Author

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20923. (Read 26652328 times)

legendary
Activity: 1092
Merit: 1000
How is a decision supposed to be made with a technology that is decentralized?

exactly, consensus robustness
Thawing in the debate: https://twitter.com/adam3us/status/636410827969421312
Consensus being reached.

Gavin is quite the diplomat.

"I think 2MB is absurdly small. Where do you get that number from, or does it just "feel right"?  Average web page size is 2MB..."

Wonder if he's spent some time in the WO thread.

pffahahahahhaha not even close. XD

Quote
Nick Szabo ‏@NickSzabo4
@gavinandresen @adam3us If you want to store your money on the web use Mt. Gox.

szabo is on fiyaaa Cheesy


he is not more famous than adam gubereuz .. no one in bitcoin is more famous than adam gubereuz.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1260
Merit: 1002
How is a decision supposed to be made with a technology that is decentralized?

exactly, consensus robustness
Thawing in the debate: https://twitter.com/adam3us/status/636410827969421312
Consensus being reached.

Gavin is quite the diplomat.

"I think 2MB is absurdly small. Where do you get that number from, or does it just "feel right"?  Average web page size is 2MB..."

Wonder if he's spent some time in the WO thread.

pffahahahahhaha not even close. XD

Quote
Nick Szabo ‏@NickSzabo4
@gavinandresen @adam3us If you want to store your money on the web use Mt. Gox.

szabo is on fiyaaa Cheesy
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
How is a decision supposed to be made with a technology that is decentralized?
full member
Activity: 158
Merit: 100
How is a decision supposed to be made with a technology that is decentralized?
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Thawing in the debate: https://twitter.com/adam3us/status/636410827969421312
Consensus being reached.

Gavin is quite the diplomat.

"I think 2MB is absurdly small. Where do you get that number from, or does it just "feel right"?  Average web page size is 2MB..."

Wonder if he's spent some time in the WO thread.
sr. member
Activity: 289
Merit: 252
bagholder since 2013
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
it has like 2% hashing power voting for it while BIP100 or 8MB options are both at like 20%

https://www.blocktrail.com/BTC/pools

OTOH, it's been out for two weeks, we have still a good way to go till 2016 and full blocks are not yet particularly much of an issue.

I agree that XT was always a bit of a long shot and as long as we have bigger blocks, I don't care hugely what scheme is implemented (as it can always be changed). It's just a bit early to be calling anything.

As well, BIP100 has some serious issues to be dealt with before it can be seriously considered. Also consider that XT's support is coming from people actually running it (or BIP-101 patched core) and these votes are no more than vocal support.

Plenty of time to make some popcorn...
sr. member
Activity: 294
Merit: 250
i thought bitcoin price increase this week. i waiting for sale best price therefore i waiting 3-4 days.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

That's if you actually believe that Gavin & Mike are not government agents trying to break Bitcoin which a good case can be made for..

It seems more likely the government agents are on the other side if anything

http://pastebin.com/4BcycXUu
hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
A bunch of startups "running the show".... Gimme a break
What do you think would happen if it came to a fork of some kind, let's not necessarily assume XT/Core but anything else.
Bitpay choses to no longer process payments coming from one chain but only from the other.
Which chance of survival would you give the other chain?
I'd say zero.
Bitpay's "payment processing" is an irrelevant, marginally small aspect of Bitcoin as it is now.

Are you really under the impression that people are actually buying stuff with Bitcoin? By that I mean any significant amount?
It doesn't matter how marginally tiny the effect is.
Two coins, both alike, one with the added benefit of being usable in thousands of online stores, the other not so much, that's a no-brainer.

I thought this debate made it clear that no one w/ half a brain really cares about spending Bitcoin at online stores. If Bitpay decides for some reason to support Bitcoin XT then by all means go ahead. They'll be left with no users in no time. The economic majority (people who actually hold coins) couldn't care less what Bitpay decides to do, they're not trying to spend their coins anyway.

I'm sorry but your logic is very stupid.
legendary
Activity: 1092
Merit: 1000

In Bitcoin the amount of USD you can throw around, unless you buy BTC with it, is pretty much irrelevant.


Yup.

Thusly the companies who facilitate USD/BTC or CNY/BTC exchanging are going to have an enormous amount of sway. All they have to do is ignore the chain they don't like and it's pretty much goodnight. It trickles down to payment processors, miners meeting bills and everything else.





sounds more like a cluster disaster.. which chain do we use ?? maybe we should charge twice once on each chain to be sure. bullish .


legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪

Oh come on.  They will follow demand or be outcompeted very quickly.


Obviously they're going to follow the tide but no one operates in isolation. Their opinion counts.
That, I will agree with  Smiley
legendary
Activity: 2604
Merit: 3056
Welt Am Draht

Oh come on.  They will follow demand or be outcompeted very quickly.


Obviously they're going to follow the tide but no one operates in isolation. Their opinion counts.
qwk
donator
Activity: 3542
Merit: 3413
Shitcoin Minimalist
A bunch of startups "running the show".... Gimme a break
What do you think would happen if it came to a fork of some kind, let's not necessarily assume XT/Core but anything else.
Bitpay choses to no longer process payments coming from one chain but only from the other.
Which chance of survival would you give the other chain?
I'd say zero.
Bitpay's "payment processing" is an irrelevant, marginally small aspect of Bitcoin as it is now.

Are you really under the impression that people are actually buying stuff with Bitcoin? By that I mean any significant amount?
It doesn't matter how marginally tiny the effect is.
Two coins, both alike, one with the added benefit of being usable in thousands of online stores, the other not so much, that's a no-brainer.
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪

In Bitcoin the amount of USD you can throw around, unless you buy BTC with it, is pretty much irrelevant.

Yup.

Thusly the companies who facilitate USD/BTC or CNY/BTC exchanging are going to have an enormous amount of sway. All they have to do is ignore the chain they don't like and it's pretty much goodnight. It trickles down to payment processors, miners meeting bills and everything else.

Oh come on.  They will follow demand or be outcompeted very quickly.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2604
Merit: 3056
Welt Am Draht

In Bitcoin the amount of USD you can throw around, unless you buy BTC with it, is pretty much irrelevant.


Yup.

Thusly the companies who facilitate USD/BTC or CNY/BTC exchanging are going to have an enormous amount of sway. All they have to do is ignore the chain they don't like and it's pretty much goodnight. It trickles down to payment processors, miners meeting bills and everything else.

hero member
Activity: 644
Merit: 504
Bitcoin replaces central, not commercial, banks
A bunch of startups "running the show".... Gimme a break
What do you think would happen if it came to a fork of some kind, let's not necessarily assume XT/Core but anything else.
Bitpay choses to no longer process payments coming from one chain but only from the other.
Which chance of survival would you give the other chain?
I'd say zero.

Bitpay's "payment processing" is an irrelevant, marginally small aspect of Bitcoin as it is now.

Are you really under the impression that people are actually buying stuff with Bitcoin? By that I mean any significant amount?
qwk
donator
Activity: 3542
Merit: 3413
Shitcoin Minimalist
A bunch of startups "running the show".... Gimme a break
What do you think would happen if it came to a fork of some kind, let's not necessarily assume XT/Core but anything else.
Bitpay choses to no longer process payments coming from one chain but only from the other.
Which chance of survival would you give the other chain?
I'd say zero.
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