aaaand here we go again - page 3. | Bitcointalksearch.org

Qartada

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Quote from: gracia0023 on April 14, 2017, 01:01:45 AM

Quote from: The Sceptical Chymist on April 13, 2017, 09:59:15 PM

Yeah, my sig campaign earnings have been stuck in the network all day, but luckily I'm not standing in line at Starbucks paying for my coffee with bitcoin. Ugh.

This is why bitcoin sucks as money, and it's kind of hard to deny if you're honest. Nobody in their right mind would switch from fiat to bitcoin.

Absolutely. Bitcoin is so impractical to be used as money especially on a daily basis and on a face to face payment. Bitcoin has its own advantage over fiat and fiat to bitcoin. We can still see that fiat is on top of bitcoin until who knows when.

I'd say that Bitcoin just transfers the responsibility from the banks to the user. Digital fiat is very inefficient anyway, sometimes it takes a very long time for the transaction to actually get confirmed it just appears convenient to the user. Bitcoin is for those who want to have real control over their money, and that carries responsibility as well as benefits but it doesn't make Bitcoin suck as money, it just restricts certain people from wanting to use it.

The unconfirmed transactions in the mempool don't really show how Bitcoin is as money and it doesn't show any inherent problem in the network. Solutions are proposed and SegWit increases the transaction capacity. Jonald seems to think that the LN is the only part of SegWit but the LN is just a development which can happen. The network only needs an increase for now, it doesn't need such a huge increase in potential capacity as BU right now, just more than the current capacity. The LN is just a good addition which will come later.

The One

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Quote from: Blinken on April 14, 2017, 12:03:35 AM

Yeah, 70,000 garbage, no-fee transactions by tumblers and gambling sites.

The tumblers can go to hell. Bitcoin is not supposed to be Mastercard. It is a settlement system for people transferring significant amounts of money, not jokers buying sandwiches and playing nickel slots.

Bitcoin: A Peer-to-Peer Electronic Cash System - perhaps you have never read the whitepaper.

ralle14

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Shuffle.com

Quote from: Blinken on April 14, 2017, 12:03:35 AM

Yeah, 70,000 garbage, no-fee transactions by tumblers and gambling sites.

The tumblers can go to hell. Bitcoin is not supposed to be Mastercard. It is a settlement system for people transferring significant amounts of money, not jokers buying sandwiches and playing nickel slots.

70,000 transactions with no fee? Are you sure with what you're saying because when you look at bitcoinfees.21 most of the uncofirmed transactions have fees. Also most gambling sites charges you with fees when you withdraw and some don't but they still add miners fee to your tx so there's no way to make a no fee transaction from gambling sites.

QuestionAuthority

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You lead and I'll watch you walk away.

Quote from: LoyceV on April 14, 2017, 01:35:30 AM

Quote from: Blinken on April 14, 2017, 12:03:35 AM

Yeah, 70,000 garbage, no-fee transactions by tumblers and gambling sites.

The tumblers can go to hell. Bitcoin is not supposed to be Mastercard. It is a settlement system for people transferring significant amounts of money, not jokers buying sandwiches and playing nickel slots.

You might want to read Satoshi's Whitepaper again. Start with the title: "Bitcoin: A Peer-to-Peer Electronic Cash System".
Premined and hardforking altcoins are rising, because Bitcoin is being limited by "the ones in power".

"The ones in power" Think about that statement for a moment. If there can be anyone or any small group in "power" Bitcoin is a failed experiment and no better than any centrally controlled fiat, Visa, or bank account. In fact, it's much worse. Fiat, Visa, and bank accounts actually work pretty well.

buwaytress

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Join the world-leading crypto sportsbook NOW!

Quote from: Blinken on April 14, 2017, 12:03:35 AM

Yeah, 70,000 garbage, no-fee transactions by tumblers and gambling sites.

The tumblers can go to hell. Bitcoin is not supposed to be Mastercard. It is a settlement system for people transferring significant amounts of money, not jokers buying sandwiches and playing nickel slots.

Hear, hear! Bitcoin is for the bourgeois elite who struggle to understand how anything less than 10 dollars (I'm not underestimating the elite, I hope) can be a significant amount of money. Bitcoin is only for certain businesses and not others. We ought to issue notices to sandwich shops and fast food outlets to stop accepting Bitcoin, they're really clogging up the network!

Jokers can go use Dogecoin and Litecoin, for example.

Sincerely,
a sandwich-buying joker.

Labumi

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Activity: 756

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Wow a very exceptional delays to this day. There are indeed some time we can see the confirmation does not do, but the thing I am sure is only temporary if it is indeed a team there in the mines do the right way. But I am sure this will not give bad effect if indeed we can use transactions in a timely manner and conduct transactions on those who do not need the confirmation level but also trusted

LoyceV

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Thick-Skinned Gang Leader and Golden Feather 2021

Quote from: Blinken on April 14, 2017, 12:03:35 AM

Yeah, 70,000 garbage, no-fee transactions by tumblers and gambling sites.

The tumblers can go to hell. Bitcoin is not supposed to be Mastercard. It is a settlement system for people transferring significant amounts of money, not jokers buying sandwiches and playing nickel slots.

You might want to read Satoshi's Whitepaper again. Start with the title: "Bitcoin: A Peer-to-Peer Electronic Cash System".
Premined and hardforking altcoins are rising, because Bitcoin is being limited by "the ones in power".

Xester

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Activity: 994

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Quote from: jonald_fyookball on April 13, 2017, 09:01:50 PM

almost 70k unconfirms in the mempool.

https://blockchain.info/unconfirmed-transactions

Today's congestion brought to you by 1-meg Greg and all the Blockstream superfriends. Go team!

The slow confirmation that you are speaking of and you are connecting to 1 meg Greg as the cause along with its friends in the blockstream. I do not understand it and I havent grasp how did they cause the lag in the blockchain. But anyway possibly it is one expression of their dissatisfaction to the current situation that bitcoin has now and they wanted that their voice be heard.

iamTom123

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Quote from: The Sceptical Chymist on April 13, 2017, 09:59:15 PM

Yeah, my sig campaign earnings have been stuck in the network all day, but luckily I'm not standing in line at Starbucks paying for my coffee with bitcoin. Ugh. This is why bitcoin sucks as money, and it's kind of hard to deny if you're honest. Nobody in their right mind would switch from fiat to bitcoin.

Indeed, it can be a funny thing if you are in a restaurant, you are using Bitcoin and you are about to go home but you have to wait for 3 days in there because the money is not yet transferred lol. Anyway, Bitcoin is still a young thing and I am sure that soon things can have a viable and acceptable solutions. Now, Bitcoin will never replace fiat for many reasons, they can co-exist and can even be complimentary just like cards and cash today. I could not imagine paying Bitcoin for agricultural goods of ordinary farmers here in my loving country...that would be insane. Anything that is man-made will always have limitations no matter how high can the potentials be.

gracia0023

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Quote from: The Sceptical Chymist on April 13, 2017, 09:59:15 PM

Yeah, my sig campaign earnings have been stuck in the network all day, but luckily I'm not standing in line at Starbucks paying for my coffee with bitcoin. Ugh.

This is why bitcoin sucks as money, and it's kind of hard to deny if you're honest. Nobody in their right mind would switch from fiat to bitcoin.

Absolutely. Bitcoin is so impractical to be used as money especially on a daily basis and on a face to face payment. Bitcoin has its own advantage over fiat and fiat to bitcoin. We can still see that fiat is on top of bitcoin until who knows when.

Amph

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Activity: 3248

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Quote from: Blinken on April 14, 2017, 12:03:35 AM

Yeah, 70,000 garbage, no-fee transactions by tumblers and gambling sites.

The tumblers can go to hell. Bitcoin is not supposed to be Mastercard. It is a settlement system for people transferring significant amounts of money, not jokers buying sandwiches and playing nickel slots.

well that's a problem because you are saying that bitcoin is only for the rich, and the poorer can go fuck themselves, but the pooerer have the ability to make bitcoin adoption happen

if you want bitcoin to be widely accepted everywhere, you must allow for micro transaction, to be true, perhaps through some other gateway of payment, but it must be done

and actually those transaction with lower fee, are doing a good thing by lowering the average, instead of following the rally of "who pay more get it faster", that is a bad habit, which is in fact rising the average cost of the fee

ImHash

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Quote from: jonald_fyookball on April 13, 2017, 11:22:52 PM

Quote from: Holliday on April 13, 2017, 11:18:05 PM

Beg your pool operator overlords to fix it for you!

They can do it via the

Quote from: jonald_fyookball on April 13, 2017, 10:08:06 PM

obvious simple move (literally 1 line of code)

Bitclub pool just moved over from segwit to BU. only 3 pools left signaling SW now.

They have set a flag not to accept any block bigger than 1MB while they're signalling BU, that means even if the hash power supports BU to do a hard fork they won't accept any block bigger than 1MB.
As you say it only 1 line of code but is BU only about 1 line of code? and if it is then you think miners are stupid not to support that?
Just now you could do it yourself, take Core code and change 1MB max block size to 1.25 or 1.5 or whatever and then propose it.

Carlton Banks

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Quote from: Holliday on April 13, 2017, 11:59:05 PM

Quote from: jonald_fyookball on April 13, 2017, 11:45:04 PM

if by 'shill' , you mean unpaid advocate for on chain scaling, Satoshi's vision of Bitcoin, and the entire community...then yes, guilty as charged.

If true (in bold), we wouldn't be having this same discussion for the past three, maybe four, years now.

But hey, I know you wouldn't dare let a little truth interfere with your narrative.

Exactly.

"The entire community" rejected 3 separate big blocks proposals in as many years. jonald is obsessed with talking (and lying) about the case for big blocks, as usual

Blinken

sr. member

Activity: 338

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Yeah, 70,000 garbage, no-fee transactions by tumblers and gambling sites.

The tumblers can go to hell. Bitcoin is not supposed to be Mastercard. It is a settlement system for people transferring significant amounts of money, not jokers buying sandwiches and playing nickel slots.

Holliday

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Activity: 1120

Merit: 1012

Quote from: jonald_fyookball on April 13, 2017, 11:45:04 PM

if by 'shill' , you mean unpaid advocate for on chain scaling, Satoshi's vision of Bitcoin, and the entire community...then yes, guilty as charged.

If true (in bold), we wouldn't be having this same discussion for the past three, maybe four, years now.

But hey, I know you wouldn't dare let a little truth interfere with your narrative.

Slark

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Activity: 1862

Merit: 1004

Quote from: jonald_fyookball on April 13, 2017, 11:22:52 PM

Quote from: Holliday on April 13, 2017, 11:18:05 PM

Beg your pool operator overlords to fix it for you!

They can do it via the

Quote from: jonald_fyookball on April 13, 2017, 10:08:06 PM

obvious simple move (literally 1 line of code)

Bitclub pool just moved over from segwit to BU. only 3 pools left signaling SW now.

As you said, there are still 3 pools: BitFury, BTCC and Slush Pool supporting SegWit.

What is interesting despite Bitclub's switch BU support seems to be lower than usual with only 36.7%

According to simple math: 29,6% of miners are not signalling any form of upgrade, they can join either BU or SegWit.

Quote from: jonald_fyookball on April 13, 2017, 11:45:04 PM

if by 'shill' , you mean unpaid advocate for on chain scaling, Satoshi's vision of Bitcoin, and the entire community...then yes, guilty as charged.

Do you seriously think that emergent consensus is something that Satoshi would like to have?

jonald_fyookball

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Activity: 1302

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Core dev leaves me neg feedback #abuse #political

Quote from: FiendCoin on April 13, 2017, 11:37:37 PM

Quote from: jonald_fyookball on April 13, 2017, 09:01:50 PM

almost 70k unconfirms in the mempool.

https://blockchain.info/unconfirmed-transactions

Today's congestion brought to you by 1-meg Greg and all the Blockstream superfriends. Go team!

Everyone knows jonald_fyookball is an anti-core, anti-blockstream shill.

Well, if you didn't know, now you know Cheesy

if by 'shill' , you mean unpaid advocate for on chain scaling, Satoshi's vision of Bitcoin, and the entire community...then yes, guilty as charged.

FiendCoin

sr. member

Activity: 462

Merit: 263

The devil is in the detail.

Quote from: jonald_fyookball on April 13, 2017, 09:01:50 PM

almost 70k unconfirms in the mempool.

https://blockchain.info/unconfirmed-transactions

Today's congestion brought to you by 1-meg Greg and all the Blockstream superfriends. Go team!

Everyone knows jonald_fyookball is an anti-core, anti-blockstream shill.

Well, if you didn't know, now you know Cheesy

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

Quote from: Holliday on April 13, 2017, 11:18:05 PM

Beg your pool operator overlords to fix it for you!

They can do it via the

Quote from: jonald_fyookball on April 13, 2017, 10:08:06 PM

obvious simple move (literally 1 line of code)

Bitclub pool just moved over from segwit to BU. only 3 pools left signaling SW now.

Holliday

legendary

Activity: 1120

Merit: 1012

Beg your pool operator overlords to fix it for you!

They can do it via the

Quote from: jonald_fyookball on April 13, 2017, 10:08:06 PM

obvious simple move (literally 1 line of code)

Topic: aaaand here we go again - page 3. (Read 3752 times)