Topic: If we didnt had idiots blocking segwit we would be sittting on 4 figures by now (Read 7300 times)

If the block size is increased to 8MB or higher, the price will be 10000 easily.

I hope that stupid war will finish finally but 10000$ you can just dream about that price,not possible anytime soon,but dollaris losing and situation all over the world is very tense

Even without segwit activated bitcoin has been able to reach new all time highs and even thought FUD was able to crash the price for a few days and weeks we are back to where we were before the FUD and I don’t see a reason why bitcoin could not go even higher.

So the phrase in the name of the thread implies that if the SegWit would be implemented, bitcoin could reach over 10,000 $ price.
Guess not, that is not possible to see BTC price going up almost 10 times higher, just because SegWit is going to be true, not with that market capitalization and volume!
Also, another reason why we cannot see such a enormous upward burst, because too many miners are against it, to make your dreams come true.

There is no need to be in hurry, just let everybody pick his decision, it is a miners poll, they are the people who are voting for BU/SegWit so don't call them idiots.
Everybody has his own opinion and point of view, so you should respect it. Give us arguments instead of insults.

https://www.reddit.com/r/btc/comments/66sgtz/my_knowledge_of_bitcoin_isnt_great_but_i_own_some/dgkxvix/

Seems seq witness is a done deal on ltc. So we shall see.

http://http://www.coindesk.com/litecoin-miners-back-plan-support-segwit-blockchain-upgrade/

You have to look at the big picture. See the forest behind the trees. I think this is wisdom. Some people have it some don't. People don't like to admit being wrong. It's easier to fool people than to convince them that they have been fooled you know. "show me the exact line of code where this is a trojan hose" is the kind of argument like "show me the actual real proof that the illuminati controls the Hollywood". Sort of like hiding your head in the sand and asking for evidence that you know isn't easily available in the first place. You either see it or not. Typically naive people fall for such traps like the SegWit lie because their main argument is "why would they do such a thing?" which isn't really an argument but a lame excuse to continue being naive.

Ask yourself these simple questions:
Who pays to the Core development team?
Who would profit the most from SegWit?
Who are the real owners of BlockStream?
Are the real owners of BlockStream the good guys or the bad guys?

If you knew anything about the globalist agenda and the Bilderberg Group then you would be VERY sceptical about any proposals coming from the Core team / BlockStream. It doesn't take a genius to realize the implications here. Please educate yourself about the REAL behind the scenes global politics because clearly believing the MSM bullshit and a long record of not doing your own research are interfering with your ability to reason and to think critically.

Could you back your claims up by showing the evidence of a trojan horse? I mean show us the code and explain line by line where you think those soldiers are hiding inside the horse you feel me?

I want to know what happens if everyone start running Core and activate SW? everyone will be on the same boat and they can take advantage of the trojan horse can't they?

But if BU becomes the majority guess who will get the most of it? ASICboost implemented miners, aka Chinese, aka some miners will mine suddenly 6MB blocks taking all the fees and leave slower/ smaller miners empty handed forcing them to mine empty blocks since some powerful pools have taken and included all the transactions.

All I hear about SW from you people is just this "trojan horse" and nothing whatsoever. show me, explain to me like I did about BU and powerful mining pools and ASICboost hard ware.

+1

The difference between the SegWit camp and the BU camp is that the SegWit camp wants Bitcoin for themselves, completely and utterly, to have total authority over the protocol and therefore to dictate consensus (which behind the scene renders miners useless, see Proof-of-Vitalik). The BU camp, on the other hand, does not care whether BU as an implementation becomes the most used or not. For the BU people all that matters is whether we get on-chain scaling or not. Should BU fade away and disappear the big blockers will find or initiate another full node implementation. Supporting the Core dev team and SegWit is the same thing as begging to be governed. Only dumbass sheeple enjoy being governed by some central authority because they are too lazy and stupid to think for themselves. Such people ideologically don't even belong to the Bitcoin community.

If the bitcoin block size is increased eventually to 8MB or higher, it does not matter if Unlimited fails or not.

Bitcoin Classic failed, Bitcoin Unlimited will inevitably fail due to how determined a large amount of Core supporters are and how many people don't want to signal for either, and since most people are running Core nodes anyway because BU is so buggy now is a great time for some BU miners to give up.

I think so. The big block size will make the transation much smoother. So there will be more users.

If we didn't have segwit we'd be sitting at 5 figures by now, just saying.

The numbers are somewhat misleading imho.
Indeed, it shows BU at 38.9%, leading. However, if you look more closely, there are 2 pools that signal both Core and BU. This means that if you would sum all (BU, Core, 8M, others) you'll get more than 100%, so the percents may not be as correct as you'd think. There's still a big number of "I don't care to signal" miners, from what I see.

But this is the number of miners.

If you look even more closely, you'll see (on the very same page!) that from the last 1000 blocks, only 388 were mined by BU pools, instead 604 are Core.
So I'd say that while more pools (more or less) want BU, more actual miners (hashing power) wants Core.

Am I wrong?

according to https://coin.dance/blocks, 39% of the miners are using the unlimited, vs 28% using segwit. That ratio is higher than a few weeks ago.

Sure the battle is just started now. They have almost same amount in % off course and think that if will be hard to determine the winner even in this kind of battle. It will be like penalties in football or in basket. Hard to pick sides in this.

Looks like the SegWit boys are losing the battle. Johnny really embarrassed the SegWit solution at Anarchapulco.




Gavin Andresen: “Run Bitcoin Unlimited” To Solve “Destructive Congestion”

If we could let go of this foul thing known as SegWit already, bitcoin would really be sitting on 5 figures already.

oh should it really? I have done my research well enough to know that segwit is a trojan horse for the banksters to gain control over Bitcoin. you on the other hand are blindly believing anything that the ones claiming to be the authority tell you. If I am right then you must be wrong. And that surely cannot be, right? That seems to be the only reasoning you and most of the segwit fanboys have. Hey, I don't care if you don't agree with me. It is impossible to convince you and make you see the light. This is how human mind operates. It is selfish and egoistic and it is unwilling to admit being wrong. You either have a dog in this fight or you're just a sheep following the herd and believing whichever information you heard first.

Everyone with better understanding of bitcoin than you ever will have wants segwit. The fact that you don't want segwit should make you consider that your stance on this subject is indeed wrong.

If they really want security then they shouldn't be wanting SegWit. So, there's a fallacy in your line of thought.