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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17021. (Read 26717372 times)

legendary
Activity: 2660
Merit: 2868
Shitcoin Minimalist
It's not clear to me, is what just happened even possible on main net?
They should be thanking whoever accelerated the '6000 blocks in one day' for showing them their fundamental brokenness bugs (how fucked they are) ... instead we get BS talking points about ASICs on testnet, wah-wah, who knew?

This.

And gmaxwell hit it out of the park:

Quote
Re "attacks" -- btc1 nodes haven't mined a block for a day. That isn't an attack, that's just a failure.

Crying attack isn't helpful-- it's often not true and at the end of the day the software must survive in an adversarial environment where attacks exist. (Though AFAICT this issue can result in pure btc1 attacker free environments stalling, and BU containing environments forking-- no attackers required).

The issue isn't a new one, this was raised as a concern and use of the 'hardfork bit' (most significant bit which must not be set on existing nodes) rather than a large block requirement was recommended.

    0.840 MB/block.

Which is less than 1 and segwit isn't even enabled yet. Moreover, btc1 by default will not make a block >1MB even if there are transactions in the mempool for it. You guys are just making your code all the more frighting by vigorously denying the issues.

Perhaps instead of making excuses you should resolve the fork? Maybe then write some tests?

And then he gets called a troll.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
It's not clear to me, is what just happened even possible on main net?

No, because there's no way anybody would risk real money with SegWit2X clown code.

The '6000 blocks mined in day' talking point distraction is obfuscating the real problem that the code then got stuck when the (accelerated) HF happened ... you know like the piece of the code that whole client is in existence because ... it's raison d'etre is broken.

They should be thanking whoever accelerated the '6000 blocks in one day' for showing them their fundamental brokenness bugs (how fucked they are) ... instead we get BS talking points about ASICs on testnet, wah-wah, who knew?
legendary
Activity: 2520
Merit: 3038
It's not clear to me, is what just happened even possible on main net?

6000 blocks mined in a day? Sure. But at what probability?
Very unlikely it could happen on mainnet. Way too many transactions there to get stuck. At least from what I understood, it's been explained as a matter of not enough transactions to fill a large block. BUT to me it shows a poorly planned test.

They cry attack now, and there's talk of a secret testnet. Good luck with that.

Interesting discussion on github (the only public space where such discussion isn't secret) here: https://github.com/btc1/bitcoin/issues/65

BTW this could be/lead into the possible "slight but significant correction" I forecast for the next 2-3 weeks a couple pages back.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
It's not clear to me, is what just happened even possible on main net?

6000 blocks mined in a day? Sure. But at what probability?
legendary
Activity: 1260
Merit: 1116
It's not clear to me, is what just happened even possible on main net?
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
https://bitcointalksearch.org/topic/m.15121

jgarzik is finally going to rush his blocksize 'patch' through after 7 years?

He should have prepared properly after 7 years.
hero member
Activity: 1848
Merit: 640
*Brute force will solve any Bitcoin problem*
One thing is for sure... when 1 Aug comes, there will be no more weak hands left.

To da moon?

~marzzz then we test ringzzz of saturn Cool  SegWit will be like godzilla Cheesy
legendary
Activity: 1260
Merit: 1116
It's all there, black and white, clear as crystal. We stole the fizzy lifting drinks. We bumped into the ceiling which now has to be washed and sterilized, so we get nothing. We lose.
legendary
Activity: 3920
Merit: 2349
Eadem mutata resurgo
Badness and wrongness all around.

Bad coders in cartel with malicious miners are rushing forward with a crucial, contentious protocol change in one of the worst possible ways.

Hypocrites have been screeching about "Satoshi's vision" for 3 years and when it comes to a blocksize hardfork they rush it out under emergency 'crisis' (more screeching lies and half-truths) ... diametrically opposed to about the only thing satoshi suggested any concrete plans for ...

Quote
It can be phased in, like:

if (blocknumber > 115000)
    maxblocksize = largerlimit

It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete.

https://bitcointalksearch.org/topic/m.15366

It feels like a part of bitcoin is dying.
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
Maybe it's another year long bear market accumulation phase, so that we can celebrate again for 3 months in a few years when bitcoin crosses the 10k mark. Tongue

https://youtu.be/TRTkCHE1sS4?t=40s
legendary
Activity: 1932
Merit: 1610
Self made HODLER ✓
One thing is for sure... when 1 Aug comes, there will be no more weak hands left.

To da moon?
hero member
Activity: 658
Merit: 503
Bear with me


We're all going to die
legendary
Activity: 1474
Merit: 1087
But...all of my immense wealth Cry

Heads up! Maybe it's another year long bear market accumulation phase, so that we can celebrate again for 3 months in a few years when bitcoin crosses the 10k mark. Tongue
hero member
Activity: 658
Merit: 503
Bear with me
legendary
Activity: 1260
Merit: 1116
But...all of my immense wealth Cry
legendary
Activity: 1474
Merit: 1087
That is a pretty heavy drop currently.

Ether is tanking brutally.
sr. member
Activity: 366
Merit: 261
HAPPY HOLYDAYS PEOPLE. AND REMEMBER:
legendary
Activity: 1260
Merit: 1116
I remember reading about a Core troll army move to support name coin, because the Eth name service was getting so much attention. But somebody's always talking about pumping something for some reason. It's probably just the wind tbh.
sr. member
Activity: 336
Merit: 250
There never was too much blood in the water anyways, and it seems most people like me already expected sideways or down until Aug 1. Nothing concerning as of yet, whales are likely sleeping right now as well. Just be happy we are still above 2000, this may not hold true during August Smiley


No worries here. I'm just fine with any direction.

Anyone got an idea, why namecoin is holding relatively well today? - I'm just a bit surprised, because it's the most similar coin to bitcoin. If bitcoin would be falling because of hardforking concerns, namecoin should even fall more, no?


So,...:




...just in case ...
legendary
Activity: 1624
Merit: 1130
Bitcoin FTW!
It looks like the crocodile's jaws snapped shut.

Everybody still got all of his limbs? Does not seem like there is much blood in the water yet?




There never was too much blood in the water anyways, and it seems most people like me already expected sideways or down until Aug 1. Nothing concerning as of yet, whales are likely sleeping right now as well. Just be happy we are still above 2000, this may not hold true during August Smiley
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