Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17442.

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: Biodom on April 05, 2017, 09:24:07 PM

Quote from: bitserve on April 05, 2017, 08:13:11 PM

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

convince him?
Cut him off, change the pow so something like this NEVER happens again.
If his machines stop working, so be it. I wouldn't mind losing all of mine providing that we have a path forward.
Besides, btc would be 2-3 times higher if not for that guy.

^demonizing MINERS is just ignorant ~ we need them to process the transactions period , i don't see the problem ! ~ if they start go out of control "painting" coins or singling out transactions and censoring them we will just reset the blockchain ~ no worries! Wink

*as per satoshis original ann

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: gentlemand on April 05, 2017, 08:40:24 PM

Quote from: gembitz on April 05, 2017, 08:38:14 PM

^trust me you have it backwards and the LN/segwit is just a gimmick only temporary sidechain nothing sustainable imho! :-D

Can you supply us with a list of sworn depositions from notable people and notarised qualifications that will convince us to trust you?

^exactly! why should we trust the lightning network team?~or ANY offchain scheme? lulz :-D

Biodom

legendary

Activity: 3990

Merit: 4597

Quote from: bitserve on April 05, 2017, 08:13:11 PM

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

convince him?
Cut him off, change the pow so something like this NEVER happens again.
If his machines stop working, so be it. I wouldn't mind losing all of mine providing that we have a path forward.
Besides, btc would be 2-3 times higher if not for that guy.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: gembitz on April 05, 2017, 08:38:14 PM

^trust me you have it backwards and the LN/segwit is just a gimmick only temporary sidechain nothing sustainable imho! :-D

Can you supply us with a list of sworn depositions from notable people and notarised qualifications that will convince us to trust you?

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: bitserve on April 05, 2017, 08:34:38 PM

Quote from: gembitz on April 05, 2017, 08:33:01 PM

Quote from: bitserve on April 05, 2017, 08:26:36 PM

Quote from: gentlemand on April 05, 2017, 08:15:06 PM

Quote from: bitserve on April 05, 2017, 08:13:11 PM

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

Short of offering him his own special block reward to give up his advantage, I can't really think of a single way of doing that.

Not gonna happen.

But if I understand it correctly, those "boosted" ASICS can also mine in a "non boosted" way which is compatible with Segwit. Then the solution is clear.... When all miners are "boosted" it will be no advantage, and switching to "non-boosted" mode for Segwit will keep the status quo.

^segwit is a bandaid on a bleeding stab wound !! :-D

Segwit+LN is a real scalable solution. Increasing the block size is the bandaid.

P.S.: I don't opposse to eventually increasing the block size. But not now, and not before implementing segwit+LN.

^trust me you have it backwards and the LN/segwit is just a gimmick only temporary sidechain nothing sustainable imho! :-D

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: bitserve on April 05, 2017, 08:29:01 PM

Quote from: gembitz on April 05, 2017, 08:25:29 PM

Quote from: bitserve on April 05, 2017, 08:13:11 PM

Quote from: deepcolderwallet on April 05, 2017, 08:00:27 PM

Quote from: bitserve on April 05, 2017, 07:43:07 PM

Quote from: deepcolderwallet on April 05, 2017, 07:31:00 PM

I'd like to see Jihan facing jail for this, unfortunately he will go off without any major damage except for laying down his name (even more) in the mud.

EDIT: actually Lerner and Timo are the guilty, Jihan only took advantage as a piece of shit he is...

Why would he not take advantage of it?

Because of Morals and Ethics? Nevermind, unfortunately it's not universal consensus.

ANTMINER is a business. He is the CEO. He is right in taking advantage of his "optimised asic"... He is wrong in trying to hide it with all that nonsense BUllshit. Now we will know how much he was wrong and if the public image damage is bigger than that 20-30% advantage.

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

^we need BIGGER BLOCKS period this argument of segwit vs BTU is bogus .. it's more like LN vs BIG BLOCKERS!! :-D

https://blockchain.info/blocks/AntPool

~OBVIOUSLY THE BLOCKS ARE FULL^^^^

Of course it is LN vs Big Blockers. Who said otherwise?

We want Segwit and LN so that most of transactions don't end in the distributed blockchain.

^weeeee want to have the BIGGEST distributed blockchain ever what are you talking about fool! :-D

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: gembitz on April 05, 2017, 08:33:01 PM

Quote from: bitserve on April 05, 2017, 08:26:36 PM

Quote from: gentlemand on April 05, 2017, 08:15:06 PM

Quote from: bitserve on April 05, 2017, 08:13:11 PM

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

Short of offering him his own special block reward to give up his advantage, I can't really think of a single way of doing that.

Not gonna happen.

But if I understand it correctly, those "boosted" ASICS can also mine in a "non boosted" way which is compatible with Segwit. Then the solution is clear.... When all miners are "boosted" it will be no advantage, and switching to "non-boosted" mode for Segwit will keep the status quo.

^segwit is a bandaid on a bleeding stab wound !! :-D

Segwit+LN is a real scalable solution. Increasing the block size is the bandaid.

P.S.: I don't opposse to eventually increasing the block size. But not now, and not before implementing segwit+LN.

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: bitserve on April 05, 2017, 08:26:36 PM

Quote from: gentlemand on April 05, 2017, 08:15:06 PM

Quote from: bitserve on April 05, 2017, 08:13:11 PM

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

Short of offering him his own special block reward to give up his advantage, I can't really think of a single way of doing that.

Not gonna happen.

But if I understand it correctly, those "boosted" ASICS can also mine in a "non boosted" way which is compatible with Segwit. Then the solution is clear.... When all miners are "boosted" it will be no advantage, and switching to "non-boosted" mode for Segwit will keep the status quo.

^segwit is a bandaid on a bleeding stab wound !! :-D

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: gembitz on April 05, 2017, 08:25:29 PM

Quote from: bitserve on April 05, 2017, 08:13:11 PM

Quote from: deepcolderwallet on April 05, 2017, 08:00:27 PM

Quote from: bitserve on April 05, 2017, 07:43:07 PM

Quote from: deepcolderwallet on April 05, 2017, 07:31:00 PM

I'd like to see Jihan facing jail for this, unfortunately he will go off without any major damage except for laying down his name (even more) in the mud.

EDIT: actually Lerner and Timo are the guilty, Jihan only took advantage as a piece of shit he is...

Why would he not take advantage of it?

Because of Morals and Ethics? Nevermind, unfortunately it's not universal consensus.

ANTMINER is a business. He is the CEO. He is right in taking advantage of his "optimised asic"... He is wrong in trying to hide it with all that nonsense BUllshit. Now we will know how much he was wrong and if the public image damage is bigger than that 20-30% advantage.

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

^we need BIGGER BLOCKS period this argument of segwit vs BTU is bogus .. it's more like LN vs BIG BLOCKERS!! :-D

https://blockchain.info/blocks/AntPool

~OBVIOUSLY THE BLOCKS ARE FULL^^^^

Of course it is LN vs Big Blockers. Who said otherwise?

We want Segwit and LN so that most of transactions don't end in the distributed blockchain.

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: gentlemand on April 05, 2017, 08:15:06 PM

Quote from: bitserve on April 05, 2017, 08:13:11 PM

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

Short of offering him his own special block reward to give up his advantage, I can't really think of a single way of doing that.

Not gonna happen.

But if I understand it correctly, those "boosted" ASICS can also mine in a "non boosted" way which is compatible with Segwit. Then the solution is clear.... When all miners are "boosted" it will be no advantage, and switching to "non-boosted" mode for Segwit will keep the status quo.

gembitz

hero member

Activity: 1848

Merit: 640

*Brute force will solve any Bitcoin problem*

Quote from: bitserve on April 05, 2017, 08:13:11 PM

Quote from: deepcolderwallet on April 05, 2017, 08:00:27 PM

Quote from: bitserve on April 05, 2017, 07:43:07 PM

Quote from: deepcolderwallet on April 05, 2017, 07:31:00 PM

I'd like to see Jihan facing jail for this, unfortunately he will go off without any major damage except for laying down his name (even more) in the mud.

EDIT: actually Lerner and Timo are the guilty, Jihan only took advantage as a piece of shit he is...

Why would he not take advantage of it?

Because of Morals and Ethics? Nevermind, unfortunately it's not universal consensus.

ANTMINER is a business. He is the CEO. He is right in taking advantage of his "optimised asic"... He is wrong in trying to hide it with all that nonsense BUllshit. Now we will know how much he was wrong and if the public image damage is bigger than that 20-30% advantage.

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

^we need BIGGER BLOCKS period this argument of segwit vs BTU is bogus .. it's more like LN vs BIG BLOCKERS!! :-D

https://blockchain.info/blocks/AntPool

~OBVIOUSLY THE BLOCKS ARE FULL^^^^

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: bitserve on April 05, 2017, 08:13:11 PM

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

Short of offering him his own special block reward to give up his advantage, I can't really think of a single way of doing that.

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: deepcolderwallet on April 05, 2017, 08:00:27 PM

Quote from: bitserve on April 05, 2017, 07:43:07 PM

Quote from: deepcolderwallet on April 05, 2017, 07:31:00 PM

I'd like to see Jihan facing jail for this, unfortunately he will go off without any major damage except for laying down his name (even more) in the mud.

EDIT: actually Lerner and Timo are the guilty, Jihan only took advantage as a piece of shit he is...

Why would he not take advantage of it?

Because of Morals and Ethics? Nevermind, unfortunately it's not universal consensus.

ANTMINER is a business. He is the CEO. He is right in taking advantage of his "optimised asic"... He is wrong in trying to hide it with all that nonsense BUllshit. Now we will know how much he was wrong and if the public image damage is bigger than that 20-30% advantage.

Anyway, now that all cards are turned on the table we have a problem here. How to convince Jihan BU to lose that advantage in favor of Segwit.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Quote from: deepcolderwallet on April 05, 2017, 08:00:27 PM

Because of Morals and Ethics? Nevermind, unfortunately it's not universal consensus.

That's in relatively short supply in Bitcoinland. And if this fella wasn't doing it, somebody else would be and I'm surprised everyone isn't doing it. They probably will be if they can figure out how.

I'm not totally sure where the outrage comes in here. In plenty of ways it's a much less offensive motive than the power grab which many believed BU was, which it is of course too.

deepcolderwallet

full member

Activity: 294

Merit: 103

Quote from: bitserve on April 05, 2017, 07:43:07 PM

Quote from: deepcolderwallet on April 05, 2017, 07:31:00 PM

I'd like to see Jihan facing jail for this, unfortunately he will go off without any major damage except for laying down his name (even more) in the mud.

EDIT: actually Lerner and Timo are the guilty, Jihan only took advantage as a piece of shit he is...

Why would he not take advantage of it?

Because of Morals and Ethics? Nevermind, unfortunately it's not universal consensus.

bitserve

legendary

Activity: 1862

Merit: 1530

Self made HODLER ✓

Quote from: deepcolderwallet on April 05, 2017, 07:31:00 PM

Quote from: marcus_of_augustus on April 05, 2017, 06:35:03 PM

Quote from: Paashaas on April 02, 2017, 09:30:34 PM

Jihan and Roger are both the biggest piece of shit i've ever seen, and all those BU fans are all just clueless sheeps.

more than most realised ...

https://www.reddit.com/r/Bitcoin/comments/63otrp/gregory_maxwell_major_asic_manufacturer_is/

Jihan might be choking on his breakfast reading in china about now ...

I'd like to see Jihan facing jail for this, unfortunately he will go off without any major damage except for laying down his name (even more) in the mud.

EDIT: actually Lerner and Timo are the guilty, Jihan only took advantage as a piece of shit he is...

Why would he not take advantage of it?

deepcolderwallet

full member

Activity: 294

Merit: 103

Quote from: ?? on ??

Quote from: orpington on April 05, 2017, 05:54:51 PM

Quote from: European Central Bank on April 05, 2017, 05:28:29 PM

Quote from: xxxxxzzzzz on April 05, 2017, 05:26:02 PM

so LTC + Segwit scaling = Triple the price

may we *please* now go ahead already and do BTC + Segwit scaling = Triple the price ?

does that make sense to everyone yet ?

you pesky moon kids shouldn't be asking for positive developments. they know better and what's best for all of us is to sit doing nothing for the rest of eternity.

and here's some fun info

https://www.reddit.com/r/Bitcoin/comments/63otrp/gregory_maxwell_major_asic_manufacturer_is/

tldr = bitmain has been exploiting a secret power saving advantage that disappears if segwit happens.

behavior explained. when can we wipe these assholes out?

haha. Well, surprise, surprise...

cue a "shit hits the fan" meme in 3...2...

deepcolderwallet

full member

Activity: 294

Merit: 103

Quote from: marcus_of_augustus on April 05, 2017, 06:35:03 PM

Quote from: Paashaas on April 02, 2017, 09:30:34 PM

Jihan and Roger are both the biggest piece of shit i've ever seen, and all those BU fans are all just clueless sheeps.

more than most realised ...

https://www.reddit.com/r/Bitcoin/comments/63otrp/gregory_maxwell_major_asic_manufacturer_is/

Jihan might be choking on his breakfast reading in china about now ...

I'd like to see Jihan facing jail for this, unfortunately he will go off without any major damage except for laying down his name (even more) in the mud.

EDIT: actually Lerner and Timo are the guilty, Jihan only took advantage as a piece of shit he is...

orpington

hero member

Activity: 784

Merit: 512

BU real cheap now on Bitfinex. Anyone wanna buy? lol

orpington

hero member

Activity: 784

Merit: 512

Quote from: European Central Bank on April 05, 2017, 07:18:11 PM

Quote from: orpington on April 05, 2017, 07:13:35 PM

I do believe this to be bullish, however.

if they can be gotten rid of or brought to heel somehow.

other than that it confirms they have a very strong reason to maintain the status quo. they already set their credibility on fire before but the hashing power remains.

Things are looking up.

When people discover another's ulterior motive it is quite liberating.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17442. (Read 26710220 times)