Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19391.

BitUsher

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Quote from: hdbuck on February 09, 2016, 02:15:11 PM

1/ "Once 95% is reached" arf arf arf you go first. Grin

2/ Validation? like in accepting segwitted transactions? hoohohohoho.. Grin

I will gladly upgrade and you can stay on your old implementation and pay a higher fee than me , thus it is backwards compatible.... but be advised to wait for confirmations on segwit tx's as your old wallet will have degraded security with regards to those tx's.

Will you be creating an implementation to reject segwit tx that are even confirmed?

rekinthis

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i cant wait for a price increase, when will it happen??

BlindMayorBitcorn

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Quote from: barbs on February 09, 2016, 02:12:14 PM

5 million in asks on buttstamp to 450

Shocked

If this thing doesn’t crash down under 300 in the next 28 days I’ll eat a shoe.

hdbuck

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Quote from: BitUsher on February 09, 2016, 02:09:31 PM

Quote from: hdbuck on February 09, 2016, 01:50:30 PM

let's make things clear, bitcoin's segwit, even as a soft-fork, is absolutely *not* backwards compatible

Partially true, but misleading.

Once 95% is reached , any nodes not upgrading will still be able to use bitcoin on their outdated implementations/wallets , but will no longer validate the new segwit signatures which they already would not create themselves or have paid to them, or pay attention to until confirmed.
So essentially those that choose not to upgrade to segwit, validation will remain the same with old tx's , they just cannot validate segwit tx's which they can accept but won't verify until confirmed.

1/ "Once 95% is reached" arf arf arf you go first. Grin

2/ Validation? like in accepting segwitted transactions? hoohohohoho.. Grin

barbs

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5 million in asks on buttstamp to 450

Shocked

BitUsher

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Quote from: hdbuck on February 09, 2016, 01:50:30 PM

let's make things clear, bitcoin's segwit, even as a soft-fork, is absolutely *not* backwards compatible

Partially true, but misleading.

Once 95% is reached , any nodes not upgrading will still be able to use bitcoin on their outdated implementations/wallets , but will no longer validate the new segwit signatures which they already would not create themselves or have paid to them, or pay attention to until confirmed.
So essentially those that choose not to upgrade to segwit, validation will remain the same with old tx's , they just cannot validate segwit tx's which they can accept but won't verify until confirmed.

BlindMayorBitcorn

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https://medium.com/@spair/in-support-of-opt-in-rbf-2b11aff0536a#.hkaf1efla

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Coin

Explanation

hdbuck

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Quote from: BitUsher on February 09, 2016, 01:42:29 PM

Bullish-- LN expected 3rd Q 2016

https://www.coingecko.com/buzz/eric-lombrozo-7-use-cases-lightning-network

http://bravetheworld.com/2016/02/09/faith-bitcoin-restored/

let's make things clear, bitcoin's segwit, even as a soft-fork, is absolutely *not* backwards compatible

BitUsher

legendary

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Bullish-- LN expected 3rd Q 2016

https://www.coingecko.com/buzz/eric-lombrozo-7-use-cases-lightning-network

http://bravetheworld.com/2016/02/09/faith-bitcoin-restored/

hdbuck

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Quote from: BitUsher on February 09, 2016, 12:59:26 PM

Besides any potential Agent Provocateurs I would suggest that all of them do indeed want bigger blocks. Classic supporters are merely the immigrants from XT and unlimited failures. Their 2 main motivations from what I can tell are "Firing" blockstream devs out of spite and raising the blocksize.

Hopefully, they will get over any past grudges once this is over and understand that many of us do indeed want larger capacity improvements as well as them and most of our goals are aligned with theirs.

meh, who gives aheck about noobs not caring for bitcoin's consensus, network integrity and security above all?

If only they would have forked off already.. Undecided

hey kids, it's forking day! lets do this naooooo!

hdbuck

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This bitcoin hard/soft-fork business gets moALL GLORY TO THE HYPNOTOAD

~Davout

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

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Explanation

BitUsher

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Quote from: iCEBREAKER on February 09, 2016, 12:45:57 PM

There's no way they will admit segwit is a good idea, because it was proposed by Evil Blockstream People.

I certainly have seen an inclination for cognitive dissonance where many automatically assume that everything coming from Core and Blockstream is evil or the wrong method. This doesn't apply to Classic devs who appear genuine and have nuanced arguments and opinions.
I don't assume bad faith in the classic devs or even some prominent classic supporters by default. The sooner we understand their objections the better we can clarify them and address their concerns.

Quote from: hdbuck on February 09, 2016, 12:57:13 PM

They dont even support larger block per say, they just want to hardfork bitcoin and break consensus.

Besides any potential Agent Provocateurs I would suggest that all of them do indeed want bigger blocks. Classic supporters are merely the immigrants from XT and unlimited failures. Their 2 main motivations from what I can tell are "Firing" blockstream devs out of spite and raising the blocksize.

Hopefully, they will get over any past grudges once this is over and understand that many of us do indeed want larger capacity improvements as well as them and most of our goals are aligned with theirs.

hdbuck

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Quote from: iCEBREAKER on February 09, 2016, 12:45:57 PM

Quote from: infofront on February 09, 2016, 12:03:45 PM

What's to stop the Classic team from implementing segwit? AFAIK the coding is mostly complete, and publicly available.

The Classic team depends on their brainwashed superstitious cargo cult for support.

That cult's totem and taboo structure worships larger blocks and despises any innovation supported by Core.

Classic doesn't even have RBF (Because Controversial). They only accepted CLTV because somebody called it OP_HODL.

There's no way they will admit segwit is a good idea, because it was proposed by Evil Blockstream People.

They dont even support larger block per say, they just want to hardfork bitcoin and break consensus.

iCEBREAKER

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Crypto is the separation of Power and State.

Quote from: infofront on February 09, 2016, 12:03:45 PM

What's to stop the Classic team from implementing segwit? AFAIK the coding is mostly complete, and publicly available.

The Classic team depends on their brainwashed superstitious cargo cult for support.

That cult's totem and taboo structure worships larger blocks and despises any innovation supported by Core.

Classic won't even allow its users the option to enable RBF ("Because Controversial").

They only accepted CLTV because somebody called it OP_HODL and the anti-Todd lynch mob subsequently threatened to turn against them, for withholding a suddenly popular feature.

There's no way the Gavinistas will admit segwit is a good idea, precisely because it was proposed by Evil Blockstream People.

Quote from: BlindMayorBitcorn on February 09, 2016, 12:11:54 PM

The other side thinks SegWit is a gross kludge of code. If they just copy it, what was the point of all this? What was the point?!?

quod erat demonstrandum

hdbuck

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Quote from: BitUsher on February 09, 2016, 12:32:03 PM

Quote from: gijoes on February 09, 2016, 12:29:37 PM

Quote from: BitUsher on February 09, 2016, 12:12:35 PM

classic supporters ... don't understand Segwit, and have a low comprehension ...

... of pretty much anything, I presume. Thanks for your honesty!

I do indeed see more misinformation from forums and reddit locations that promote Classic. It isn't fair to label all classic supporters as naive however , there are many valid reasons I can argue to support their positions , even though I disagree with their direction and manner of deploying a hard fork.

They are either liars or retards. Admit it.

bargainbin

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Quote from: BitUsher on February 09, 2016, 12:12:35 PM

... Your statement is true of some classic supporters who don't understand Segwit, and have a low comprehension where they didn't realize the

He bankster lapdog, shilling for Teh Man. Pathetic Puppet don't grok disruptive potenshul of our paradigm-shifting blockchain technology. Legacy finance fiat toilet paper chancellor on the brink of second bailout, right at the tipping point of our Black Swan paradigm shift to cryptopia.

This train is bound for glory (this train), leaving with or without you so get in at the ground floor, onboard now or cry later.

CCMF! SFYL!

Communication must become total and conscious before we can stop it. Cut word lines -- Cut music lines -- Smash control images -- Smash control machine!

BitUsher

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Quote from: gijoes on February 09, 2016, 12:29:37 PM

Quote from: BitUsher on February 09, 2016, 12:12:35 PM

classic supporters ... don't understand Segwit, and have a low comprehension ...

... of pretty much anything, I presume. Thanks for your honesty!

I do indeed see more misinformation from forums and reddit locations that promote Classic. It isn't fair to label all classic supporters as naive however , there are many valid reasons I can argue to support their positions , even though I disagree with their direction and manner of deploying a hard fork.

gijoes

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Quote from: BitUsher on February 09, 2016, 12:12:35 PM

classic supporters ... don't understand Segwit, and have a low comprehension ...

... of pretty much anything, I presume. Thanks for your honesty!

Let's hope they have enough brain to understand at least this: http://bitcoinocracy.com/arguments/if-non-core-hard-fork-wins-major-holders-will-sell-btc-driving-price-into-the-ground

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