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Topic: SegWit = Losing money (Read 1668 times)

hv_
legendary
Activity: 2506
Merit: 1055
Clean Code and Scale
February 05, 2017, 05:50:50 AM
#32
If you don't let Greg Maxwell take over Bitcoin to install SegWit altcoin, Price Waterhouse will lose $76 million.

Quote
Blockstream has so far raised $76m in funding for experimental ideas like its in-development sidechains network, while inking partnerships with more traditional financial firms like PwC.
http://www.coindesk.com/bitcoin-blockstream-greg-maxwell-blockchain-uncontrollable-noun/

Why do people just stand by and let this private takeover happen?  Are we sheep?




Mega fud trolls best.

Segwit is adding smart contracts capabilities from the best developers of the world. I dont care for whom they are working. Important is the best tech and cheaper transactions without bloating the blocks and then schorr signatures.

However we will see at the end of the year

What makes you sure that BU idea is limited to fix the blocksize only?
hv_
legendary
Activity: 2506
Merit: 1055
Clean Code and Scale
February 05, 2017, 05:46:43 AM
#31
Calling a soft fork an 'altcoin' makes you the only sheep around here. Roll Eyes


Ok. Good comment. We call it SoftCoin from now on.

I would prefer the hard bitcoin with unlimited value.

 Cheesy
hero member
Activity: 518
Merit: 500
February 05, 2017, 01:33:04 AM
#30
Chinese Miners might just take over all software development

You suggest surrender to the Chinese miners? youre such a wuss...
I'm not afraid of them  Cool
It is not about afraid to Chinese miners or not, segwit can be activated if the miners supports it.
Right now Chinese miners won't supports to segwit. 
Bitcoin are more than democrat in a country, we can participate on bitcoin include supports to segwit or not
all of us has right for choose include Chinese miners.
legendary
Activity: 1876
Merit: 1000
February 03, 2017, 08:47:17 AM
#29
i for one welcome our new chinese overlords  Wink
legendary
Activity: 1092
Merit: 1000
February 03, 2017, 08:36:31 AM
#28
Chinese Miners might just take over all software development

You suggest surrender to the Chinese miners? youre such a wuss...
I'm not afraid of them  Cool

But your wuss asses can't stop them can you?
They have ruled BTC for over a year and you have done nothing.
 
You will be calling China Daddy soon enough.  Cheesy

 Cool
Which nation should I despise for giving birth such a candy ass like you, who wants to obey chinese without a murmur?


LOL,

Who says I was going to obey the Chinese, by the time the rest of you realize China is your daddy ,

ZEIT will be strong enough to replace it. Just a matter of Time.   Wink

But until then , I will just use other Alts when BTC unconfirmed transactions are over 10 thousand.

If you don't hold BTC as an investment, then China can't be your daddy.  Wink
I never keep more than 50 bucks in BTC (Better Trust China) .

 Cool

FYI:
USA
sr. member
Activity: 294
Merit: 250
February 03, 2017, 08:14:06 AM
#27
Why SegWit want to be activated immediately on bitcoin?
Why not release it on new crypto-currency with SegWit and test this technology without changes in bitcoin?
newbie
Activity: 32
Merit: 0
February 03, 2017, 08:13:54 AM
#26
Chinese Miners might just take over all software development

You suggest surrender to the Chinese miners? youre such a wuss...
I'm not afraid of them  Cool

But your wuss asses can't stop them can you?
They have ruled BTC for over a year and you have done nothing.
 
You will be calling China Daddy soon enough.  Cheesy

 Cool
Which nation should I despise for giving birth such a candy ass like you, who wants to obey chinese without a murmur?
legendary
Activity: 1092
Merit: 1000
February 03, 2017, 07:34:53 AM
#25
the solution to this threads debate;

http://litecoinblockhalf.com/segwit.php

 Wink

(pro segwit simply move to litecoin.....thank me later).


Moving to LTC solves the transactions issue even with out segwit.

LTC already has 4X the Transactions capacity of BTC.


 Cool
legendary
Activity: 1092
Merit: 1000
February 03, 2017, 07:32:15 AM
#24
Chinese Miners might just take over all software development

You suggest surrender to the Chinese miners? youre such a wuss...
I'm not afraid of them  Cool

But your wuss asses can't stop them can you?
They have ruled BTC for over a year and you have done nothing.
 
You will be calling China Daddy soon enough.  Cheesy

 Cool
legendary
Activity: 1876
Merit: 1000
February 03, 2017, 02:17:22 AM
#23
the solution to this threads debate;

http://litecoinblockhalf.com/segwit.php

 Wink

(pro segwit simply move to litecoin.....thank me later).
newbie
Activity: 32
Merit: 0
February 03, 2017, 01:55:15 AM
#22
Chinese Miners might just take over all software development

You suggest surrender to the Chinese miners? youre such a wuss...
I'm not afraid of them  Cool
legendary
Activity: 1092
Merit: 1000
February 03, 2017, 12:12:08 AM
#21
I support segwit, because I've learned all data to the issue and it turns out, that segwit is far better and safer than hardfork Wink

Anyone ever tell you guys , you seem like a bunch of Wusses.
Never seen a community more afraid of a hard fork than the BTC group.

Old Saying , Fortune Favors the Bold,
This BTC community is too afraid of a hard fork to fix a know issue, that has just been getting worse.
https://bitcointalksearch.org/topic/more-than-50000-unconfirmed-transactions-1762690

Chinese Miners are blocking segwit, so you guys are going to have to put on your Big boy pants and hard fork to get a larger block size.
Or BTC is so weak , the Chinese Miners might just take over all software development , it is not like you wusses could stop them.


 Cool
legendary
Activity: 1358
Merit: 1014
February 02, 2017, 08:59:38 AM
#20
Wrong, Andreas A and everyone worth listening to are advocating for segwit:
https://twitter.com/aantonop/status/821016551075639297
lol
This is precisely what I was talking about.  "Andreas likes it, therefore I'll do it too".  Fucking sheep doesn't even know he is a sheep.  Are you a moron?


Notice how you are too dumb to counter-argument Andreas, so you just call people that agree with him "sheep" instead of actually refuting the pro-segwit argument. Get lost you buffon, you wish to know as much as A.A about bitcoin.
newbie
Activity: 32
Merit: 0
February 02, 2017, 08:42:38 AM
#19
I support segwit, because I've learned all data to the issue and it turns out, that segwit is far better and safer than hardfork Wink
legendary
Activity: 1092
Merit: 1000
February 02, 2017, 06:56:39 AM
#18

Segwit activation looks unlikely to happen now. The signalling support for Segwit has dropped from 25% earlier to 23% now.
Why so much fuss for a baby which died during childbirth?

It's too early to make conclusions. Also, you obviously don't even know what variance is.


And you obviously never bothered to do this

All Miners   -  Chinese Miners  =  What is Left
100%        -   68%                =  32%

Meaning the highest possible % voting for segwit will be 32%, and you are not even getting that.  Tongue

Let me break it down for you.
Chinese Miners No Like Segwit, so Segwit will Die! Wink
That is what happens when you have a centralized coin network.


 Cool
hero member
Activity: 994
Merit: 544
February 02, 2017, 06:38:28 AM
#17
Why is segwit equivalent to losing money. It is not applicable to all but to the owner of segwit. The problem with segwit and why they are going towards bankruptcy is that they want 95% consensus from the overall population of miners. That is very hard target to capture and with this its maybe good bye to segwit.  Soon BU will replace segwit, its funny.
legendary
Activity: 2674
Merit: 2965
Terminated.
February 02, 2017, 06:28:45 AM
#16
Calling a [segwit] an 'altcoin' makes you the only sheep around here. Roll Eyes

can you make a P2WPHK tx today on bitcoin mainnet..... no
is P2WPHK key generation active on bitcoin mainnet......no
do pools accept P2WPHK tx today on bitcoin mainnet..... no
do old nodes relay P2WPHK tx today on bitcoin mainnet..... no
The same way it was for pretty much any soft fork that introduced new TX types. What is the useless point that you're trying to make this time?

Segwit activation looks unlikely to happen now. The signalling support for Segwit has dropped from 25% earlier to 23% now.
Why so much fuss for a baby which died during childbirth?
It's too early to make conclusions. Also, you obviously don't even know what variance is.

because he has short positions in bitcoin and he is about to lose all his money  Cheesy
That wouldn't surprise me one bit.
sr. member
Activity: 243
Merit: 250
February 01, 2017, 09:37:55 PM
#15
Why do you so hate SegWit and call it is an altcoin? SegWit is the best solution to make the block size, hardfork will kill bitcoin, bitcpin price will plummet after hardfork. Softfork is good, and Lightening Network&TumbleBit can be implemented on SegWit.
because he has short positions in bitcoin and he is about to lose all his money  Cheesy
sr. member
Activity: 243
Merit: 250
February 01, 2017, 09:33:07 PM
#14
Why are you creating new thread everyday dumb ass? with such supporter Unlimited doesn't need any foe to fail  Grin
legendary
Activity: 1246
Merit: 1000
February 01, 2017, 09:28:14 PM
#13
If you don't let Greg Maxwell take over Bitcoin to install SegWit altcoin, Price Waterhouse will lose $76 million.

Quote
Blockstream has so far raised $76m in funding for experimental ideas like its in-development sidechains network, while inking partnerships with more traditional financial firms like PwC.
http://www.coindesk.com/bitcoin-blockstream-greg-maxwell-blockchain-uncontrollable-noun/

Why do people just stand by and let this private takeover happen?  Are we sheep?

Segwit activation looks unlikely to happen now. The signalling support for Segwit has dropped from 25% earlier to 23% now.
Why so much fuss for a baby which died during childbirth?
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