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Topic: Bitcoin core value? - miners will switch to Bitcoin Classic - page 5. (Read 5765 times)

gentlemand

legendary

Activity: 2590

Merit: 3015

Welt Am Draht

Quote from: BellaBitBit on January 23, 2016, 07:02:52 PM

Quote from: steeev on January 23, 2016, 03:08:28 PM

the r/btc subreddit bangs on and on like this all day

only about 10k subs on there, compared to about 170k on r/Bitcoin though...

looks like they're doing some overtime here

Can someone explain the difference between the atmosphere at Reddit vs BitcoinTalk. Are you suggesting that r/Bitcoin is slanted to Classic and Bitcointalk is Core? There is a process to learning all of this Shocked

No. Both are run by Theymos who is a core fan. For some reason much more open discussion is permitted here than on reddit. Dunno why.

Anyone can start a new sub on reddit so more toys are thrown out of prams there.

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: jonald_fyookball on January 23, 2016, 08:10:57 PM

Quote from: BlindMayorBitcorn on January 23, 2016, 07:51:12 PM

Quote from: MicroGuy on January 23, 2016, 07:09:57 PM

Quote from: -Tx-Rider on January 23, 2016, 07:04:33 PM

What is wrong with Bitcoin Core? I am new here so..

bahhh

Facts for N00bs: No one is owned by anyone. Blockstream was founded by Greg and Adam. Gavin doesn't work for Coinbase but at MIT. Microguy has a goat farm.

Gavin was hired as an adviser to Coinbase in 2013. When did that change?

I stand slightly corrected.

funkenstein

legendary

Activity: 1066

Merit: 1050

Khazad ai-menu!

Your core coins are now being converted to cosbycoins. 1.... 2....

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

Quote from: BlindMayorBitcorn on January 23, 2016, 07:51:12 PM

Quote from: MicroGuy on January 23, 2016, 07:09:57 PM

Quote from: -Tx-Rider on January 23, 2016, 07:04:33 PM

What is wrong with Bitcoin Core? I am new here so..

bahhh

Facts for N00bs: No one is owned by anyone. Blockstream was founded by Greg and Adam. Gavin doesn't work for Coinbase but at MIT. Microguy has a goat farm.

Gavin was hired as an adviser to Coinbase in 2013. When did that change?

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Quote from: MicroGuy on January 23, 2016, 07:09:57 PM

Quote from: -Tx-Rider on January 23, 2016, 07:04:33 PM

What is wrong with Bitcoin Core? I am new here so..

bahhh

Facts for N00bs: No one is owned by anyone. Blockstream was founded by Greg and Adam. Gavin doesn't work for Coinbase but at MIT. Microguy has a goat farm.

MicroGuy

legendary

Activity: 2506

Merit: 1030

Twitter @realmicroguy

Quote from: -Tx-Rider on January 23, 2016, 07:04:33 PM

What is wrong with Bitcoin Core? I am new here so..

They are owned by Blockstream™.

Quote from: mayax on January 23, 2016, 08:43:13 AM

Quote from: franky1 on January 23, 2016, 08:34:07 AM

i wish gavin would not have lobbied exchanges or miners first. as that is a sign to force it before consensus.. though everyone seems to want 2mb.. and dont want to wait a year for blockstream to move their asses.. there should atleast be a push to get user adoption of the 2mb first.. before forcing it definetly not delaying user adoption either

Gavin works for Coinbase. So, it's a PAID lobby. Coinbase works for investors(we know who they are). The investors wants to recover the investments asap. How can they do that? By having more control over BTC.

Let's not forget that the Coinbase's investors are the same as the Bitstamp investors.

This is the truth whether anyone wants to believe it or not. Gavin is a paid puppet that works for the puppet masters (we know who they are) writing the paychecks.

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

Quote from: -Tx-Rider on January 23, 2016, 07:04:33 PM

What is wrong with Bitcoin Core? I am new here so..

currently blocks are limited to 1MB so the network can only handle 3-7 transactions per second.

-Tx-Rider

member

Activity: 110

Merit: 10

What is wrong with Bitcoin Core? I am new here so..

BellaBitBit

hero member

Activity: 756

Merit: 500

Quote from: steeev on January 23, 2016, 03:08:28 PM

the r/btc subreddit bangs on and on like this all day

only about 10k subs on there, compared to about 170k on r/Bitcoin though...

looks like they're doing some overtime here

steeev

full member

Activity: 128

Merit: 103

hard forking a change to solve a problem that doesn't exist in a pointless rush on the say so of a corporate lobby when a superior soft forked development that facilitates deeper progress for the project as a whole is imminent simply doesn't compute

here's andreas on segwit (LTB podcast) - first half is blocksize, 2nd half goes deeper

https://soundcloud.com/mindtomatter/ltb-e277-separating-signatures-with-segregated-witness

thinking back, it's been down from gavin's lofty 20MB, to the insidious XT 8MB (to start), now this 2MB 'classic' load of nothing.

driven down to 2MB and digging in - like a pushy salesman's foot in the door...

BlindMayorBitcorn

legendary

Activity: 1260

Merit: 1116

Lauda Dice Cheesy

bargainbin

full member

Activity: 126

Merit: 100

Quote from: Lauda on January 23, 2016, 04:46:20 PM

Quote from: bargainbin on January 23, 2016, 02:58:16 PM

Which point is that? That people will be left stranded because it takes a month to download what amounts to a software update? Either your connection is horribly slow, or I'm forced to assume you're just FUDding.

You're joking right? If you think that everyone is in the position to upgrade or is aware of the current situation then we have no reasons to talk about. Here's a small example and I'll leave it at that:

Quote

I'm the owner of Lauda Dice, a very good and popular Dice site. Lauda is currently sick and has no idea what's going on in the Bitcoin ecosystem. Hard fork happens before Lauda recovers and leaves his service website broken.

Even deploying soft forks takes time, with hard forks it is much worse.

In teh hospital, incommunicado for a month? And your dice site is on autopilot? It runs itself?
Frankly, sounds like something I should be reading in Scam Accusations, and laughing my ass off.
And no one tells you? Because, presumably, no one uses it?

Let's see... An unatended dice site loses a few days' worth of revenues, or I give up on Bitcoin: A Peer-to-Peer Electronic Cash System...
It's a toughy, I'll grant you that...

jk, not tough at all. Pay more attention to your shitty gambling site. Not my fault you're sick/lazy, this isn't some Nanny State commie kindergarten, where everything stops to let the slowest/weakest catch up. Buck up, Bucko.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: bargainbin on January 23, 2016, 02:58:16 PM

Quote from: jonald_fyookball on January 23, 2016, 04:28:09 PM

They will follow the miners and see that 2MB is not only reasonable, it is long overdue.

Not only is it not overdue, it is very irrational.

Quote from: steeev on January 23, 2016, 03:08:28 PM

looks like they're doing some overtime here

People with the delusion of knowledge never seem to stop.

It was just a simple example. Not willing to asses the situation objectively means that you're either irrational or a Classic shill.

Dobmaster

sr. member

Activity: 464

Merit: 250

Quote from: maokoto on January 23, 2016, 03:57:10 PM

Actual BTC are not in risk of dissappearing as they can fit in 2 MB blocks. Users are in a comfortable place IMO as they can choose whatever they like once it is developed, without risking their coins beforehand.

If the bitcoin classic come out in march before Core, and most people use that one. bitcoin will survive on that chain. For the people with their money in their own wallet, they will not lose money.

jonald_fyookball

legendary

Activity: 1302

Merit: 1008

Core dev leaves me neg feedback #abuse #political

Quote from: Lauda on January 23, 2016, 02:21:27 PM

Quote from: bargainbin on January 23, 2016, 02:11:06 PM

Can you back this up with a list of merchants/exchanges who will not go with Classic? (links plz)

Do you have a list of every merchant (there are thousands) that will update to Classic in a 30 day time frame? You don't. I can't create that list either. Until someone states that they are willing to switch, it is reasonable to assume that they won't (or won't in time).

I take the opposite opinion of you.

I think it is reasonable to assume that most merchants who are running a full node
will switch in time, (regardless of whether or not they state they are willing to switch.)

They will follow the miners and see that 2MB is not only reasonable, it is long overdue.

Anyway, I really question what percentage of merchants are really running their own full nodes.

maokoto

hero member

Activity: 770

Merit: 500

✪ NEXCHANGE | BTC, LTC, ETH & DOGE ✪

steeev

full member

Activity: 128

Merit: 103

the r/btc subreddit bangs on and on like this all day

only about 10k subs on there, compared to about 170k on r/Bitcoin though...

looks like they're doing some overtime here

bargainbin

full member

Activity: 126

Merit: 100

Quote from: Lauda on January 23, 2016, 02:48:50 PM

Quote from: bargainbin on January 23, 2016, 02:39:43 PM

I never claimed overwhelming support for Classic by businesses. I merely pointed out that they do not care.

Which means that my point still stands. One month is a small update window and a it is possible that a good number of businesses stay on the wrong chain for some time.

Which point is that? That people will be left stranded because it takes a month to download what amounts to a software update?
Either your connection is horribly slow, or I'm forced to assume you're just FUDding.

Quote from: bargainbin on January 23, 2016, 02:39:43 PM

Are you suggesting that they may change their minds? Different topic, but hey, possible :- Especially with folks like Luke Jr. threatening them with fresh PoW.

Until they are all running Classic, it is all just talk. They could change their mind anytime. Luke-Jr didn't threaten anyone, he just made a proposal. Anyone can make one.

Of course it's just talk, that's what we're doing. If you feel that they're being disingenuous, why call them ignorant? Just call them liars.

BldSwtTrs

legendary

Activity: 861

Merit: 1010

Quote from: Lauda on January 23, 2016, 02:48:50 PM

Quote from: bargainbin on January 23, 2016, 02:39:43 PM

I never claimed overwhelming support for Classic by businesses. I merely pointed out that they do not care.

Which means that my point still stands. One month is a small update window and a it is possible that a good number of businesses stay on the wrong chain for some time.

Quote from: bargainbin on January 23, 2016, 02:39:43 PM

Are you suggesting that they may change their minds? Different topic, but hey, possible :- Especially with folks like Luke Jr. threatening them with fresh PoW.

Until they are all running Classic, it is all just talk. They could change their mind anytime. Luke-Jr didn't threaten anyone, he just made a proposal. Anyone can make one.

Quote from: BldSwtTrs on January 23, 2016, 02:43:36 PM

The problem is not that some people are in power, the probems begin when there is no possibility to keep in check those in power. Core folks wants their power to be uncontested, calling a fork attempt irresponsible, whereas Classic folks should always welcome challenge to their implementation.

Some people believe that Classic will be more democratic because of 'consider.it'. Nice joke. Classic doesn't even have a proper development team, that is very irresponsible (singular example).

We shouldn't care whether Classic is democratic or not, what is important is the possibility of hard forking away from Classic if they end up abusing their power.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Quote from: bargainbin on January 23, 2016, 02:39:43 PM

I never claimed overwhelming support for Classic by businesses. I merely pointed out that they do not care.

Which means that my point still stands. One month is a small update window and a it is possible that a good number of businesses stay on the wrong chain for some time.

Quote from: bargainbin on January 23, 2016, 02:39:43 PM

Are you suggesting that they may change their minds? Different topic, but hey, possible :- Especially with folks like Luke Jr. threatening them with fresh PoW.

Until they are all running Classic, it is all just talk. They could change their mind anytime. Luke-Jr didn't threaten anyone, he just made a proposal. Anyone can make one.

Quote from: BldSwtTrs on January 23, 2016, 02:43:36 PM

Some people believe that Classic will be more democratic because of 'consider.it'. Nice joke. Classic doesn't even have a proper development team, that is very irresponsible (singular example).