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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 2014114 times)
cypherdoc
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July 22, 2015, 07:42:26 PM
 #29161

funny as hell.  who dat?:

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July 22, 2015, 08:01:50 PM
 #29162

hdbuck: So they need to have exactly what we have, including the socialism? (Pointing at Greece). And who should give them all that, you? No, let them trade freely, say I.


eh, utlimately i'd argue that Africans need to kick the "white man" out of their continent.
its been too long already they have been spoiled, killed and manipulated by the West/North.

Oh please spare us your anti-industrialist, neo-primitivist, affluent liberal guilt.

The Chinese, having no local version of White Man's Burden or liberal guilt, will make the Africans long for the days of semi-benevolent Christian colonial powers from Europe.

"What have the Romans ever done for us?"   Roll Eyes

The shittiest, most hopeless parts of Africa are exactly the places which have kicked out the white man.  EG Liberia, Zimbabwe, etc.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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cypherdoc
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July 22, 2015, 08:05:17 PM
 #29163

this really isn't good and is reason for us to want to increase the growth of new users by whatever means necessary:

Despite a decline of approximately 40% in bitcoin purchases, Connie Chung, senior payments product manager at Expedia, says the option to pay with the digital currency will remain as long as there is a demand for it.

Chung noted other merchants had been more affected by what she called a recent decline in bitcoin payments –  with some reporting a decrease of up to 90% at various industry events.

According to the report, the fundamental challenge facing bitcoin as a medium of exchange of legal goods continues to be low consumer adoption and a lack of advantages over credit and debit cards.


http://www.coindesk.com/expedia-exec-purchases-with-bitcoin-are-down-40/?utm_content=buffer59a4e&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
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July 22, 2015, 08:07:03 PM
 #29164

hdbuck: So they need to have exactly what we have, including the socialism? (Pointing at Greece). And who should give them all that, you? No, let them trade freely, say I.


eh, utlimately i'd argue that Africans need to kick the "white man" out of their continent.
its been too long already they have been spoiled, killed and manipulated by the West/North.

Oh please spare us your anti-industrialist, neo-primitivist, affluent liberal guilt.

The Chinese, having no local version of White Man's Burden or liberal guilt, will make the Africans long for the days of semi-benevolent Christian colonial powers from Europe.

"What did the Romans ever done for us?"   Roll Eyes

The shittiest, most hopeless parts of Africa are exactly the places which have kicked out the white man.  EG Liberia, Zimbabwe, etc.

good
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July 22, 2015, 08:13:37 PM
 #29165

foreigners controls both the trade and the regulation.
remember they regulated the slave trade.. Roll Eyes

Nonsense, the slave trade was thriving between tribes (sub-Saharan African and northern/eastern Arabic) millennia before any Euros arrived.

As a matter of fact, it was the Christian Euros who eventually stopped thousands of years of slaving traditions.

I guess you think it was evil pasty-white French people that harnessed the manpower to build the pyramids...  Cheesy


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
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July 22, 2015, 08:19:54 PM
 #29166

foreigners controls both the trade and the regulation.
remember they regulated the slave trade.. Roll Eyes

Nonsense, the slave trade was thriving between tribes (sub-Saharan African and northern/eastern Arabic) millennia before any Euros arrived.

As a matter of fact, it was the Christian Euros who eventually stopped thousands of years of slaving traditions.

I guess you think it was evil pasty-white French people that harnessed the manpower to build the pyramids...  Cheesy


wtf?! being french i would not think so, but yea, whatever you think with your eloquent sociological bs.. like i'd give a dam. Tongue

edit: and oh i almost forgot.. africa needs messi (who needs 4 millions..)

http://prosoccertalk.nbcsports.com/2015/07/22/report-lionel-messi-paid-4-million-by-gabons-president-to-lay-one-brick/

XD
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July 22, 2015, 08:27:07 PM
 #29167

this really isn't good and is reason for us to want to increase the growth of new users by whatever means necessary:

Despite a decline of approximately 40% in bitcoin purchases, Connie Chung, senior payments product manager at Expedia, says the option to pay with the digital currency will remain as long as there is a demand for it.

Chung noted other merchants had been more affected by what she called a recent decline in bitcoin payments –  with some reporting a decrease of up to 90% at various industry events.

According to the report, the fundamental challenge facing bitcoin as a medium of exchange of legal goods continues to be low consumer adoption and a lack of advantages over credit and debit cards.


http://www.coindesk.com/expedia-exec-purchases-with-bitcoin-are-down-40/?utm_content=buffer59a4e&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

im just not too concerned about this one. pretty much everyone who has bought bitcoin over the past 2 yrs is even or under water. no point spending them at a loss. Also, the early adopters who could be spending their coins on hotels/etc. realize that "store of value" and "im not selling this low" are still valid reasons not to be spending them yet as well. im also spending my fiat more than bitcoins at the moment. if my net worth jumps another 5-10x, i'm sure i'll start spending them again.  its still a buy and hold imo

 
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July 22, 2015, 08:33:41 PM
 #29168

this really isn't good and is reason for us to want to increase the growth of new users by whatever means necessary:

Despite a decline of approximately 40% in bitcoin purchases, Connie Chung, senior payments product manager at Expedia, says the option to pay with the digital currency will remain as long as there is a demand for it.

Chung noted other merchants had been more affected by what she called a recent decline in bitcoin payments –  with some reporting a decrease of up to 90% at various industry events.

According to the report, the fundamental challenge facing bitcoin as a medium of exchange of legal goods continues to be low consumer adoption and a lack of advantages over credit and debit cards.


http://www.coindesk.com/expedia-exec-purchases-with-bitcoin-are-down-40/?utm_content=buffer59a4e&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

im just not too concerned about this one. pretty much everyone who has bought bitcoin over the past 2 yrs is even or under water. no point spending them at a loss. Also, the early adopters who could be spending their coins on hotels/etc. realize that "store of value" and "im not selling this low" are still valid reasons not to be spending them yet as well. im also spending my fiat more than bitcoins at the moment. if my net worth jumps another 5-10x, i'm sure i'll start spending them again.  its still a buy and hold imo

 

you just want to make sure we're not getting into a contraction cycle that we can't pull out of.  i'd much rather see us with momentum in the other direction with increasing user base that would undoubtedly drive price.  i don't think there is any shame in wanting higher prices b/c if Bitcoin really is going to be moving around large values then the price needs to be higher so as not to produce too much volatility as $millions cross borders in single tx's for purchases of homes, cars, et. 
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July 22, 2015, 08:47:38 PM
 #29169

this really isn't good and is reason for us to want to increase the growth of new users by whatever means necessary:

Despite a decline of approximately 40% in bitcoin purchases, Connie Chung, senior payments product manager at Expedia, says the option to pay with the digital currency will remain as long as there is a demand for it.

Chung noted other merchants had been more affected by what she called a recent decline in bitcoin payments –  with some reporting a decrease of up to 90% at various industry events.

According to the report, the fundamental challenge facing bitcoin as a medium of exchange of legal goods continues to be low consumer adoption and a lack of advantages over credit and debit cards.


http://www.coindesk.com/expedia-exec-purchases-with-bitcoin-are-down-40/?utm_content=buffer59a4e&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

im just not too concerned about this one. pretty much everyone who has bought bitcoin over the past 2 yrs is even or under water. no point spending them at a loss. Also, the early adopters who could be spending their coins on hotels/etc. realize that "store of value" and "im not selling this low" are still valid reasons not to be spending them yet as well. im also spending my fiat more than bitcoins at the moment. if my net worth jumps another 5-10x, i'm sure i'll start spending them again.  its still a buy and hold imo

 

Merchant adoption could be non-existant for all I care. Total non-issue.

"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
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July 22, 2015, 08:50:50 PM
 #29170


Nonsense, the slave trade was thriving between tribes (sub-Saharan African and northern/eastern Arabic) millennia before any Euros arrived.

As a matter of fact, it was the Christian Euros who eventually stopped thousands of years of slaving traditions.

I guess you think it was evil pasty-white French people that harnessed the manpower to build the pyramids...  Cheesy


wtf?! being french i would not think so, but yea, whatever you think with your eloquent sociological bs.. like i'd give a dam. Tongue


I know what I'm talking about; you do not.

The "sociological bs" here is entirely of your own creation:
foreigners controls both the trade and the regulation.
remember they regulated the slave trade.. Roll Eyes

You may form your own opinions, but not your own facts.


https://en.wikipedia.org/wiki/Slavery_in_Africa


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
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July 22, 2015, 09:26:00 PM
 #29171




^ Confirmed.

LOL, the Gavinistas are furiously scribbling their little manifesto.  This gonna be good.   Grin

Exactly like the Peoples' Front of Judea (or was it the Judean Peoples' Front?)

"What have the core devs ever done for us?"


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
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July 22, 2015, 09:26:27 PM
 #29172

this really isn't good and is reason for us to want to increase the growth of new users by whatever means necessary:

Despite a decline of approximately 40% in bitcoin purchases, Connie Chung, senior payments product manager at Expedia, says the option to pay with the digital currency will remain as long as there is a demand for it.

Chung noted other merchants had been more affected by what she called a recent decline in bitcoin payments –  with some reporting a decrease of up to 90% at various industry events.

According to the report, the fundamental challenge facing bitcoin as a medium of exchange of legal goods continues to be low consumer adoption and a lack of advantages over credit and debit cards.
[/b]

http://www.coindesk.com/expedia-exec-purchases-with-bitcoin-are-down-40/?utm_content=buffer59a4e&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Yeah, I like the way Expedia et al acknowledges this and yet still offers ZERO incentive (e.g., NO discounts) over using a credit card.  Roll Eyes

Also from what I know, they still limit bitcoin to just hotel purchases???
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July 22, 2015, 09:49:02 PM
 #29173

you just want to make sure we're not getting into a contraction cycle that we can't pull out of.  i'd much rather see us with momentum in the other direction with increasing user base that would undoubtedly drive price.

The point is, there is no 'momentum' on transactional use. There is some use, but it is (and always has been) small and is declining (I haven't seen actual data but I would guess the decline is simply in line with the declining mania since the 2013 price peak). Maybe it will come, someday, but for now worrying about that or about people having a poor experience because their low fee zero conf transactions don't work very well is a complete waste of time.

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July 22, 2015, 10:06:24 PM
 #29174

you just want to make sure we're not getting into a contraction cycle that we can't pull out of.  i'd much rather see us with momentum in the other direction with increasing user base that would undoubtedly drive price.

The point is, there is no 'momentum' on transactional use. There is some use, but it is (and always has been) small and declining (I haven't seen actual data but I would guess the decline is simply in line with the declining mania since the 2013 price peak). Maybe it will come, someday, but for now worrying about that or about people having a poor experience because their low fee zero cons transactions don't work very well is a complete waste of time.

Somehow, tx fees rising from 1/8 to 1/4 of a pittance is 'harmful to UX' but catastrophic consensus failure is not.

Mark my words, if Bitcoin's antifragility is overwhelmed by the chaos created by the Gavinista social-engineering putsch, the blame will rest solely upon Hearn, Gavin, and Frap.doc.

They will try to make it MPEX's fault, and the drooling Redditard mob will believe them, because they will be jealous of the profit made from shorting Gavincoins.

Not that I think it's likely.  Luckily, the Gavinista Manifesto is already being mocked and made the subject of ridicule.

If nothing else, poor orphaned BitcoinSX is poised to become a fertile new source of FAIL and REKT memes.   Smiley


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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July 22, 2015, 10:49:13 PM
 #29175

"What have the core devs ever done for us?"
It doesn't matter.

At all.

This isn't academia - there is no tenure in Bitcoin.

Their position is contingent every single day on their continuing ability to produce new value.

They can choose to embrace that reality, or they can choose to pout about it. Bitcoin will be fine with or without them.
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July 22, 2015, 11:06:30 PM
 #29176

"What have the core devs ever done for us?"
It doesn't matter.

At all.

This isn't academia - there is no tenure in Bitcoin.

Their position is contingent every single day on their continuing ability to produce new value.

They can choose to embrace that reality, or they can choose to pout about it. Bitcoin will be fine with or without them.

well put JR.  i hadn't even thought about it that way.

and what we absolutely don't want is core dev thinking that Bitcoin "owes them" something.
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July 22, 2015, 11:09:01 PM
 #29177

"What have the core devs ever done for us?"
It doesn't matter.

At all.

This isn't academia - there is no tenure in Bitcoin.

Their position is contingent every single day on their continuing ability to produce new value.

They can choose to embrace that reality, or they can choose to pout about it. Bitcoin will be fine with or without them.

well put JR.  i hadn't even thought about it that way.

and what we absolutely don't want is core dev thinking that Bitcoin "owes them" something.

you do know that also goes for Satoshi and Gavin ?

"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
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July 22, 2015, 11:11:48 PM
 #29178

"What have the core devs ever done for us?"
It doesn't matter.

At all.

This isn't academia - there is no tenure in Bitcoin.

Their position is contingent every single day on their continuing ability to produce new value.

They can choose to embrace that reality, or they can choose to pout about it. Bitcoin will be fine with or without them.

well put JR.  i hadn't even thought about it that way.

and what we absolutely don't want is core dev thinking that Bitcoin "owes them" something.

you do know that also goes for Satoshi and Gavin ?

yep.  which is why apparently Satoshi disappeared w/o wanting to remain at the helm and why Gavin is refusing to accept lead core dev responsibility for XT despite being accused endlessly of wanting to be a benevolent dictator.
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July 22, 2015, 11:13:56 PM
 #29179

http://lists.linuxfoundation.org/pipermail/bitcoin-dev/2015-July/009538.html

Quote
Jeff Garzik jgarzik at gmail.com
Wed Jul 22 22:30:59 UTC 2015
Previous message: [bitcoin-dev] Bitcoin Core and hard forks
Next message: [bitcoin-dev] BIP: Short Term Use Addresses for Scalability
Messages sorted by: [ date ] [ thread ] [ subject ] [ author ]

....

So I respectfully disagree with "core devs don't control the network" and
"core devs control the network" both.

There are checks-and-balances that make the system work.  Consensus is most
strongly measured by user actions after software release.  If the
developers fail to reflect user consensus, the network will let us know.

Jeff knows damn well he doesn't have network consensus

edit: but yes, this is basically what is going to happen.

"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
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July 23, 2015, 12:53:16 AM
 #29180

gmax thrown under the bus with lotsa upvotes:

https://www.reddit.com/r/Bitcoin/comments/3e8a4v/jeff_g_throwing_the_hammer_down_today_on_devlist/ctckf5l
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