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Topic: BitPay stands for many 1000 of shops. They are economic relevant users! - page 2. (Read 850 times)

legendary
Activity: 1372
Merit: 1252
Thats what UASF meant to be, users deciding what Bitcoin is. BitPay, Coinbase and other NYA signers have most Bitcoin economic activity, so it is fair they influence the most what Bitcoin really is. And as always for the small guys who disagree: if you dont like it, just use some other altcoin (I heard it so many times with relation to Bitcon fees from them so now its their turn to choose altcoin instead)

Wrong, owners of bitcoins influence community consensus by trading in open market and determnining what chain is the most valuable and deserves the most resources in a form of PoW. Companies like Coinbase and BitPay don't represent the will of their customers, but they can force their decision on them, since they control the private keys. When it comes to forks with no replay protection, it becomes especially dangerous, because it will for sure make many people lose their coins on both chains.

I wonder how many failed hardforks will it take for corporate fiat hyenas to understand that in bitcoin you only matte if you are holding the damn thing. These CEOs of whatever corporation don't matter, they don't hold bitcoin, they hold fiat, USD, EUR or whatever, they don't want the best for Bitcoin, they want the best for the fiat they are holding and getting paid in, and losing their BTC on. 

Unfortunately, they do have an impact on the price, because they create FUD, crashing the price.
legendary
Activity: 3038
Merit: 2162
Thats what UASF meant to be, users deciding what Bitcoin is. BitPay, Coinbase and other NYA signers have most Bitcoin economic activity, so it is fair they influence the most what Bitcoin really is. And as always for the small guys who disagree: if you dont like it, just use some other altcoin (I heard it so many times with relation to Bitcon fees from them so now its their turn to choose altcoin instead)

Wrong, owners of bitcoins influence community consensus by trading in open market and determnining what chain is the most valuable and deserves the most resources in a form of PoW. Companies like Coinbase and BitPay don't represent the will of their customers, but they can force their decision on them, since they control the private keys. When it comes to forks with no replay protection, it becomes especially dangerous, because it will for sure make many people lose their coins on both chains.
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
BitPay should be noticed when they have a say what 'users' want.
They stand for voice of a huge merchant community watching the usability and risks of bitcoin's protocol.

If they 'say' it will influence many other merchants accepting or thinking of bitcoin.

Their business suffers from too high fees and LN or other 2nd layer scalings are yet no or no quick, safe options.

What do you users really want? Alts taking over here?

High transaction fees are a problem. Is the developers don't listen to the voice of a majority of people, they run the risk of people switching to Bitcoin Cash. Now you don't need other alts to take over.
legendary
Activity: 1470
Merit: 1079
Quote from: hv_ LinkedIn=topic=2104633.msg21032432#msg21032432 date=1503213799
BitPay should be noticed when they have a say what 'users' want.
They stand for voice of a huge merchant community watching the usability and risks of bitcoin's protocol.

If they 'say' it will influence many other merchants accepting or thinking of bitcoin.

Their business suffers from too high fees and LN or other 2nd layer scalings are yet no or no quick, safe options.

What do you users really want? Alts taking over here?

It is not what users want, it is what BitPay wants (NYA).

Apart from BitPay there are other bitcoin payment gateways/ service providers for merchants.

Already two LN wallets have been tested on the bitcoin testnet. Wait for LN to be implemented and PoS's to integrate it.

I guess what users want is microtransactions/transactions at the lowest fee, what merchants want is instant transaction/confirmations, globally what users want is cross border transactions at 1/3 the fee of centralized services. Guess it is possible with LN.

If the alt is BCH, I don't see how pumping alone pushes a no real world usage coin, the recent  surge is just pumping. It would drop below $600 by tomorrow or day after tomorrow. So I don't think alts are taking over.
sr. member
Activity: 276
Merit: 254
Thats what UASF meant to be, users deciding what Bitcoin is. BitPay, Coinbase and other NYA signers have most Bitcoin economic activity, so it is fair they influence the most what Bitcoin really is. And as always for the small guys who disagree: if you dont like it, just use some other altcoin (I heard it so many times with relation to Bitcon fees from them so now its their turn to choose altcoin instead)
legendary
Activity: 1372
Merit: 1252
BitPay should be noticed when they have a say what 'users' want.
They stand for voice of a huge merchant community watching the usability and risks of bitcoin's protocol.

If they 'say' it will influence many other merchants accepting or thinking of bitcoin.

Their business suffers from too high fees and LN or other 2nd layer scalings are yet no or no quick, safe options.

What do you users really want? Alts taking over here?

The insanely huge hipocrisy of clamining everyone that uses BitPay is ok with whatever the NYC agreement says is typical of the big blocker's delusional mindset.

If you think any of the casual users that use BitPay automatically agree with the NYC agreement you must be on crazy pills. None of these people know what the fuck is going on with Bitcoin, they are the casual users that may buy a game or two on Steam and whatnot. This doesn't mean they sign the NYC agreement too, mostly because they aren't even qualified to understand what the matter is.

Nice job by big blockers taking people hostage and claiming they agree with their bullshit. Have fun explaining them how your idea is so awesome as the price crashes heavily come November when Jeff Garzik, the blockchain inspector, pushes his agenda and shitty malware on users.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
Bitpay has absolutely no right to speak for anybody except themselves!

BitPay are speaking for themselves, despite the obvious fact that certain egos within this community wish they couldn't and will do everything in their power to silence opposing views, all whilst they exert their decidedly narrow views on everyone.  If anything, it's bitcoin.org that like to pretend they speak for everyone (while not letting them speak and removing BitPay/CoPay from their website, along with anything else the egomaniacs who run the site personally disagree with).  The hypocrisy about "speaking for" people is beyond staggering here, especially on this forum.  Clearly neutrality and impartiality are all but dead in this conflict.  All I see now are a bunch of rabid fanboys flailing at each other like they have special needs.  It's just sad.

Personally, I'm just gonna sit back and enjoy the spectacle as impartially as possible, whilst occasionally (actually, that's a lie, frequently) passing disparaging comments about how pathetic most of the people involved are in trying to feebly dictate a narrative they clearly have no control over.  Consensus will decide and you're all idiots for pretending otherwise.  No amount of suppression, restriction, concealment or interdiction will change this.  Fight it as much as you want, because authoritarianism is weak and pitiful in a permissionless environment.  These paltry amateur dramatics are pretty much irrelevant.  It all rides on numbers now and that's all that matters.

Whoever "wins", (most of) you all still suck.  History will forever judge this period in time as one of childish, infantile bickering and little else.  One way or another, there will be a longest chain with the most proof of work and anyone with any sense will be following it.

It really looks like some group wanna undo, revoke, revert 8 successful years of bitcoin bootstrapping across all levels of society and user levels. For what benefit? Serving egos? power?

Bitcoin has just grown too big for single (group) minds and this is good.

The process of diversifying was seen too long in the alts section - not good - but with diversifying into different dev groups, clients on bitcoin this should stop soon, I hope !

We need more merchants to take over and claim their user rights, I wd feel much better with this as having ranting rasp pi users in the driver seats - unstability and bad reputation programmed!
legendary
Activity: 3948
Merit: 3191
Leave no FUD unchallenged
Bitpay has absolutely no right to speak for anybody except themselves!

BitPay are speaking for themselves, despite the obvious fact that certain egos within this community wish they couldn't and will do everything in their power to silence opposing views, all whilst they exert their decidedly narrow views on everyone.  If anything, it's bitcoin.org that like to pretend they speak for everyone (while not letting them speak and removing BitPay/CoPay from their website, along with anything else the egomaniacs who run the site personally disagree with).  The hypocrisy about "speaking for" people is beyond staggering here, especially on this forum.  Clearly neutrality and impartiality are all but dead in this conflict.  All I see now are a bunch of rabid fanboys flailing at each other like they have special needs.  It's just sad.

Personally, I'm just gonna sit back and enjoy the spectacle as impartially as possible, whilst occasionally (actually, that's a lie, frequently) passing disparaging comments about how pathetic most of the people involved are in trying to feebly dictate a narrative they clearly have no control over.  Consensus will decide and you're all idiots for pretending otherwise.  No amount of suppression, restriction, concealment or interdiction will change this.  Fight it as much as you want, because authoritarianism is weak and pitiful in a permissionless environment.  These paltry amateur dramatics are pretty much irrelevant.  It all rides on numbers now and that's all that matters.

Whoever "wins", (most of) you all still suck.  History will forever judge this period in time as one of childish, infantile bickering and little else.  One way or another, there will be a longest chain with the most proof of work and anyone with any sense will be following it.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
BitPay should be noticed when they have a say what 'users' want.
They stand for voice of a huge merchant community watching the usability and risks of bitcoin's protocol.

If they 'say' it will influence many other merchants accepting or thinking of bitcoin.

Their business suffers from too high fees and LN or other 2nd layer scalings are yet no or no quick, safe options.

What do you users really want? Alts taking over here?

Bitpay has absolutely no right to speak for anybody except themselves!
Merchants can chosse other payment processors of they want, Bitpay is not the only one out there.
These guys have lost a lot of credibility in the industry since they are just another echo chamber and paid shills by Jihan.
I expect them to close their doors in a few years and new implementations in BTC will make their business model obsolete.

Quite interesting that some single guy is now responsible for    ...  what?

Some of us have too easy denking...
sr. member
Activity: 644
Merit: 264
Aurox
BitPay should be noticed when they have a say what 'users' want.
They stand for voice of a huge merchant community watching the usability and risks of bitcoin's protocol.

If they 'say' it will influence many other merchants accepting or thinking of bitcoin.

Their business suffers from too high fees and LN or other 2nd layer scalings are yet no or no quick, safe options.

What do you users really want? Alts taking over here?

Well bitpays is not the only one who are looking at that direction. But their voice as you said is one big help to the merchant community and to all bitcoin users. The high fees did not went down even after the segwit activation and after the blocksize is increased. Users are expecting that the reduction of transaction fee will occur but it was not realized. But anyway let us hope for more sites like bitpay and we should rise and ask to lessen the transaction fees.
legendary
Activity: 1442
Merit: 1016
BitPay should be noticed when they have a say what 'users' want.
They stand for voice of a huge merchant community watching the usability and risks of bitcoin's protocol.

If they 'say' it will influence many other merchants accepting or thinking of bitcoin.

Their business suffers from too high fees and LN or other 2nd layer scalings are yet no or no quick, safe options.

What do you users really want? Alts taking over here?

Bitpay has absolutely no right to speak for anybody except themselves!
Merchants can chosse other payment processors of they want, Bitpay is not the only one out there.
These guys have lost a lot of credibility in the industry since they are just another echo chamber and paid shills by Jihan.
I expect them to close their doors in a few years and new implementations in BTC will make their business model obsolete.
hv_
legendary
Activity: 2534
Merit: 1055
Clean Code and Scale
BitPay should be noticed when they have a say what 'users' want.
They stand for voice of a huge merchant community watching the usability and risks of bitcoin's protocol.

If they 'say' it will influence many other merchants accepting or thinking of bitcoin.

Their business suffers from too high fees and LN or other 2nd layer scalings are yet no or no quick, safe options.

What do you users really want? Alts taking over here?
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