Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17583.

Ted E. Bare

hero member

Activity: 658

Merit: 503

Bear with me

Quote from: notme on March 17, 2017, 06:59:22 PM

BU does not want a contentious fork. It is just a tool to allow larger blocks without requiring the blessing of self-appointed bitcoin priests. Miners will only utilize the tool when the market is ready to have larger blocks. They are not dumb enough to shoot themselves in the foot. There is no magic threshold that will trigger a hard fork.

If you actually want to understand BU and not just parrot the unfounded attacks on it, check out the BU subfourm on the forum where the idea was hatched back in 2015: https://bitco.in/forum/forums/bitcoin-unlimited.15/

Start threads, ask questions, find out what BU actually is. If you are right that is is bad, you'll be able to attack it much better once you understand it.

Finally a realistic reply concerning the scaling debate. Thank you!

I also have been saying there is no fork planned. FUD and misunderstandings have contributed to this excessive dump.
Well, hooray for cheap coins I guess...

Adam congratulations for buying at the bottom.

Killerpotleaf

sr. member

Activity: 812

Merit: 250

A Blockchain Mobile Operator With Token Rewards

will it drop again, or should i just go all in now?

Killerpotleaf

sr. member

Activity: 812

Merit: 250

A Blockchain Mobile Operator With Token Rewards

price is dropping?

better login and debate this
once and for all

notme

legendary

Activity: 1904

Merit: 1002

Quote from: becoin on March 17, 2017, 07:44:30 PM

Quote from: notme on March 17, 2017, 07:19:16 PM

In the hopes we can start an actual dialog and quit throwing insults at each other:

C'mon! Stop talking BS and fork it!
If you don't, just STFU!

I guess you missed the part about BU doesn't want a contentious fork. I would be very happy if we could all STFU about BU, but people keep saying that BU wants to fork without consensus, which is an utter lie.

Holliday

legendary

Activity: 1120

Merit: 1012

Quote from: Torque on March 17, 2017, 08:10:21 PM

I like how people that have no control over a hard fork like to challenge other folks that don't have any control over a hard fork to endless debate. Makes total sense, right?

Endless debate passes the time when the exchange rate is dropping hard and fast!

Also, any of us could be mining pool operators, couldn't we?

MinermanNC

legendary

Activity: 2198

Merit: 1000

This is hilarious, BU etc. all I know is what ever Bitcoin is taking away Alt coins are giving back Grin

hasn't been this good since early last year Wink

Torque

legendary

Activity: 3794

Merit: 5474

Quote from: notme on March 17, 2017, 07:19:16 PM

In the hopes we can start an actual dialog and quit throwing insults at each other:

Quote from: notme on March 17, 2017, 06:59:22 PM

BU does not want a contentious fork. It is just a tool to allow larger blocks without requiring the blessing of self-appointed bitcoin priests. Miners will only utilize the tool when the market is ready to have larger blocks. They are not dumb enough to shoot themselves in the foot. There is no magic threshold that will trigger a hard fork.

If you actually want to understand BU and not just parrot the unfounded attacks on it, check out the BU subfourm on the forum where the idea was hatched back in 2015: https://bitco.in/forum/forums/bitcoin-unlimited.15/

Start threads, ask questions, find out what BU actually is. If you are right that is is bad, you'll be able to attack it much better once you understand it.

I like how people that have no control over a hard fork like to challenge other folks that don't have any control over a hard fork to endless debate. Makes total sense, right?

york780

sr. member

Activity: 392

Merit: 250

Not yet ---> https://www.tradingview.com/chart/BTCUSD/ST356mvt-03062334-BITCOIN-BE-PREPARED/

Dont let them trap you !

York saves you again

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: Killerpotleaf on March 17, 2017, 07:45:24 PM

Quote from: becoin on March 17, 2017, 07:44:30 PM

Quote from: notme on March 17, 2017, 07:19:16 PM

In the hopes we can start an actual dialog and quit throwing insults at each other:

C'mon! Stop talking BS and fork it!

you first

I don't need a fork! I don't need unlimited spam on the blockchain!

Meuh6879

legendary

Activity: 1512

Merit: 1012

Already a green candle ?!?

Killerpotleaf

sr. member

Activity: 812

Merit: 250

A Blockchain Mobile Operator With Token Rewards

Quote from: becoin on March 17, 2017, 07:44:30 PM

Quote from: notme on March 17, 2017, 07:19:16 PM

In the hopes we can start an actual dialog and quit throwing insults at each other:

C'mon! Stop talking BS and fork it!

you first

becoin

legendary

Activity: 3431

Merit: 1233

Quote from: notme on March 17, 2017, 07:19:16 PM

In the hopes we can start an actual dialog and quit throwing insults at each other:

C'mon! Stop talking BS and fork it!
If you don't, just STFU!

notme

legendary

Activity: 1904

Merit: 1002

Quote from: Holliday on March 17, 2017, 07:32:06 PM

Quote from: notme on March 17, 2017, 07:18:09 PM

Quote from: Holliday on March 17, 2017, 06:50:06 PM

Fine, I'll just broadcast all those 0 fee transactions first. I wasn't thinking when I suggested keeping them to myself. They are 0 fee, I have nothing to lose!

And remember, I'm here to get paid block rewards to attack the chain. Even if I lose out on some close blocks, so what?

Miners are free to prioritize however they'd like. I can't imagine you'd get more than a couple blocks accepted before they implemented countermeasures.

Nodes are also free do decide what to forward. Unless your 0 fee transactions have sizeable outputs, they would already be dropped by today's network. How many btc are you willing to devote to this pointless attack?

I'm not sure how broadcasting 0 fee transactions that send bitcoins to myself costs me anything. As I said, I would be paid block rewards. I don't know that the attack is considered pointless if I'm adding bloat to the chain without contributing anything.

The "implemented countermeasures" is what I'm interested in. I mean, how does one tell my transactions from a regular user? Or my blocks, for that matter? As I said, I fully expect BU to eat itself in short time and be more restrictive than a simple you-get-what-you-pay-for fee market.

If they reject blocks that are more than 5% free transactions, you would lose your block rewards or have to limit your bloat to 5% of the block. They could alternatively do it using some measure such as (delta utxo)/(tx fees) >= some minimum. If you aren't bloating the UTXO, you're actually helping since miners can easily prune transactions with no unspent outputs.

Mervyn_Pumpkinhead

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Activity: 876

Merit: 1000

www.youtube.com/watch?v=yURRmWtbTbo

Holliday

legendary

Activity: 1120

Merit: 1012

Quote from: notme on March 17, 2017, 07:18:09 PM

Quote from: Holliday on March 17, 2017, 06:50:06 PM

Fine, I'll just broadcast all those 0 fee transactions first. I wasn't thinking when I suggested keeping them to myself. They are 0 fee, I have nothing to lose!

And remember, I'm here to get paid block rewards to attack the chain. Even if I lose out on some close blocks, so what?

Miners are free to prioritize however they'd like. I can't imagine you'd get more than a couple blocks accepted before they implemented countermeasures.

Nodes are also free do decide what to forward. Unless your 0 fee transactions have sizeable outputs, they would already be dropped by today's network. How many btc are you willing to devote to this pointless attack?

I'm not sure how broadcasting 0 fee transactions that send bitcoins to myself costs me anything. As I said, I would be paid block rewards. I don't know that the attack is considered pointless if I'm adding bloat to the chain without contributing anything.

The "implemented countermeasures" is what I'm interested in. I mean, how does one tell my transactions from a regular user? Or my blocks, for that matter? As I said, I fully expect BU to eat itself in short time and be more restrictive than a simple you-get-what-you-pay-for fee market.

spiderbrain

legendary

Activity: 889

Merit: 1013

Quote from: notme on March 17, 2017, 07:19:16 PM

In the hopes we can start an actual dialog and quit throwing insults at each other:

Quote from: notme on March 17, 2017, 06:59:22 PM

BU does not want a contentious fork. It is just a tool to allow larger blocks without requiring the blessing of self-appointed bitcoin priests. Miners will only utilize the tool when the market is ready to have larger blocks. They are not dumb enough to shoot themselves in the foot. There is no magic threshold that will trigger a hard fork.

If you actually want to understand BU and not just parrot the unfounded attacks on it, check out the BU subfourm on the forum where the idea was hatched back in 2015: https://bitco.in/forum/forums/bitcoin-unlimited.15/

Start threads, ask questions, find out what BU actually is. If you are right that is is bad, you'll be able to attack it much better once you understand it.

Yay rational debate!

notme

legendary

Activity: 1904

Merit: 1002

In the hopes we can start an actual dialog and quit throwing insults at each other:

Quote from: notme on March 17, 2017, 06:59:22 PM

BU does not want a contentious fork. It is just a tool to allow larger blocks without requiring the blessing of self-appointed bitcoin priests. Miners will only utilize the tool when the market is ready to have larger blocks. They are not dumb enough to shoot themselves in the foot. There is no magic threshold that will trigger a hard fork.

If you actually want to understand BU and not just parrot the unfounded attacks on it, check out the BU subfourm on the forum where the idea was hatched back in 2015: https://bitco.in/forum/forums/bitcoin-unlimited.15/

Start threads, ask questions, find out what BU actually is. If you are right that is is bad, you'll be able to attack it much better once you understand it.

notme

legendary

Activity: 1904

Merit: 1002

Quote from: Holliday on March 17, 2017, 06:50:06 PM

Fine, I'll just broadcast all those 0 fee transactions first. I wasn't thinking when I suggested keeping them to myself. They are 0 fee, I have nothing to lose!

And remember, I'm here to get paid block rewards to attack the chain. Even if I lose out on some close blocks, so what?

Miners are free to prioritize however they'd like. I can't imagine you'd get more than a couple blocks accepted before they implemented countermeasures.

Nodes are also free do decide what to forward. Unless your 0 fee transactions have sizeable outputs, they would already be dropped by today's network. How many btc are you willing to devote to this pointless attack?

Ted E. Bare

hero member

Activity: 658

Merit: 503

Bear with me

Stamp and Finex are extremely oversold indeed. It has to bounce back big, it just has to. No fucking way is this the normal price.

gentlemand

legendary

Activity: 2604

Merit: 3056

Welt Am Draht

Chinese coins, the type you can't withdraw from the exchange, are now more expensive than liberated ones. That's an odd little metric of something.

Not to mention btc-e being 20 bucks more too.

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 17583. (Read 26712914 times)