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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19951. (Read 26608296 times)

legendary
Activity: 1260
Merit: 1116
Frankly, I admire Stolfi for never losing his cool when subjected to inappropriate ridicule and disrespect. Could we maybe just try to act like grownups?


To be fair, Stolfi is mostly trolling. Although I support larger blocks myself, I do suspect Stolfi is trolling in this regard as well.
I did have a hope that the inner nerd in him lit a fire a while ago, but alas. He is obviously not stupid, so the way he manages to misrepresent just about everything he's referring to should be a red light for most.

PS. Oh, and I made him lose his cool once. It's not easy but it can be done.

I seem to remember not long ago he wished we all die in a fire. Cheesy
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
Frankly, I admire Stolfi for never losing his cool when subjected to inappropriate ridicule and disrespect. Could we maybe just try to act like grownups?


To be fair, Stolfi is mostly trolling. Although I support larger blocks myself, I do suspect Stolfi is trolling in this regard as well.
I did have a hope that the inner nerd in him lit a fire a while ago, but alas. He is obviously not stupid, so the way he manages to misrepresent just about everything he's referring to should be a red light for most.

PS. Oh, and I made him lose his cool once. It's not easy but it can be done.
legendary
Activity: 1260
Merit: 1002
Actually I have been programming almost daily for the last 40 years.  And I have watched from front row some of the best software developers in the world as they worked.  As well as some terrible ones.  

That is why I think that swapping Gavin for Greg was a disaster for bitcoin...


Actually the jokes on you, Jorgi. I'm a career programmer too, that's actually looked at some of the recent Core releases, and I can tell you that there's been maybe only a handful of lines of code added to Core in the last year or two.

A. Handful. Of. Lines. In. Over. A. Years. Time.

So let's don't over-glorify these so called developers and put them up on some sort of pedestal.  Like they've got their noses to the grindstone every day, furiously cranking out mountains of code. If they had only coded that much in a business world white collar desk job setting, they'd be fired by now for being over-paid slackers.

P.S.- And the truth/reason is, after 6 years of development, Bitcoin Core is pretty much complete and solid at this point. All the heavy lifting was done years ago. With the exception of increasing block size, and maybe a few other little things, there's very little left for the Core developers to actually do.  So they're basically just downshifted into long term maintenance mode at this point, which anyone with their knowledge can do on the side for a few hours a week.


Bingo!

There is nothing to add to The Bitcoin Protocol anyway.
hero member
Activity: 910
Merit: 1003
Seg witness dos not *actually* raise the blocksize to 4MB.

1MB block size strong and still. Cool

SW allows more transactions per block, split into two parts (basically, signatures and everything else).  The 1 MB limit will apply only to the latter.  The total size of a block (which will have to be transmitted and stored in full, except to simple clients who will not need the signature data) can be up to 4 MB, depending on how many transactions are issued in the SW format and how many signatures they have. 
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC


hmmm..... lambie is thermos. I mean, Theymos.
legendary
Activity: 1260
Merit: 1002
Peter Wuille (Blockstream; Segregated Witnesses developer) explains the shift from "1 MB is the limit" to "4 MB is OK":
https://www.youtube.com/watch?v=fst1IK_mrng&t=1h4m1s
(first two questions at that point)

Reddit thread:
https://np.reddit.com/r/bitcoinxt/comments/3vxv92/peter_wuille_deer_caught_in_the_headlights/

Heh, trolfi at the manoeuvre.

Seg witness dos not *actually* raise the blocksize to 4MB.

But it is just a proposal, and one that's been tested for 18months, as opposed to all your bigblocks BIPs fantaisies.

1MB block size is strong and still. Cool
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC

I like the change.


It's more the agenda than the change itself.


Quote
Also, comments with a score of -5 or lower will no longer be hidden. I think that this feature of Reddit is very harmful to discussion because it silences people with unpopular opinions.
https://np.reddit.com/r/Bitcoin/comments/3vtkpk/when_did_scores_start_to_get_hidden_on_everyones/cxqmi5b?context=3

By which he means his opinions. He regularly says some pretty contentious stuff which regularly gets voted down *very* heavily. They have rationalized it in their minds as some kind of hacktivism rather than the more pragmatic interpretation that people just don't like what he's writing. The paranoia is palpable and the latest steps are just more signs of the bunker mentality that's setting in.

Will he ban Core as well if they go for SW?

https://www.reddit.com/r/Bitcoin/comments/3vsjzi/am_i_the_only_one_totally_freaked_out_about/
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

I like the change.


It's more the agenda than the change itself.


Quote
Also, comments with a score of -5 or lower will no longer be hidden. I think that this feature of Reddit is very harmful to discussion because it silences people with unpopular opinions.
https://np.reddit.com/r/Bitcoin/comments/3vtkpk/when_did_scores_start_to_get_hidden_on_everyones/cxqmi5b?context=3

By which he means his opinions. He regularly says some pretty contentious stuff which regularly gets voted down *very* heavily. They have rationalized it in their minds as some kind of hacktivism rather than the more pragmatic interpretation that people just don't like what he's writing. The paranoia is palpable and the latest steps are just more signs of the bunker mentality that's setting in.
hero member
Activity: 910
Merit: 1003
Peter Wuille (Blockstream; Segregated Witnesses developer) explains the shift from "1 MB is the limit" to "4 MB is OK":
https://www.youtube.com/watch?v=fst1IK_mrng&t=1h4m1s
(first two questions at that point)

Reddit thread:
https://np.reddit.com/r/bitcoinxt/comments/3vxv92/peter_wuille_deer_caught_in_the_headlights/
legendary
Activity: 3080
Merit: 1688
lose: unfind ... loose: untight
[a viewpoint]
[a counter viewpoint, with reasoned exposition as to the issues underlying the points of disagreement]
Stop whining, Stolfi. Bitcoin is the future of money. Get over it!

Yeah. That last one added a lot of value.

I understand that not everyone agrees with Stolfi. Indeed, why would we, when we are true beliebers? But why the continued hostility? Does it actually cause you physical pain to hear an alternate viewpoint from time to time? Could we maybe tone down the demeaning attitude a bit?

This isn't meant to single out becoin - there's a bunch of you caught up in the playground group bullying/scapegoat syndrome.

For the record, I completely disagree with Stolfi as to the long-term prospects of Bitcoin. I agree with becoin that Bitcoin is (likely to be) the future of money. But I value Stolfi's contributions to the dialogue. Without an opposing view, we would miss opportunities for improvement.

Frankly, I admire Stolfi for never losing his cool when subjected to inappropriate ridicule and disrespect. Could we maybe just try to act like grownups?
legendary
Activity: 1176
Merit: 1000
Anyone who is in a position of power on another forum fancy having ChartBuddy post there? I'm about done with Theymos' nonsense.

What happened?

More shit and shenanigans over on Reddit.

Come to the bitco.in/forum ..

There is even a wall observer thread
legendary
Activity: 1260
Merit: 1116
Anyone who is in a position of power on another forum fancy having ChartBuddy post there? I'm about done with Theymos' nonsense.

What happened?

More shit and shenanigans over on Reddit.

I like the change.

Quote
Also, comments with a score of -5 or lower will no longer be hidden. I think that this feature of Reddit is very harmful to discussion because it silences people with unpopular opinions.
https://np.reddit.com/r/Bitcoin/comments/3vtkpk/when_did_scores_start_to_get_hidden_on_everyones/cxqmi5b?context=3
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Precisely. I thought most people here switched to Finex after the Stamp hack as surely as they switched to Stamp after the first cracks started to show at Gox half a year before their demise.

I usually go by Finex but truthfully, it rarely makes much difference and in the rare occasion it might, it's hardly a big deal to clear up any confusion.
legendary
Activity: 2576
Merit: 2267
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
Anyone who is in a position of power on another forum fancy having ChartBuddy post there? I'm about done with Theymos' nonsense.

What happened?

More shit and shenanigans over on Reddit.
legendary
Activity: 3920
Merit: 11299
Self-Custody is a right. Say no to"Non-custodial"
I think that your assumption that most people here go by Stamps price is misguided. Finex has been the leading "western" exchange for quite some time and I see people here quoting that price most frequently. And if you don't believe me just ask Chart Buddy...

Precisely. I thought most people here switched to Finex after the Stamp hack as surely as they switched to Stamp after the first cracks started to show at Gox half a year before their demise.


You are correct that about a year ago, there was some loss of confidence in Bitstamp based on the "hack" and the period of its shut down and for a period of time after Bitstamp's shut down.... and Bitfinex and coinbase were added to Chartbuddy around that time because of Bitstamp's various issues around that time.

Nonetheless, Bitstamp has returned to various forums and discussion groups as the default price reference point for a variety of reasons including at minimum:

1) a) volume is more reliable because there are staggered fees
1) b) volume is more reliable because there is no margin trading

2) a few months ago bitfinex had its own loss of confidence issues with a series of shut downs and various investors questioning its solvency.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 574
Merit: 250
In XEM we trust
I'm a career programmer too, that's actually looked at some of the recent Core releases, and I can tell you that there's been maybe only a handful of lines of code added to Core in the last year or two.

A. Handful. Of. Lines. In. Over. A. Years. Time.

So let's don't over-glorify these so called developers and put them up on some sort of pedestal.  If they had only coded that much in a business world white collar desk job setting, they'd be fired by now for being over-paid slackers. [ ... ]
after 6 years of development, Bitcoin Core is pretty much complete and solid at this point. With the exception of increasing block size, and maybe a few other little things, there's very little left for the Core developers to actually do.  So they're basically just downshifted into long term maintenance mode at this point, which anyone can do on the side for a few hours a week.

For one thing, development has been stalled over the last year by the feud between Gavin and the small-blockians.  Gavin has coded and tested BIP101 (the only one of those BIPs that has been implemented, AFAIK) several months ago, but has not been allowed to put it into the core.

But, apart from that, a good software developer is not one who makes lots of changes.  The best way to increase the block size was coded by Satoshi in 2010, and it is a one-line patch.  Blockchain voting is a significant but pointless complication, with many things that could go wrong (in the code and its operation). Too bad that Gavin had to add it for BIP101 in order to appease the ideologues.

The problem with Greg is that he does not really like Satoshi's design, and has his own strong ideas on how bitcoin should be.  He has been pushing for that vision for a couple of years at least; and now that he has the power, he is bent in implementing it. 

The Core devs certainly are not in "maintenance" mode.  Just the SW proposal is a major redesign of a data structure that iis shared by tens of thousands of users and hundreds pf independent applications.  One should not be adding all those new features to a production system whose users and app developers are still struggling to cope with.  In fact, with their plans for the "fee market" and the off-chain processing, they are in full "retargeting" mode  One should not try to do a major redesign of the functionality, like the fee market, without knowing whether it will work or not. 

Greg may be a good cryptographer and programmer, but he is not a good software developer. In fact, it seems that he does not know what that means, and does not want to know ...


Stop whining, Stolfi. Bitcoin is the future of money. Get over it!
Maybe they are trying to slow down the process? You know, just to buy themselves some more time.
legendary
Activity: 2002
Merit: 1040
I'm a career programmer too, that's actually looked at some of the recent Core releases, and I can tell you that there's been maybe only a handful of lines of code added to Core in the last year or two.

A. Handful. Of. Lines. In. Over. A. Years. Time.

So let's don't over-glorify these so called developers and put them up on some sort of pedestal.  If they had only coded that much in a business world white collar desk job setting, they'd be fired by now for being over-paid slackers. [ ... ]
after 6 years of development, Bitcoin Core is pretty much complete and solid at this point. With the exception of increasing block size, and maybe a few other little things, there's very little left for the Core developers to actually do.  So they're basically just downshifted into long term maintenance mode at this point, which anyone can do on the side for a few hours a week.

For one thing, development has been stalled over the last year by the feud between Gavin and the small-blockians.  Gavin has coded and tested BIP101 (the only one of those BIPs that has been implemented, AFAIK) several months ago, but has not been allowed to put it into the core.

But, apart from that, a good software developer is not one who makes lots of changes.  The best way to increase the block size was coded by Satoshi in 2010, and it is a one-line patch.  Blockchain voting is a significant but pointless complication, with many things that could go wrong (in the code and its operation). Too bad that Gavin had to add it for BIP101 in order to appease the ideologues.

The problem with Greg is that he does not really like Satoshi's design, and has his own strong ideas on how bitcoin should be.  He has been pushing for that vision for a couple of years at least; and now that he has the power, he is bent in implementing it. 

The Core devs certainly are not in "maintenance" mode.  Just the SW proposal is a major redesign of a data structure that iis shared by tens of thousands of users and hundreds pf independent applications.  One should not be adding all those new features to a production system whose users and app developers are still struggling to cope with.  In fact, with their plans for the "fee market" and the off-chain processing, they are in full "retargeting" mode  One should not try to do a major redesign of the functionality, like the fee market, without knowing whether it will work or not. 

Greg may be a good cryptographer and programmer, but he is not a good software developer. In fact, it seems that he does not know what that means, and does not want to know ...


Stop whining, Stolfi. Bitcoin is the future of money. Get over it!

Fo real
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