Topic: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud) - page 26. (Read 378991 times)

Over at the mental ward...


You need to check your ego young man 

Your writing is neither inspiring nor does it counter anything not resembling a collection of strawmen.

Oh my bad, I forgot to accommodate your learning disability and spell it out for you.

Here, is this better for helping you to understand why XT got #rekt?


2MB = CONTENTIOUS HARD FORK = ALTCOIN = FAIL

its not a threat, it's a cryptographically signed message.

to show you noob the cryptography in cryptocurrency, but not so surprisingly all you kid can see is "ofmg de4th threat"!!

Bitcoin hardforked already.

The Bigblockers fighted there against censorship - and won.
The Smallblockers fight for censorship. That's the difference.

How about the knee jerk reaction that death threats aren't helpful?

Sorry I can't offer a knee-jerk reaction to this.  I need more time and information to produce commentary of value.

As with sidechains, I will by default fight this feature.  But I will also hope that fight is similarly futile and the new feature will prove worthy of adding value to Bitcoin.   

Ever feel like you had to tell a joke twice before someone laughed?

2MB = HARD FORK = ALTCOIN = FAIL

IDK what hdbuck and MP think about segwit (SOFT fork).  Links?

So you disagree with hdbuck and MP. How about when we fork to a modest 2MiB while segwit is tested? Altcoin?

You are confusing soft forks (segwitness) and hard forks (XT/Unlimiturd).

I don't think segwit will happen anytime Soon.  If/when it's implemented, it will be because of a genuine need as agreed/recognized by the socioeconomic majority, not because of a whining Gavinista minority of Redditurd bury brigades.

What's your take on when we do the segwitness altcoin?

XT/Unlimiturd = Worst Altcoins Ever.

Bitcoin XT has a bandwidth throttling option, which is a useful feature to have. Bitcoin Unlimited will be implementing this as well when it is released.

Any quality peer to peer software, such as a reasonable bittorent client, comes with a control window that can be configured to limit upload bandwidth.  If you set this to about 50% of your available upload bandwidth through your ISP then any problems with slow response will be avoided.  For some years I used this technique with bittorrent clients and file sync programs.  I was appalled when I started running bitcoin and discovered that the client lacked these elementary features.  I was even more appalled after I complained and some of the core developers tried to make excuses for this sad situation.  Lately, the talk from a (former?) core developer is that this deficiency will be "fixed in the next release" of Bitcoin Core.

There are two things you can do to get around this problem.  First, do not open port 8333.  This will eliminate the possibility of newbies leaching off of your limited bandwidth to download the entire block chain.  Second, figure out how to set up the QoS features in your router.  After you have done this you may then want to try reopening port 8333 in your router.  With an open port and a QoS setting, you may still find a fair amount of upload traffic.  You can limit this by configuring your node to use a modest number of ports.  When I was running an open port on my node over a DSL connection, I found that about 30 ports total gave me about the same upload traffic as download traffic, i.e. my node was contributing as much bandwidth to the network as it was using.

If you are interested in running a full bitcoin node with an open port, be prepared for a bunch of hassles, up to and including being a target of a DDoS attack.  If you are just interested in using bitcoin and don't want to get into a bunch of technical details it would be better to just run a lightweight client, such as Electrum or Multibit HD, both of which install and run quickly with no hassles.

VeritasSapere's worst nightmare:

First of all I do not appreciate you quoting me saying something that I never said, please refrain yourself from doing this, you have done this before and it is libel, slander and fraud.

My argument is that commodity money in the form of precious metal coins, have been the predominant form of currency for the majority of our known history, this is true. Furthermore that Bitcoin will not become a world reserve currency without mass adoption first. Unless you seriously believe that the banks and current financial status quo will voluntarily give up their source of power thereby in effect weakening their position, it is safe to assume that most people will not give up their power, this is well established in political thought and psychology.

We can circumvent and undermine their systems of command and control instead by adopting Bitcoin, only then would the status quo have to adopt Bitcoin in order to stay relevant. In regards to history supporting my argument, it does. You are missing out on the fact that during the long transition phase where we went from precious metals being the predominant form of currency moving towards paper money, this paper was still backed by gold. It was only until the nineteen seventies that the gold standard was abandoned completely. This is why my historical example still holds true.

In other words, after precious metals ceased to be the predominant form of currency, paper backed by precious metals became the predominant form of currency in the world, in this case gold. Over time of course this asset was eroded, first by fractional reserve banking in the nineteen thirties and later by the complete abolishment of the gold standard in the seventies. Therefore the masses did have gold in a meaningful way, this asset has been stolen from the people. This is the bait and switch that has been played on us by the governments and banks. Bitcoin allows us to have a true asset based currency again, a return to sound money. Money for the people by the people.

  Tell me another one...