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Topic: The man does have a point - Roger Ver (Read 1452 times)

sr. member
Activity: 812
Merit: 251
March 19, 2017, 07:02:00 AM
#30

Seems like an altcoin pump to me. He invested 5% of his bitcoin stash into alts? he'd be crazy to not sell out now since they've gone up so much.

Exactly because I forsee the Altcoins will start dumping soon, maybe this week and being such a smart guy I guess he's already sold them up.
hero member
Activity: 742
Merit: 500
March 19, 2017, 06:42:23 AM
#29
He has become a bitcoin antichrist and he just wants to make some huge profits via BU.
legendary
Activity: 4410
Merit: 4766
March 19, 2017, 06:37:16 AM
#28
Don't be fooled by this... Roger Ver is Anti-government and he will support anything that says "Fuck Government" ... They send him to jail, and I

would also be pissed off, if they have done that to me.


I'm Anti-government, there's a huge amount right with it, but Roger is a strange kind of anarchist.


Roger has been promoting all the blocksize hard fork Bitcoin coups, seemingly without realising that he's promoting the number 1 thing government and/or central banks would love: an idea to increase transaction rate that screws Bitcoin up in a way that's fairly subtle to understand. If there's one thing the soft-fascist establishment loves, it's cleverly subtle ways of tricking the public into doing something that's against the public's interests, and in the interests of the establishment.

There's nothing wrong with anarchism, unless you believe all that nonsense you see on the TV where anarchists are just angry, hateful people that secretly want to be in power themselves. It's the best check on power there could be; taking away the power of the most powerful.

lol pot calling kettle black?
blockstream  are the ones with the biased ban-score listings. the 'we will split using bip9 and UASF' on activation day or even if we dont get our way..
blockstreams investor partners DCG have even had meetings about it and announced treating anything not core an altcoin.

for an anti-government anarchist you certainly do love being governed carlton. rather than just letting bitcoins CODE consensus find its way

while all the other implementations have just been happily running for 2years+ not setting deadlines or demanding splits. and just waiting for natural and true bitcoin consensus to move things along.
legendary
Activity: 3430
Merit: 3080
March 19, 2017, 06:32:22 AM
#27
Don't be fooled by this... Roger Ver is Anti-government and he will support anything that says "Fuck Government" ... They send him to jail, and I

would also be pissed off, if they have done that to me.


I'm Anti-government, there's a huge amount right with it, but Roger is a strange kind of anarchist.


Roger has been promoting all the blocksize hard fork Bitcoin coups, seemingly without realising that he's promoting the number 1 thing government and/or central banks would love: an idea to increase transaction rate that screws Bitcoin up in a way that's fairly subtle to understand. If there's one thing the soft-fascist establishment loves, it's cleverly subtle ways of tricking the public into doing something that's against the public's interests, and in the interests of the establishment.

There's nothing wrong with anarchism, unless you believe all that nonsense you see on the TV where anarchists are just angry, hateful people that secretly want to be in power themselves. It's the best check on power there could be; taking away the power of the most powerful.
legendary
Activity: 4410
Merit: 4766
March 19, 2017, 06:22:07 AM
#26
full node are meaninglesshere, why we should care if they need more money to run one? they are useless for the consensus,

they are not meaningless.. they are integral to consensus.
but core BYPASSED consensus to try sliding their half gesture under the rug. which backfired because pools wont produce anything different unless there is a majority of nodes ready to accept and not orphan what pools produce.

yep blockstream also have their fibre network pre-set up as the upstream filters as their fake gesture of confidence that pools shouldnt care about nodes because everything is routed through the FIBRE upstream filters first. but on a decentralised network, pools would rather connect to diverse nodes that accept what pools produce,(offset risk of bugs/issues of fibre/core) not be forced into routing data through a centralised gatekeeper 'filter' first. as going with FIBRE and blockstreams efforts is just setting up a TIER network not a PEER network.
legendary
Activity: 1904
Merit: 1074
March 19, 2017, 06:18:31 AM
#25
Don't be fooled by this... Roger Ver is Anti-government and he will support anything that says "Fuck Government" ... They send him to jail, and I

would also be pissed off, if they have done that to me. Dash is being hyped up as the real "FU Government" coin and Bitcoin is now hyped as the

"Blockstream controlled" coin... So a lot of people are following Roger Ver religiously and will also start buying Dash soon. This will push the price

up and a lot of people will make a load of profit on this bubble. Just hope you get out before the bubble burst.  Roll Eyes

Do you think Dash will be globally accepted by governments? Nope... even Bitcoin's Pseudo anonymity is being frowned on and this will not be

tolerated by them... and will eventually be banned. I am also apposed to some of the things governments do... but I am also realistic on what will

work and what will not work for the current situation.... if you really want to make a difference, let your vote speak for you.  Wink

https://coinmarketcap.com/currencies/dash/

legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
March 19, 2017, 06:10:31 AM
#24
Increasing block size won't change anything, because block size was never the problem to begin with?

Well, it will change the total amount of transactions possible, spamming isn't outcompeting genuine economic interests of those who can afford higher fees than spammers. Or at least not yet.

But lets not forget that another curcial difference that increasing the blocksize will make is it will increase the IBD (initial blockchain download) and the data costs of running a full node. Neither are good.

I'd like to get to a point in the future, maybe 2020 ish or later, where people can legitimately say "I only need a 700GB file? But that downloads in 5 minutes! And just 1 hour to check all the transactions!? My phone can do that!!!". In those circumstances (which would need massive increases in computer processors and internet infrastructure), going to, say, 8MB blocks wouldn't be a risk. But it takes the average computer DAYS to do that now, it's a non-starter until days turns into hours.


And above all, I'm more concerned about those who want Bitcoin to fail, not miners gaming inflated fee profits. But both are legitimate concerns to be fair.

full node are meaninglesshere, why we should care if they need more money to run one? they are useless for the consensus, and GB are nearly free today, they cost vey low amount of money, and internet connection is very fast, with 100MB you can download the entire blockcahin in few hours, and you only need to download it once not many time, once downloaded you are done, even if it grow 2x/4x the times it is now, with a 3 terabyte ssd you have plenty of storage
legendary
Activity: 4410
Merit: 4766
March 19, 2017, 05:59:13 AM
#23
But lets not forget that another curcial difference that increasing the blocksize will make is it will increase the IBD (initial blockchain download)

But it takes the average computer DAYS to do that now, it's a non-starter until days turns into hours.


lets not forget a crucial thing. the blockchain never syncs.... every ~10minutes its always adding more data. it never stops..

secondly.
the thing that actually pee's people off is not the IBD itself but the side-effect that when they import keys they cannot see an uptodate balance for days to be able to spend their coins straight away.

a fix would be for nodes to grab an existent UTXO set from a peer(or 2 for comparison) FIRST and let the GUI run as a litenode while then making the IBD more of a background activity that doesnt delay utility.
(come on carlton you are an armory fanboy afterall, i would have thought even you would have conceived an idea that a node 'could' initially function as a litenode during the IBD time)

as for hardware
on average people upgrade their hardware every 2-5 years anyway, and telecommunications companies have a 5 year plan (fibre & 5G).
knowing that
bitcoin (pre libsecp256k1) was able to run on a raspberryPi1 ... and knowing (post  libsecp256k1 efficiency) along with a raspberryPi3 allows for alot more 'capability' (20x-60x) means that minimum hardware compared to 5 years ago has much more allowances.. so stagnating bitcoin based on tech/stats that are 5-8 years outdated becomes foolish.

do you think activation halts its Call of Duty game production based on having to get it to be compatible with 8 year old tech.. nope.
hero member
Activity: 1372
Merit: 500
March 19, 2017, 05:37:11 AM
#22

Seems like an altcoin pump to me. He invested 5% of his bitcoin stash into alts? he'd be crazy to not sell out now since they've gone up so much.
newbie
Activity: 1
Merit: 0
March 19, 2017, 05:03:30 AM
#21
Things went wrong when this became a discussion which of Core or Unlimited is the best solution. Now people look at them both, compares and believes they make a well thought decision
of what to support. Problem is that which solution is the best is more or less irrelevant. I could make a bitcoin fork and add a tiny (but still very good) incompatible feature, this would
make be implementation superior to Bitcoin Core (atleast for a few days) tho choosing my implementation would still be very unwise. Same thing here, lets pretend Bitcoin Unlimited
really is the superior implementation, better that Bitcoin Core in all ways, we still shouldn't support this split. One thing with bitcoin (in my opinion) was to show the governments that we don't
need this central authority to control things, that we actually can agree to things on our own. If what is about to happen really happens it clearly shows we couldn't. Bitcoin is stronger than
all the other alt coins for a reason, if this split happens that advantage may be gone.
legendary
Activity: 1498
Merit: 1117
March 19, 2017, 05:01:09 AM
#20
the guy of this show is just a pity. i can nearly watch this show. although i want to hear what Ver has to say.
hero member
Activity: 994
Merit: 544
March 19, 2017, 04:58:25 AM
#19
He's risking bitcoin's stability & credibility without quantifying what type of real world gains a 2MB block size could yield.

That's like buying a refrigerator without measuring to see if it fits in your kitchen 1st.

This guy is supposed to be smart?   Undecided

no....that's like saying "don't give this guy who's choking on a piece of bread the heimlich maneuver...we really don't know what kind of 'real world gain's it might have to make sure he's able to keep breathing.

Your analogies are both too basic. It's more like a complex medical procedure that's under changes. Some people believe the old way is better with a 90% success rate but the new way promises 99.99%. The problem is no one knows the real side affects until the new complex procedure has started.

The most complex thing about checking what is the best system for bitcoin mining is to evaluate the disadvantage and advantages of both sides. Segwit offers solutions like increasing the blocksize to 2 mb but the problem lies on its applicability on the real situation. While Bitcoin Unlimited on the other hand uses hard fork and can increase the blocksize in a large capacity but will have troubles later on. Thus it is hard to choose between the two. But for me I would now side with segwit and the reasons is that the core developers are backing it up.
legendary
Activity: 3430
Merit: 3080
March 19, 2017, 04:55:46 AM
#18
I can't dismiss Roger Ver logic and rational thinking.

The only person i trust is Andreas Antonopolous. He is truly one honest person that working for the good of bitcoin at all times.

Trust logic, Andreas makes good logical arguments, but that's not definitive, he might get something horribly wrong in the future. It would be really dangerous if everyone blindly followed Andreas if or when he does suggest something that doesn't really make sense.

Trusting people based on past performance can be dangerous. Everyone becoming as educated as possible about the issues relevant to Bitcoin is the real answer.
legendary
Activity: 2296
Merit: 1014
March 19, 2017, 04:44:50 AM
#17
I can't dismiss Roger Ver logic and rational thinking.

The only person i trust is Andreas Antonopolous. He is truly one honest person that working for the good of bitcoin at all times.
Noone else have my trust, im confused if roger ver is lunatic or good person for bitcoin, i don't know. Im confusing many names in bitcoin world, if this one was in prison already or not, if he pulled some scam before or not. This is really sad place.
legendary
Activity: 3430
Merit: 3080
March 19, 2017, 04:26:45 AM
#16
Increasing block size won't change anything, because block size was never the problem to begin with?

Well, it will change the total amount of transactions possible, spamming isn't outcompeting genuine economic interests of those who can afford higher fees than spammers. Or at least not yet.

But lets not forget that another curcial difference that increasing the blocksize will make is it will increase the IBD (initial blockchain download) and the data costs of running a full node. Neither are good.

I'd like to get to a point in the future, maybe 2020 ish or later, where people can legitimately say "I only need a 700GB file? But that downloads in 5 minutes! And just 1 hour to check all the transactions!? My phone can do that!!!". In those circumstances (which would need massive increases in computer processors and internet infrastructure), going to, say, 8MB blocks wouldn't be a risk. But it takes the average computer DAYS to do that now, it's a non-starter until days turns into hours.


And above all, I'm more concerned about those who want Bitcoin to fail, not miners gaming inflated fee profits. But both are legitimate concerns to be fair.
sr. member
Activity: 322
Merit: 250
March 19, 2017, 04:16:58 AM
#15
The presenter makes me feel very uneasy, he seems dead inside. Probably sold his soul to Ver Wink
legendary
Activity: 2562
Merit: 1441
March 19, 2017, 04:03:21 AM
#14
If that was true, you would be suggesting improvements to layer 1, not adding simplistic attack vectors that beget more simplistic attack vectors.

Everyone knows how blocksize increases will play out:

  • increase blocksize
  • new blocksize gets spammed
  • tx fees are then the same as they were before
  • increase blocksize
  • new blocksize gets spammed
  • tx fees are then the same as they were before

If you want to argue "let's have an upper limit then!"...

Then why mess around, just set an upper limit, we'll end up at that limit anyway

It seems as if block size is irrelevent.

No matter how large blocks are, they will always succumb to DDOS style, deliberately spammed transactions.

Its in miners own self interest to spam the network to raise transaction fees higher & boost profits.

It is possible we could have 1GB blocks and they'd still spam to raise transaction fees.

Increasing block size won't change anything, because block size was never the problem to begin with?
legendary
Activity: 3430
Merit: 3080
March 19, 2017, 03:46:32 AM
#13
My main point is that we shouldn't damage layer one's usability today in order to force people onto layer two.  

If that was true, you would be suggesting improvements to layer 1, not adding simplistic attack vectors that beget more simplistic attack vectors.

Everyone knows how blocksize increases will play out:

  • increase blocksize
  • new blocksize gets spammed
  • tx fees are then the same as they were before
  • increase blocksize
  • new blocksize gets spammed
  • tx fees are then the same as they were before

If you want to argue "let's have an upper limit then!"...

Then why mess around, just set an upper limit, we'll end up at that limit anyway



They'll just be forced into altcoins anyhow. (As we are seeing)

People buying altcoins is not a substitute for Bitcoin transactions, none are anywhere close to being as well engineered and proven as Bitcoin itself. And we all know that using altcoins to send Bitcoin is the dumbest idea ever: if you have to send a BTC transaction to an altcoin exchange anyway, you may as well just cut the crap and send your BTC transactions to where you want it to go. Fail, Roger.


When will you listen and learn? Scaling does not mean increasing the data burden on the network 1:1. That's not scaling.

Finding ways to make the separate transactions themselves use less space or network resources is what scaling actually means. Why are you pushing so hard for the complete opposite?
sr. member
Activity: 277
Merit: 250
March 19, 2017, 03:43:43 AM
#12
Ver is Dash guy and Bitcoin Juda
hero member
Activity: 605
Merit: 500
March 19, 2017, 03:41:38 AM
#11
One thing that stands out in OP's youtube video, is Roger Ver saying he wants bitcoin to compete with credit cards in terms of transaction speed and fees so that "everyone can use it".

That's kind of like saying he wants to make encrypted WIFI fast enough to play video games as well as an FIOS hardline.

He doesn't seem to have a plan or idea on how to achieve this.

He doesn't seem to understand encryption based technologies like bitcoin will never be as fast as credit cards, for the same reasons that encrypted WIFI will always be much slower than using an unencrypted hardline for gaming.

He seems to think that if he continues to increase block size, he'll eventually reach a point where bitcoin can execute thousands of transactions per second, like credit cards do.

It seems like a bad plan created by a person who lacks the technical background to be involved with making key bitcoin design decisions.

Great job putting words in my mouth.
Layer two technologies will allow Bitcoin to compete with Credit Cards.
My main point is that we shouldn't damage layer one's usability today in order to force people onto layer two.  They'll just be forced into altcoins anyhow. (As we are seeing)

BU's roadmap preserves layer one.  Core's roadmap intentionally damages layer one.
It is clear to me which path is the safer one.


Thanks for chiming in Roger... How much weight do you put into DDOS and SPAM arguments when it comes to larger blocks and how BU is planning to deal with this?
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