Topic: Bitcoin XT - Officially #REKT (also goes for BIP101 fraud) - page 99. (Read 378996 times)

blockchain.info was hacked for several times

bitpay = almost bankrupt

coinbase = financed by same shareholders as Bitstamp, BTC China, Bitfinex, etc....so they don't cover the expenses. they are financed;nothing more. if coinbase would be left without capital injections, they won't be able to cover the expenses from what they "produce"

I, for one, am sitting on my BTC in anticipation of sidechains.  Were it not for that I very well may have sold a few the other day though Coinbase since the price got within striking distance of what I wanted before doing any more adjustments.  As it is I have not made a Bitcoin transaction for about a year and a half now.

I don't even want to use use blockchain.info any more since Ver has been such a disappointing sellout.  Sometime before Coinbase has a chance to XTaint the BTC of mine that they control (and keep the real BTC for themselves) I'll pull off what I have at risk with them and, again, hopefully I can send them straight to someone who has a realistic sidechain prototype going (and some semblance of ethics which align with my own.)  My only use for Coinbase going forward will be to dump my XTainted coins after *I* split them.

It has not turned. I said it always. Those who fight XT every day and all day long are fighting a proxy war. But they don't want to listen.

So that's what the narrative has turned into heh 

Whatever happens to XT, it died for our freedom. May it lives in martyrdom!

The blockstream shills here should risk a bet. Next year this time we'll have at least a doubled blocksize cap, triggered by XT, and Mister Maxwell can't do anything against it, because of lacking economic power.

For high values of 0 per thousand they have a majority 

Is there a fancy countdown or something?

 

XT is triggering big blocks coming next year, via several implementations.

[–]Noosterdam 4 Punkte vor 34 Minuten

It wasn't a mistake. Gavin did the right thing by exerting exit pressure (XT) rather than voice pressure (staying in Core), because having one monolithic implementation has already become Bitcoin's weak point. People think XT needs to reach 75% of mining power for it to succeed, but it doesn't. It just needs to hang over Core's head. Exit pressure is stronger than voice pressure, and it helps crack the centralization weak point of Core. Short term, we suffer some pain due to delayed blocksize increase, but long term we are spared greater pain by entering billion or trillion dollar market caps without the millstone of centralized development.

and XT has 426 nodes as well as 0 blocks out of the last 1000 mined.

what "economic majority" are you speaking of ?

Fiat has billions of users. But "it's the economy, stupid!"

Bitcoin have millions of users.





not customers.

To have Millions of customers (coinbase, bitpay, blockchain.info) is better than having no customers (blockstream).
That's the reason why the companies with the customers will win the race.
"It's the economy, stupid!"

Millions of customers with a grand total of 1M (maybe) BTC in between them.

Such economic majority  

Did we forget Bitpay was on the verge of bankruptcy 1 month ago?

Blockstream has some shills, but no customers. Coinbase, Bitpay and Blockchain.info have millions of customers. That's the difference.

Forking is dangerous and messy, I remember when DOGE hard forked and the guys at BTCe were sleeping, what a mess!

I see justusranvier doing his best to stoop to new lows everyday. At this point I can only believe he's getting paid for his opinion.

Coinbase, Bitpay & Bc.info the "economic majority"?

This is all sorts of hilarious.

Oh goodie, Free Money!  What's not to love?

[–]Noosterdam 4 Punkte vor 34 Minuten

It wasn't a mistake. Gavin did the right thing by exerting exit pressure (XT) rather than voice pressure (staying in Core), because having one monolithic implementation has already become Bitcoin's weak point. People think XT needs to reach 75% of mining power for it to succeed, but it doesn't. It just needs to hang over Core's head. Exit pressure is stronger than voice pressure, and it helps crack the centralization weak point of Core. Short term, we suffer some pain due to delayed blocksize increase, but long term we are spared greater pain by entering billion or trillion dollar market caps without the millstone of centralized development.


   
[–]Noosterdam 4 Punkte vor 30 Minuten

No matter the case, the economic majority can always avoid any such depredations by forking. That's why those in control of Core must frame forking as dangerous and messy. Forking is the only final way for the economic majority to convey its will. By keeping the conversation focused on Voice, they hope to hide from you the easy sidestep of Exit. If you discover Exit, you will be falsely told you are exiting the ledger rather than just the protocol ("XT is an altcoin!"), and if you still don't comply you will be silenced and neutered through "moderation."

 
[–]justusranvier [Bewertung versteckt] vor 11 Minuten

Bitcoin is - for good or for ill - going to follow those who produce the majority of the economic value.

Whether we like it or not, Coinbase, Bitpay and Blockchain.info have a lot of power because when they exit they can convince more people to follow them because of positive economics:

"Follow me and I'll give you the things that you want: access to liquidity, merchants, and users."

The 1MB side can't do that because they don't have a positive economic value to offer, or at least what they're selling doesn't have many customers.

All they can offer is negative economics:

"Follow me and I'll refrain from verbally abusing you."

I'll be enjoying your big blocks next year when I split my bitcoins and dump the bloatcoin competent.  Bring it on!