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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20898. (Read 26607401 times)

legendary
Activity: 1470
Merit: 1007
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.



The biggest mystery to me is how we arrived at this situation, where Gavin and Mike (felt they) had to resort to the fork solution mess...

Sure, a certain number of maxblockheads resisting any and all changes to the protocol I can see as being unavoidable. But why Gavin didn't manage to convince a majority of the core devs to support some adjustment is still not entirely clear to me.

Either Gavin tried to push exclusively his idea of an adjustment (which, admittedly, can seem a bit drastic) - in that case, it's a failure on his side to compromise. Alternatively, there was a consensus by the rest of the team that the current limit better not be touched at all right now (in which case, Gavin did the right thing, even if the right thing is a huge mess as well).

From the outside, I got the impression it was a combination of the two above, but I wonder if someone closer to the core team knows if one of these two aspects was the dominant factor.
full member
Activity: 158
Merit: 100
Seems to be going up
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
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  Cheesy
hero member
Activity: 693
Merit: 500
Lets see how high BTC price will get today Smiley
hero member
Activity: 1132
Merit: 818
Strange how Kraken.com tweets that some clients cannot access their website, but trading seems to have stopped. Or maybe the API for connecting to bitcoinwisdom is just also broken.
legendary
Activity: 1092
Merit: 1000
My negative $18 balance issue on Finex got resolved and i could finally get out of that cess pool.They substracted those 18 bucks from my btc balance.Dick move considering that all my trades had all the fees attached  to them, payed in full.I wasn't using any swaps, nor was i trading on margin.
Got fleeced hard but am still glad I escaped with my all funds.Good riddance Bfx.


getting scheme fleeced to get out is bullish .. sounds like they have a money problem going on over there .
hero member
Activity: 910
Merit: 1003
Xt is dead!?:
https://bitcoinmagazine.com/21699/major-mining-pools-make-stand-bitcoin-xt-fork-support-bip-100-grows/
without the biggest mining pool they will never reach 75%

The important thing is to get a majority of the miners to agree to raise the limit to 8 MB (or some other common value in that ballpark).   Then they need only agree for a date to start doing so, and tell the world about it.

Which software they will use for that is irrelevant, as well as the method that they use to get into agreement, announce their decision, and enable the new limit.  If the Blockstream developers do not cede, the miners can either use another version, or take the Core base and patch it themselves.  All major miners suerly have enough programming expertise to do that.
donator
Activity: 2772
Merit: 1019
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.

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner

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
Miners will follow the nodes. If XT has 80% nodes in January miners will just follow what was decided by them.
No. It might add some pressure, but there is no technical reason for them to do so.

i doubt miners will follow a bunch of fake nodes, and bet they are too lazy to fake 80% of the nodes.

there pretty much consensus about this, XT is a flop

BIP100 is looking promising, i think if they tweak it a bit to address some people's paranoid concerns about it, its going to win.
hero member
Activity: 1132
Merit: 818
Kraken seems to be down...

Edit: judging by bitcoinwisdom they've not been trading for more then a half hour now...
hero member
Activity: 1132
Merit: 818
My negative $18 balance issue on Finex got resolved and i could finally get out of that cess pool.They substracted those 18 bucks from my btc balance.Dick move considering that all my trades had all the fees attached  to them, payed in full.I wasn't using any swaps, nor was i trading on margin.
Got fleeced hard but am still glad I escaped with my all funds.Good riddance Bfx.

Must be a big relief, congrats man.
full member
Activity: 177
Merit: 100
My negative $18 balance issue on Finex got resolved and i could finally get out of that cess pool.They substracted those 18 bucks from my btc balance.Dick move considering that all my trades had all the fees attached  to them, payed in full.I wasn't using any swaps, nor was i trading on margin.
Got fleeced hard but am still glad I escaped with my all funds.Good riddance Bfx.
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC

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
Miners will follow the nodes. If XT has 80% nodes in January miners will just follow what was decided by them.
No. It might add some pressure, but there is no technical reason for them to do so.
legendary
Activity: 861
Merit: 1010

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
Miners will follow the nodes. If XT has 80% nodes in January miners will just follow what was decided by them.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
I can confirm XT is dead. RIP Gavin & Mike.

source? cuz i'll only believe it when i see gavin & hearn's head on a pike. Tongue
sr. member
Activity: 363
Merit: 250

also how this XT civil war goes plays a big role in the end.

i think this will have a major role.
even more than the stock market
legendary
Activity: 1260
Merit: 1002
I can confirm XT is dead. RIP Gavin & Mike.

source? cuz i'll only believe it when i see gavin & hearn's head on a pike. Tongue
legendary
Activity: 1554
Merit: 1014
Make Bitcoin glow with ENIAC
The indicator is lagging, it shows % of last 1000 blocks, i.e. for the last week. In a week or two we'll see the level of support among miners. I hope it'll be low, because I wouldn't like to entrust my bitcoins to people that cheat so openly (I mean the fake nodes).

As opposed to the valiant knights who DDOSd xtnodes.com?

I think we all should know by now that the bitcoin community is full of ... colourful characters.

legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
I can confirm XT is dead. RIP Gavin & Mike.
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