Topic: Poll - If the reward halving is being changed, will you quit bitcoin? (Read 5524 times)
September 19, 2012, 10:20:11 AM
September 18, 2012, 07:50:44 PM
New poll: How many people want to change their answer because they initially misread the question?
Yes plz.
Yeah delete this entire thread and try again. It seems like many people who answered no meant they would just keep on with their client, and many people who answered yes meant the same thing (assuming that the unchanged client would not be the official bitcoin one). The poll should have 3 options.
A. Stay with the current reward scheme
B. Move to the new reward scheme
C. Quit bitcoin entirely
September 17, 2012, 02:15:11 PM
New poll: How many people want to change their answer because they initially misread the question?
Yes plz.
September 16, 2012, 10:59:05 PM
I don't care I will continue to sell BTC for real cash as fast as I can. BTC is a pipe dream. FIAT in its awful glory is what matters. BTC is only worth anything because is can be changed to FIAT. Take that away and its worthless binary
You've got it backwards. It can be converted to other currencies because it is in fact worth something.
September 16, 2012, 08:57:19 PM
New poll: How many people want to change their answer because they initially misread the question?
September 16, 2012, 08:56:14 PM
I don't care I will continue to sell BTC for real cash as fast as I can. BTC is a pipe dream. FIAT in its awful glory is what matters. BTC is only worth anything because is can be changed to FIAT. Take that away and its worthless binary
September 15, 2012, 12:04:01 PM
+1. This should be a choice in the poll. It binary nature of the poll makes it seem like I could be forced to stop using Bitcoin. Whatever inflatacoin fork is creating it isn't Bitcoin. Bitcoin will still exist.
I would take it another step.
What we are doing is participating in a mass agreement on the rules of the system. The name doesn't matter. The software doesn't matter, except to the extent that it enforces the agreement as our agent. What matters is the rules. Even if some random new dude doesn't understand the implications of the rules, the most important parts of the ecosystem are currently in the hands of anarchists and libertarians, and they do understand the rules perfectly well, and they won't accept any silly changes.
Here is the hilarious part though. Even if some people made their own client that allowed the 50 BTC subsidy to continue forever, it wouldn't matter a damn bit. Even their clients would accept 25 BTC blocks as valid (the test is <= not ==), but the 25 BTC clients would not see the 50 BTC blocks as valid. So, the whole network would still follow the correct rules, and the people mining for 50 BTC would get NOTHING. Not even 50 BS-BTC to spend on their forked chain. They would need to add another gratuitously incompatible change too, if they wanted to fork.
September 15, 2012, 11:51:16 AM
+1
+1
+1
+1
September 15, 2012, 11:38:38 AM
+1
September 15, 2012, 11:22:21 AM
Is this seriously being considered? I haven't seen any real debate on the matter. Link?
Of course not.
But, this is open source. Anyone that wants to can edit it to remove the shift, and they can even distribute their changed version. I don't expect that anyone would actually use it though, for many reasons.
September 15, 2012, 11:17:44 AM
Quote
"plan" to halve reward is changed,
The halve is already there, the plan is to let it happen.If the plan is changed it certainly won't be called Bitcoin. So yes I'll stay with Bitcoin.
September 15, 2012, 11:17:30 AM
+1
+1
+1
September 15, 2012, 10:27:13 AM
I have bought, used, and given away BTC with the understanding that they would be produced according to certain rules. Changing those rules after the start of the game is attempted theft. It is no different than accepting gold-backed dollars only to be told afterwards, "Those aren't worth anything any more. We decided to print a few billion extras even though we told you we were only printing as much as our reserves could cover. Sorry."
Fortunately, BTC has one important difference. You can't steal from me unless I allow it. You can't change the rules on me unless I go along with that change.
So what do you think I would do in this hypothetical situation?
Fortunately, BTC has one important difference. You can't steal from me unless I allow it. You can't change the rules on me unless I go along with that change.
So what do you think I would do in this hypothetical situation?
September 15, 2012, 10:09:44 AM
Is this seriously being considered? I haven't seen any real debate on the matter. Link?
September 14, 2012, 08:30:28 PM
I will continue using the real Bitcoin.
+1 I'll switch pools asap.
September 14, 2012, 08:08:37 PM
Yeah I think my question has not been understood by everyone. I will edit it and reset it.
I can't vote either way. For me, the choice would really be:1. go with the group playing by the original bitcoin rules
2. go with the group playing by the new bitcoin rules
3. go with some other p2p cryptocurrency clone or type
4. go with some other choice i don't have in mind yet
Cryptocurrencies seem to be here to stay; it would be unwise to "quit"...
September 14, 2012, 07:39:41 PM
Poll is misworded. Any such fork would no longer be bitcoin, and I'm sticking with what I've got.
September 14, 2012, 07:38:06 PM
Let's see...
For me I say YES
For me I say YES
You might wish to change the title to when, not if.
Block 210,000 it happens.
He doesn't mean "if the block reward is changed" he means "if the 'plan' to halve is changed".
Yeah I think my question has not been understood by everyone. I will edit it and reset it.
September 14, 2012, 07:37:34 PM
There is no voting. Just do nothing— your node will happily ignore idiots who made a totally worthless fork, no matter how many of them there are. 
This post might as well say, "Will you quit bitcoin if some people install on their own computers a web interface to paypal called bitcoin?"
+1 This post might as well say, "Will you quit bitcoin if some people install on their own computers a web interface to paypal called bitcoin?"
Such a fork and how the sum of Bitcoin market forces changes would be very interesting though...
We have already seen a number of clones with different rules, which seem to predict which way it would ultimately turn out...
BTW, there would in fact be voting, because as the Buddhists say, "One cannot 'do nothing'! One can only 'do not doing'!" So, it would be voting by "not doing"...
September 14, 2012, 07:28:08 PM
+1
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