Bitcoin XT - Officially #REKT (also goes for BIP101 fraud) - page 148.

bambou

sr. member

Activity: 346

Merit: 250

Quote from: knight22 on October 06, 2015, 02:03:46 PM

Quote from: bambou on October 06, 2015, 02:01:27 PM

Quote from: knight22 on October 06, 2015, 02:00:55 PM

Quote from: bambou on October 06, 2015, 01:59:12 PM

Quote from: Zarathustra on October 06, 2015, 01:55:52 PM

Quote from: bambou on October 06, 2015, 11:30:15 AM

Quote from: Peter R on October 06, 2015, 11:28:06 AM

Quote from: bambou on October 06, 2015, 11:11:06 AM

...Only Mathematics rules, and no, it does not encompass any democratic procedures within it...

It sounds like you believe that Bitcoin is governed by mathematics, rather than by the market. Is this an accurate assessment?

Under what conditions (if any) do you believe it is possible for the Bitcoin protocol rules to be changed (e.g., adopting a larger block size limit)?

None.

Communist utopia in perfection. The market will soon teach you some thing.

You do not, and in any way, represent "the market".

Nor would you have any metrics to back your insolent deluded claims.

Just a random poor wannabe, that is as irrelevant as the market it pretends to derive from.

He does not represent the market, he just understand it, which you don't.

Big market (makers?!) here..

Big market makers are here.

http://blog.blockchain.com/2015/08/24/industry-endorses-bigger-blocks-and-bip101/

Them website does not even function properly.

And btw, MtGOX was a way better "market maker" than they will ever be. Grin

edit: I'm done here, wasted enough time on you poor irrelevant sheeps, hope you find the altcoin that would fill your noobish fantasies tho. bye.

knight22

legendary

Activity: 1372

Merit: 1000

--------------->¿?

Quote from: bambou on October 06, 2015, 02:01:27 PM

Quote from: knight22 on October 06, 2015, 02:00:55 PM

Quote from: bambou on October 06, 2015, 01:59:12 PM

Quote from: Zarathustra on October 06, 2015, 01:55:52 PM

Quote from: bambou on October 06, 2015, 11:30:15 AM

Quote from: Peter R on October 06, 2015, 11:28:06 AM

Quote from: bambou on October 06, 2015, 11:11:06 AM

...Only Mathematics rules, and no, it does not encompass any democratic procedures within it...

It sounds like you believe that Bitcoin is governed by mathematics, rather than by the market. Is this an accurate assessment?

Under what conditions (if any) do you believe it is possible for the Bitcoin protocol rules to be changed (e.g., adopting a larger block size limit)?

None.

Communist utopia in perfection. The market will soon teach you some thing.

You do not, and in any way, represent "the market".

Nor would you have any metrics to back your insolent deluded claims.

Just a random poor wannabe, that is as irrelevant as the market it pretends to derive from.

He does not represent the market, he just understand it, which you don't.

Big market (makers?!) here..

Big market makers are here.

http://blog.blockchain.com/2015/08/24/industry-endorses-bigger-blocks-and-bip101/

bambou

sr. member

Activity: 346

Merit: 250

Quote from: knight22 on October 06, 2015, 01:58:56 PM

Quote from: bambou on October 06, 2015, 01:49:59 PM

Quote from: knight22 on October 06, 2015, 01:41:01 PM

Quote from: bambou on October 06, 2015, 01:38:47 PM

Quote from: knight22 on October 06, 2015, 01:29:39 PM

Quote from: bambou on October 06, 2015, 01:22:31 PM

Quote from: knight22 on October 06, 2015, 01:13:39 PM

Quote from: bambou on October 06, 2015, 01:07:18 PM

Quote from: knight22 on October 06, 2015, 01:02:31 PM

Quote from: bambou on October 06, 2015, 12:56:43 PM

Quote from: knight22 on October 06, 2015, 12:50:12 PM

Quote from: bambou on October 06, 2015, 11:36:20 AM

Quote from: Peter R on October 06, 2015, 11:31:26 AM

Quote from: bambou on October 06, 2015, 11:30:15 AM

Quote from: Peter R on October 06, 2015, 11:28:06 AM

Quote from: bambou on October 06, 2015, 11:11:06 AM

...Only Mathematics rules, and no, it does not encompass any democratic procedures within it...

It sounds like you believe that Bitcoin is governed by mathematics, rather than by the market. Is this an accurate assessment?

Under what conditions (if any) do you believe it is possible for the Bitcoin protocol rules to be changed (e.g., adopting a larger block size limit)?

None.

Thank you for the honest answer.

I'll push it just a bit more for you, since you like honesty:

You abide or gtforko to any altcoin that suits your corporatist mirage.

Don't worry, it's going to happen sooner or latter as Core doesn't scales and blocks are being filled out. Either the pressure will just keep going up for larger blocks or the market will move to something else that scales better leaving Core in the dust.

Get used to that now.

Blocksize is irrelevant to scaling effectively.

But yes, can't wait for you ~~people~~ sheeps to fork off.

Unfortunately for you, most people want to stay on chain so yes the block size is very relevant.

Whilst most people still use debit cards, poor ~~people~~ sheeps dreaming of everlasting free-spamming-on-chain transactions are, yet again, irrelevant.

Forcing the market on your path won't work. I hope you know that.

I'm not forcing you nor anyone else to use Bitcoin.

As per your understanding level illustrates, I however would highly recommend you to use ripple. Wink

Good so you agree that if more people want to be on chain while bitcoin can't give enough room to accommodate participants, most people will simply migrate to other more relevant blockchains. I highly doubts Ripple will get anywhere though. A more probably scenario is either an altcoin will take the largest market share that bitcoin can't serve or either a split fork of the bitcoin blockchain (most probable scenario IMO).

Sure, altcoin, govcoin, whatever "so-smart-and-loving-the-herd-blockchain-technology-10.0", you name it.

May you enjoy the comfort and freedom being agglutinated with the sheeple on a single centralized ledger.

Meanwhile, I (and other people) stick with Bitcoin, and Bitcoin will stick as is.

Until you realize that good enough decentralization is good enough and bitcoin is being left behind because it is unnecessary over decentralized to a point it cannot scale and cannot keep on the race.

Yes, well, plenty of time for reassessing bitcoin's capabilities.

But if in the meantime you sheeple could fork off to some socialist altcoin and enjoy your on-chain-free-spamming delusions, that would give Bitcoin even more time before reaching any critical parameter. Wink

Well people aren't going to migrate before there is an economic pressure to do so. We are approx half way there before that pressure begins to take effects.

Ah, well just gimme a "half-approx" ring by then. Roll Eyes