin so we give him a pass everytime he wants to wipe the poop off his boots that hes been walking around.  Roll Eyes

Hmmm  good point.  Still, you've got to love Andreas somehow.  He definitely comes off as one of the good guys.

People I know who started bringing up the Karpeles and Neo & Bee things first are all Foundation members who post on their forums. I'm pretty sure it's a PR counter-attack they chose to lessen the blow, true or not

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July 12, 2014, 04:03:40 AM
 #93

So what? Cheesy
How is that going to affect the BTC price in negative way?! I dont get it, please someone explain!
The President of The Bitcoin Foundation  (the "The" being part of its name), billionaire virtual currency entrepreneur Brock Pierce, tells the Wall Street Journal that people should use RealCoin, a second-generation cryptocurrency, for e-commerce, instead of Bitcoin; since the latter is incurably volatile while RealCoin is pegged to the dollar. (However he expects some fringe bitcoiners to be displeased for silly ideological reasons.) 



At least the mastercoin foundation finally kicked Brock to the curb today.
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July 12, 2014, 04:14:43 AM
 #94

At least the mastercoin foundation finally kicked Brock to the curb today.
Wow! Any link?

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July 12, 2014, 04:19:20 AM
 #95

At least the mastercoin foundation finally kicked Brock to the curb today.
Wow! Any link?


No one is talking about it. He was removed yesterday or today. Brock is no longer listed @ http://mastercoinfoundation.org/#board as a board member. They forgot to change the 7 to a 6 though. "Original 7 Volunteer Board Members" Smiley
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July 12, 2014, 04:36:12 AM
 #96

When Gavin proposed the foundation a year or so before it was created the response here on this forum was overwhelmingly positive.  Only Theymos and a few others (myself included) voiced some concerns strongly enough to give the idea the thumbs down. 

Funny. I remember a spirited discussion with impassioned rhetoric both for and against...

Anyone who cares to can read it and make up their own mind:

  https://bitcointalk.org/index.php?topic=49841.0

That was merely the trial balloon. A lot of water passed under the bridge between that initial public brainstorm, and the actual announcement of TBF. See for example https://bitcointalk.org/index.php?topic=113400.msg1224721#msg1224721

Ya, sure, AFTER the Bitcoin Foundation was created (and nearly immediately proved a disaster), AND after a few intrepid people pushed out into the realm of negativity THEN lots of people piled on.  Big deal.  That's usually how it works.  Same thing happened with Mike Hearn and his various bullshit.


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July 12, 2014, 05:25:22 AM
 #97

Ya, sure, AFTER the Bitcoin Foundation was created (and nearly immediately proved a disaster), AND after a few intrepid people pushed out into the realm of negativity THEN lots of people piled on.  Big deal.  That's usually how it works.  Same thing happened with Mike Hearn and his various bullshit.

Ok. Got it. You were the first. Cool.

Moving on to things of greater import, what more info exists of BP being cast off the 'Mastercoin Board' (whatever the hell that is)?

Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.

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July 12, 2014, 06:53:54 AM
Last edit: July 12, 2014, 07:08:54 AM by Corelianer
 #98

I think there is a need for the Bitcoin Foundation. That's why I recently joined as a member.
I think it's the right place to pay the coredeveloper(s) by a member-fee.

So the main purpose is get some (more than 1 hopefully soon) fulltime developers working with the code and as project managers.

Besides that there is also a need for marketing, that's not existent at the moment. imho
This could be financed through member-fees too, if there are enough.
Or the foundation could sell high quality promotion items. The ones I found where kinda cheap.

I think we don't want a big "waterhead", but just having nothing would mean to run like a headless chicken.

As a benefit for members they should be able to vote. There should be regular online-votings about unimportant things at first to find out what people expect from the foundation to do.

To have such a process could be vital to a coordinated and directed support reather than just a chaotic ammount of comments in maillists, opinions in boards and github-comments.

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July 12, 2014, 07:14:57 AM
 #99

The market disagrees with the thread title, and from what I gather most of the BTC community doesn't give a hoot about the foundation.

But you guys should listen to this speech given by Andreas not too long ago, if you haven't heard it already, about why regulation doesn't work in the financial industry.

Its brilliant and should be required listening for modern day earth citizens.

https://www.youtube.com/watch?v=tgEDOBgYg-g


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July 12, 2014, 11:01:06 AM
 #100

I think there is a need for the Bitcoin Foundation. That's why I recently joined as a member. [ ... ]
As a benefit for members they should be able to vote. There should be regular online-votings about unimportant things at first to find out what people expect from the foundation to do.
I read their bylaws a while ago.  IIRC they gave the board of directors total power, including changing the bylaws without even telling the ordinary members.  Perhaps I misread, you'd better check. (But one is not a true bitcoiner if one does not give one's bitcoins to a bitcoin outfit before reading the contract, ain't that so?  Undecided)


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