Author

Topic: Gold collapsing. Bitcoin UP. - page 116. (Read 2032248 times)

legendary
Activity: 1764
Merit: 1002
July 15, 2015, 07:34:27 PM
I really couldn't care less how Mycelium has been a MAJOR force in bringing Bitcoin to the noobs

See this is the problem. "Noobs" preferring user interface and "ease-of-use" in place of robust, well designed software and then crying when the software fails them because of faulty implementation.

I've never used it, but Frap.doc is apparently a devoted fan of Mycelium and utterly distraught over its recent glitch.

Expecting 100% uptime from such a service and freaking out and declaring Bitcoin dead over a little outage is a professional noob move only he has mastered.

Speaking of professional noob maneuvers:



#REKT, please call your office.  Dr. LeBron Bitcoin is on line 2...something about a "vast GavinCoiner majority?"   Cheesy

when Mycelium, just a few days ago, invoked a fee bidding mechanism in their wallet, you were the first shill to jump up and down and scream "see fee mkt!"  now that they blow up, you throw them under the bus.  your sort of behavior is simply indicative of someone shilling for Blockstream while throwing shit all over the wall hoping something sticks.

You do realise everything you describe here applies to you.

You are the exact representation of someone throwing shit at the wall hoping any causality or correlation you can pull out your ass and defend your position will stick. It is the same story over and over again, you did it with sidechains and now you are at it again regarding the blocksize.

Was Mycelium correct in their intention to invoke a fee bidding mechanism? Yes

Are they running their wallet behind an admitted faulty node implementation? Yes



nice try noob.

you're another example of a shit thrower.  never provide any technical discussion or insight. 

in case you'd like to go back and review all my technical posts, including those in direct discussion with nullc, like with the UTXO and CNB stuff.  he actually tried to obfuscate and i've documented where he contradicts himself about UTXO being in RAM.  Peter R also proved with statistical significance my hunch that the defensive 0 tx blocks were indeed coming within a minute of full blocks.  it also appears i was right about those defensive blocks coming in the presence of bloated mempools.  i was in fact documenting these 0 tx blocks weeks before the spam attack as something strange happening.  i also think i'm right that the spammers are attacking as we've gotten close to filling blocks with real demand so as to disrupt new and existing users.  the attacks will continue to try and hinder that growth.  i've filled these pages with real technical and interpretive discussion about what's actually going on yet what do we get from idiots like you?  nothing.  nothing insightful except ad hominem attacks. 

brg444, you're useless.  admit it.  just like during the SC debate, you're contributing nothing.  nothing at all except trolling.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
July 15, 2015, 07:29:17 PM
speaking of Mike Hearn

anyone caught that one the other day?  Cheesy

http://log.bitcoin-assets.com/?date=11-07-2015#1197442

Quote
Luke-Jr:(it's ironic but true that Mike Hearn has written two changes in Bitcoin Core, and both of them introduced serious bugs..)

this is the one you chose to place your faith in frap.doc ?  Cheesy Cheesy
legendary
Activity: 4690
Merit: 1276
July 15, 2015, 07:23:26 PM

I don't know, but that alleged "vote" isn't reflected here:



The bleating Gavinistas' paeans to argumetum ad populum are getting very old and busted...

Hahahahaha.  The sad thing is that cypherdoc himself has like 5% 'distributed' among his far flung empire of hardware situated around the net.  No wonder the 'Show us your XT' thread has not been seen much these days.  I think XT has more shills on this forum than actual XT nodes.  FAIL!

On the other hand, as Hearn says, Bitcoin XT can run just fine with 5 copies of the blockchain worldwide.


i think the only revason we haven't seen any movement yet on XT is that Gavin is making one last attempt to work with Core dev.  if it doesn't work out then we'll have to see where he goes with the fork.  no one is suggesing Mike be lead core dev.  hence, the wait.

So says Cypherdoc.  Generalissimo, Free Shit Army.

I thought I heard noise about the core devs taking away Gavin's alert key one of these releases.  I'm sure I'm not the only one who feels that it was bad enough that they guy has not done much of anything worthwhile over the early part of his involvement in Bitcoin, but that there is utterly no point in having him around at all now that he as stopped doing anything at all except get in the way and attract fleas.  He is so irrelevant now that I'd be surprised if even Hearn would take him.

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
July 15, 2015, 07:23:03 PM
when Mycelium, just a few days ago, invoked a fee bidding mechanism in their wallet, you were the first shill to jump up and down and scream "see fee mkt!"  now that they blow up, you throw them under the bus.  your sort of behavior is simply indicative of someone shilling for Blockstream while throwing shit all over the wall hoping something sticks.

Perhaps you are confusing me with someone else.  I didn't previously mention Mycelium, and I'm not throwing them under the bus now.  Rather, I said downtime for a service is to be expected, not used (as you have) to justify yet another breathless announcement of Bitcoin's imminent demise.

If anything, I was referring to PT's tweet about Ninki's "really awesome" fee-bumping full-RBF wallet.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
July 15, 2015, 07:20:27 PM
I really couldn't care less how Mycelium has been a MAJOR force in bringing Bitcoin to the noobs

See this is the problem. "Noobs" preferring user interface and "ease-of-use" in place of robust, well designed software and then crying when the software fails them because of faulty implementation.

I've never used it, but Frap.doc is apparently a devoted fan of Mycelium and utterly distraught over its recent glitch.

Expecting 100% uptime from such a service and freaking out and declaring Bitcoin dead over a little outage is a professional noob move only he has mastered.

Speaking of professional noob maneuvers:



#REKT, please call your office.  Dr. LeBron Bitcoin is on line 2...something about a "vast GavinCoiner majority?"   Cheesy

when Mycelium, just a few days ago, invoked a fee bidding mechanism in their wallet, you were the first shill to jump up and down and scream "see fee mkt!"  now that they blow up, you throw them under the bus.  your sort of behavior is simply indicative of someone shilling for Blockstream while throwing shit all over the wall hoping something sticks.

You do realise everything you describe here applies to you.

You are the exact representation of someone throwing shit at the wall hoping any causality or correlation you can pull out your ass and defend your position will stick. It is the same story over and over again, you did it with sidechains and now you are at it again regarding the blocksize.

Was Mycelium correct in their intention to invoke a fee bidding mechanism? Yes

Are they running their wallet behind an admitted faulty node implementation? Yes

legendary
Activity: 1764
Merit: 1002
July 15, 2015, 07:14:53 PM
I really couldn't care less how Mycelium has been a MAJOR force in bringing Bitcoin to the noobs

See this is the problem. "Noobs" preferring user interface and "ease-of-use" in place of robust, well designed software and then crying when the software fails them because of faulty implementation.

I've never used it, but Frap.doc is apparently a devoted fan of Mycelium and utterly distraught over its recent glitch.

Expecting 100% uptime from such a service and freaking out and declaring Bitcoin dead over a little outage is a professional noob move only he has mastered.

Speaking of professional noob maneuvers:



#REKT, please call your office.  Dr. LeBron Bitcoin is on line 2...something about a "vast GavinCoiner majority?"   Cheesy

when Mycelium, just a few days ago, invoked a fee bidding mechanism in their wallet, you were the first shill to jump up and down and scream "see fee mkt!"  now that they blow up, you throw them under the bus.  your sort of behavior is simply indicative of someone shilling for Blockstream while throwing shit all over the wall hoping something sticks.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
July 15, 2015, 07:10:47 PM
Community and major stakeholders vote for a blocksize increase

Hmmm where did that ever happen  Huh

I sure hope by community and "major stakeholders" you are not referring to reddit and bitcointalk.org

good to see we have made some ground and are all in agreement on the other half of the sentence.

....core devs who seem to be working for a company with a severe conflict of interest decide the opposite.


I think it was made quite clear by a few of their developers that sidechains would actually benefit from bigger blocks...

Yes, hence no one is supporting 1MB blocks forever.

Hence, no conflict of interest.

Blockstream was created to scale Bitcoin to 1MB, and "eventually" beyond.

Not only no conflict, but indeed a confluence of interest.
legendary
Activity: 1764
Merit: 1002
July 15, 2015, 07:08:30 PM
Community and major stakeholders vote for a blocksize increase

Hmmm where did that ever happen  Huh

I sure hope by community and "major stakeholders" you are not referring to reddit and bitcointalk.org

good to see we have made some ground and are all in agreement on the other half of the sentence.

....core devs who seem to be working for a company with a severe conflict of interest decide the opposite.


I think it was made quite clear by a few of their developers that sidechains would actually benefit from bigger blocks...

i actually don't believe them given their extreme entrenchment of late.  i think they're just saying that as a hedge in case Gavin's fork is a huge success and they are forced to move, if allowed, to a bigger block chain.  then, they can just say they were for it all along. 
legendary
Activity: 1764
Merit: 1002
July 15, 2015, 07:06:05 PM

I don't know, but that alleged "vote" isn't reflected here:



The bleating Gavinistas' paeans to argumetum ad populum are getting very old and busted...

Hahahahaha.  The sad thing is that cypherdoc himself has like 5% 'distributed' among his far flung empire of hardware situated around the net.  No wonder the 'Show us your XT' thread has not been seen much these days.  I think XT has more shills on this forum than actual XT nodes.  FAIL!

On the other hand, as Hearn says, Bitcoin XT can run just fine with 5 copies of the blockchain worldwide.



i think the only revason we haven't seen any movement yet on XT is that Gavin is making one last attempt to work with Core dev.  if it doesn't work out then we'll have to see where he goes with the fork.  no one is suggesing Mike be lead core dev.  hence, the wait.
legendary
Activity: 1372
Merit: 1000
July 15, 2015, 06:55:51 PM
Community and major stakeholders vote for a blocksize increase

Hmmm where did that ever happen  Huh

I sure hope by community and "major stakeholders" you are not referring to reddit and bitcointalk.org

good to see we have made some ground and are all in agreement on the other half of the sentence.

....core devs who seem to be working for a company with a severe conflict of interest decide the opposite.


I think it was made quite clear by a few of their developers that sidechains would actually benefit from bigger blocks...

Yes, hence no one is supporting 1MB blocks forever.

Hence, no conflict of interest.

that's OK with me if you cant see it. I'm sure those devs will have a solution for greater transaction volume when they are ready.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
July 15, 2015, 06:45:07 PM
Community and major stakeholders vote for a blocksize increase

Hmmm where did that ever happen  Huh

I sure hope by community and "major stakeholders" you are not referring to reddit and bitcointalk.org

good to see we have made some ground and are all in agreement on the other half of the sentence.

....core devs who seem to be working for a company with a severe conflict of interest decide the opposite.


I think it was made quite clear by a few of their developers that sidechains would actually benefit from bigger blocks...

Yes, hence no one is supporting 1MB blocks forever.

Hence, no conflict of interest.
legendary
Activity: 1372
Merit: 1000
July 15, 2015, 06:40:26 PM
Community and major stakeholders vote for a blocksize increase

Hmmm where did that ever happen  Huh

I sure hope by community and "major stakeholders" you are not referring to reddit and bitcointalk.org

good to see we have made some ground and are all in agreement on the other half of the sentence.

....core devs who seem to be working for a company with a severe conflict of interest decide the opposite.


I think it was made quite clear by a few of their developers that sidechains would actually benefit from bigger blocks...

Yes, hence no one is supporting 1MB blocks forever.
legendary
Activity: 4690
Merit: 1276
July 15, 2015, 06:39:45 PM

I don't know, but that alleged "vote" isn't reflected here:



The bleating Gavinistas' paeans to argumetum ad populum are getting very old and busted...

Hahahahaha.  The sad thing is that cypherdoc himself has like 5% 'distributed' among his far flung empire of hardware situated around the net.  No wonder the 'Show us your XT' thread has not been seen much these days.  I think XT has more shills on this forum than actual XT nodes.  FAIL!

On the other hand, as Hearn says, Bitcoin XT can run just fine with 5 copies of the blockchain worldwide.

hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
July 15, 2015, 06:38:37 PM
Community and major stakeholders vote for a blocksize increase

Hmmm where did that ever happen  Huh

I sure hope by community and "major stakeholders" you are not referring to reddit and bitcointalk.org

good to see we have made some ground and are all in agreement on the other half of the sentence.

....core devs who seem to be working for a company with a severe conflict of interest decide the opposite.


I think it was made quite clear by a few of their developers that sidechains would actually benefit from bigger blocks...
legendary
Activity: 1372
Merit: 1000
July 15, 2015, 06:27:15 PM
Community and major stakeholders vote for a blocksize increase

Hmmm where did that ever happen  Huh

I sure hope by community and "major stakeholders" you are not referring to reddit and bitcointalk.org

good to see we have made some ground and are all in agreement on the other half of the sentence.

....core devs who seem to be working for a company with a severe conflict of interest decide the opposite.
legendary
Activity: 1372
Merit: 1000
July 15, 2015, 06:09:56 PM
mythology
It's ironic the degree to which your superstitions mirror the ones described by Lloyd de Mause in the link I provided.

This is not mythology, this is reality:

Private property rules are always guaranteed by organized violence of the state mafia.

The idea of private property is a meme, it all starts when one can justify denying land to some but not others with the use of a moral code, it is effectively enforced through force, the effectiveness of the meme, is those who are deprived very often understand the meme better than they the natural order of property.
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
July 15, 2015, 05:50:14 PM
Community and major stakeholders vote for a blocksize increase



Hmmm where did that ever happen  Huh

I sure hope by community and "major stakeholders" you are not referring to reddit and bitcointalk.org

I don't know, but that alleged "vote" isn't reflected here:



The bleating Gavinistas' paeans to argumetum ad populum are getting very old and busted...
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
July 15, 2015, 05:39:57 PM
Community and major stakeholders vote for a blocksize increase

Hmmm where did that ever happen  Huh

I sure hope by community and "major stakeholders" you are not referring to reddit and bitcointalk.org
legendary
Activity: 1176
Merit: 1000
July 15, 2015, 05:22:03 PM
what we're witnessing is Blockstream core dev forcing Bitcoin into their vision of what it should be.  not Satoshi's vision.  

nor the vast majority of the community's vision.

I have to say I agree. Overtones of Greece here. Community and major stakeholders vote for a blocksize increase - core devs who seem to be working for a company with a severe conflict of interest decide the opposite.

The sooner there are viable alternatives to core the sooner it will not be possible to hijack the idea and dream that is bitcoin for personal gain..

EDIT: Suggesting that bitcoin is better off with a bidding war on fees to allow a transaction on the blockchain when it is limited to 3 transactions per second written to the chain is ludicrous for a nascent digital global currency. Suggesting that the network cannot sustain more and scale further is clearly a lie propagated by a small group who have a conflict of interest.


legendary
Activity: 1260
Merit: 1116
July 15, 2015, 05:02:21 PM
Perma-capping at 1MB, <3tps globally, and forcing fee growth now is akin to the Greeks jumping out of their wooden horse when Troy first comes into view.

A better strategy, while block reward is comparatively huge, is to scale up tx volume capacity (within reasonable hardware/bandwidth limits) until we have been successfully rolled inside the curtain wall of world finance. Once safely inside, the world will discover that blockspace is a limited resource in the face of (much) larger tx volumes, and the resulting fee market will rise to displace a dwindling block reward. I thought this was the plan all along?

Sure, it may not help, in the short term, the centrally planned artificial bottleneck to promote sidechains, nor incentivize people to move to altcoins. Not suggesting that this is a winner take all game with respect to on-chain vs sidechains vs alts, just that we shouldn't use maxblocksize to steer (centrally plan) their development and adoption.

Making a straw man out of a little black african boy is in poor taste Cry Looking at iCEBLOW and frappe.doc here.  Grin

imho this is about the best sum up of the block size debate. As a long time 'max block size ftw' believer, I've recently come to accept there probably ought to be some limit, but i think this is discoverable over time and will be a result of some kind of 'market efficiency' process, rather than an arbitrary limit set in the (still) very early days. Certainly there is no way right now to predict what that limit should be imho, so we have to take the lid off and see hoe things play out.

Interesting approach.


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