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Topic: The hardfork will make Gavincoin plummet to zero - page 7. (Read 11296 times)

legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
Gavincoin? Hardfork?

What are you guys talking about...

OP is trying to do damage, but there is no real problem updating Bitcoins' code.
The large mining pools control the network, and in this case, they can be trusted.
legendary
Activity: 2576
Merit: 1087
Gavincoin? Hardfork?

What are you guys talking about...

OP is confused by and scared of the proposal to increase block size. So is trying to recruit people to try and create a fork of the bitcoin blockchain that they want to call MPcoin. He is also campaigning to get Bitcoin renamed to Gavincoin.
legendary
Activity: 2576
Merit: 1087
You have posted a lot that you don't want gavin's update but you haven't actually posted why.

All you have done is repeatedly assured us that if the update goes in then MP will try to fork the blockchain.

I know why MP doesn't want the change, he's made it perfectly clear. I don't agree with him, but it's his opinion so I respect that. We just want different things out of bitcoin.

Why don't you actually want the change?  Hint: "Because it will fork the blockchain" isn't an answer, its at best FUD at worst a threat.

you loose me the moment you fix a system that isn't broken without consensus on it ahead of actual demand
the 'innovation' is causing chaos and being wasteful with HD recources of users
it's no innovation at all

i don't see me downloading 2.8GB every day just to sync up - and i know almost nobody will do that, that's why gavincoin will be the loosing fork (that was the basic point of the thread)


Let them do it, sit back relax and watch it go down the slippery slope over the decade.

Perhaps long after reversible transactions, inflation/deflation according to economic factors and a more sane transaction storage practice are in it finally becomes a usable payment system one can call a currency. Nobody except the victims of the pump & dump will shed a tear about the fixed coin supply if there is real economic growth.

interesting approach

What you describe there is certainly not the bitcoin people sign up for today though.

But i'll probably personally really take the approach of sitting back and relaxing. Speculating on alts just became a lot more rational.

I'm pretty confident the original Bitcoin chain will live on for decades though.


Here i the thing: Nobody required them to to sign up for anything, not satoshi, gavin, the bitcoin foundation or mark karpeles.
And it does matter what people decide to be Bitcoin in the future, innovations don't happen inevitably. It happens only if a majority of the people realize they need it and if the people who have the necessary skills to innovate decide to work together.

correct

You keep doing this thing where you argue one thing, but then use the opposite premise to argue another thing. You seem really confused.

On the one hand you keep saying that we are nowhere near 1MB blocks yet, so why do the change?

On the other hand you keep saying that if we do the change that you don't want to download 2.8GB a day (which is every block maxed out at ~20MB)

20MB blocks aren't suddenly going to fill up, despite your wild assertions they suddenly will. As you have already said the 1MB blocks aren't being used. So your data usage isn't going to spike suddenly.

Then there are the next round of updates, the ones that actually reduce bandwidth usage and initial blockchain download times. Pretty compelling reasons to upgrade. Which means that by the time we actually need >1MB blocks, the majority (not everyone, you were right) will have upgraded.

Theres a subtle difference between consensus and majority. what is happening is that it is being discussed now so that in can be implemented in good time to make sure that all of the bad things you say might happen won't.

The way consensus is reached in the blockchain is that first a majority of nodes agree, then anyone that didn't agree is financially incentivised to go with the longer chain and so discards there shorter chain. Thus consensus is reached.

Thats what will happen with this update. Provided the majority agree, the change will go in. At which point you are free to refuse to upgrade. By the time it actually becomes necessary to mine >1MB blocks the majority will have upgraded.

So the MP blockchain fork can go right ahead for as long as it likes until those involved realise they'd be better off mining *actual* bitcoin, like the majority. Then consensus will once again be reached.
legendary
Activity: 2338
Merit: 1035
Gavincoin? Hardfork?

What are you guys talking about...
sr. member
Activity: 266
Merit: 250
I know why MP doesn't want the change, he's made it perfectly clear. I don't agree with him, but it's his opinion so I respect that. We just want different things out of bitcoin.

afaik he (over-)invested in a bitcoin device which would not be able to handle bigger blocks? did you hear sth else?

More simple, he posted on his blog. details here In summary, he believes bitcoin is something that only the wealthy should want/need to use and that it isn't meant to be for everyone. Hence why he sees no need for the change.

I believe bitcoin is new money, and for it to work as such then every transaction ever goes on the blockchain. Which is why I think we do need the update.



ok, thanks

I know why MP doesn't want the change, he's made it perfectly clear. I don't agree with him, but it's his opinion so I respect that. We just want different things out of bitcoin.

afaik he (over-)invested in a bitcoin device which would not be able to handle bigger blocks? did you hear sth else?

Link?

sorry cant help you with that - and you shouldnt take it for real. i've read it here on btct somewhere.
legendary
Activity: 2576
Merit: 1087
I know why MP doesn't want the change, he's made it perfectly clear. I don't agree with him, but it's his opinion so I respect that. We just want different things out of bitcoin.

afaik he (over-)invested in a bitcoin device which would not be able to handle bigger blocks? did you hear sth else?

More simple, he posted on his blog. details here In summary, he believes bitcoin is something that only the wealthy should want/need to use and that it isn't meant to be for everyone. Hence why he sees no need for the change.

I believe bitcoin is new money, and for it to work as such then every transaction ever goes on the blockchain. Which is why I think we do need the update.

legendary
Activity: 1260
Merit: 1116
I know why MP doesn't want the change, he's made it perfectly clear. I don't agree with him, but it's his opinion so I respect that. We just want different things out of bitcoin.

afaik he (over-)invested in a bitcoin device which would not be able to handle bigger blocks? did you hear sth else?

Link?
member
Activity: 84
Merit: 10
You have posted a lot that you don't want gavin's update but you haven't actually posted why.

All you have done is repeatedly assured us that if the update goes in then MP will try to fork the blockchain.

I know why MP doesn't want the change, he's made it perfectly clear. I don't agree with him, but it's his opinion so I respect that. We just want different things out of bitcoin.

Why don't you actually want the change?  Hint: "Because it will fork the blockchain" isn't an answer, its at best FUD at worst a threat.

you loose me the moment you fix a system that isn't broken without consensus on it ahead of actual demand
the 'innovation' is causing chaos and being wasteful with HD recources of users
it's no innovation at all

i don't see me downloading 2.8GB every day just to sync up - and i know almost nobody will do that, that's why gavincoin will be the loosing fork (that was the basic point of the thread)


Let them do it, sit back relax and watch it go down the slippery slope over the decade.

Perhaps long after reversible transactions, inflation/deflation according to economic factors and a more sane transaction storage practice are in it finally becomes a usable payment system one can call a currency. Nobody except the victims of the pump & dump will shed a tear about the fixed coin supply if there is real economic growth.

interesting approach

What you describe there is certainly not the bitcoin people sign up for today though.

But i'll probably personally really take the approach of sitting back and relaxing. Speculating on alts just became a lot more rational.

I'm pretty confident the original Bitcoin chain will live on for decades though.


Here i the thing: Nobody required them to to sign up for anything, not satoshi, gavin, the bitcoin foundation or mark karpeles.
And it does matter what people decide to be Bitcoin in the future, innovations don't happen inevitably. It happens only if a majority of the people realize they need it and if the people who have the necessary skills to innovate decide to work together.

correct
sr. member
Activity: 266
Merit: 250
I know why MP doesn't want the change, he's made it perfectly clear. I don't agree with him, but it's his opinion so I respect that. We just want different things out of bitcoin.

afaik he (over-)invested in a bitcoin device which would not be able to handle bigger blocks? did you hear sth else?
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Let them do it, sit back relax and watch it go down the slippery slope over the decade.

Perhaps long after reversible transactions, inflation/deflation according to economic factors and a more sane transaction storage practice are in it finally becomes a usable payment system one can call a currency. Nobody except the victims of the pump & dump will shed a tear about the fixed coin supply if there is real economic growth.

interesting approach

What you describe there is certainly not the bitcoin people sign up for today though.

But i'll probably personally really take the approach of sitting back and relaxing. Speculating on alts just became a lot more rational.

I'm pretty confident the original Bitcoin chain will live on for decades though.


Here is the thing: Nobody required them to to sign up for anything, not satoshi, gavin, the bitcoin foundation or mark karpeles.
And it does matter what people decide to be Bitcoin in the future, innovations don't happen inevitably. It happens only if a majority of the people realize they need it and if the people who have the necessary skills to innovate decide to work on it.

Take things like the electric car or the electronic cigarette. The concepts were around for decades but they started to become a thing just a few years ago. That happened not because an inevitable trend but because a few people decided to do it and many others saw how good it is and started using it.
legendary
Activity: 2576
Merit: 1087
You have posted a lot that you don't want gavin's update but you haven't actually posted why.

All you have done is repeatedly assured us that if the update goes in then MP will try to fork the blockchain.

I know why MP doesn't want the change, he's made it perfectly clear. I don't agree with him, but it's his opinion so I respect that. We just want different things out of bitcoin.

Why don't you actually want the change?  Hint: "Because it will fork the blockchain" isn't an answer, its at best FUD at worst a threat.
member
Activity: 84
Merit: 10
Let them do it, sit back relax and watch it go down the slippery slope over the decade.

Perhaps long after reversible transactions, inflation/deflation according to economic factors and a more sane transaction storage practice are in it finally becomes a usable payment system one can call a currency. Nobody except the victims of the pump & dump will shed a tear about the fixed coin supply if there is real economic growth.

interesting approach

What you describe there is certainly not the bitcoin people sign up for today though.

But i'll probably personally really take the approach of sitting back and relaxing. Speculating on alts just became a lot more rational.

I'm pretty confident the original Bitcoin chain will live on for decades though.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Let them do it, set the precedent, sit back relax and watch it go down the slippery slope over the decade.

Perhaps long after reversible transactions, inflation/deflation according to economic factors and a more sane transaction storage practice are in it finally becomes a usable payment system one can call a currency. Nobody except the victims of the pump & dump will shed a tear about the fixed coin supply if there is real economic growth.
member
Activity: 84
Merit: 10
sr. member
Activity: 266
Merit: 250
hehehe
Gavincoin will be very centralised

says one of mpcoin-advocates with probably 6 holders and miners Wink
member
Activity: 84
Merit: 10
hehehe
Gavincoin will be very centralised
sr. member
Activity: 266
Merit: 250

Bitcoin is Bitcoin
Gavincoin is not Bitcoin

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but i really loose patience here for the brain spasm - i go back to trading. Maybe i check back in once having better mood for educating some sheep

infact bitcoin is what bitcoin.org and the github repo says it is...
bitcoin core defines the protocol and gavin happens to be one of the people able to change it.

if he changes it: YOU/MP need to fork bitcoin repo to something else Wink
member
Activity: 84
Merit: 10
legendary
Activity: 2576
Merit: 1087
I don't plan on supporting the fork. I want more proposals and more options besides just gavins that obviously doesn't have the full community support. If there is going to be a hard fork; there are other things that need done at that time as well to prevent future hard forks from happening within the next decade again.


+1

the whole approach is bullshit so far

- no other proposals
- no consensus
- not even an urgent need to fork (some supporters of the gavinfork want tell you that it would be urgent but that has been shown to be wrong)

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basically the community is devided in the people who think and talk sense and know the original purpose of the coin aswell as have a basic understanding of the tech and on the other side is the camp of the greedy sheep who don't give a fuck and tell everyone "just follow in line"

-----------

people need to inform themselves to protect their finances and be able to make educated decisions.

The change has to happen a long time before its needed to make sure everyone has time to upgrade.

Do keep up.
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