Thawing in the debate: https://twitter.com/adam3us/status/636410827969421312
Consensus being reached.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20896. (Read 26607382 times)
August 26, 2015, 12:28:23 PM
August 26, 2015, 12:27:52 PM
it has like 2% hashing power voting for it while BIP100 or 8MB options are both at like 20%
https://www.blocktrail.com/BTC/pools
https://www.blocktrail.com/BTC/pools
OTOH, it's been out for two weeks, we have still a good way to go till 2016 and full blocks are not yet particularly much of an issue.
I agree that XT was always a bit of a long shot and as long as we have bigger blocks, I don't care hugely what scheme is implemented (as it can always be changed). It's just a bit early to be calling anything.
As well, BIP100 has some serious issues to be dealt with before it can be seriously considered. Also consider that XT's support is coming from people actually running it (or BIP-101 patched core) and these votes are no more than vocal support.
Plenty of time to make some popcorn...
August 26, 2015, 12:24:05 PM
i thought bitcoin price increase this week. i waiting for sale best price therefore i waiting 3-4 days.
August 26, 2015, 12:22:47 PM
That's if you actually believe that Gavin & Mike are not government agents trying to break Bitcoin which a good case can be made for..
It seems more likely the government agents are on the other side if anything
http://pastebin.com/4BcycXUu
August 26, 2015, 12:17:12 PM
A bunch of startups "running the show".... Gimme a break
What do you think would happen if it came to a fork of some kind, let's not necessarily assume XT/Core but anything else.Bitpay choses to no longer process payments coming from one chain but only from the other.
Which chance of survival would you give the other chain?
I'd say zero.
Are you really under the impression that people are actually buying stuff with Bitcoin? By that I mean any significant amount?
Two coins, both alike, one with the added benefit of being usable in thousands of online stores, the other not so much, that's a no-brainer.
I thought this debate made it clear that no one w/ half a brain really cares about spending Bitcoin at online stores. If Bitpay decides for some reason to support Bitcoin XT then by all means go ahead. They'll be left with no users in no time. The economic majority (people who actually hold coins) couldn't care less what Bitpay decides to do, they're not trying to spend their coins anyway.
I'm sorry but your logic is very stupid.
August 26, 2015, 12:15:53 PM
In Bitcoin the amount of USD you can throw around, unless you buy BTC with it, is pretty much irrelevant.
Yup.
Thusly the companies who facilitate USD/BTC or CNY/BTC exchanging are going to have an enormous amount of sway. All they have to do is ignore the chain they don't like and it's pretty much goodnight. It trickles down to payment processors, miners meeting bills and everything else.
sounds more like a cluster disaster.. which chain do we use ?? maybe we should charge twice once on each chain to be sure. bullish .
August 26, 2015, 12:14:24 PM
Oh come on. They will follow demand or be outcompeted very quickly.
Obviously they're going to follow the tide but no one operates in isolation. Their opinion counts.
August 26, 2015, 12:10:54 PM
Oh come on. They will follow demand or be outcompeted very quickly.
Obviously they're going to follow the tide but no one operates in isolation. Their opinion counts.
August 26, 2015, 12:09:51 PM
A bunch of startups "running the show".... Gimme a break
What do you think would happen if it came to a fork of some kind, let's not necessarily assume XT/Core but anything else.Bitpay choses to no longer process payments coming from one chain but only from the other.
Which chance of survival would you give the other chain?
I'd say zero.
Are you really under the impression that people are actually buying stuff with Bitcoin? By that I mean any significant amount?
Two coins, both alike, one with the added benefit of being usable in thousands of online stores, the other not so much, that's a no-brainer.
August 26, 2015, 12:08:25 PM
In Bitcoin the amount of USD you can throw around, unless you buy BTC with it, is pretty much irrelevant.
Thusly the companies who facilitate USD/BTC or CNY/BTC exchanging are going to have an enormous amount of sway. All they have to do is ignore the chain they don't like and it's pretty much goodnight. It trickles down to payment processors, miners meeting bills and everything else.
Oh come on. They will follow demand or be outcompeted very quickly.
August 26, 2015, 12:03:08 PM
August 26, 2015, 12:02:49 PM
In Bitcoin the amount of USD you can throw around, unless you buy BTC with it, is pretty much irrelevant.
Yup.
Thusly the companies who facilitate USD/BTC or CNY/BTC exchanging are going to have an enormous amount of sway. All they have to do is ignore the chain they don't like and it's pretty much goodnight. It trickles down to payment processors, miners meeting bills and everything else.
August 26, 2015, 12:02:18 PM
A bunch of startups "running the show".... Gimme a break
What do you think would happen if it came to a fork of some kind, let's not necessarily assume XT/Core but anything else.Bitpay choses to no longer process payments coming from one chain but only from the other.
Which chance of survival would you give the other chain?
I'd say zero.
Bitpay's "payment processing" is an irrelevant, marginally small aspect of Bitcoin as it is now.
Are you really under the impression that people are actually buying stuff with Bitcoin? By that I mean any significant amount?
August 26, 2015, 11:58:42 AM
A bunch of startups "running the show".... Gimme a break
What do you think would happen if it came to a fork of some kind, let's not necessarily assume XT/Core but anything else.Bitpay choses to no longer process payments coming from one chain but only from the other.
Which chance of survival would you give the other chain?
I'd say zero.
August 26, 2015, 11:54:01 AM
The "industry" is nothing more than VC-tit sucking "entrepreneurs" being lobbied by Gavin & Mike. They're as clueless as they come.
It doesn't matter if they're talking kittens from outer space, the ones running the show have the weight. which one is really running the show ?
In Bitcoin the amount of USD you can throw around, unless you buy BTC with it, is pretty much irrelevant.
A bunch of startups "running the show".... Gimme a break
August 26, 2015, 11:47:56 AM
The "industry" is nothing more than VC-tit sucking "entrepreneurs" being lobbied by Gavin & Mike. They're as clueless as they come.
It doesn't matter if they're talking kittens from outer space, the ones running the show have the weight. which one is really running the show ?
August 26, 2015, 11:46:17 AM
The "industry" is nothing more than VC-tit sucking "entrepreneurs" being lobbied by Gavin & Mike. They're as clueless as they come.
It doesn't matter if they're talking kittens from outer space, the ones running the show have the weight.
miner vs "industry" vs developer
which one is really running the show ?
August 26, 2015, 11:41:15 AM
there pretty much consensus about this, XT is a flop
XT has reached is goal imo to put more pressure. It has also brought out the worst in some people and pointed to some related problems (centralization of control over the places the community uses to communicate, for example).
I ran XT on my node for a while for exactly this reason. I never intended to blindly follow Hearns changes in the future and I think I'm not alone.
i really dont think gavin goal was simply put pressure, but it has worked out that way.
i wonder what will happen to him... not sure if the Core devs will take him back, if he can't dev bitcoin, what will he do?? GavinCoin is becoming a real possibility
Plenty of other projects for him to try and ruin... https://twitter.com/gavinandresen/status/633800882942025729
Quote
@gavinandresen Aug 19
On vacation this week. Hope to have time to learn a little Go, I'm thinking of contributing some code to btcd....
On vacation this week. Hope to have time to learn a little Go, I'm thinking of contributing some code to btcd....
That wasn't my point. Quite the opposite, I like btcd. I would just hate to see it ruined. Also, don't hate Gavin that much, but it's fun.
August 26, 2015, 11:37:53 AM
It's like saying the first altcoin was an attempt to break Bitcoin. If Bitcoin cannot survive these kind of things it doesn't deserve all the hope we put in it.
Ironically, Litecoin was introduced late 2011 when the price crashed (long before my bitcoin birthday btw.).
It almost synchronizes with the current fork debate relative to price and halving.
You all know what happened afterwards.
It's where I've put almost all my fantasy paper.
moon.
August 26, 2015, 11:36:00 AM
The "industry" is nothing more than VC-tit sucking "entrepreneurs" being lobbied by Gavin & Mike. They're as clueless as they come.
It doesn't matter if they're talking kittens from outer space, the ones running the show have the weight.
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