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Topic: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud) - page 104. (Read 378996 times)

hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
Am I the only person reading this thread who has concluded that most of the small-block posts are made by paid shills?



I wish!

Bitcoin is paying me pretty well right about now though  Wink
sr. member
Activity: 278
Merit: 254
Am I the only person reading this thread who has concluded that most of the small-block posts are made by paid shills?

legendary
Activity: 4760
Merit: 1283

Fine then; go ahead move over to an alt for your latte purchases.  I'll do mine on a sidechain and enjoy the solidity of real Bitcoin backing it without destroying the solution.

Bloating Bitcoin right into the waiting arms of corp/gov so you can have some nebulous benefit of having a record of your piss-ant transaction recorded in every copy of the blockchain and in-perpetuity is beyond retarded.

"My transaction is more important than your transaction"

Soon to be on a bumper sticker in front of you.

Good!  I pay roughly a $10-ish transaction fee when I do a real Bitcoin transaction.  If I am sucking hind teat that means that other user's are compelled to pay more and it means that as a core solution Bitcoin is in a sweet-spot where it is not profitable enough to justify giant datacenters but is interesting enough to keep small and medium sized players around the world providing infrastructure support.

In day-to-day use, I expect to use sidechains and make infrequent and periodic native Bitcoin transactions for the sole purpose of balancing risk.  I can easily afford to pay $10 once in a while to perform such operations.  In fact, it's a steal for a genuinely robust solution!

hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks

If/when there is contention for space on the blockchain, there is a huge amount of room to grow by simply squeezing out the freeloaders.  As it happens, they'll not be left homeless or forced to the alt-ville ghettos due to the development of subordinate chains which provide real Bitcoin power through a proxy and does not bloat the core chain and thus compromise the network or require a hard-fork and associated risk.

In other words, life is good!  Just look at the price charts for confirmation.  It is funny (and not very surprising) to see the likes of Coinbase desperate to reverse the goodness.

Squeezing out the freeloaders? I suppose that would include myself and many other users of Bitcoin, I pay fees but I would not be prepared to pay much larger fees if I can just use an alternative currency instead, Bitcoin does still need to compete. Who are you to say what is a legitimate use of the blockchain and what is not, we should allow as many people as possible to use the blockchain so that its benefits are felt by more people in the world. Third parties build on top of the Bitcoin blockchain do not have the same benefits as transacting on the main bitcoin blockchain directly, no thank you to using third parties on top of the Bitcoin blockchain, not for me at least.
Fine then; go ahead move over to an alt for your latte purchases.  I'll do mine on a sidechain and enjoy the solidity of real Bitcoin backing it without destroying the solution.

Bloating Bitcoin right into the waiting arms of corp/gov so you can have some nebulous benefit of having a record of your piss-ant transaction recorded in every copy of the blockchain and in-perpetuity is beyond retarded.
I think that the blocksize should be increased as much as the technical limitations will allow it be increased without sacrificing decentralization and financial freedom. If small transactions are no longer possible even after this increase, I would accept that. However arbitrarily restricting the blocksize is wrong, since this would unnecessarily restrict the use of the Bitcoin blockchain when it otherwise could have done so much more good in the world.

Some are already sacrificing their financial freedom because of their inability to run a node.

Do you wanna be the next one?

Oh no that's right I forgot....

I'm a very well off European with very cheap internet access and I personally don't think it is inconvenient nor expensive to run my node. Third-world problems are not my problems.
legendary
Activity: 1638
Merit: 1001

If/when there is contention for space on the blockchain, there is a huge amount of room to grow by simply squeezing out the freeloaders.  As it happens, they'll not be left homeless or forced to the alt-ville ghettos due to the development of subordinate chains which provide real Bitcoin power through a proxy and does not bloat the core chain and thus compromise the network or require a hard-fork and associated risk.

In other words, life is good!  Just look at the price charts for confirmation.  It is funny (and not very surprising) to see the likes of Coinbase desperate to reverse the goodness.

Squeezing out the freeloaders? I suppose that would include myself and many other users of Bitcoin, I pay fees but I would not be prepared to pay much larger fees if I can just use an alternative currency instead, Bitcoin does still need to compete. Who are you to say what is a legitimate use of the blockchain and what is not, we should allow as many people as possible to use the blockchain so that its benefits are felt by more people in the world. Third parties build on top of the Bitcoin blockchain do not have the same benefits as transacting on the main bitcoin blockchain directly, no thank you to using third parties on top of the Bitcoin blockchain, not for me at least.

Fine then; go ahead move over to an alt for your latte purchases.  I'll do mine on a sidechain and enjoy the solidity of real Bitcoin backing it without destroying the solution.

Bloating Bitcoin right into the waiting arms of corp/gov so you can have some nebulous benefit of having a record of your piss-ant transaction recorded in every copy of the blockchain and in-perpetuity is beyond retarded.



"My transaction is more important than your transaction"

Soon to be on a bumper sticker in front of you.
hero member
Activity: 546
Merit: 500

If/when there is contention for space on the blockchain, there is a huge amount of room to grow by simply squeezing out the freeloaders.  As it happens, they'll not be left homeless or forced to the alt-ville ghettos due to the development of subordinate chains which provide real Bitcoin power through a proxy and does not bloat the core chain and thus compromise the network or require a hard-fork and associated risk.

In other words, life is good!  Just look at the price charts for confirmation.  It is funny (and not very surprising) to see the likes of Coinbase desperate to reverse the goodness.

Squeezing out the freeloaders? I suppose that would include myself and many other users of Bitcoin, I pay fees but I would not be prepared to pay much larger fees if I can just use an alternative currency instead, Bitcoin does still need to compete. Who are you to say what is a legitimate use of the blockchain and what is not, we should allow as many people as possible to use the blockchain so that its benefits are felt by more people in the world. Third parties build on top of the Bitcoin blockchain do not have the same benefits as transacting on the main bitcoin blockchain directly, no thank you to using third parties on top of the Bitcoin blockchain, not for me at least.
Fine then; go ahead move over to an alt for your latte purchases.  I'll do mine on a sidechain and enjoy the solidity of real Bitcoin backing it without destroying the solution.

Bloating Bitcoin right into the waiting arms of corp/gov so you can have some nebulous benefit of having a record of your piss-ant transaction recorded in every copy of the blockchain and in-perpetuity is beyond retarded.
I think that the blocksize should be increased as much as the technical limitations will allow it be increased without sacrificing decentralization and financial freedom. If small transactions are no longer possible even after this increase, I would accept that. However arbitrarily restricting the blocksize is wrong, since this would unnecessarily restrict the use of the Bitcoin blockchain when it otherwise could have done so much more good in the world.
legendary
Activity: 1162
Merit: 1004

If/when there is contention for space on the blockchain, there is a huge amount of room to grow by simply squeezing out the freeloaders.  As it happens, they'll not be left homeless or forced to the alt-ville ghettos due to the development of subordinate chains which provide real Bitcoin power through a proxy and does not bloat the core chain and thus compromise the network or require a hard-fork and associated risk.

In other words, life is good!  Just look at the price charts for confirmation.  It is funny (and not very surprising) to see the likes of Coinbase desperate to reverse the goodness.

Squeezing out the freeloaders? I suppose that would include myself and many other users of Bitcoin, I pay fees but I would not be prepared to pay much larger fees if I can just use an alternative currency instead, Bitcoin does still need to compete. Who are you to say what is a legitimate use of the blockchain and what is not, we should allow as many people as possible to use the blockchain so that its benefits are felt by more people in the world. Third parties build on top of the Bitcoin blockchain do not have the same benefits as transacting on the main bitcoin blockchain directly, no thank you to using third parties on top of the Bitcoin blockchain, not for me at least.

Fine then; go ahead move over to an alt for your latte purchases. 


The overwhelming majority of txs are not latte purchases. The 'bitcoin as a settlement layer' phantasies are new phantasies, pushed by the corporatist blockthestreamers.
hero member
Activity: 546
Merit: 500

Yes it has to happen soon, do you remember how I said there could be a spike of adoption due to global events and this is why we should increase the blocksize before this happens. Well it has happened, capital controls in china combined with favorable rulings in the EU have created the perfect storm. The blocks are now becoming consistently full and if we do not increase the blocksize soon, transactions will be rendered unreliable. This would not be a good experience for all of the new people that are now joining our community.

https://blockchain.info/
https://blockchain.info/unconfirmed-transactions

If/when there is contention for space on the blockchain, there is a huge amount of room to grow by simply squeezing out the freeloaders.  As it happens, they'll not be left homeless or forced to the alt-ville ghettos due to the development of subordinate chains which provide real Bitcoin power through a proxy and does not bloat the core chain and thus compromise the network or require a hard-fork and associated risk.

In other words, life is good!  Just look at the price charts for confirmation.  It is funny (and not very surprising) to see the likes of Coinbase desperate to reverse the goodness.
Squeezing out the freeloaders? I suppose that would include myself and many other users of Bitcoin, I pay fees but I would not be prepared to pay much larger fees if I can just use an alternative currency instead, Bitcoin does still need to compete. Who are you to say what is a legitimate use of the blockchain and what is not, we should allow as many people as possible to use the blockchain so that its benefits are felt by more people in the world. Third parties build on top of the Bitcoin blockchain do not have the same benefits as transacting on the main bitcoin blockchain directly, so no thank you to using third parties on top of the Bitcoin blockchain, not for me at least.
Bitcoin  doesn't compete on the basis of transaction fees.
It competes on all levels, both with fiat and altcoins. Transaction fees are definitely an aspect of that, when the fee goes up, many people will no longer be able to use Bitcoin for smaller transactions, including myself. I would have to move this business over to another blockchain, this certainly is a case of Bitcoin losing business because it can not compete. Not to mention transactions becoming unreliable, this would certainly make other alternatives more attractive.

I am not overly concerned with this scenario however, the writing on the wall seems to indicate that the blocksize will be increased, incentives are aligning. Smiley
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks

If/when there is contention for space on the blockchain, there is a huge amount of room to grow by simply squeezing out the freeloaders.  As it happens, they'll not be left homeless or forced to the alt-ville ghettos due to the development of subordinate chains which provide real Bitcoin power through a proxy and does not bloat the core chain and thus compromise the network or require a hard-fork and associated risk.

In other words, life is good!  Just look at the price charts for confirmation.  It is funny (and not very surprising) to see the likes of Coinbase desperate to reverse the goodness.

Squeezing out the freeloaders? I suppose that would include myself and many other users of Bitcoin, I pay fees but I would not be prepared to pay much larger fees if I can just use an alternative currency instead, Bitcoin does still need to compete. Who are you to say what is a legitimate use of the blockchain and what is not, we should allow as many people as possible to use the blockchain so that its benefits are felt by more people in the world. Third parties build on top of the Bitcoin blockchain do not have the same benefits as transacting on the main bitcoin blockchain directly, no thank you to using third parties on top of the Bitcoin blockchain, not for me at least.

Fine then; go ahead move over to an alt for your latte purchases.  I'll do mine on a sidechain and enjoy the solidity of real Bitcoin backing it without destroying the solution.

Bloating Bitcoin right into the waiting arms of corp/gov so you can have some nebulous benefit of having a record of your piss-ant transaction recorded in every copy of the blockchain and in-perpetuity is beyond retarded.

"For everything else there's Mastercard"
legendary
Activity: 4760
Merit: 1283

If/when there is contention for space on the blockchain, there is a huge amount of room to grow by simply squeezing out the freeloaders.  As it happens, they'll not be left homeless or forced to the alt-ville ghettos due to the development of subordinate chains which provide real Bitcoin power through a proxy and does not bloat the core chain and thus compromise the network or require a hard-fork and associated risk.

In other words, life is good!  Just look at the price charts for confirmation.  It is funny (and not very surprising) to see the likes of Coinbase desperate to reverse the goodness.

Squeezing out the freeloaders? I suppose that would include myself and many other users of Bitcoin, I pay fees but I would not be prepared to pay much larger fees if I can just use an alternative currency instead, Bitcoin does still need to compete. Who are you to say what is a legitimate use of the blockchain and what is not, we should allow as many people as possible to use the blockchain so that its benefits are felt by more people in the world. Third parties build on top of the Bitcoin blockchain do not have the same benefits as transacting on the main bitcoin blockchain directly, no thank you to using third parties on top of the Bitcoin blockchain, not for me at least.

Fine then; go ahead move over to an alt for your latte purchases.  I'll do mine on a sidechain and enjoy the solidity of real Bitcoin backing it without destroying the solution.

Bloating Bitcoin right into the waiting arms of corp/gov so you can have some nebulous benefit of having a record of your piss-ant transaction recorded in every copy of the blockchain and in-perpetuity is beyond retarded.

hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks

Yes it has to happen soon, do you remember how I said there could be a spike of adoption due to global events and this is why we should increase the blocksize before this happens. Well it has happened, capital controls in china combined with favorable rulings in the EU have created the perfect storm. The blocks are now becoming consistently full and if we do not increase the blocksize soon, transactions will be rendered unreliable. This would not be a good experience for all of the new people that are now joining our community.

https://blockchain.info/
https://blockchain.info/unconfirmed-transactions

If/when there is contention for space on the blockchain, there is a huge amount of room to grow by simply squeezing out the freeloaders.  As it happens, they'll not be left homeless or forced to the alt-ville ghettos due to the development of subordinate chains which provide real Bitcoin power through a proxy and does not bloat the core chain and thus compromise the network or require a hard-fork and associated risk.

In other words, life is good!  Just look at the price charts for confirmation.  It is funny (and not very surprising) to see the likes of Coinbase desperate to reverse the goodness.
Squeezing out the freeloaders? I suppose that would include myself and many other users of Bitcoin, I pay fees but I would not be prepared to pay much larger fees if I can just use an alternative currency instead, Bitcoin does still need to compete. Who are you to say what is a legitimate use of the blockchain and what is not, we should allow as many people as possible to use the blockchain so that its benefits are felt by more people in the world. Third parties build on top of the Bitcoin blockchain do not have the same benefits as transacting on the main bitcoin blockchain directly, so no thank you to using third parties on top of the Bitcoin blockchain, not for me at least.

Bitcoin  doesn't compete on the basis of transaction fees.
hero member
Activity: 886
Merit: 1013
Pathetic lies.
hero member
Activity: 546
Merit: 500

Yes it has to happen soon, do you remember how I said there could be a spike of adoption due to global events and this is why we should increase the blocksize before this happens. Well it has happened, capital controls in china combined with favorable rulings in the EU have created the perfect storm. The blocks are now becoming consistently full and if we do not increase the blocksize soon, transactions will be rendered unreliable. This would not be a good experience for all of the new people that are now joining our community.

https://blockchain.info/
https://blockchain.info/unconfirmed-transactions

If/when there is contention for space on the blockchain, there is a huge amount of room to grow by simply squeezing out the freeloaders.  As it happens, they'll not be left homeless or forced to the alt-ville ghettos due to the development of subordinate chains which provide real Bitcoin power through a proxy and does not bloat the core chain and thus compromise the network or require a hard-fork and associated risk.

In other words, life is good!  Just look at the price charts for confirmation.  It is funny (and not very surprising) to see the likes of Coinbase desperate to reverse the goodness.
Squeezing out the freeloaders? I suppose that would include myself and many other users of Bitcoin, I pay fees but I would not be prepared to pay much larger fees if I can just use an alternative currency instead, Bitcoin does still need to compete. Who are you to say what is a legitimate use of the blockchain and what is not, we should allow as many people as possible to use the blockchain so that its benefits are felt by more people in the world. Third parties build on top of the Bitcoin blockchain do not have the same benefits as transacting on the main bitcoin blockchain directly, so no thank you to using third parties on top of the Bitcoin blockchain, not for me at least.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks

Do you promise to leave us the fuck alone when it inevitable fails to materialize though  Huh

Do you promise to leave us the fuck alone when core is stupid enough trying to defend the 1MB cap beyond Hongkong?

No, I'm going to rub it in your face and dare you to phork off!

legendary
Activity: 4760
Merit: 1283

Yes it has to happen soon, do you remember how I said there could be a spike of adoption due to global events and this is why we should increase the blocksize before this happens. Well it has happened, capital controls in china combined with favorable rulings in the EU have created the perfect storm. The blocks are now becoming consistently full and if we do not increase the blocksize soon, transactions will be rendered unreliable. This would not be a good experience for all of the new people that are now joining our community.

https://blockchain.info/
https://blockchain.info/unconfirmed-transactions

If/when there is contention for space on the blockchain, there is a huge amount of room to grow by simply squeezing out the freeloaders.  As it happens, they'll not be left homeless or forced to the alt-ville ghettos due to the development of subordinate chains which provide real Bitcoin power through a proxy and does not bloat the core chain and thus compromise the network or require a hard-fork and associated risk.

In other words, life is good!  Just look at the price charts for confirmation.  It is funny (and not very surprising) to see the likes of Coinbase desperate to reverse the goodness.

legendary
Activity: 1260
Merit: 1002

Do you promise to leave us the fuck alone when it inevitable fails to materialize though  Huh

Do you promise to leave us the fuck alone when core is stupid enough trying to defend the 1MB cap beyond Hongkong?

they're not defending anything.

it's merely 'investigating before testing.. before reassessing.. before retesting..'... to be precise.. Grin

but you should fork off already, needless to stay until december.
donator
Activity: 980
Merit: 1000


Yeah can't wait for xmas and the ski season   Grin
legendary
Activity: 1162
Merit: 1004

Do you promise to leave us the fuck alone when it inevitable fails to materialize though  Huh

Do you promise to leave us the fuck alone when core is stupid enough trying to defend the 1MB cap beyond Hongkong?
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
Yes it has to happen soon, do you remember how I said there could be a spike of adoption due to global events and this is why we should increase the blocksize before this happens. Well it has happened, capital controls in china combined with favorable rulings in the EU have created the perfect storm. The blocks are now becoming consistently full and if we do not increase the blocksize soon, transactions will be rendered unreliable. This would not be a good experience for all of the new people that are now joining our community.

https://blockchain.info/
https://blockchain.info/unconfirmed-transactions



I'm going to ask you the same thing:

Do you promise to leave us the fuck alone when it inevitable fails to materialize  Huh
hero member
Activity: 546
Merit: 500
Yes it has to happen soon, do you remember how I said there could be a spike of adoption due to global events and this is why we should increase the blocksize before this happens. Well it has happened, capital controls in china combined with favorable rulings in the EU have created the perfect storm. The blocks are now becoming consistently full and if we do not increase the blocksize soon, transactions will be rendered unreliable. This would not be a good experience for all of the new people that are now joining our community.

https://blockchain.info/
https://blockchain.info/unconfirmed-transactions
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