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Question: Will you support Gavin's new block size limit hard fork of 8MB by January 1, 2016 then doubling every 2 years?
1.  yes
2.  no

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Author Topic: Gold collapsing. Bitcoin UP.  (Read 2010847 times)
cypherdoc
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November 20, 2014, 11:44:22 PM
 #17801

I do not know if it is not worth my time to talk with you.

it really isn't.  you're the one who started the mud slinging.

no one said they're smarter.  i'm just expressing my view.
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Odalv
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November 20, 2014, 11:54:55 PM
 #17802

I do not know if it is 1) not worth my time to talk with you.

it really isn't.  2) you're the one who started the mud slinging.

3) no one said they're smarter.  i'm just expressing my view.

1) I'm sorry, I'm not natural speaker.
2) really ?
3) the opposite is true ->  they're smarter

Adrian-x
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November 20, 2014, 11:56:40 PM
 #17803

Adrian-x, how much are your losses ?

"there is no there there" there are no losses Smiley there is no spoon,

Thank me in Bits 12MwnzxtprG2mHm3rKdgi7NmJKCypsMMQw
brg444
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Bitcoin replaces central, not commercial, banks


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November 21, 2014, 12:14:53 AM
 #17804

this is pretty cool
http://bitcoincore.org/~gavin/btc_dev_viz.mp4

"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
cypherdoc
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November 21, 2014, 12:58:52 AM
 #17805

Sidechains, One Coin To Rule Them All

http://blog.bluemeanie.net/2014/11/sidechains-one-coin-to-rule-them-all.html
NewLiberty
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November 21, 2014, 01:30:02 AM
 #17806

back up a step.  miners get paid to insert those CP records into satoshi tx's in the first place which incentivizes mining growth and thus more security and thus less chance for subsequent attack on those same satoshi tx's.  now move all these CP tx fees off to a SC that can't be MM'd.  this deprecates the MC.  and there will be thousands of these insecure SC's as i think only a few SC's will be MM'd due to mining capacity constraints.

Merge mining may tend to make a SC less secure rather than more unless it is super popular already.
Any MM SC with a shortish SPV confirmation time is going to be DOA if there is any value to be taken from a double spend.  There are a heck of a lot of ASICs out there.

FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
cbeast
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Let's talk governance, lipstick, and pigs.


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November 21, 2014, 01:39:48 AM
 #17807

A very good case against the viability of Side Chains and unveiling ideological ulterior motives that undermine the fundamental incentives of Bitcoin.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
BlindMayorBitcorn
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November 21, 2014, 01:42:02 AM
 #17808

A very good case against the viability of Side Chains and unveiling ideological ulterior motives that undermine the fundamental incentives of Bitcoin.

Sidechains bad?

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
marcus_of_augustus
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November 21, 2014, 01:45:12 AM
 #17809


... he's been a raving statist apologist for the worst of their crimes since he showed up in bitcoinosphere. He's wondering why bitcoin is starting to feel like paypal2.0 after advocating for his gravvy train govt. intervention paid him handsome dividends ...

cbeast
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Let's talk governance, lipstick, and pigs.


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November 21, 2014, 01:48:36 AM
 #17810

A very good case against the viability of Side Chains and unveiling ideological ulterior motives that undermine the fundamental incentives of Bitcoin.

Sidechains bad?
Only in their execution. I still think their is a reasonable compromise that enhances Bitcoin, like a remora to a shark.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
BlindMayorBitcorn
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November 21, 2014, 01:53:51 AM
 #17811

A very good case against the viability of Side Chains and unveiling ideological ulterior motives that undermine the fundamental incentives of Bitcoin.

Sidechains bad?
Only in their execution. I still think their is a reasonable compromise that enhances Bitcoin, like a remora to a shark.

Many people are skeptical. They remind us of altcoins I guess. But if it is a decentralized way to achieve micropayments, for example, seems legit enough

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
NewLiberty
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November 21, 2014, 01:54:38 AM
 #17812

spin-offs is inflationary (you have N x amount)  but SC is not inflationary b/c you CAN use BTC only in 1 chain at the same time.
Hmmm....
Unless a side chain reorganizes after the contest period.  If there are enough different SC that are MM, this is very possible.
Does a chain re-org cause SPV linked chains to re-org too?
I'd assume not in most any case, though it should invalidate the SPV for the re-org'd TXs, yes?

I could see a possible workaround on this if somehow the contest period were relative to the difficulty of each chain, but not sure how that would work in practice as that would be a flexible metric within the relevant period.  There could still be a way to game it.


FREE MONEY1 Bitcoin for Silver and Gold NewLibertyDollar.com and now BITCOIN SPECIE (silver 1 ozt) shows value by QR
Bulk premiums as low as .0012 BTC "BETTER, MORE COLLECTIBLE, AND CHEAPER THAN SILVER EAGLES" 1Free of Government
cbeast
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Let's talk governance, lipstick, and pigs.


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November 21, 2014, 02:11:18 AM
 #17813

A very good case against the viability of Side Chains and unveiling ideological ulterior motives that undermine the fundamental incentives of Bitcoin.

Sidechains bad?
Only in their execution. I still think their is a reasonable compromise that enhances Bitcoin, like a remora to a shark.

Many people are skeptical. They remind us of altcoins I guess. But if it is a decentralized way to achieve micropayments, for example, seems legit enough
Of course, but the method Blockstream is proposing is too destructive. It's like ebola.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
cypherdoc
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November 21, 2014, 02:19:05 AM
 #17814

A very good case against the viability of Side Chains and unveiling ideological ulterior motives that undermine the fundamental incentives of Bitcoin.

Sidechains bad?
Only in their execution. I still think their is a reasonable compromise that enhances Bitcoin, like a remora to a shark.

Many people are skeptical. They remind us of altcoins I guess. But if it is a decentralized way to achieve micropayments, for example, seems legit enough

read more carefully.

his pt is that a SC for micropmts would increase data demands on full nodes thus increasing centralization and thus exposure to gvt intervention and surveillance.  pretty devastating article against SC's:

Secondly we have the problem of block chain scaling.  If everything is going to be on ONE block chain, how will we store all this information in every p2p node?  So this contributes to the problem of an ongoing theme in the Bitcion world, that of Centralization.  This theme has many sub-motifs such as mass surveillance, monetary dominance, market rigging, and other factors to which average users are averse.  It seems this theme is rather virulent and some forces have a lot invested in maintaining programs to progress this goal and hide their agenda from the public.  The problem of moving value between different chain types was already solved by Cryptocoin exchanges, however Sidechains privileges a new group- the group that traces and tracks coin usage ie. surveillance interests.  In an cryptocoin exchange scenario, ownership qualities are destroyed the moment coins enter into an exchange.
BlindMayorBitcorn
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November 21, 2014, 02:24:08 AM
 #17815

A very good case against the viability of Side Chains and unveiling ideological ulterior motives that undermine the fundamental incentives of Bitcoin.

Sidechains bad?
Only in their execution. I still think their is a reasonable compromise that enhances Bitcoin, like a remora to a shark.

Many people are skeptical. They remind us of altcoins I guess. But if it is a decentralized way to achieve micropayments, for example, seems legit enough
Of course, but the method Blockstream is proposing is too destructive. It's like ebola.

I haven't read the whitepaper yet Embarrassed 

Forgive my petulance and oft-times, I fear, ill-founded criticisms, and forgive me that I have, by this time, made your eyes and head ache with my long letter. But I cannot forgo hastily the pleasure and pride of thus conversing with you.
cbeast
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Let's talk governance, lipstick, and pigs.


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November 21, 2014, 02:24:59 AM
 #17816

Another possible compromise: make Side Chains an extension of Colored Coins. Instead of moving large blocks of bitcoins into the Side Chain, use the counterparty leverage of Colored Coins as the Side Chain peg. They won't be pegged to bitcoins, but they will add a layer to colored coins.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
cbeast
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November 21, 2014, 02:40:45 AM
 #17817


Come on. You aren't really referencing greaseball bluemeanies blog as a meaningful source of information are you? I would expect better around here.
Blogs are about the only way to avoid trolls nowadays.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
cbeast
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Let's talk governance, lipstick, and pigs.


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November 21, 2014, 03:42:38 AM
 #17818


Come on. You aren't really referencing greaseball bluemeanies blog as a meaningful source of information are you? I would expect better around here.
Blogs are about the only way to avoid trolls nowadays.

And when the blogger is the troll?
He doesn't eat up a bunch of thread space before he is ignored.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
cypherdoc
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November 21, 2014, 12:58:09 PM
 #17819

http://www.reddit.com/r/Bitcoin/comments/2my5xz/gavin_andresen_bitcoin_core_development_less/cm8w90y
cbeast
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Let's talk governance, lipstick, and pigs.


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November 21, 2014, 01:52:36 PM
 #17820

Instead of Blockstream, imagine if it was Google. Would you feel the same? Remember, the miners aren't going to let anyone just run roughshod over the protocol and scare away their customers. Perhaps if this puny little 21M enterprise shows any initiative to actually innovate anything rather than pump and dump like every other shitcoin, maybe Google, Facebook, Microsoft, Apple, Oracle, etc. will jump in and do something really useful. IOW, although I agree with you in principle, I think you are overreacting over this group. In fact, it's about time there was a whole lot more new blood researching, testing, and hacking Bitcoin's future.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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