Topic: Gold collapsing. Bitcoin UP. - page 23. (Read 2032247 times)

Quote from: smoothie on August 16, 2015, 07:29:07 AM

Side chains are certainly altcoins.

Maybe in your universe.

Lol how are they not?

They are essentially watered down versions of Bitcoin lol with a separate block chain.

Side chains are implemented on top of bitcoin - they dont directly change the underlying protocol, only interact with it - like a wallet would.

However, some changes to core are required to support certain sidechain proposals.

Edit: Actually, when you tke into account the tokens for using sidechains ( eth, factoids, etc.) then, yeah, the lines really do begin to blur. Maybe call it alt-coin-lite? Grin

smooth

legendary

Activity: 2968

Merit: 1198

Quote from: Odalv on August 16, 2015, 07:25:48 AM

Quote from: Erdogan on August 16, 2015, 07:24:59 AM

Side chains are certainly altcoins.

Maybe in your universe.

Lol how are they not?

They are essentially watered down versions of Bitcoin lol with a separate block chain.

They're not necessarily watered down, they might be concentrated, or some of both, who knows. But either way they are quite literally altcoins that are backed by Bitcoin. That makes them both altcoins and applications of Bitcoin both.

sAt0sHiFanClub

hero member

Activity: 546

Merit: 500

Warning: Confrmed Gavinista

Quote from: sAt0sHiFanClub on August 16, 2015, 06:56:14 AM

I can understand that theymos is in a very difficult spot - he is probably right (in a literal, technical sense) in the assertion that XT as a theory is on topic, but as a viable, downloadable solution it becomes an alt-coin. Until it reaches consensus,

But what troubles me is the zeal with which this policy is still being executed across the platforms. At this point, who really benefits from a suppression of debate?
(bear in mind that we are free to discuss it here and many other topics)

During the fall of the Berlin wall, there was a pivotal moment when the border guards finally recognised the futility of their duty, and allowed people through unchallenged.

Way out of the mess: Core adds a largeblock patch, different from gavins but who cares. Othere XT patches are delayed to make them look important.

If not, they go the way of the Xfree86 developers - into the fog.

Next fight is over the name. I suggest renaming XT to core by april depending on 75% supermajority as expressed by just doing it.

It would have to follow a BIP. But isnt this scenario what MH and GA wanted all along? The failure to get this resulted in XT.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: Odalv on August 16, 2015, 07:25:48 AM

Side chains are certainly altcoins.

Maybe in your universe.

Lol how are they not?

They are essentially watered down versions of Bitcoin lol with a separate block chain.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Side chains are certainly altcoins.

Yeah and they don't run on top of Bitcoin. They run parallel like any other alt coin.

Yet once again it is okay to discuss side chains on reddit? Lol

Odalv

legendary

Activity: 1414

Merit: 1000

Quote from: sAt0sHiFanClub on August 16, 2015, 06:56:14 AM

Side chains are certainly altcoins.

Maybe in your universe.

Erdogan

legendary

Activity: 1512

Merit: 1005

I can understand that theymos is in a very difficult spot - he is probably right (in a literal, technical sense) in the assertion that XT as a theory is on topic, but as a viable, downloadable solution it becomes an alt-coin. Until it reaches consensus,

But what troubles me is the zeal with which this policy is still being executed across the platforms. At this point, who really benefits from a suppression of debate?
(bear in mind that we are free to discuss it here and many other topics)

During the fall of the Berlin wall, there was a pivotal moment when the border guards finally recognised the futility of their duty, and allowed people through unchallenged.

Way out of the mess: Core adds a largeblock patch, different from gavins but who cares. Other XT patches are delayed to make them look important.

If not, they go the way of the Xfree86 developers - into the fog.

Next fight is over the name. I suggest renaming XT to core by april depending on 75% supermajority as expressed by just doing it.

smooth

legendary

Activity: 2968

Merit: 1198

Side chains are certainly altcoins.

sAt0sHiFanClub

hero member

Activity: 546

Merit: 500

Warning: Confrmed Gavinista

I can understand that theymos is in a very difficult spot - he is probably right (in a literal, technical sense) in the assertion that XT as a theory is on topic, but as a viable, downloadable solution it becomes an alt-coin. Until it reaches consensus,

But what troubles me is the zeal with which this policy is still being executed across the platforms. At this point, who really benefits from a suppression of debate?
(bear in mind that we are free to discuss it here and many other topics)

During the fall of the Berlin wall, there was a pivotal moment when the border guards finally recognised the futility of their duty, and allowed people through unchallenged.

MinerHQ

legendary

Activity: 1456

Merit: 1023

Quote from: smoothie on August 16, 2015, 04:25:34 AM

Quote from: MinerHQ on August 16, 2015, 04:17:57 AM

I think it is not correct because gold is always best investment and it will always grow for longer time. So it is not a good way to compare gold and bitcoin.

OH RLY?

Does gold only go up in price?

Answer: NO

Therefore: Gold is not always best investment

Every commodity traded has its price go up and down making it just an investment not "always the best investment"

I think your new to real investments. Can you prove gold went up to 1000+ and came back to 100+ in so many years of gold trading. You should read my post correctly, I said for long term investment not for short term.

vokain

legendary

Activity: 1834

Merit: 1019

From my perspective, that's because, like say, SatoshiDice for example, they run on top of Bitcoin as it is. They're like any other use case of the Bitcoin blockchain.

No comment on the "Yes" but I'm just glad to have learned so much today through all this hubbub. Sleep is now calling my name though. Take care everyone

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: vokain on August 16, 2015, 06:11:38 AM

Quote from: Erdogan on August 16, 2015, 05:44:45 AM

Quote from: smooth on August 16, 2015, 05:35:50 AM

Quote from: smoothie on August 16, 2015, 05:34:22 AM

But I don't agree that 75% of hashrate or whatever is network consensus.

I predict that miners won't (vote to) change unless there is network consensus.

Nobody has anything to lose by going XT.

I honestly hope so.

Quote from: smoothie on August 16, 2015, 04:55:14 AM

Quote from: TECSHARE on August 15, 2015, 06:46:17 AM

If XT is so great, no one should have to sell it to anyone, people will just switch.

There is avast difference to discussing XT vs "selling" XT to users.

Kind of hard to discuss it if reddit moderators keep deleting posts/threads related to XT and moving XT discussion to alt coin section of this forum.

People can only switch if there is enough discussion about XT.

They won't just wake up one day and go "i'll with go to xtnodes.com and download the latest client" without anyone previously mentioning it on a forum etc.

Ultimately users will choose what they want in the end.

All of this back and forth is drama and kiddy BS. Pick a stance and stick to it without the ad hominem or personal attacks (<----directed at those going out of their way to bash others).

You can discuss proposals to change the Bitcoin main chain, but a forked chain that is not also the main chain is an altchain and not truly Bitcoin.

[–]theymos -1 points 4 days ago
Discussion of hardforks is not silenced. That's why a possible hardfork has been discussed ad nauseam on /r/Bitcoin for the past few months. XT-specific submissions are removed because XT is not Bitcoin.
permalinksavecontextfull comments (189)reportgive gold

Um did he just contradict himself?

Hardforks are not silenced yet XT is a hard-fork implementation of bitcoin when certain conditions are met. Some time down the road.

Therefore XT should not be silenced.

Currently (as of right now) XT is Bitcoin as it operates seamlessly with the bitcoin network.

I love the logic fails even by Theymos. Grin

Sidechains, blockstream, and lightning network are not bitcoin yet they are allowed to be discussed on reddit/r/bitcoin

Is this a case of selective censorship?

Maybe, I don't really know for sure.
Is running x code programmed to change to y code the same as running x code that isn't programmed to change to y code?

Your examples of sidechains etc. run on Bitcoin and don't require forks to Bitcoin if I'm not mistaken. They're kinda like satoshidice maybe?

Yes with certain conditions that would only allow it to change.

Block stream and lightning network are not Bitcoin either yet it is allowed to be discussed.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: Zarathustra on August 16, 2015, 05:20:50 AM

Quote from: Erdogan on August 15, 2015, 09:47:28 PM

218

283

294

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: Erdogan on August 16, 2015, 05:44:45 AM

Quote from: smooth on August 16, 2015, 05:35:50 AM

Quote from: smoothie on August 16, 2015, 05:34:22 AM

But I don't agree that 75% of hashrate or whatever is network consensus.

I predict that miners won't (vote to) change unless there is network consensus.

Nobody has anything to lose by going XT.

I honestly hope so.

Quote from: smoothie on August 16, 2015, 04:55:14 AM

Quote from: TECSHARE on August 15, 2015, 06:46:17 AM

If XT is so great, no one should have to sell it to anyone, people will just switch.

There is avast difference to discussing XT vs "selling" XT to users.

Kind of hard to discuss it if reddit moderators keep deleting posts/threads related to XT and moving XT discussion to alt coin section of this forum.

People can only switch if there is enough discussion about XT.

They won't just wake up one day and go "i'll with go to xtnodes.com and download the latest client" without anyone previously mentioning it on a forum etc.

Ultimately users will choose what they want in the end.

All of this back and forth is drama and kiddy BS. Pick a stance and stick to it without the ad hominem or personal attacks (<----directed at those going out of their way to bash others).

You can discuss proposals to change the Bitcoin main chain, but a forked chain that is not also the main chain is an altchain and not truly Bitcoin.

[–]theymos -1 points 4 days ago
Discussion of hardforks is not silenced. That's why a possible hardfork has been discussed ad nauseam on /r/Bitcoin for the past few months. XT-specific submissions are removed because XT is not Bitcoin.
permalinksavecontextfull comments (189)reportgive gold

Um did he just contradict himself?

Hardforks are not silenced yet XT is a hard-fork implementation of bitcoin when certain conditions are met. Some time down the road.

Therefore XT should not be silenced.

Currently (as of right now) XT is Bitcoin as it operates seamlessly with the bitcoin network.

I love the logic fails even by Theymos. Grin

Sidechains, blockstream, and lightning network are not bitcoin yet they are allowed to be discussed on reddit/r/bitcoin

Is this a case of selective censorship?

Maybe, I don't really know for sure.
Is running x code programmed to change to y code the same as running x code that isn't programmed to change to y code?

Your examples of sidechains etc. run on Bitcoin and don't require forks to Bitcoin if I'm not mistaken. They're kinda like satoshidice maybe?

Erdogan

legendary

Activity: 1512

Merit: 1005

Quote from: smooth on August 16, 2015, 05:35:50 AM

But I don't agree that 75% of hashrate or whatever is network consensus.

I predict that miners won't (vote to) change unless there is network consensus.

Nobody has anything to lose by going XT. Most people will switch at 20%, at leisure, so they don't have to stress up at the turn of the year. Play it safe. Therefore the fork has already won.

smooth

legendary

Activity: 2968

Merit: 1198

But I don't agree that 75% of hashrate or whatever is network consensus.

I predict that miners won't (vote to) change unless there is network consensus.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: smoothie on August 16, 2015, 04:55:14 AM

Quote from: TECSHARE on August 15, 2015, 06:46:17 AM

If XT is so great, no one should have to sell it to anyone, people will just switch.

There is avast difference to discussing XT vs "selling" XT to users.

Kind of hard to discuss it if reddit moderators keep deleting posts/threads related to XT and moving XT discussion to alt coin section of this forum.

People can only switch if there is enough discussion about XT.

They won't just wake up one day and go "i'll with go to xtnodes.com and download the latest client" without anyone previously mentioning it on a forum etc.

Ultimately users will choose what they want in the end.

All of this back and forth is drama and kiddy BS. Pick a stance and stick to it without the ad hominem or personal attacks (<----directed at those going out of their way to bash others).

You can discuss proposals to change the Bitcoin main chain, but a forked chain that is not also the main chain is an altchain and not truly Bitcoin.

[–]theymos -1 points 4 days ago
Discussion of hardforks is not silenced. That's why a possible hardfork has been discussed ad nauseam on /r/Bitcoin for the past few months. XT-specific submissions are removed because XT is not Bitcoin.
permalinksavecontextfull comments (189)reportgive gold

Um did he just contradict himself?

Hardforks are not silenced yet XT is a hard-fork implementation of bitcoin when certain conditions are met. Some time down the road.

Therefore XT should not be silenced.

Currently (as of right now) XT is Bitcoin as it operates seamlessly with the bitcoin network.

I love the logic fails even by Theymos. Grin

Sidechains, blockstream, and lightning network are not bitcoin yet they are allowed to be discussed on reddit/r/bitcoin

Is this a case of selective censorship?

vokain

legendary

Activity: 1834

Merit: 1019

Quote from: smoothie on August 16, 2015, 05:28:23 AM

Quote from: smoothie on August 16, 2015, 04:55:14 AM

Quote from: TECSHARE on August 15, 2015, 06:46:17 AM

If XT is so great, no one should have to sell it to anyone, people will just switch.

There is avast difference to discussing XT vs "selling" XT to users.

Kind of hard to discuss it if reddit moderators keep deleting posts/threads related to XT and moving XT discussion to alt coin section of this forum.

People can only switch if there is enough discussion about XT.

They won't just wake up one day and go "i'll with go to xtnodes.com and download the latest client" without anyone previously mentioning it on a forum etc.

Ultimately users will choose what they want in the end.

All of this back and forth is drama and kiddy BS. Pick a stance and stick to it without the ad hominem or personal attacks (<----directed at those going out of their way to bash others).

You can discuss proposals to change the Bitcoin main chain, but a forked chain that is not also the main chain is an altchain and not truly Bitcoin.

[–]theymos -1 points 4 days ago
Discussion of hardforks is not silenced. That's why a possible hardfork has been discussed ad nauseam on /r/Bitcoin for the past few months. XT-specific submissions are removed because XT is not Bitcoin.
permalinksavecontextfull comments (189)reportgive gold

...yet XT is using the exact same chain/protocol as core aside from the future possibility of block size increase.

Not an alt chain in any sense as it has been used on other coins like litecoin that are completely separate chains and protocols.

XT operates just like CORE as of right now.

But I don't agree with XT's definition that 75% of hashrate or whatever is network consensus.

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper