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Topic: "Bitcoin Classic" is a classic attempt at a hostile takeover - page 14. (Read 8082 times)

legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
Quote
Funniest extortion attempt ever? Not you too?!? Cry

Extortion attempt?

Huh?

(exactly what I am trying to extort?)
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
So - big block fans - where are the signatures of the clearly tens (or hundreds) of thousands of frustrated wannabe Bitcoin users that are only not using it because of the block size?

Of course there are none - the only people complaining about it are the payment processors hoping to get rich and those that are wanting to take control of the project.

It is good that Mike Hearn has left - but we still need Gavin to leave as well IMO (as he is not giving up trying to take over the project as is obvious from his quick change from XT to Classic).
legendary
Activity: 1890
Merit: 1086
Ian Knowles - CIYAM Lead Developer
Again we have another "we must increase the block size ASAP" fork crap - under the most stupid name "Bitcoin Classic".

It's a "classic" alright - a "classic attempt to FUD people into letting a small bunch of wannabe Bitcoin overlords take over the project".

The blocks are not even nearly full most of the time (apart from attacks which are just spam being used to fill up the mempool for FUD reasons).

The reason that people don't use Bitcoin for normal txs is "why the hell would they?".

Even if a vendor were to offer a cheaper price for paying in BTC you still have to change your fiat into BTC to purchase from them (and then most likely BitPay or another provider is going to take at least 1% commission).

If you don't purchase your BTC via an exchange (and no average person is going to do that to just buy something) then most likely you are going to pay at least 5% commission - so if you are ending up with 6% commission - did you save anything from using a credit card?

Also you can't get a refund if you pay with BTC - so the masses are not screaming to pay with BTC at all (far from it - if it cannot be reversed then I suspect 99% of people would not want to use it as certainly every person I have spoken to does not like the idea).

Can we stop with the FUD and let the project just continue to improve the tech?
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