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Topic: Heading for a brick wall. SegWit failed. - page 2. (Read 2863 times)

legendary
Activity: 861
Merit: 1010
January 29, 2017, 08:03:27 AM
#20
Why theymos or his mods don't erase such a pessimitic thread?

We cannot afford to doubt publicy about the greatness of SegWit and the offchain scaling roadmap.
hero member
Activity: 826
Merit: 500
Join @Bountycloud for the best bounties!
January 29, 2017, 07:14:29 AM
#19
"%any hours" and "Extraordinary fees"

Dude you're going ahead of yourself xD
You got nearly instant transactions with 0.0002 fees right now. That's 20 cents for a transaction you can't talk about "extraordinary fees!

And btc has always been for big moves. It's the only mean I know where you can send money and pay a flat fee. Sure if you want to send 1$ PayPal is better, but if you want to move 10k$ there is NOTHING that can beat btc.
legendary
Activity: 1036
Merit: 1000
January 29, 2017, 06:47:15 AM
#18
I was led to believe segwit was the second coming of J Christ. Now you're telling me it's a dead solution??? Bitcoin truly is screwed. Oh, I've known it for a while; all you who lie about how "strong" btc fundamentals, F&CK OFF!!!
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
January 29, 2017, 05:23:53 AM
#18
I'm sure later bitcoiner will be forced to accept SegWit or find another solution which is better than SegWit to fix current bitcoin problem Roll Eyes
So, i think SegWit won't fail.
sr. member
Activity: 268
Merit: 250
January 29, 2017, 04:15:12 AM
#17

When you're going to lie about something i recommend you do it about something that's not so easily checked by people...


You mean like all your bitcoin is dead and bitcoin is going to $0 posts and your general trolling?
legendary
Activity: 3248
Merit: 1070
January 29, 2017, 02:58:34 AM
#16
Rarely the bitcoin blocks reach anywhere close to 1mb, the big delays usually happen because the miners are greedy and want to make people pay higher fees, even if the transaction reward by block is far lower than the 25 reward of mining

the problem is that bitcoin is auto-negating itself the possibility to grow with this limitation, so the fact that the block are not constantly full is not a valid argument to delay the solution forever

it's a fact that with this limit bitcoin will not grow to the global level, there is no going around this, you will reach a point in the future when the distribution will be greater, where a big portion of the mass will not send bitcoin anymore, because fee will be too expensive
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
January 29, 2017, 02:34:47 AM
#15
FUD. I have made many transactions all with .0001 to .00015 each in fees and I have never encountered a transaction that took more than a day. Sometimes it took a few hours longer but it did not take very long. If what you say is true then there should be hell in this forum going on right now. Relax everything is alright.

Only one day?! LOL LOL LOL. And you think he is FUDding. Bitcoin is deeply fucked my friends.
legendary
Activity: 1232
Merit: 1000
January 29, 2017, 01:59:11 AM
#14
Rarely the bitcoin blocks reach anywhere close to 1mb, the big delays usually happen because the miners are greedy and want to make people pay higher fees, even if the transaction reward by block is far lower than the 25 reward of mining

You are off by 6 months on the block reward bit. We dropped from 25 BTC to 12.5 BTC in July 2016.
The fees are still very small when compared to the block reward.
legendary
Activity: 3472
Merit: 10611
January 29, 2017, 12:14:48 AM
#13
Rarely the bitcoin blocks reach anywhere close to 1mb, the big delays usually happen because the miners are greedy and want to make people pay higher fees, even if the transaction reward by block is far lower than the 25 reward of mining
When you're going to lie about something i recommend you do it about something that's not so easily checked by people...

For the last 1000 blocks (blocksize in bytes)
Mean   882,942
Median   927,633
Mode     998,640

that is right and they are spamming the shit out of the network or have you forgotten that blockchain is a public ledger that everyone can see and find out any shenanigans on it?
here is one of many addresses involved:
3DFxwfbPhPcqwXDKAZs83pWGuwasYKqdyR
hero member
Activity: 924
Merit: 506
January 28, 2017, 11:25:19 PM
#12
Decentralized right? wrong, miners are an organization dictating their own terms, I wonder though what happens if someone temporary becomes the majority and activates the segwit? is the proposal still available or not?
legendary
Activity: 1937
Merit: 1001
January 28, 2017, 11:14:23 PM
#11
Rarely the bitcoin blocks reach anywhere close to 1mb, the big delays usually happen because the miners are greedy and want to make people pay higher fees, even if the transaction reward by block is far lower than the 25 reward of mining


When you're going to lie about something i recommend you do it about something that's not so easily checked by people...

For the last 1000 blocks (blocksize in bytes)
Mean   882,942
Median   927,633
Mode     998,640
legendary
Activity: 961
Merit: 1000
January 28, 2017, 11:05:34 PM
#10
FUD. I have made many transactions all with .0001 to .00015 each in fees and I have never encountered a transaction that took more than a day. Sometimes it took a few hours longer but it did not take very long. If what you say is true then there should be hell in this forum going on right now. Relax everything is alright.

The only reason there's no 'hell' on this forum is because the vast majority is delusional and everybody keeps telling everybody else to look the other way and everything is fine. Meanwhile the house is burning.

Explain to me how the refusal of SegWit adoption and currently continuous full blocks are not a big problem, please enlighten me!



Litecoin will probably implement it first.

The initial plan (I thought) seemed a good compromise; enact SegWit and plan for blocksize increase at specified date in the future.

But trust has eroded and now it is personal and political.

Hopefully it gets sorted soon, if no hiccups it would really drive us forward.
legendary
Activity: 966
Merit: 1042
January 28, 2017, 10:51:36 PM
#9
It's just so shitty that segwit didn't take off the way we expected it to. It does seem like a bandaid for now but it does solve the block issue.
Rarely the bitcoin blocks reach anywhere close to 1mb, the big delays usually happen because the miners are greedy and want to make people pay higher fees, even if the transaction reward by block is far lower than the 25 reward of mining

Sometimes there are huge waits because ten of thousands of transactions are waiting along with yours.
hero member
Activity: 770
Merit: 500
Bazinga!
January 28, 2017, 10:50:22 PM
#8
FUD. I have made many transactions all with .0001 to .00015 each in fees and I have never encountered a transaction that took more than a day. Sometimes it took a few hours longer but it did not take very long. If what you say is true then there should be hell in this forum going on right now. Relax everything is alright.

The only reason there's no 'hell' on this forum is because the vast majority is delusional and everybody keeps telling everybody else to look the other way and everything is fine. Meanwhile the house is burning.

Explain to me how the refusal of SegWit adoption and currently continuous full blocks are not a big problem, please enlighten me!



the reason for that is because we are sending transactions so we know how much it will take to confirm our transactions.
yeah there are temporary times that there is a spam attack like recently and the mempool gets big, but it will last a couple of days and we are back to normal again.

if you hadn't sold your bitcoin on $1 you could send some bitcoin and see that Cheesy
legendary
Activity: 1162
Merit: 1000
January 28, 2017, 10:42:16 PM
#7
Rarely the bitcoin blocks reach anywhere close to 1mb, the big delays usually happen because the miners are greedy and want to make people pay higher fees, even if the transaction reward by block is far lower than the 25 reward of mining
legendary
Activity: 1400
Merit: 1001
January 28, 2017, 09:43:13 PM
#6
SegWit in its current form won't be pushed through - you are right here. But this is not the end of the line.
It is not like SegWit was the only way for bitcoin to fix block scaling debate. We will have another solution to the scaling problem.
copper member
Activity: 1330
Merit: 899
🖤😏
January 28, 2017, 09:35:47 PM
#5
I think this is really a serious problem because no matter how many nodes and miners we have every 10 minutes for blocks with this small size is just pure trouble, I don't know though what exactly is the problem if we had bigger block size?
legendary
Activity: 1937
Merit: 1001
January 28, 2017, 09:29:45 PM
#4
FUD. I have made many transactions all with .0001 to .00015 each in fees and I have never encountered a transaction that took more than a day. Sometimes it took a few hours longer but it did not take very long. If what you say is true then there should be hell in this forum going on right now. Relax everything is alright.

The only reason there's no 'hell' on this forum is because the vast majority is delusional and everybody keeps telling everybody else to look the other way and everything is fine. Meanwhile the house is burning.

Explain to me how the refusal of SegWit adoption and currently continuous full blocks are not a big problem, please enlighten me!

legendary
Activity: 2898
Merit: 1823
January 28, 2017, 09:24:58 PM
#3
FUD. I have made many transactions all with .0001 to .00015 each in fees and I have never encountered a transaction that took more than a day. Sometimes it took a few hours longer but it did not take very long. If what you say is true then there should be hell in this forum going on right now. Relax everything is alright.
sr. member
Activity: 268
Merit: 250
January 28, 2017, 09:10:45 PM
#2
Holy @#$!, a non BTC is dead (Just segwit) post from kwukduck? We not going sub 100 buddy?? How come you're not trolling the low exchange volume??? What's the story, you just getting bored?
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