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Topic: Gold collapsing. Bitcoin UP. - page 7. (Read 2032247 times)

hero member
Activity: 622
Merit: 500
August 18, 2015, 12:48:52 AM
Satoshis recent comments were right and I agree that bitcoin wasnt designed to be at the whim of central authority which is what it is trying to destroy. So with that im with bitcoin original thick or thin.

Central authority like the bitcoin core devs?

The core devs have historically worked using a consensus based model of decision making. Gavin & Mike are the ones attempting to force through a contentious fork.

Explain how this works exactly.  Will gavin and Mike visit each miner, put a gun to their head, and force them to switch to XT.  Explain what mechanism they will use to force miners and users to upgrade to XT against their will.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
August 18, 2015, 12:44:36 AM
Satoshis recent comments were right and I agree that bitcoin wasnt designed to be at the whim of central authority which is what it is trying to destroy. So with that im with bitcoin original thick or thin.

Central authority like the bitcoin core devs?

The core devs have historically worked using a consensus based model of decision making. Gavin & Mike are the ones attempting to force through a contentious fork.
legendary
Activity: 1904
Merit: 1002
August 18, 2015, 12:41:53 AM
Satoshis recent comments were right and I agree that bitcoin wasnt designed to be at the whim of central authority which is what it is trying to destroy. So with that im with bitcoin original thick or thin.

Central authority like the bitcoin core devs?
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
August 18, 2015, 12:40:57 AM
Satoshis recent comments were right and I agree that bitcoin wasnt designed to be at the whim of central authority which is what it is trying to destroy. So with that im with bitcoin original thick or thin.

The fact that this debate has turned very early on into character assassination and personality contests tells the whole story.

Gavin, Mike & their supporters have made it a political battle that necessarily undermine their arguments and ultimately weaken their position. Fortunately this will only serve to make Bitcoin stronger as their failure shall serve as a cautionary tale to any personalities trying to mold Bitcoin to their image.
legendary
Activity: 2044
Merit: 1005
August 18, 2015, 12:32:43 AM
Satoshis recent comments were right and I agree that bitcoin wasnt designed to be at the whim of central authority which is what it is trying to destroy. So with that im with bitcoin original thick or thin.
legendary
Activity: 1764
Merit: 1002
August 18, 2015, 12:23:12 AM
growing like wildfire:

hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
August 17, 2015, 10:58:10 PM
Sentiment is in flux. That statement was made months ago. If the rest of the community adopts XT, they'll move over too.

 Roll Eyes

You think that sentiment changed?

Quote
F2Pool admin Wang Chun said:

“We will wait and see what other core developers think of Gavin's proposal. But we will certainly not switch to the altcoin called 'Bitcoin' XT. It could set a very bad precedent if we do that. No matter who you are, you cannot make a new coin and declare it is 'Bitcoin' simply because you do not agree with other core developers.”

1 month ago:

Quote
Update July 7:  AntPool, accounting for some 20% of hashing power on the Bitcoin network, sent us the following response:

"We like the idea of increasing the maximum block size, but if Bitcoin XT is too contentious, we also don't want the community to be divided.

legendary
Activity: 1764
Merit: 1002
August 17, 2015, 10:54:52 PM
I think cypher is counting all nodes not just the top 5.
the metric to watch is, 1 and 2 are they dropping?
1   /Satoshi:0.11.0/   2229 (36.30%)
2   /Satoshi:0.10.2/   1158 (18.86%)



Something you might want to consider; is of the massive mining power in china only one node (from the 105) is actually running XT

 https://getaddr.bitnodes.io/nodes/?page=1&q=China

China has already said they won't support XT

Oh yeah?

All of china? Who speaks for china?

Or just some pools?

 Roll Eyes

Sentiment is in flux. That statement was made months ago. If the rest of the community adopts XT, they'll move over too.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
August 17, 2015, 10:54:25 PM
I think cypher is counting all nodes not just the top 5.
the metric to watch is, 1 and 2 are they dropping?
1   /Satoshi:0.11.0/   2229 (36.30%)
2   /Satoshi:0.10.2/   1158 (18.86%)



Something you might want to consider; is of the massive mining power in china only one node (from the 105) is actually running XT

 https://getaddr.bitnodes.io/nodes/?page=1&q=China

China has already said they won't support XT

Oh yeah?

All of china? Who speaks for china?

Or just some pools?

 Roll Eyes

Just some pools who control more than 50% of the network   Smiley
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 17, 2015, 10:47:02 PM
I think cypher is counting all nodes not just the top 5.
the metric to watch is, 1 and 2 are they dropping?
1   /Satoshi:0.11.0/   2229 (36.30%)
2   /Satoshi:0.10.2/   1158 (18.86%)



Something you might want to consider; is of the massive mining power in china only one node (from the 105) is actually running XT

 https://getaddr.bitnodes.io/nodes/?page=1&q=China

China has already said they won't support XT

Oh yeah?

All of china? Who speaks for china?

Or just some pools?

 Roll Eyes
full member
Activity: 660
Merit: 101
Colletrix - Bridging the Physical and Virtual Worl
August 17, 2015, 10:44:59 PM
China has already said they won't support XT

do you mean the CPC? yeah, they probably won't.
hero member
Activity: 544
Merit: 500
August 17, 2015, 10:43:14 PM
So I just opened both the bitcoin and bitcoinxt reddits to compare the number of active uses online at that moment since this is a better comparison than subscriber count which is mostly inactive users. The results are:

/r/bitcoin - 606 online users

/r/bitcoinxt - 306 online users

That makes 33% of bitcoin redditers switching to the XT reddit in 1 day.

Wow just wow

what about this? briefly spotted on reddit but can't find it again now? from redditmetrics

Quote
Subreddit Growth
How /r/Bitcoin growth compares with growth of 695,515 other subreddits.
No. 695,515   Fastest growing yesterday

basically it's going negative by about 300 odd people left in the last few days.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
August 17, 2015, 10:39:25 PM
I think cypher is counting all nodes not just the top 5.
the metric to watch is, 1 and 2 are they dropping?
1   /Satoshi:0.11.0/   2229 (36.30%)
2   /Satoshi:0.10.2/   1158 (18.86%)



Something you might want to consider; is of the massive mining power in china only one node (from the 105) is actually running XT

 https://getaddr.bitnodes.io/nodes/?page=1&q=China

China has already said they won't support XT
hero member
Activity: 544
Merit: 500
August 17, 2015, 10:29:56 PM
I think cypher is counting all nodes not just the top 5.
the metric to watch is, 1 and 2 are they dropping?
1   /Satoshi:0.11.0/   2229 (36.30%)
2   /Satoshi:0.10.2/   1158 (18.86%)



Something you might want to consider; is of the massive mining power in china only one node (from the 105) is actually running XT

 https://getaddr.bitnodes.io/nodes/?page=1&q=China
legendary
Activity: 1153
Merit: 1000
August 17, 2015, 10:22:14 PM
So I just opened both the bitcoin and bitcoinxt reddits to compare the number of active uses online at that moment since this is a better comparison than subscriber count which is mostly inactive users. The results are:

/r/bitcoin - 606 online users

/r/bitcoinxt - 306 online users

That makes 33% of bitcoin redditers switching to the XT reddit in 1 day.

Wow just wow
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
August 17, 2015, 10:17:49 PM


From reddit

Quote
Wish I had seen this sooner. http://xtpool.xyz is syncing the blockchain right now but should be ready in a couple of hours. More pools always welcome, but yes there is an xt specific pool already.

PPS with 1% (yes I know that's not sustainable long term, fee will probably have to increase once reserves run dry), no registration required just point your miner and use your payout address as your worker name.
https://www.reddit.com/r/bitcoinxt/comments/3hcx9u/should_i_set_up_a_bitcoinxt_pool/cu6j26m

Don't worry, we'll see blocks soon enough.

The great thing about bitcoin is how censorship resistant it is, there is no thermos to protect you here.

Bring em  Wink
legendary
Activity: 1153
Merit: 1000
August 17, 2015, 10:12:04 PM


From reddit

Quote
Wish I had seen this sooner. http://xtpool.xyz is syncing the blockchain right now but should be ready in a couple of hours. More pools always welcome, but yes there is an xt specific pool already.

PPS with 1% (yes I know that's not sustainable long term, fee will probably have to increase once reserves run dry), no registration required just point your miner and use your payout address as your worker name.
https://www.reddit.com/r/bitcoinxt/comments/3hcx9u/should_i_set_up_a_bitcoinxt_pool/cu6j26m

Don't worry, we'll see blocks soon enough.

The great thing about bitcoin is how censorship resistant it is, there is no thermos to protect you here.
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
August 17, 2015, 10:04:49 PM
legendary
Activity: 1764
Merit: 1002
August 17, 2015, 09:56:05 PM
10% of network:

legendary
Activity: 1764
Merit: 1002
August 17, 2015, 09:21:18 PM
I think cypher is counting all nodes not just the top 5.
the metric to watch is, 1 and 2 are they dropping?
1   /Satoshi:0.11.0/   2229 (36.30%)
2   /Satoshi:0.10.2/   1158 (18.86%)

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