BUcoin is officially dead - page 3. | Bitcointalksearch.org

chopstick

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Activity: 992

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Quote from: Carlton Banks on March 15, 2017, 01:25:56 PM

Quote from: BillyBobZorton on March 15, 2017, 01:13:59 PM

Sorry but the killer bitcoin app is digital gold. Bitcoin will never be optimal for payments until LN is operative.

Bitcoin (at today's exchange rate) works fine with the type of merchants who accept it anyway: online shops that mail the goods to you. For that, instant confirmations, or even confirmation in the next block just isn't needed, the goods will take a day or more to arrive anyway.

This is just ignorant. The high fees are causing havoc for both merchants and customers. Merchants don't want to send an order unless they know 100% that it is going to confirm. This is causing huge headaches for businesses that accept bitcoin.

chopstick

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Quote from: BillyBobZorton on March 15, 2017, 01:13:59 PM

Meanwhile the price keeps going up because people value bitcoin as a store of value outside of the system rather than a way to buy shit that can be bought with fiat anyway.

Sorry but the killer bitcoin app is digital gold. Bitcoin will never be optimal for payments until LN is operative.

Core wins and you keep crying with your BUchinacoin while thinking alts are taking over when it's just DASH pump by Roger Ver which will collapse as soon as money stops being pumped on it.

What you people fail to understand, is that as Bitcoin loses its utility and number of use cases it will also inevitably lose value, making it a poor store of value.

"Blah blah blah Chinacoin blah blah blah Roger Ver," that part of your post is just stupid FUD as usual, which is all you have for logic. No brains.

We should have the ability to choose between on-chain and off-chain scaling ourselves, or at-least have both, not have the solution forced onto us by people who think they know better (hint: they don't)

kingcolex

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Activity: 254

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Quote from: BillyBobZorton on March 15, 2017, 01:13:59 PM

Quote from: chopstick on March 15, 2017, 12:30:59 PM

Bitcoin's marketshare has dropped below 80% for the first time.

Bitcoin businesses are dropping Bitcoin as a payment method left and right.

Yeah, bitcoin is fine. We don't need any competing implementations. All we need is Blockstream Kore. Their leadership is perfect and ONLY they know the true way forward Roll Eyes

Lightning Network will solve ALL our problems when it's finally released 5 years from now! /s

The truth is that BlockstreamKore are a fucking cancer that need to be removed with some kind of laxative.

If they aren't removed, then bye bye Bitcoin as the #1 Coin - Either Monero or Dash or Ethereum will take over the majority of marketshare.

Meanwhile the price keeps going up because people value bitcoin as a store of value outside of the system rather than a way to buy shit that can be bought with fiat anyway.

Sorry but the killer bitcoin app is digital gold. Bitcoin will never be optimal for payments until LN is operative.

Core wins and you keep crying with your BUchinacoin while thinking alts are taking over when it's just DASH pump by Roger Ver which will collapse as soon as money stops being pumped on it.

This is half right, yes Bitcoin price is increasing due to investors they can use it as a nice way to hold value without much market interference like gold does, but it also can't be changing and forking or it will scare investors away. The fee market will be there when blocks dry up because if you look at Gold ETF it is transferred a ton everyday if we are close to that in 100 years the blocks will still be full of fees and lucrative for miners, if it isn't difficulty will drop until it is, there is no issue. Now about dash, it will most likely drop yes but it now has people's attention and it does has the ability to be the payment processor coin, i say sell now and buy back in and keep a decent profit.

Carlton Banks

legendary

Activity: 3430

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Quote from: BillyBobZorton on March 15, 2017, 01:13:59 PM

Sorry but the killer bitcoin app is digital gold. Bitcoin will never be optimal for payments until LN is operative.

I disagree with this a little.

Bitcoin (at today's exchange rate) works fine with the type of merchants who accept it anyway: online shops that mail the goods to you. For that, instant confirmations, or even confirmation in the next block just isn't needed, the goods will take a day or more to arrive anyway.

With LN, I think IRL bricks and mortar merchants are the most appropriate use case. It requires a fair amount of trust to actually route the payment through a merchant's own personal Lightning node to pay them, they could try and exploit that in a couple of ways (Lightning isn't perfect). With in-person merchants, they're incentivised to be co-opeative with their customers, one can get alot of information about whether the merchant will still be selling from the same spot the next day, or the next month. This would reduce the risks of using Lightning to virtually zero, IRL shops have a powerful incentive to behave themselves as a result. With online shops, you can't always be so confident that way. And of course, instant transfers will be far preferable with IRL purchases, so it seems like a perfect fit.

Vaccinus

sr. member

Activity: 406

Merit: 250

Quote from: jonald_fyookball on March 14, 2017, 08:08:14 PM

Sorry to burst your bubble. Im sure the bug will be fixed and BU back up and running. It's not like Bitcoin never had a serious bug before.

#keepinitreal

but it was when the value was really low man, now the value is very high having a bug like that could seriously compromise the integrity of the bitcoin market, the coders of BU didn't test ti right they are seeing now this bug because antpool joined their network

BillyBobZorton

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Activity: 1204

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Quote from: chopstick on March 15, 2017, 12:30:59 PM

Bitcoin's marketshare has dropped below 80% for the first time.

Bitcoin businesses are dropping Bitcoin as a payment method left and right.

Yeah, bitcoin is fine. We don't need any competing implementations. All we need is Blockstream Kore. Their leadership is perfect and ONLY they know the true way forward Roll Eyes

Lightning Network will solve ALL our problems when it's finally released 5 years from now! /s

The truth is that BlockstreamKore are a fucking cancer that need to be removed with some kind of laxative.

If they aren't removed, then bye bye Bitcoin as the #1 Coin - Either Monero or Dash or Ethereum will take over the majority of marketshare.

Meanwhile the price keeps going up because people value bitcoin as a store of value outside of the system rather than a way to buy shit that can be bought with fiat anyway.

Sorry but the killer bitcoin app is digital gold. Bitcoin will never be optimal for payments until LN is operative.

Core wins and you keep crying with your BUchinacoin while thinking alts are taking over when it's just DASH pump by Roger Ver which will collapse as soon as money stops being pumped on it.

chopstick

legendary

Activity: 992

Merit: 1000

Bitcoin's marketshare has dropped below 80% for the first time.

Bitcoin businesses are dropping Bitcoin as a payment method left and right.

Yeah, bitcoin is fine. We don't need any competing implementations. All we need is Blockstream Kore. Their leadership is perfect and ONLY they know the true way forward Roll Eyes

Lightning Network will solve ALL our problems when it's finally released 5 years from now! /s

The truth is that BlockstreamKore are a fucking cancer that need to be removed with some kind of laxative.

If they aren't removed, then bye bye Bitcoin as the #1 Coin - Either Monero or Dash or Ethereum will take over the majority of marketshare.

jonald_fyookball

legendary

Activity: 1302

Merit: 1004

Core dev leaves me neg feedback #abuse #political

Quote from: rico666 on March 15, 2017, 04:27:43 AM

Quote from: jonald_fyookball on March 14, 2017, 10:31:01 PM

Quote from: FiendCoin on March 14, 2017, 10:18:26 PM

Hello jonald_fyookball Grin

BTU is trash lol, seriously, please stop championing it.

um...no?

Well - continue then, but with the shitface in your avatar pic you're doing a great anti-job. Almost Rawdog class.

Rico

haha... you made my day because no one ever bothered to comment on my avatar pic before...so thank you

That's "Brian" (Jim Breuer) from the movie Half Baked with Dave Chappelle. Pretty good comedy.

Kprawn

legendary

Activity: 1904

Merit: 1073

Let me give you a glimps into the crystal ball.... BU team will say, "Nah, this is nothing and we openly admitted to this mistake and fixed it." The

hardcore BU supporters will "patch" and go on as if nothing happened. Let's not throw stones, when we know Bitcoin Core also nearly dropped the

ball a few years ago. Bitcoin "holes" has been fixed, by the same guy that are now behind BU. {Gavin} Roll Eyes

aarturka

sr. member

Activity: 277

Merit: 250

No doubt, there are and will be many other bugs in unlimited. Some of them because of ignorence of unlim devs, some will be put intentionally to compromise Bitcoin, because all unlim shills and roger ver are altcoiners and they are trying to destroy Bitcoin. Sad

thejaytiesto

legendary

Activity: 1358

Merit: 1014

Quote from: jonald_fyookball on March 14, 2017, 09:04:46 PM

i'll be here giving free hugs when you're crying over BU having taken control from Blockstream. Kiss

Pretty sure you will die before that ever happens. Don't worry, we rich BTC holders with extended life via high tech will attend your funeral, we'll be there to put some flowers.

Velkro

legendary

Activity: 2296

Merit: 1014

Quote from: pereira4 on March 14, 2017, 07:12:22 PM

Let this be a reminder of what happens when you try to pass the development of a 20 billion dollar project into a bunch of idiots instead of sticking with the time-tested, world-class coders with a conservative mindset that have guaranteed our holdings stay safe for 7+ years.

Agree so much i can't write this enough.
Especially this part: "conservative mindset that have guaranteed our holdings".
This is more needed than rush decisions in matter of blocksize. This is everything, conservative mindset and approach is a must!!

franky1

legendary

Activity: 4214

Merit: 4458

Quote from: Holliday on March 15, 2017, 03:35:50 AM

Quote from: franky1 on March 15, 2017, 03:31:31 AM

diversity is good.

imagine(shoe on other foot) if the network was just core only and they had a bug..
...
(2013: AKA Sipa's big leveldb boo boo) caused more real damage than just a few nodes going offline

however by having many different implementations and being diverse. means people can just run a different node until a bug is fixed.

devs need to start acting independent and helping eachother out.
but if core want to kill(rekt) the network to become kings. then users wont have diversity to protect them, expect another 2013 Sipa boo boo

You know franky1, leveldb was rnike heam's brainchild, right?

you know the issue was about something not fixed between berkely and leveldb, where by it was not (prior to bug) seen that going for the more efficient LevelDB(which we use today) would cause issues for the berkely locks. and wuille did not see this when he helped migrate to leveldb that the locks would cause issues in his many 'efficiency additions' to 0.8.0

separately why did you intentionally write mike hearns name using RNike heaM (lower case looks like.. rnike heam)
i have noticed a few people play with this. you and it seems icebreaker likes to spell it heaM too many times to just be a typo

i have also noticed that certain people use certain buzzwords repeatedly that it became obvious there must be a reason.
BTUcoin, conservative. ad-hom

im guessing there must be a REKT competition going on where certain words/spellings need to be used to be picked up by search

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Maybe the nodes number dropped but I see nothing changing on the the miners signalling , they are almost at 33%. If that continues, It will get activated anyway. Also, since It's a programming bug, can't they simply make a commit and fix it or It can't be done at this point? If this is a fork from "Bitcoin" original repository, how come that Bitcoin core don't have it while they do?

Slark

legendary

Activity: 1862

Merit: 1004

Quote from: jonald_fyookball on March 14, 2017, 08:08:14 PM

Sorry to burst your bubble. Im sure the bug will be fixed and BU back up and running. It's not like Bitcoin never had a serious bug before.

#keepinitreal

It is not a first time when we have major bug in Bitcoin Unlimited code.

I remember not that long time ago, month or so, BU pool mined an invalid block which was rejected by the rest of the network due to its invalid size.

As a result Core nodes banned BU nodes for 24 hours and it could have been much worse. I wonder how many more bugs BU has.

rico666

legendary

Activity: 1120

Merit: 1037

฿ → ∞

Quote from: jonald_fyookball on March 14, 2017, 10:31:01 PM

Quote from: FiendCoin on March 14, 2017, 10:18:26 PM

Hello jonald_fyookball Grin

BTU is trash lol, seriously, please stop championing it.

um...no?

Well - continue then, but with the shitface in your avatar pic you're doing a great anti-job. Almost Rawdog class.

Rico

Holliday

legendary

Activity: 1120

Merit: 1010

Quote from: franky1 on March 15, 2017, 03:31:31 AM

diversity is good.

imagine(shoe on other foot) if the network was just core only and they had a bug..
...
(2013: AKA Sipa's big leveldb boo boo) caused more real damage than just a few nodes going offline

however by having many different implementations and being diverse. means people can just run a different node until a bug is fixed.

devs need to start acting independent and helping eachother out.
but if core want to kill(rekt) the network to become kings. then users wont have diversity to protect them, expect another 2013 Sipa boo boo

You know franky1, leveldb was rnike heam's brainchild, right?

franky1

legendary

Activity: 4214

Merit: 4458

diversity is good.

imagine(shoe on other foot) if the network was just core only and they had a bug..
...
(2013: AKA Sipa's big leveldb boo boo) caused more real damage than just a few nodes going offline

however by having many different implementations and being diverse. means the network continues and people can just run a different node until a bug is fixed.

devs need to start acting independent and helping eachother out.
but if core want to kill(rekt) the network to become sole dominant kings. then users wont have diversity to protect them, expect another 2013 Sipa boo boo

pinkflower

sr. member

Activity: 868

Merit: 259

Quote from: pereira4 on March 14, 2017, 07:12:22 PM

http://www.coindesk.com/code-bug-exploit-bitcoin-unlimited-nodes/

Let this be a reminder of what happens when you try to pass the development of a 20 billion dollar project into a bunch of idiots instead of sticking with the time-tested, world-class coders with a conservative mindset that have guaranteed our holdings stay safe for 7+ years.

This also proves most BU nodes were single entities with big pockets, probably the work of none other than Bitcoin Jesus himself.

If Jihan Wu, Roger Ver and Gavin Andressen still promote this garbage, we all know they don't even care about their holdings and have ulterior motives beyond the idea of naive good intentions.

Thats a really bad rep for Bitcoin Unlimited developers. But if the miners support them then what will stop BTC from doing the hard fork? The supporters of the hard fork to Bitcoin Unlimited have said that the network will not split into two. I think it will. Core developers, miners and supporters will never give it up.

Is there a guide on how to split your coins? I think we will need that now.

Carlton Banks

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Activity: 3430

Merit: 3071

Quote from: Holliday on March 14, 2017, 10:16:00 PM

Quote from: jonald_fyookball on March 14, 2017, 09:04:46 PM

i'll be here giving free hugs when you're crying over BU having taken control from Blockstream. Kiss

So BU wants to "take control" of Bitcoin, huh?

you're SLIPPING jonald.

Topic: BUcoin is officially dead - page 3. (Read 4387 times)