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**** BEGIN LOGGING AT Mon Nov 13 13:57:35 2017
Nov 13 13:57:35 * Now talking on #bitcoincash
**** BEGIN LOGGING AT Mon Nov 13 13:57:35 2017
Nov 13 13:57:35 * Now talking on #bitcoincash
Nov 13 13:57:35 Nov 13 13:57:35 * Topic for #bitcoincash is: Bitcoin Cash : peer-to-peer electronic cash - https://www.bitcoincash.org/
* Topic for #bitcoincash is: Bitcoin Cash : peer-to-peer electronic cash - https://www.bitcoincash.org/
Nov 13 13:57:35 * Topic for #bitcoincash set by freetrader!6739481f@gateway/web/freenode/ip.103.57.72.31 at Wed Jul 19 13:31:18 2017
Nov 13 13:57:35 * Topic for #bitcoincash set by freetrader!6739481f@gateway/web/freenode/ip.103.57.72.31 at Wed Jul 19 13:31:18 2017
Nov 13 13:57:35 * Channel #bitcoincash modes: +cnt
Nov 13 13:57:35 * Channel #bitcoincash modes: +cnt
Nov 13 13:57:35 * Channel #bitcoincash created on Wed Jul 19 12:39:20 2017
Nov 13 13:57:35 * Channel #bitcoincash modes: +cnt
Nov 13 13:57:35 * Channel #bitcoincash created on Wed Jul 19 12:39:20 2017
Nov 13 13:57:35 * Channel #bitcoincash modes: +cnt
Nov 13 13:57:35 * Channel #bitcoincash created on Wed Jul 19 12:39:20 2017
Nov 13 13:57:35 * Channel #bitcoincash created on Wed Jul 19 12:39:20 2017
Nov 13 13:57:40 Nov 13 13:57:40 <dymurray> Finally found my home
<dymurray> Finally found my home
Nov 13 13:57:58 * ianthius (~ianthius@unaffiliated/ianthius) has joined #bitcoincash
Nov 13 13:57:58 * ianthius (~ianthius@unaffiliated/ianthius) has joined #bitcoincash
Nov 13 13:58:10 Nov 13 13:58:10 <atroxes> :)
<atroxes> :)
Nov 13 13:58:21 Nov 13 13:58:21 * idealchain ([email protected]) has joined #bitcoincash
* idealchain ([email protected]) has joined #bitcoincash
Nov 13 13:58:37 Nov 13 13:58:37 * grzs ([email protected]) has left #bitcoincash
* grzs ([email protected]) has left #bitcoincash
Nov 13 13:58:37 <HeirlyGray> nice this place is about as active as #bitcoin channel already
Nov 13 13:58:37 <HeirlyGray> nice this place is about as active as #bitcoin channel already
Nov 13 13:58:57 Nov 13 13:58:57 * moriarty (~ljnfdvkjn@unaffiliated/moriarty) has joined #bitcoincash
* moriarty (~ljnfdvkjn@unaffiliated/moriarty) has joined #bitcoincash
Nov 13 13:59:04 Nov 13 13:59:04 <moriarty> did bitcoincash die? :'(
<moriarty> did bitcoincash die? :'(
Nov 13 13:59:16 Nov 13 13:59:16 <munchee> https://pbs.twimg.com/media/DON6eQmUIAABTsO.jpg
<munchee> https://pbs.twimg.com/media/DON6eQmUIAABTsO.jpg
Nov 13 13:59:52 Nov 13 13:59:52 <moriarty> lol munchee
<moriarty> lol munchee
Nov 13 14:00:40 Nov 13 14:00:40 <dymurray> I got banned from #bitcoin for asking where BCH discussion was
<dymurray> I got banned from #bitcoin for asking where BCH discussion was
Nov 13 14:00:47 Nov 13 14:00:47 <cberg> soon everyone will be flippening from #bitcoin to #bitcoincash
<cberg> soon everyone will be flippening from #bitcoin to #bitcoincash
Nov 13 14:00:58 Nov 13 14:00:58 <moriarty> lol
<moriarty> lol
Nov 13 14:01:06 Nov 13 14:01:06 <cruxin> lol thanks for that
<cruxin> lol thanks for that
Nov 13 14:01:34 Nov 13 14:01:34 <cruxin> haterz gonna hate
<cruxin> haterz gonna hate
Nov 13 14:02:12 <dummb0t> i hate everyone
Nov 13 14:02:12 <dummb0t> i hate everyone
Nov 13 14:03:09 * Herka (sid58030@gateway/web/irccloud.com/x-anbssfprafzlmagc) has joined #bitcoincash
Nov 13 14:03:09 * Herka (sid58030@gateway/web/irccloud.com/x-anbssfprafzlmagc) has joined #bitcoincash
Nov 13 14:03:19 Nov 13 14:03:19 <moriarty> so is that like a like_dummb0t > /dev/null
<moriarty> so is that like a like_dummb0t > /dev/null
Nov 13 14:06:40 Nov 13 14:06:40 <dymurray> Get ready for the moon boys and girls
<dymurray> Get ready for the moon boys and girls
Nov 13 14:08:07 <cberg> yes I'm ready. how high do you think it will go in this pump?
Nov 13 14:08:07 <cberg> yes I'm ready. how high do you think it will go in this pump?
Nov 13 14:08:26 Nov 13 14:08:26 <cberg> asking for a friend who wants to short
<cberg> asking for a friend who wants to short
Nov 13 14:09:01 Nov 13 14:09:01 <dymurray> 3k
<dymurray> 3k
Nov 13 14:09:19 Nov 13 14:09:19 <cberg> how much is that in borgstreamcoins?
<cberg> how much is that in borgstreamcoins?
Nov 13 14:09:23 Nov 13 14:09:23 <cberg> 0.5 again?
<cberg> 0.5 again?
Nov 13 14:09:41 <cberg> that would be a double top
Nov 13 14:09:41 <cberg> that would be a double top
Nov 13 14:09:41 Nov 13 14:09:41 <dymurray> I could see 0.5-0.6. I'm hoping
<dymurray> I could see 0.5-0.6. I'm hoping
Nov 13 14:09:44 <cberg> wwould kind of suck
Nov 13 14:09:44 <cberg> wwould kind of suck
Nov 13 14:15:10 Nov 13 14:15:10 <Herka> ok when will the difficulty change for BCH?
<Herka> ok when will the difficulty change for BCH?
Nov 13 14:16:12 Nov 13 14:16:12 <atroxes> in 6 blocks
<atroxes> in 6 blocks
Nov 13 14:16:18 Nov 13 14:16:18 <atroxes> or well, soon after
<atroxes> or well, soon after
Nov 13 14:17:27 Nov 13 14:17:27 <dymurray> Yupp. Very soon
<dymurray> Yupp. Very soon
Nov 13 14:17:39 Nov 13 14:17:39 <Herka> ah ok thanks, "soon" but still a few hours
<Herka> ah ok thanks, "soon" but still a few hours
Nov 13 14:17:42 Nov 13 14:17:42 <Herka> ^^
<Herka> ^^
Nov 13 14:18:48 Nov 13 14:18:48 <cberg> blame the miners for being greedy and going back to mining settlementcoin
<cberg> blame the miners for being greedy and going back to mining settlementcoin
Nov 13 14:19:16 Nov 13 14:19:16 <atroxes> Miners are supposed to be greedy :)
<atroxes> Miners are supposed to be greedy :)
Nov 13 14:19:33 Nov 13 14:19:33 <atroxes> BCH going up again o_o
<atroxes> BCH going up again o_o
Nov 13 14:19:40 Nov 13 14:19:40 <cberg> "up"
<cberg> "up"
Nov 13 14:20:27 Nov 13 14:20:27 <atroxes> lol @ btc $100 dip
<atroxes> lol @ btc $100 dip
Nov 13 14:23:03 Nov 13 14:23:03 <cberg> btc will dip to $100 soon enough
<cberg> btc will dip to $100 soon enough
Nov 13 14:23:29 * phoenixcanary ([email protected]) has joined #bitcoincash
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Nov 13 14:23:51 <Herka> ok thx, now ill know.
Nov 13 14:23:51 <Herka> ok thx, now ill know.
Nov 13 14:33:13 Nov 13 14:33:13 * whyrusleeping (~whyruslee@gx/dev/why) has joined #bitcoincash
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Nov 13 14:33:54 Nov 13 14:33:54 <whyrusleeping> Anyone know how to craft a multisig spend transaction for bitcoin cash? Any sort of documentation would be nice.
<whyrusleeping> Anyone know how to craft a multisig spend transaction for bitcoin cash? Any sort of documentation would be nice.
Nov 13 14:34:10 Nov 13 14:34:10 <whyrusleeping> I keep getting invalid transaction errors
<whyrusleeping> I keep getting invalid transaction errors
Nov 13 14:39:04 * bendricklamar (~benj@2604:a880:2:d0::3bb:a001) has joined #bitcoincash
Nov 13 14:39:04 * bendricklamar (~benj@2604:a880:2:d0::3bb:a001) has joined #bitcoincash
Nov 13 14:40:01 Nov 13 14:40:01 * wladston ([email protected]) has joined #bitcoincash
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Nov 13 14:42:44 Nov 13 14:42:44 * phoenixcanary has quit (Quit: missme)
* phoenixcanary has quit (Quit: missme)
Nov 13 14:43:04 Nov 13 14:43:04 * pc ([email protected]) has joined #bitcoincash
* pc ([email protected]) has joined #bitcoincash
Nov 13 14:43:28 * pc is now known as Guest3820
Nov 13 14:43:28 * pc is now known as Guest3820
Nov 13 14:44:30 Nov 13 14:44:30 * Guest3820 is now known as phoenixcanary
* Guest3820 is now known as phoenixcanary
Nov 13 14:44:40 Nov 13 14:44:40 <booyah> Bitcoin Cash will explode in 4 blocks
<booyah> Bitcoin Cash will explode in 4 blocks
Nov 13 14:44:46 Nov 13 14:44:46 <booyah> and I do not mean price exploding
<booyah> and I do not mean price exploding
Nov 13 14:45:27 Nov 13 14:45:27 <dummb0t> *eats popcorn*
<dummb0t> *eats popcorn*
Nov 13 14:47:30 Nov 13 14:47:30 <munchee> we're gonna be rich
<munchee> we're gonna be rich
Nov 13 14:48:23 Nov 13 14:48:23 * joe__ (d5a006a3@gateway/web/freenode/ip.213.160.6.163) has joined #bitcoincash
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Nov 13 14:49:12 <hinv> booyah your FUD is not welcome
Nov 13 14:49:12 <hinv> booyah your FUD is not welcome
Nov 13 14:49:53 Nov 13 14:49:53 <hinv> 2600 seconds since fork
<hinv> 2600 seconds since fork
Nov 13 14:50:55 <dymurray> moontime
Nov 13 14:50:55 <dymurray> moontime
Nov 13 14:54:05 <booyah> hinv: wait, what 2600 seconds?
Nov 13 14:54:05 <booyah> hinv: wait, what 2600 seconds?
Nov 13 14:54:10 <booyah> isn't the change in 4 blocks?
Nov 13 14:54:10 <booyah> isn't the change in 4 blocks?
Nov 13 14:54:42 Nov 13 14:54:42 <cberg> who cares about details like that
<cberg> who cares about details like that
Nov 13 14:54:44 Nov 13 14:54:44 <cberg> moontime!
<cberg> moontime!
Nov 13 14:55:07 <cberg> Jihan will figure out all the details don't worry
Nov 13 14:55:07 <cberg> Jihan will figure out all the details don't worry
Nov 13 14:57:35 Nov 13 14:57:35 * phoenixcanary has quit (Changing host)
* phoenixcanary has quit (Changing host)
Nov 13 14:57:36 Nov 13 14:57:36 * phoenixcanary (~phx@unaffiliated/phoenixcanary) has joined #bitcoincash
* phoenixcanary (~phx@unaffiliated/phoenixcanary) has joined #bitcoincash
Nov 13 14:59:17 Nov 13 14:59:17 <hinv> we've had a couple of blocks at least since then
<hinv> we've had a couple of blocks at least since then
Nov 13 14:59:28 Nov 13 14:59:28 <hinv> one of them was just a minute ago
<hinv> one of them was just a minute ago
Nov 13 15:01:53 <dw1> vitalik supports diverse forks and competition. be like vitalik. https://twitter.com/vitalikbuterin/status/929558722170429440
Nov 13 15:01:53 <dw1> vitalik supports diverse forks and competition. be like vitalik. https://twitter.com/vitalikbuterin/status/929558722170429440
Nov 13 15:02:31 Nov 13 15:02:31 <phoenixcanary> Yes
<phoenixcanary> Yes
Nov 13 15:05:28 Nov 13 15:05:28 * nhill ([email protected]) has joined #bitcoincash
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Nov 13 15:06:17 Nov 13 15:06:17 * ponzibanker ([email protected]) has joined #bitcoincash
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Nov 13 15:06:33 Nov 13 15:06:33 * ponzibanker ([email protected]) has left #bitcoincash
* ponzibanker ([email protected]) has left #bitcoincash
Nov 13 15:07:35 Nov 13 15:07:35 * pvizc (~pvizc@unaffiliated/pvizc) has joined #bitcoincash
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Nov 13 15:10:14 Nov 13 15:10:14 * wladston has quit (Remote host closed the connection)
* wladston has quit (Remote host closed the connection)
Nov 13 15:12:29 Nov 13 15:12:29 * nhill trolls
* nhill trolls
Nov 13 15:14:43 Nov 13 15:14:43 <atroxes> 1 block left
<atroxes> 1 block left
Nov 13 15:14:56 Nov 13 15:14:56 <atroxes> get rdy for exactly nothing to happen!
<atroxes> get rdy for exactly nothing to happen!
Nov 13 15:15:50 Nov 13 15:15:50 <dummb0t> MonkaS
<dummb0t> MonkaS
Nov 13 15:21:23 Nov 13 15:21:23 <cberg> get ready for moon
<cberg> get ready for moon
Nov 13 15:21:25 Nov 13 15:21:25 <cberg> amirite?
<cberg> amirite?
Nov 13 15:21:34 Nov 13 15:21:34 <dw1> should be an adjustment right away, no?
<dw1> should be an adjustment right away, no?
Nov 13 15:22:05 Nov 13 15:22:05 <dw1> ᕕ(⌐■_■)ᕗ
<dw1> ᕕ(⌐■_■)ᕗ
Nov 13 15:32:50 Nov 13 15:32:50 <nhill> cberg: moonl
<nhill> cberg: moonl
Nov 13 15:36:59 Nov 13 15:36:59 <cberg> I'm just glad that this fork will finally bring back the bitcoin that Roger Ver signed up for
<cberg> I'm just glad that this fork will finally bring back the bitcoin that Roger Ver signed up for
Nov 13 15:37:11 Nov 13 15:37:11 <dw1> umadbro
<dw1> umadbro
Nov 13 15:37:36 Nov 13 15:37:36 <dymurray> cberg, get out of here
<dymurray> cberg, get out of here
Nov 13 15:37:44 Nov 13 15:37:44 <dymurray> you think noone looks at #bitcoin-forks?
<dymurray> you think noone looks at #bitcoin-forks?
Nov 13 15:38:04 <cberg> you think I'm trying to be subtle?
Nov 13 15:38:04 <cberg> you think I'm trying to be subtle?
Nov 13 15:38:39 <dymurray> you sound pretty cool
Nov 13 15:38:39 <dymurray> you sound pretty cool
Nov 13 15:39:32 Nov 13 15:39:32 <dw1> one man on irc will save the world from BCH !
<dw1> one man on irc will save the world from BCH !
Nov 13 15:40:12 Nov 13 15:40:12 <cberg> I don't think that came out the way you wanted it to
<cberg> I don't think that came out the way you wanted it to
Nov 13 15:40:39 <dw1> that man is you
Nov 13 15:40:39 <dw1> that man is you
Nov 13 15:40:53 Nov 13 15:40:53 <dw1> mr grumpypants
<dw1> mr grumpypants
Nov 13 15:40:56 Nov 13 15:40:56 <cberg> uh yeah.. never mind
<cberg> uh yeah.. never mind
Nov 13 15:41:16 Nov 13 15:41:16 <dymurray> Hard to even really take BTC shills seriously
<dymurray> Hard to even really take BTC shills seriously
Nov 13 15:41:28 Nov 13 15:41:28 <dymurray> Just screams of insecurity
<dymurray> Just screams of insecurity
Nov 13 15:41:38 Nov 13 15:41:38 <cberg> hey I asked where to sign up for a bcash shill positions, but nobody wanted to tell me
<cberg> hey I asked where to sign up for a bcash shill positions, but nobody wanted to tell me
Nov 13 15:42:02 <dw1> hopefully he finds peace in time
Nov 13 15:42:02 <dw1> hopefully he finds peace in time
Nov 13 15:42:25 <dw1> have a laugh https://twitter.com/thelolcrypto
Nov 13 15:42:25 <dw1> have a laugh https://twitter.com/thelolcrypto
Nov 13 15:44:39 Nov 13 15:44:39 <cberg> but seriously, with this new DAA, I'm not sure this is still the Bcash I signed up for
<cberg> but seriously, with this new DAA, I'm not sure this is still the Bcash I signed up for
Nov 13 15:45:08 Nov 13 15:45:08 <dw1> then fork it
<dw1> then fork it
Nov 13 15:45:29 <cberg> touché
Nov 13 15:45:29 <cberg> touché
Nov 13 15:46:36 Nov 13 15:46:36 <dw1> maybe try spamming reddit or twitter there are way more people there to be influenced
<dw1> maybe try spamming reddit or twitter there are way more people there to be influenced
Nov 13 15:46:44 <dw1> irc is a ghost town
Nov 13 15:46:44 <dw1> irc is a ghost town
Nov 13 15:46:54 <cberg> I'm only here for my personal amusement
Nov 13 15:46:54 <cberg> I'm only here for my personal amusement
Nov 13 15:47:11 Nov 13 15:47:11 <cberg> until someone offers me a real shill position
<cberg> until someone offers me a real shill position
Nov 13 15:57:52 Nov 13 15:57:52 <cberg> why no new block? is it broken?
<cberg> why no new block? is it broken?
Nov 13 15:58:07 Nov 13 15:58:07 * B0g4r7 ([email protected]) has joined #bitcoincash
* B0g4r7 ([email protected]) has joined #bitcoincash
Nov 13 15:58:29 Nov 13 15:58:29 <cberg> I wouldn't want to wait 1 hour for my coffee to be honest
<cberg> I wouldn't want to wait 1 hour for my coffee to be honest
Nov 13 15:59:29 * wxss_ ([email protected]) has joined #bitcoincash
Nov 13 15:59:29 * wxss_ ([email protected]) has joined #bitcoincash
Nov 13 15:59:38 Nov 13 15:59:38 <notsponsible> forked
<notsponsible> forked
Nov 13 15:59:43 Nov 13 15:59:43 <atroxes> upgrade done :O
<atroxes> upgrade done :O
Nov 13 16:00:02 Nov 13 16:00:02 <B0g4r7> Does the one chain become two now?
<B0g4r7> Does the one chain become two now?
Nov 13 16:00:02 Nov 13 16:00:02 <cberg> damn I jinxed it
<cberg> damn I jinxed it
Nov 13 16:00:07 Nov 13 16:00:07 <dymurray> LOL cberg
<dymurray> LOL cberg
Nov 13 16:00:08 Nov 13 16:00:08 <B0g4r7> Bitcoin Cash and Bitcoin Cash Classic?
<B0g4r7> Bitcoin Cash and Bitcoin Cash Classic?
Nov 13 16:00:35 <dw1> it's probably non-contentious
Nov 13 16:00:35 <dw1> it's probably non-contentious
Nov 13 16:00:43 Nov 13 16:00:43 <dw1> so classic will die
<dw1> so classic will die
Nov 13 16:01:06 * wxss_ ([email protected]) has left #bitcoincash
Nov 13 16:01:06 * wxss_ ([email protected]) has left #bitcoincash
Nov 13 16:01:36 <B0g4r7> But dem miners loved that EDA so much.
Nov 13 16:01:36 <B0g4r7> But dem miners loved that EDA so much.
Nov 13 16:02:24 Nov 13 16:02:24 * wxss ([email protected]) has joined #bitcoincash
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Nov 13 16:02:41 Nov 13 16:02:41 * wladston ([email protected]) has joined #bitcoincash
* wladston ([email protected]) has joined #bitcoincash
Nov 13 16:02:51 Nov 13 16:02:51 <pvizc> are we forked yet?
<pvizc> are we forked yet?
Nov 13 16:03:00 <wladston> yes!
Nov 13 16:03:00 <wladston> yes!
Nov 13 16:03:47 Nov 13 16:03:47 <munchee> come on, bch, i know u have it in u
<munchee> come on, bch, i know u have it in u
Nov 13 16:03:53 Nov 13 16:03:53 <cberg> it's called a protocol update pvizc
<cberg> it's called a protocol update pvizc
Nov 13 16:04:14 <pvizc> oh
Nov 13 16:04:14 <pvizc> oh
Nov 13 16:04:22 Nov 13 16:04:22 <atroxes> haha BTC shills trying to crash the price now, to remove mining incentive
<atroxes> haha BTC shills trying to crash the price now, to remove mining incentive
Nov 13 16:04:53 Nov 13 16:04:53 <dymurray> Yup, classic bear trap
<dymurray> Yup, classic bear trap
Nov 13 16:05:13 Nov 13 16:05:13 <notsponsible> so is there any way to know how many wallets are running the wrong protocol now?
<notsponsible> so is there any way to know how many wallets are running the wrong protocol now?
Nov 13 16:05:20 Nov 13 16:05:20 <dw1> > we're up to 34 10% drops followed by 63 5% drops, which gives us more than a 99.9% drop (ಠ_ಠ)
<dw1> > we're up to 34 10% drops followed by 63 5% drops, which gives us more than a 99.9% drop (ಠ_ಠ)
Nov 13 16:05:33 Nov 13 16:05:33 <wladston> price fluctuations shouldn't matter as much now, though
<wladston> price fluctuations shouldn't matter as much now, though
Nov 13 16:05:50 <cberg> dw1: that just means CPU minging is back in business, as was Satoshi's vision
Nov 13 16:05:50 <cberg> dw1: that just means CPU minging is back in business, as was Satoshi's vision
Nov 13 16:06:52 Nov 13 16:06:52 <wladston> cberg: are you talking about Bitcoin Cash or Bitcoin Gold?
<wladston> cberg: are you talking about Bitcoin Cash or Bitcoin Gold?
Nov 13 16:07:03 Nov 13 16:07:03 <atroxes> woah that difficulty drop :O
<atroxes> woah that difficulty drop :O
Nov 13 16:07:21 Nov 13 16:07:21 <cberg> wladston: bcash
<cberg> wladston: bcash
Nov 13 16:07:47 Nov 13 16:07:47 <wladston> CPU mining on Bitcoin Cash? Not gonna happen…
<wladston> CPU mining on Bitcoin Cash? Not gonna happen…
Nov 13 16:09:52 <pvizc> why is bcash crashing
Nov 13 16:09:52 <pvizc> why is bcash crashing
Nov 13 16:10:01 Nov 13 16:10:01 * idealchain ([email protected]) has left #bitcoincash
* idealchain ([email protected]) has left #bitcoincash
Nov 13 16:10:34 Nov 13 16:10:34 <dw1> hehe
<dw1> hehe
Nov 13 16:10:52 Nov 13 16:10:52 <cberg> it's pretty stable I think
<cberg> it's pretty stable I think
Nov 13 16:10:57 Nov 13 16:10:57 <cberg> kind of boring
<cberg> kind of boring
Nov 13 16:10:59 Nov 13 16:10:59 <wladston> yeah… I see no crash
<wladston> yeah… I see no crash
Nov 13 16:11:06 Nov 13 16:11:06 <wladston> Fork was super smooth
<wladston> Fork was super smooth
Nov 13 16:11:15 <dymurray> because BCH is the true Bitcoin
Nov 13 16:11:15 <dymurray> because BCH is the true Bitcoin
Nov 13 16:12:11 Nov 13 16:12:11 <dw1> cool https://blockchair.com/bitcoin-cash/blocks
<dw1> cool https://blockchair.com/bitcoin-cash/blocks
Nov 13 16:13:31 * moriarty (~ljnfdvkjn@unaffiliated/moriarty) has left #bitcoincash
Nov 13 16:13:31 * moriarty (~ljnfdvkjn@unaffiliated/moriarty) has left #bitcoincash
Nov 13 16:15:04 Nov 13 16:15:04 <notsponsible> So it looks like the difficulty dropped by 62%. How long will it take to catch back up?
<notsponsible> So it looks like the difficulty dropped by 62%. How long will it take to catch back up?
Nov 13 16:16:34 Nov 13 16:16:34 <B0g4r7> Is there somewhere I can read about how the new DAA works?
<B0g4r7> Is there somewhere I can read about how the new DAA works?
Nov 13 16:16:43 Nov 13 16:16:43 <B0g4r7> other than reading the code itself...
<B0g4r7> other than reading the code itself...
Nov 13 16:16:55 <wladston> notsponsible: depends on the miners and what incentivizes then to mine…
Nov 13 16:16:55 <wladston> notsponsible: depends on the miners and what incentivizes then to mine…
Nov 13 16:17:02 Nov 13 16:17:02 <dw1> B0g4r7: https://www.bitcoinabc.org/november
<dw1> B0g4r7: https://www.bitcoinabc.org/november
Nov 13 16:17:24 Nov 13 16:17:24 <wladston> B0g4r7: https://www.bitcoinabc.org/november
<wladston> B0g4r7: https://www.bitcoinabc.org/november
Nov 13 16:22:09 Nov 13 16:22:09 * Sinclair6 (~sinclair6@2602:306:c4b1:2570:c823:efc:71e6:6f97) has joined #bitcoincash
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Nov 13 16:22:51 Nov 13 16:22:51 <B0g4r7> Cool, thx.
<B0g4r7> Cool, thx.
Nov 13 16:23:34 <B0g4r7> From reading that, I gather that the difficulty can (and usually will) change with each new block. Is that accurate?
Nov 13 16:23:34 <B0g4r7> From reading that, I gather that the difficulty can (and usually will) change with each new block. Is that accurate?
Nov 13 16:25:07 <dw1> yeah
Nov 13 16:25:07 <dw1> yeah
Nov 13 16:26:20 Nov 13 16:26:20 <wladston> dw1: really? From what I understand, if blocks are coming stably in 10 minutes, the diff change doesn't kick in
<wladston> dw1: really? From what I understand, if blocks are coming stably in 10 minutes, the diff change doesn't kick in
Nov 13 16:26:47 Nov 13 16:26:47 <wladston> oh, no wait, it's true
<wladston> oh, no wait, it's true
Nov 13 16:26:48 <wladston> "This algorithm is based on a 144-period simple moving average. The difficulty is adjusted each block, based on the amount of work done and the elapsed time of the previous 144 blocks."
Nov 13 16:26:48 <wladston> "This algorithm is based on a 144-period simple moving average. The difficulty is adjusted each block, based on the amount of work done and the elapsed time of the previous 144 blocks."
Nov 13 16:28:00 Nov 13 16:28:00 <B0g4r7> I remember TerraCoin using a DAA something like that back in 2012 or so.
<B0g4r7> I remember TerraCoin using a DAA something like that back in 2012 or so.
Nov 13 16:28:32 Nov 13 16:28:32 <B0g4r7> I had a script that would monitor the difficulty, and would jump onto mining that chain when it got low enough, and abandon once it got high enough.
<B0g4r7> I had a script that would monitor the difficulty, and would jump onto mining that chain when it got low enough, and abandon once it got high enough.
Nov 13 16:28:43 <B0g4r7> It oscillated pretty wildly.
Nov 13 16:28:43 <B0g4r7> It oscillated pretty wildly.
Nov 13 16:29:03 Nov 13 16:29:03 <wxss> yeah I remember it was unusable for months
<wxss> yeah I remember it was unusable for months
Nov 13 16:29:26 Nov 13 16:29:26 <wladston> B0g4r7: yup, I'm aware of that
<wladston> B0g4r7: yup, I'm aware of that
Nov 13 16:29:54 <wxss> so what's preventing that from happening with bcash?
Nov 13 16:29:54 <wxss> so what's preventing that from happening with bcash?
Nov 13 16:30:30 Nov 13 16:30:30 <B0g4r7> I think TRC's algorithm was different, but I can't remember exactly.
<B0g4r7> I think TRC's algorithm was different, but I can't remember exactly.
Nov 13 16:30:42 <wladston> yeah, the algo isn't the same…
Nov 13 16:30:42 <wladston> yeah, the algo isn't the same…
Nov 13 16:31:04 Nov 13 16:31:04 <wladston> and they did several simulations to try and pick a DAA that would resist the best to these fluctuations
<wladston> and they did several simulations to try and pick a DAA that would resist the best to these fluctuations
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Nov 13 16:42:52 Nov 13 16:42:52 <HeirlyGray> this channel is growing, was just like 50 this morning now 70 tomorrow 100
<HeirlyGray> this channel is growing, was just like 50 this morning now 70 tomorrow 100
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Nov 13 17:03:42 Nov 13 17:03:42 <hinv> I'm back
<hinv> I'm back
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Nov 13 17:03:57 Nov 13 17:03:57 <hinv> looks like the fork went well
<hinv> looks like the fork went well
Nov 13 17:06:41 <hinv> !cap
Nov 13 17:06:41 <hinv> !cap
Nov 13 17:06:43 <Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $22785191063.0 3507027.24222373 BTC, MoneySupply: 16800513.0, Price: $1356.22, 0.208627 BTC, Volume: $5142240000.0, 791477.92599981 BTC 1h: -0.81%, 24h: -8.66%, 7d: 119.36%
Nov 13 17:06:43 <Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $22785191063.0 3507027.24222373 BTC, MoneySupply: 16800513.0, Price: $1356.22, 0.208627 BTC, Volume: $5142240000.0, 791477.92599981 BTC 1h: -0.81%, 24h: -8.66%, 7d: 119.36%
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Nov 13 17:12:24 Nov 13 17:12:24 <HeirlyGray> nice
<HeirlyGray> nice
Nov 13 17:12:27 Nov 13 17:12:27 <HeirlyGray> !price
<HeirlyGray> !price
Nov 13 17:12:28 Nov 13 17:12:28 <Smarty47> Poloniex BTC_BCH Last: 0.20997992, Bid: 0.20907542, Ask: 0.20997993, %change: -24.79
<Smarty47> Poloniex BTC_BCH Last: 0.20997992, Bid: 0.20907542, Ask: 0.20997993, %change: -24.79
Nov 13 17:12:28 Nov 13 17:12:28 <Smarty47> Poloniex ETH_BCH Last: 4.29029999, Bid: 4.27240000, Ask: 4.29030000, %change: -18.42
<Smarty47> Poloniex ETH_BCH Last: 4.29029999, Bid: 4.27240000, Ask: 4.29030000, %change: -18.42
Nov 13 17:12:28 <Smarty47> Poloniex USDT_BCH Last: 1331.67700000, Bid: 1327.96755270, Ask: 1335.67900000, %change: -17.06
Nov 13 17:12:28 <Smarty47> Poloniex USDT_BCH Last: 1331.67700000, Bid: 1327.96755270, Ask: 1335.67900000, %change: -17.06
Nov 13 17:13:33 Nov 13 17:13:33 <hinv> !stats bcc
<hinv> !stats bcc
Nov 13 17:13:35 Nov 13 17:13:35 <Smarty47> Bittrex BTC-BCC Last: 0.21030349, Bid: 0.21000000, Ask: 0.21030349, PrevDay: 0.28400000, 24 Hour Low: 0.15100050, High: 0.28400000, Volume: 368008.58308092, BTCVolume: 75181.92743884
<Smarty47> Bittrex BTC-BCC Last: 0.21030349, Bid: 0.21000000, Ask: 0.21030349, PrevDay: 0.28400000, 24 Hour Low: 0.15100050, High: 0.28400000, Volume: 368008.58308092, BTCVolume: 75181.92743884
Nov 13 17:13:35 Nov 13 17:13:35 <Smarty47> Bittrex ETH-BCC Last: 4.36424861, Bid: 4.30000010, Ask: 4.36424860, PrevDay: 5.36500000, 24 Hour Low: 3.22300000, High: 5.42000000, Volume: 14366.56410508, ETHVolume: 60938.70490668
<Smarty47> Bittrex ETH-BCC Last: 4.36424861, Bid: 4.30000010, Ask: 4.36424860, PrevDay: 5.36500000, 24 Hour Low: 3.22300000, High: 5.42000000, Volume: 14366.56410508, ETHVolume: 60938.70490668
Nov 13 17:13:35 <Smarty47> Bittrex USDT-BCC Last: 1340.00000000, Bid: 1332.13320021, Ask: 1339.00000000, PrevDay: 1628.42888000, 24 Hour Low: 1010.00000008, High: 1633.65000000, Volume: 74958.37700531, USDTVolume: 95854429.01861289
Nov 13 17:13:35 <Smarty47> Bittrex USDT-BCC Last: 1340.00000000, Bid: 1332.13320021, Ask: 1339.00000000, PrevDay: 1628.42888000, 24 Hour Low: 1010.00000008, High: 1633.65000000, Volume: 74958.37700531, USDTVolume: 95854429.01861289
Nov 13 17:13:41 Nov 13 17:13:41 <hinv> even nicer!
<hinv> even nicer!
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Nov 13 17:48:08 <hinv> !cap
Nov 13 17:48:08 <hinv> !cap
Nov 13 17:48:09 Nov 13 17:48:09 <Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $22366016678.0 3449395.23476104 BTC, MoneySupply: 16800638.0, Price: $1331.26, 0.205385 BTC, Volume: $4894440000.0, 754844.20207155 BTC 1h: 1.18%, 24h: -10.93%, 7d: 115.78%
<Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $22366016678.0 3449395.23476104 BTC, MoneySupply: 16800638.0, Price: $1331.26, 0.205385 BTC, Volume: $4894440000.0, 754844.20207155 BTC 1h: 1.18%, 24h: -10.93%, 7d: 115.78%
Nov 13 17:49:36 Nov 13 17:49:36 <hinv> !cap btc
<hinv> !cap btc
Nov 13 17:49:43 Nov 13 17:49:43 <Smarty47> Bitcoin, symbol: BTC, rank: 1, MarketCap $108141305423 16678075.00000000 BTC, MoneySupply: 16678075.0, Price: $6484.04, 1.0 BTC, Volume: $6624100000.0, 1021600.73040882 BTC 1h: -0.69%, 24h: 10.87%, 7d: -8.97%
<Smarty47> Bitcoin, symbol: BTC, rank: 1, MarketCap $108141305423 16678075.00000000 BTC, MoneySupply: 16678075.0, Price: $6484.04, 1.0 BTC, Volume: $6624100000.0, 1021600.73040882 BTC 1h: -0.69%, 24h: 10.87%, 7d: -8.97%
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Nov 13 18:55:55 Nov 13 18:55:55 <munchee> eventful day
<munchee> eventful day
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Nov 13 19:01:56 Nov 13 19:01:56 <wxss> good atmosphere in here
<wxss> good atmosphere in here
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Nov 13 21:13:17 Nov 13 21:13:17 <munchee> it's always darkest before the moon
<munchee> it's always darkest before the moon
Nov 13 21:13:22 Nov 13 21:13:22 <munchee> remember
<munchee> remember
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Nov 13 22:12:52 Nov 13 22:12:52 <BamesJond> munchee its also dark when you are under a pile of shit and moonlight cant penetrate all that shit you're under :)
<BamesJond> munchee its also dark when you are under a pile of shit and moonlight cant penetrate all that shit you're under :)
Nov 13 22:15:21 <BamesJond> HeirlyGray: channel may be growing, but last thing you want is knowledge to be limited. the problem nowadays is people are involved without understanding. Understanding clears up room for opinion
Nov 13 22:15:21 <BamesJond> HeirlyGray: channel may be growing, but last thing you want is knowledge to be limited. the problem nowadays is people are involved without understanding. Understanding clears up room for opinion
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Nov 13 22:46:15 <blarney> btc just keeps climbing B) heeheeeheeeee
Nov 13 22:46:15 <blarney> btc just keeps climbing B) heeheeeheeeee
Nov 13 22:52:16 Nov 13 22:52:16 <BamesJond> why wouldn't it ? there are only a few reasons it was down :)
<BamesJond> why wouldn't it ? there are only a few reasons it was down :)
Nov 13 22:52:55 Nov 13 22:52:55 <BamesJond> shift of hash rate to another location, risk of segshit2X, and TX spam
<BamesJond> shift of hash rate to another location, risk of segshit2X, and TX spam
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Nov 14 00:12:23 Nov 14 00:12:23 <hinv> !cap
<hinv> !cap
Nov 14 00:12:24 Nov 14 00:12:24 <Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $20726592540.0 3127668.88340614 BTC, MoneySupply: 16801713.0, Price: $1233.6, 0.186601 BTC, Volume: $4278340000.0, 645606.88713340 BTC 1h: -0.19%, 24h: 2.56%, 7d: 100.31%
<Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $20726592540.0 3127668.88340614 BTC, MoneySupply: 16801713.0, Price: $1233.6, 0.186601 BTC, Volume: $4278340000.0, 645606.88713340 BTC 1h: -0.19%, 24h: 2.56%, 7d: 100.31%
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Nov 14 01:00:20 Nov 14 01:00:20 <dw1> https://fork.lol/
<dw1> https://fork.lol/
Nov 14 01:00:26 Nov 14 01:00:26 <dw1> nice, 1.16x rewards
<dw1> nice, 1.16x rewards
Nov 14 01:00:59 Nov 14 01:00:59 <hinv> yeah, the fork is going well.....I'm wondering if we will get another pump
<hinv> yeah, the fork is going well.....I'm wondering if we will get another pump
Nov 14 01:01:06 Nov 14 01:01:06 <hinv> maybe even a flippening
<hinv> maybe even a flippening
Nov 14 01:01:24 Nov 14 01:01:24 <dw1> BTC is bruised, it can't take it :D
<dw1> BTC is bruised, it can't take it :D
Nov 14 01:02:03 Nov 14 01:02:03 <dw1> flippening would be exciting
<dw1> flippening would be exciting
Nov 14 01:02:38 Nov 14 01:02:38 <hinv> yeah, exciting for sure
<hinv> yeah, exciting for sure
Nov 14 01:03:57 <hinv> could be quite destructive
Nov 14 01:03:57 <hinv> could be quite destructive
Nov 14 01:04:02 Nov 14 01:04:02 <dw1> yea :/
<dw1> yea :/
Nov 14 01:04:02 Nov 14 01:04:02 <hinv> dw1, are you in the US?
<hinv> dw1, are you in the US?
Nov 14 01:04:08 <dw1> canada
Nov 14 01:04:08 <dw1> canada
Nov 14 01:04:39 Nov 14 01:04:39 <hinv> so you still saw the snowflakes that just couldn't grasp the reality that Trump won the election?
<hinv> so you still saw the snowflakes that just couldn't grasp the reality that Trump won the election?
Nov 14 01:04:58 Nov 14 01:04:58 <dw1> yep, that could be BTCers
<dw1> yep, that could be BTCers
Nov 14 01:05:08 Nov 14 01:05:08 <hinv> That's what I am thinking
<hinv> That's what I am thinking
Nov 14 01:05:21 <dw1> https://www.youtube.com/watch?v=avcyqp_10Yk
Nov 14 01:05:21 <dw1> https://www.youtube.com/watch?v=avcyqp_10Yk
Nov 14 01:05:43 Nov 14 01:05:43 <dw1> hehe
<dw1> hehe
Nov 14 01:05:55 Nov 14 01:05:55 <hinv> lol
<hinv> lol
Nov 14 01:08:36 Nov 14 01:08:36 <dw1> https://blockchain.info/tx/5ed07e2c84dcb03c8eb37f3ef5fe2cf4734be6a29f924ec036646e04b196d5b1
<dw1> https://blockchain.info/tx/5ed07e2c84dcb03c8eb37f3ef5fe2cf4734be6a29f924ec036646e04b196d5b1
Nov 14 01:08:41 <dw1> that $377 USD fee
Nov 14 01:08:41 <dw1> that $377 USD fee
Nov 14 01:09:05 Nov 14 01:09:05 <hinv> I paid a .01BTC fee the other night
<hinv> I paid a .01BTC fee the other night
Nov 14 01:09:24 <hinv> to get some mining pool shares
Nov 14 01:09:24 <hinv> to get some mining pool shares
Nov 14 01:09:37 Nov 14 01:09:37 <hinv> because the hardware can be redirected
<hinv> because the hardware can be redirected
Nov 14 01:09:48 Nov 14 01:09:48 <dw1> hm
<dw1> hm
Nov 14 01:15:55 <hinv> so either way, I win
Nov 14 01:15:55 <hinv> so either way, I win
Nov 14 01:16:05 <hinv> I'll get bitcoin if it doesn't flip
Nov 14 01:16:05 <hinv> I'll get bitcoin if it doesn't flip
Nov 14 01:16:32 <hinv> I'll get Bitcoin Cash (The new Bitcoin) if it does flip.
Nov 14 01:16:32 <hinv> I'll get Bitcoin Cash (The new Bitcoin) if it does flip.
Nov 14 01:17:23 Nov 14 01:17:23 <dw1> sweet
<dw1> sweet
Nov 14 01:17:31 Nov 14 01:17:31 <hinv> with the smooth DAA fork and the good block rate, we may be in for a flip
<hinv> with the smooth DAA fork and the good block rate, we may be in for a flip
Nov 14 01:17:40 Nov 14 01:17:40 <hinv> I also did buy more BCC on Bittrex
<hinv> I also did buy more BCC on Bittrex
Nov 14 01:17:40 Nov 14 01:17:40 <dw1> yes
<dw1> yes
Nov 14 01:18:01 Nov 14 01:18:01 <hinv> Did you notice that Exodus wallet was not able to exchange BTC yesterday?
<hinv> Did you notice that Exodus wallet was not able to exchange BTC yesterday?
Nov 14 01:18:25 Nov 14 01:18:25 <dw1> no, but i noticed shapeshift put a hold on BCH
<dw1> no, but i noticed shapeshift put a hold on BCH
Nov 14 01:18:35 Nov 14 01:18:35 <hinv> Might have been due to the 140k transaction backlog
<hinv> Might have been due to the 140k transaction backlog
Nov 14 01:18:36 Nov 14 01:18:36 <dw1> prob due to the fork not funding problems
<dw1> prob due to the fork not funding problems
Nov 14 01:18:45 Nov 14 01:18:45 <dw1> haha yea
<dw1> haha yea
Nov 14 01:18:57 Nov 14 01:18:57 <dw1> or their fee algorithm got crazy
<dw1> or their fee algorithm got crazy
Nov 14 01:19:04 Nov 14 01:19:04 <dw1> if they have one
<dw1> if they have one
Nov 14 01:19:40 Nov 14 01:19:40 <hinv> I didn't hear about any fork funding problems. This was before the DAA fork today.
<hinv> I didn't hear about any fork funding problems. This was before the DAA fork today.
Nov 14 01:19:57 <dw1> i mean shapeshift
Nov 14 01:19:57 <dw1> i mean shapeshift
Nov 14 01:20:03 <hinv> still 80k transaction backlog on Bitcoin Core
Nov 14 01:20:03 <hinv> still 80k transaction backlog on Bitcoin Core
Nov 14 01:20:15 Nov 14 01:20:15 <dw1> sucks
<dw1> sucks
Nov 14 01:20:38 Nov 14 01:20:38 <hinv> $61 for a transactions just because I feared getting stuck in that backlog
<hinv> $61 for a transactions just because I feared getting stuck in that backlog
Nov 14 01:21:26 Nov 14 01:21:26 <hinv> ...is just unreasonable, network is broken
<hinv> ...is just unreasonable, network is broken
Nov 14 01:21:29 Nov 14 01:21:29 <hinv> https://www.youtube.com/watch?v=bARWo2wHuDc
<hinv> https://www.youtube.com/watch?v=bARWo2wHuDc
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Nov 14 01:24:32 Nov 14 01:24:32 <hinv> ok, gotta get to bed....nice chatting with ya
<hinv> ok, gotta get to bed....nice chatting with ya
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Nov 14 01:27:37 <dw1> yep
Nov 14 01:27:37 <dw1> yep
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Nov 14 01:55:36 Nov 14 01:55:36 <dw1> https://blockchair.com/bitcoin-cash/blocks?s=transaction_count(desc)
<dw1> https://blockchair.com/bitcoin-cash/blocks?s=transaction_count(desc)
Nov 14 01:55:41 <dw1> ~38000 transactions in one block, nice
Nov 14 01:55:41 <dw1> ~38000 transactions in one block, nice
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Nov 14 02:45:34 <bendricklamar> y'all think we're gonna see a flip?
Nov 14 02:45:34 <bendricklamar> y'all think we're gonna see a flip?
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Nov 14 02:49:48 Nov 14 02:49:48 <elichai2> hey
<elichai2> hey
Nov 14 02:50:09 Nov 14 02:50:09 <elichai2> can I copy Bitcoin Core blockchain and reindex it for Bitcoin Cash?
<elichai2> can I copy Bitcoin Core blockchain and reindex it for Bitcoin Cash?
Nov 14 02:51:30 Nov 14 02:51:30 <elichai2> is this channel alive?
<elichai2> is this channel alive?
Nov 14 03:02:11 <BamesJond> dead just like bcash :D
Nov 14 03:02:11 <BamesJond> dead just like bcash :D
Nov 14 03:08:13 Nov 14 03:08:13 <BamesJond> dw1: they really chose to pay a high fee 1195+ sat/byte, crazy
<BamesJond> dw1: they really chose to pay a high fee 1195+ sat/byte, crazy
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Nov 14 03:21:39 Nov 14 03:21:39 <dw1> https://bitcoinfees.earn.com/ was suggesting 950sat/byte yesterday
<dw1> https://bitcoinfees.earn.com/ was suggesting 950sat/byte yesterday
Nov 14 03:22:22 <dw1> elichai2: maybe if you were an epic programmer idk
Nov 14 03:22:22 <dw1> elichai2: maybe if you were an epic programmer idk
Nov 14 03:23:07 Nov 14 03:23:07 <elichai2> dw1: why? isn't it suppose to validate all the good blocks and then invalidate when it gets to the fork and from then it will start syncing?
<elichai2> dw1: why? isn't it suppose to validate all the good blocks and then invalidate when it gets to the fork and from then it will start syncing?
Nov 14 03:23:21 Nov 14 03:23:21 <dw1> maybe
<dw1> maybe
Nov 14 03:23:24 Nov 14 03:23:24 <dw1> why dont you try it
<dw1> why dont you try it
Nov 14 03:24:11 Nov 14 03:24:11 <dw1> just takes one copy command i guess :D
<dw1> just takes one copy command i guess :D
Nov 14 03:27:45 Nov 14 03:27:45 <phoenixcanary> Are any of you holding Bitcoin gold?
<phoenixcanary> Are any of you holding Bitcoin gold?
Nov 14 03:28:51 <elichai2> dw1: yeah, i'll try
Nov 14 03:28:51 <elichai2> dw1: yeah, i'll try
Nov 14 03:34:41 <dw1> bitcoin gold is unrelated to bitcoincash
Nov 14 03:34:41 <dw1> bitcoin gold is unrelated to bitcoincash
Nov 14 03:34:45 Nov 14 03:34:45 <dw1> #bitcoin-forks :p
<dw1> #bitcoin-forks :p
Nov 14 03:37:05 Nov 14 03:37:05 <dw1> to stay off topic tho i just tried mining a little BTG. it seems less profitable than ethereum
<dw1> to stay off topic tho i just tried mining a little BTG. it seems less profitable than ethereum
Nov 14 03:37:57 Nov 14 03:37:57 <dw1> also they take a devfee. they're bastards.
<dw1> also they take a devfee. they're bastards.
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Nov 14 03:43:39 Nov 14 03:43:39 <phoenixcanary> Devfee
<phoenixcanary> Devfee
Nov 14 03:43:42 Nov 14 03:43:42 <phoenixcanary> Dafuw
<phoenixcanary> Dafuw
Nov 14 03:43:47 Nov 14 03:43:47 <phoenixcanary> Dafuq*
<phoenixcanary> Dafuq*
Nov 14 03:44:01 Nov 14 03:44:01 <phoenixcanary> From taxes to "fees"
<phoenixcanary> From taxes to "fees"
Nov 14 03:44:03 Nov 14 03:44:03 <phoenixcanary> Same shit
<phoenixcanary> Same shit
Nov 14 04:01:16 Nov 14 04:01:16 * munchee moons
* munchee moons
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Nov 14 04:05:55 Nov 14 04:05:55 <psy__> phoenixcanary: amen to that
<psy__> phoenixcanary: amen to that
Nov 14 04:06:37 Nov 14 04:06:37 <phoenixcanary> Does BCH plan to implement lightning network or something
<phoenixcanary> Does BCH plan to implement lightning network or something
Nov 14 04:07:01 Nov 14 04:07:01 <phoenixcanary> Or will it be able to do 200k tx per second
<phoenixcanary> Or will it be able to do 200k tx per second
Nov 14 04:07:17 Nov 14 04:07:17 <phoenixcanary> Cause alipay did a record 250k
<phoenixcanary> Cause alipay did a record 250k
Nov 14 04:07:35 Nov 14 04:07:35 <phoenixcanary> And if cryptos are gonna replace money, they need to be able to match the txs
<phoenixcanary> And if cryptos are gonna replace money, they need to be able to match the txs
Nov 14 04:08:03 Nov 14 04:08:03 <phoenixcanary> And I don't think only LN is the solution ofc, but wanna know how it's gonna scale
<phoenixcanary> And I don't think only LN is the solution ofc, but wanna know how it's gonna scale
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Nov 14 04:17:01 Nov 14 04:17:01 <dw1> they're experimenting with gigablocks lol
<dw1> they're experimenting with gigablocks lol
Nov 14 04:18:03 Nov 14 04:18:03 <dw1> https://www.scribd.com/document/359889814/ScalingBitcoin-Stanford-GigablockNet-Proposal
<dw1> https://www.scribd.com/document/359889814/ScalingBitcoin-Stanford-GigablockNet-Proposal
Nov 14 04:18:39 <dw1> nowhere close yet
Nov 14 04:18:39 <dw1> nowhere close yet
Nov 14 04:22:14 <dw1> but apparently an 8MB block can fit like 38000 transactions https://blockchair.com/bitcoin-cash/blocks?s=transaction_count(desc)
Nov 14 04:22:14 <dw1> but apparently an 8MB block can fit like 38000 transactions https://blockchair.com/bitcoin-cash/blocks?s=transaction_count(desc)
Nov 14 04:22:59 <dw1> every 10 mins = 63/s, every 2 mins = 317/s
Nov 14 04:22:59 <dw1> every 10 mins = 63/s, every 2 mins = 317/s
Nov 14 04:24:43 Nov 14 04:24:43 <phoenixcanary> Hmm
<phoenixcanary> Hmm
Nov 14 04:24:44 Nov 14 04:24:44 <dw1> gigablock would be 128x that?
<dw1> gigablock would be 128x that?
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Nov 14 04:57:16 Nov 14 04:57:16 <booyah> flippening when
<booyah> flippening when
Nov 14 04:57:18 Nov 14 04:57:18 <booyah> guuuys
<booyah> guuuys
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Nov 14 04:59:30 Nov 14 04:59:30 <dw1> when people stop paying high fees :}
<dw1> when people stop paying high fees :}
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Nov 14 05:23:54 Nov 14 05:23:54 <BamesJond> dw1: those suggestions are interesting, im still using 25-35 sat/byte lol
<BamesJond> dw1: those suggestions are interesting, im still using 25-35 sat/byte lol
Nov 14 05:24:13 Nov 14 05:24:13 <BamesJond> the funny thing is most times it does not even take 30 minutes
<BamesJond> the funny thing is most times it does not even take 30 minutes
Nov 14 05:27:36 Nov 14 05:27:36 <booyah> dw1: I just move to litecoin for smaller things, while waiting for LN
<booyah> dw1: I just move to litecoin for smaller things, while waiting for LN
Nov 14 05:28:06 Nov 14 05:28:06 <booyah> full mempool is cool
<booyah> full mempool is cool
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Nov 14 09:28:00 <SoCo_cpp_> does #bitcoin ban anyone who talks in #bitcoincash or what? I haven't even talked in that channel in like a month and I got banned last night...after talking in here earlier yesterday.
Nov 14 09:28:00 <SoCo_cpp_> does #bitcoin ban anyone who talks in #bitcoincash or what? I haven't even talked in that channel in like a month and I got banned last night...after talking in here earlier yesterday.
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Nov 14 09:42:08 Nov 14 09:42:08 <dw1> you dont appear to be banned
<dw1> you dont appear to be banned
Nov 14 09:42:45 Nov 14 09:42:45 <SoCo_cpp_> Cannot join #bitcoin (You are banned).
<SoCo_cpp_> Cannot join #bitcoin (You are banned).
Nov 14 09:42:52 Nov 14 09:42:52 <SoCo_cpp_> same with #bitcoin-forks
<SoCo_cpp_> same with #bitcoin-forks
Nov 14 09:43:01 <SoCo_cpp_> did they ban all of PIA?
Nov 14 09:43:01 <SoCo_cpp_> did they ban all of PIA?
Nov 14 09:43:05 Nov 14 09:43:05 <SoCo_cpp_> (vpn)
<SoCo_cpp_> (vpn)
Nov 14 09:43:30 Nov 14 09:43:30 <dw1> ill have to check the 5 ban-joined channels
<dw1> ill have to check the 5 ban-joined channels
Nov 14 09:43:51 Nov 14 09:43:51 <dw1> cant hceck em
<dw1> cant hceck em
Nov 14 09:43:53 Nov 14 09:43:53 <dw1> probably
<dw1> probably
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Nov 14 09:44:25 <SoCo_cpp_> well if PIA was banned, that'd make some kind of sense.
Nov 14 09:44:25 <SoCo_cpp_> well if PIA was banned, that'd make some kind of sense.
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Nov 14 09:45:00 Nov 14 09:45:00 <AlienTrooper> https://medium.com/@WhalePanda/roger-ver-from-bitcoin-jesus-to-bitcoin-antichrist-69fc7a17c622
<AlienTrooper> https://medium.com/@WhalePanda/roger-ver-from-bitcoin-jesus-to-bitcoin-antichrist-69fc7a17c622
Nov 14 09:46:25 Nov 14 09:46:25 <dw1> ahh i can check them
<dw1> ahh i can check them
Nov 14 09:47:32 Nov 14 09:47:32 <dw1> 06:45 -!- 0 - #bitcoin-global-bansA: ban *!*@gateway/vpn/privateinternetaccess/* [by buZz!~buzz@unaffiliated/buzz, 41270 secs ago]
<dw1> 06:45 -!- 0 - #bitcoin-global-bansA: ban *!*@gateway/vpn/privateinternetaccess/* [by buZz!~buzz@unaffiliated/buzz, 41270 secs ago]
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Nov 14 09:47:52 Nov 14 09:47:52 <dw1> WhalePanda is on the typical witch-hunt
<dw1> WhalePanda is on the typical witch-hunt
Nov 14 09:47:57 <dw1> spreading FUD
Nov 14 09:47:57 <dw1> spreading FUD
Nov 14 09:47:58 Nov 14 09:47:58 <SoCo_cpp_> heh
<SoCo_cpp_> heh
Nov 14 09:48:56 Nov 14 09:48:56 <SoCo_cpp_> dw1 well that explains the ban :P
<SoCo_cpp_> dw1 well that explains the ban :P
Nov 14 09:49:56 Nov 14 09:49:56 <dw1> maybe a staffer can give you a regular cloak
<dw1> maybe a staffer can give you a regular cloak
Nov 14 09:50:01 Nov 14 09:50:01 <dw1> idk
<dw1> idk
Nov 14 09:50:30 Nov 14 09:50:30 <SoCo_cpp_> I used to have one, but I haven't bothered with it in a long time
<SoCo_cpp_> I used to have one, but I haven't bothered with it in a long time
Nov 14 09:51:47 Nov 14 09:51:47 <dw1> maybe you can get a +e exemption
<dw1> maybe you can get a +e exemption
Nov 14 09:52:53 <SoCo_cpp_> as many times as they've banned me prolly not :P
Nov 14 09:52:53 <SoCo_cpp_> as many times as they've banned me prolly not :P
Nov 14 09:53:08 Nov 14 09:53:08 <dw1> lol
<dw1> lol
Nov 14 09:53:10 Nov 14 09:53:10 <SoCo_cpp_> I'll look into getting my cloak working again a little later.
<SoCo_cpp_> I'll look into getting my cloak working again a little later.
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Nov 14 10:08:07 <dymurray> SoCo_cpp_, they banned me too for simply asking where this channel was
Nov 14 10:08:07 <dymurray> SoCo_cpp_, they banned me too for simply asking where this channel was
Nov 14 10:08:09 <notsponsible> I am trying to spin up a p2pool bitcoin cash pool. First I tried p2pool v17-62fa7b0 and bitcoin abc v0.16.0.0-d8eac91f8 but the pool wouldn't launch. I think it is because p2pool was looking for segwit support. So I actually rolled back to p2pool v16 and it looks like that will run but I have no clue how to get the peering side of it to work. Does anyone know if the p2pool project was forked for development with bitcoin
Nov 14 10:08:09 <notsponsible> I am trying to spin up a p2pool bitcoin cash pool. First I tried p2pool v17-62fa7b0 and bitcoin abc v0.16.0.0-d8eac91f8 but the pool wouldn't launch. I think it is because p2pool was looking for segwit support. So I actually rolled back to p2pool v16 and it looks like that will run but I have no clue how to get the peering side of it to work. Does anyone know if the p2pool project was forked for development with bitcoin
Nov 14 10:08:31 <notsponsible> In searching on github I found a project amarian12/p2pool-bch but it looks incomplete.
Nov 14 10:08:31 <notsponsible> In searching on github I found a project amarian12/p2pool-bch but it looks incomplete.
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Nov 14 10:11:04 Nov 14 10:11:04 <SoCo_cpp_> notsponsible, there are a couple reddit posts acting like that amarian p2pool is done and working
<SoCo_cpp_> notsponsible, there are a couple reddit posts acting like that amarian p2pool is done and working
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Nov 14 12:58:00 Nov 14 12:58:00 <notsponsible> SoCo_cpp_: You are right, i got it to work. That project is using different defaults for rpc and p2p ports.
<notsponsible> SoCo_cpp_: You are right, i got it to work. That project is using different defaults for rpc and p2p ports.
Nov 14 12:58:16 <SoCo_cpp_> cool
Nov 14 12:58:16 <SoCo_cpp_> cool
Nov 14 13:01:24 <notsponsible> cheers
Nov 14 13:01:24 <notsponsible> cheers
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Nov 14 13:51:41 Nov 14 13:51:41 <elichai2> I want to use Bitcoin core's blockchain to sync Bcash without redownloading it
<elichai2> I want to use Bitcoin core's blockchain to sync Bcash without redownloading it
Nov 14 13:51:41 Nov 14 13:51:41 <elichai2> thought all I need is to cancel this checkpoint ( https://github.com/Bitcoin-ABC/bitcoin-abc/commit/16489ef655fc66010acfcfbc01dd4018c3646ff3 )
<elichai2> thought all I need is to cancel this checkpoint ( https://github.com/Bitcoin-ABC/bitcoin-abc/commit/16489ef655fc66010acfcfbc01dd4018c3646ff3 )
Nov 14 13:51:47 <elichai2> think it will work?
Nov 14 13:51:47 <elichai2> think it will work?
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Nov 14 14:28:23 Nov 14 14:28:23 <dw1> https://www.coindesk.com/the-risks-of-bitcoins-segregated-witness-problems-under-us-contract-law/
<dw1> https://www.coindesk.com/the-risks-of-bitcoins-segregated-witness-problems-under-us-contract-law/
Nov 14 14:38:16 Nov 14 14:38:16 <dw1> yea, probably a non-issue https://www.coindesk.com/bitcoin-legal-experts-nchain-segwit-criticisms-flawed/
<dw1> yea, probably a non-issue https://www.coindesk.com/bitcoin-legal-experts-nchain-segwit-criticisms-flawed/
Nov 14 14:46:03 Nov 14 14:46:03 <dw1> the chain should stand well enough
<dw1> the chain should stand well enough
Nov 14 14:55:33 Nov 14 14:55:33 <dw1> https://twitter.com/SatoshiLite/status/930515592058040320
<dw1> https://twitter.com/SatoshiLite/status/930515592058040320
Nov 14 14:55:42 Nov 14 14:55:42 <dw1> maybe some code could be added to return the funds
<dw1> maybe some code could be added to return the funds
Nov 14 14:57:14 <dw1> or a benevolent miner could do it
Nov 14 14:57:14 <dw1> or a benevolent miner could do it
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Nov 14 14:59:28 Nov 14 14:59:28 <dw1> or they could simply be properly ignored so they can't be spent
<dw1> or they could simply be properly ignored so they can't be spent
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Nov 14 15:02:56 Nov 14 15:02:56 <dw1> > lol you can't, you can't distinguish segwit addresses from p2sh
<dw1> > lol you can't, you can't distinguish segwit addresses from p2sh
Nov 14 15:02:58 Nov 14 15:02:58 <dw1> :o
<dw1> :o
Nov 14 15:05:46 Nov 14 15:05:46 <dw1> ah apparently they can't be redeemed unless the sender works with the miner
<dw1> ah apparently they can't be redeemed unless the sender works with the miner
Nov 14 15:09:09 Nov 14 15:09:09 <dw1> no, apparently they can ¯\_(ツ)_/¯
<dw1> no, apparently they can ¯\_(ツ)_/¯
Nov 14 15:23:05 Nov 14 15:23:05 <dummb0t> can that happen with btc too ?
<dummb0t> can that happen with btc too ?
Nov 14 15:24:34 Nov 14 15:24:34 <wxss> no
<wxss> no
Nov 14 15:33:09 Nov 14 15:33:09 <bauerj> How can you spend with a non-standard tx?
<bauerj> How can you spend with a non-standard tx?
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Nov 14 15:38:11 Nov 14 15:38:11 <SoCo_cpp_> so he is saying BCH has an issue that BTC always had before adding SegWit :P
<SoCo_cpp_> so he is saying BCH has an issue that BTC always had before adding SegWit :P
Nov 14 15:38:30 Nov 14 15:38:30 <SoCo_cpp_> anyone can spend is still anyone can spend .... pffs
<SoCo_cpp_> anyone can spend is still anyone can spend .... pffs
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Nov 14 16:37:21 Nov 14 16:37:21 <txter> Is Cash using SegWit? I just entered the game again after 4 years away and I'm still reading up on what's been happening
<txter> Is Cash using SegWit? I just entered the game again after 4 years away and I'm still reading up on what's been happening
Nov 14 16:46:56 Nov 14 16:46:56 <bendricklamar> No it isn't
<bendricklamar> No it isn't
Nov 14 16:47:58 Nov 14 16:47:58 <bendricklamar> Cash's differences are 8MB blocks instead of 1MB, no segwit, and a few differences with the difficulty algo
<bendricklamar> Cash's differences are 8MB blocks instead of 1MB, no segwit, and a few differences with the difficulty algo
Nov 14 16:53:48 Nov 14 16:53:48 <txter> Ok thanks
<txter> Ok thanks
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Nov 14 18:51:32 Nov 14 18:51:32 <wxss> when is the next pump?
<wxss> when is the next pump?
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Nov 14 18:54:27 Nov 14 18:54:27 <dw1> looking at the chart if it breaks upwards it seems imminent
<dw1> looking at the chart if it breaks upwards it seems imminent
Nov 14 18:55:37 Nov 14 18:55:37 <dw1> #consolidationperiod
<dw1> #consolidationperiod
Nov 14 19:33:48 Nov 14 19:33:48 <blarney> btc to 7k. bch to 700. how much u wanna bet
<blarney> btc to 7k. bch to 700. how much u wanna bet
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Nov 15 01:19:47 Nov 15 01:19:47 <dw1> BCH more profitable to mine again :o
<dw1> BCH more profitable to mine again :o
Nov 15 01:20:35 Nov 15 01:20:35 <dw1> game on
<dw1> game on
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Nov 15 01:52:20 Nov 15 01:52:20 <dw1> https://techcentral.co.za/bitcoin-transaction-fees-show-limits/78169/
<dw1> https://techcentral.co.za/bitcoin-transaction-fees-show-limits/78169/
Nov 15 01:57:47 <dw1> source https://www.bloomberg.com/view/articles/2017-11-14/bitcoin-s-high-transaction-fees-show-its-limits
Nov 15 01:57:47 <dw1> source https://www.bloomberg.com/view/articles/2017-11-14/bitcoin-s-high-transaction-fees-show-its-limits
Nov 15 03:26:33 Nov 15 03:26:33 <dw1> BCH 1.28X profitable. woop
<dw1> BCH 1.28X profitable. woop
Nov 15 03:27:09 Nov 15 03:27:09 <dw1> guess BTC fees are coming down
<dw1> guess BTC fees are coming down
Nov 15 03:27:20 <dw1> in a way the high fees will make it harder to defeat lol
Nov 15 03:27:20 <dw1> in a way the high fees will make it harder to defeat lol
Nov 15 03:28:42 Nov 15 03:28:42 <dw1> 1.38X
<dw1> 1.38X
Nov 15 03:30:01 Nov 15 03:30:01 <dw1> tfw noticed the trend reversal at 310 but didnt buy til 2500
<dw1> tfw noticed the trend reversal at 310 but didnt buy til 2500
Nov 15 03:30:07 <dw1> #hodluntil4000
Nov 15 03:30:07 <dw1> #hodluntil4000
Nov 15 03:30:24 Nov 15 03:30:24 <dw1> i suck at investing
<dw1> i suck at investing
Nov 15 03:30:35 Nov 15 03:30:35 <dw1> i remember when BTC was like $6 :/
<dw1> i remember when BTC was like $6 :/
Nov 15 03:31:02 <blarney> how many people suicided over lost bitcoin
Nov 15 03:31:02 <blarney> how many people suicided over lost bitcoin
Nov 15 03:31:04 Nov 15 03:31:04 <blarney> heehee
<blarney> heehee
Nov 15 03:31:44 Nov 15 03:31:44 <blarney> there was an interview of someone who lost millions and everyone in the comments was calling him stupid
<blarney> there was an interview of someone who lost millions and everyone in the comments was calling him stupid
Nov 15 03:32:07 Nov 15 03:32:07 <blarney> as if they would have been really carreful
<blarney> as if they would have been really carreful
Nov 15 03:33:47 Nov 15 03:33:47 <blarney> oh i think he threw it away years ago.
<blarney> oh i think he threw it away years ago.
Nov 15 03:34:06 Nov 15 03:34:06 <blarney> and now hes all depressed
<blarney> and now hes all depressed
Nov 15 03:43:33 Nov 15 03:43:33 <dw1> haha
<dw1> haha
Nov 15 03:43:50 Nov 15 03:43:50 <dw1> i get depressed when i think about having like $5k/mo disposable income when btc was $6
<dw1> i get depressed when i think about having like $5k/mo disposable income when btc was $6
Nov 15 03:43:53 <dw1> and now im poor
Nov 15 03:43:53 <dw1> and now im poor
Nov 15 03:44:12 Nov 15 03:44:12 <dw1> but it's just money.. more opportunities out there
<dw1> but it's just money.. more opportunities out there
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Nov 15 04:00:40 Nov 15 04:00:40 <blarney> then 5 years from now people might say "wish i had bought a ton at 6k"
<blarney> then 5 years from now people might say "wish i had bought a ton at 6k"
Nov 15 04:00:55 Nov 15 04:00:55 <blarney> 7k
<blarney> 7k
Nov 15 04:01:39 Nov 15 04:01:39 <dw1> haha yea
<dw1> haha yea
Nov 15 04:01:52 Nov 15 04:01:52 <dw1> well if they ever get off 1MB so it doesn't choke to death with $100 fees :P
<dw1> well if they ever get off 1MB so it doesn't choke to death with $100 fees :P
Nov 15 04:02:16 Nov 15 04:02:16 <dw1> need more capacity to handle bigger market cap
<dw1> need more capacity to handle bigger market cap
Nov 15 04:02:48 <dw1> https://twitter.com/drwasho/status/930170421319688192
Nov 15 04:02:48 <dw1> https://twitter.com/drwasho/status/930170421319688192
Nov 15 04:03:05 Nov 15 04:03:05 <dw1> but core just wants to choke it ¯\_(ツ)_/¯
<dw1> but core just wants to choke it ¯\_(ツ)_/¯
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Nov 15 04:20:31 Nov 15 04:20:31 <sturles> Yeah. BCH has a much higher market cap, because cetranlized governance and frequent hard forks with no real development is what the market wants.
<sturles> Yeah. BCH has a much higher market cap, because cetranlized governance and frequent hard forks with no real development is what the market wants.
Nov 15 04:20:47 Nov 15 04:20:47 <sturles> No, wait. It isn't higher.
<sturles> No, wait. It isn't higher.
Nov 15 04:20:50 Nov 15 04:20:50 <sturles> Wonder why..
<sturles> Wonder why..
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Nov 15 04:28:36 <dw1> time
Nov 15 04:28:36 <dw1> time
Nov 15 04:28:39 Nov 15 04:28:39 <dw1> necessity
<dw1> necessity
Nov 15 04:28:45 Nov 15 04:28:45 <dw1> bitcoin wasn't at capacity before
<dw1> bitcoin wasn't at capacity before
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Nov 15 06:16:21 Nov 15 06:16:21 <dw1> ah BTC is down to 17MB mempool
<dw1> ah BTC is down to 17MB mempool
Nov 15 06:16:26 Nov 15 06:16:26 <dw1> goodjob
<dw1> goodjob
Nov 15 06:18:38 Nov 15 06:18:38 <dw1> BCH a fraction of a MB as usual https://jochen-hoenicke.de/queue/uahf/#24h
<dw1> BCH a fraction of a MB as usual https://jochen-hoenicke.de/queue/uahf/#24h
Nov 15 06:19:32 Nov 15 06:19:32 <dw1> actually that site says BTC 100MB still. weird
<dw1> actually that site says BTC 100MB still. weird
Nov 15 06:20:14 Nov 15 06:20:14 <dw1> is it right or is https://tradeblock.com/bitcoin/ ¯\_(ツ)_/¯
<dw1> is it right or is https://tradeblock.com/bitcoin/ ¯\_(ツ)_/¯
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Nov 15 06:25:00 Nov 15 06:25:00 <Shigufurido> whats mempool?
<Shigufurido> whats mempool?
Nov 15 06:25:24 Nov 15 06:25:24 <dw1> unconfirmed transactions
<dw1> unconfirmed transactions
Nov 15 06:25:38 Nov 15 06:25:38 <dw1> BTC is backlogged 100MB apparently
<dw1> BTC is backlogged 100MB apparently
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Nov 15 06:26:12 <dw1> so if no new transactions were made, and a 10 min blocktime...
Nov 15 06:26:12 <dw1> so if no new transactions were made, and a 10 min blocktime...
Nov 15 06:26:31 <Shigufurido> thats why the transactions fees in BTC are 20$?
Nov 15 06:26:31 <Shigufurido> thats why the transactions fees in BTC are 20$?
Nov 15 06:26:36 Nov 15 06:26:36 <dw1> 6MB/hr = 17 hrs
<dw1> 6MB/hr = 17 hrs
Nov 15 06:26:37 Nov 15 06:26:37 <dw1> yeah
<dw1> yeah
Nov 15 06:26:45 Nov 15 06:26:45 <dw1> people pay higher fees to get in before the lower fees
<dw1> people pay higher fees to get in before the lower fees
Nov 15 06:27:08 Nov 15 06:27:08 <wxss> dw: BTC mempool can be different per node due to restarts and settings. Johoe has approx. The size in MB is not really telling, because about half is 0-5 sat/byte tx (spam). I usually look at how many BTC in fees is in the mempool to get a better idea.
<wxss> dw: BTC mempool can be different per node due to restarts and settings. Johoe has approx. The size in MB is not really telling, because about half is 0-5 sat/byte tx (spam). I usually look at how many BTC in fees is in the mempool to get a better idea.
Nov 15 06:27:29 Nov 15 06:27:29 <wxss> *Johoe has approx. 100 MB right now
<wxss> *Johoe has approx. 100 MB right now
Nov 15 06:28:17 Nov 15 06:28:17 <Shigufurido> on that tradeblock site how can a block be to an unknown miner?
<Shigufurido> on that tradeblock site how can a block be to an unknown miner?
Nov 15 06:28:37 <dw1> i guess they don't have to identify themselves
Nov 15 06:28:37 <dw1> i guess they don't have to identify themselves
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Nov 15 06:30:13 Nov 15 06:30:13 <dw1> you can still start a transaction with a lower fee than $20 Shigufurido
<dw1> you can still start a transaction with a lower fee than $20 Shigufurido
Nov 15 06:30:18 Nov 15 06:30:18 <dw1> depends on your wallet
<dw1> depends on your wallet
Nov 15 06:30:27 <dw1> might take longer to confirm though
Nov 15 06:30:27 <dw1> might take longer to confirm though
Nov 15 06:30:53 Nov 15 06:30:53 <dw1> senders can pick whatever fee they like
<dw1> senders can pick whatever fee they like
Nov 15 06:31:22 Nov 15 06:31:22 <Shigufurido> too bad i never cared about how btc works :(
<Shigufurido> too bad i never cared about how btc works :(
Nov 15 06:31:29 Nov 15 06:31:29 <dw1> lol
<dw1> lol
Nov 15 06:31:51 Nov 15 06:31:51 <Shigufurido> it can also get rejected if too low fee is set?
<Shigufurido> it can also get rejected if too low fee is set?
Nov 15 06:32:01 Nov 15 06:32:01 <dw1> it may fail to confirm and be returned in a few days yeah
<dw1> it may fail to confirm and be returned in a few days yeah
Nov 15 06:32:23 * scar45|znc is now known as scar45
Nov 15 06:32:23 * scar45|znc is now known as scar45
Nov 15 06:33:38 Nov 15 06:33:38 <dw1> "Most clients will remove it from their pool of unconfirmed transactions at some point. When most clients have removed it, you can go ahead and send the transaction again, this time with a higher fee. There's not a precise time when the transaction will disappear from the network, it could be days or up to a week."
<dw1> "Most clients will remove it from their pool of unconfirmed transactions at some point. When most clients have removed it, you can go ahead and send the transaction again, this time with a higher fee. There's not a precise time when the transaction will disappear from the network, it could be days or up to a week."
Nov 15 06:33:50 <dw1> or alternately you can try sending it with a higher fee with another wallet
Nov 15 06:33:50 <dw1> or alternately you can try sending it with a higher fee with another wallet
Nov 15 06:33:59 Nov 15 06:33:59 <dw1> to make the first transaction invalid
<dw1> to make the first transaction invalid
Nov 15 06:34:16 Nov 15 06:34:16 <dw1> or some wallets might support resending
<dw1> or some wallets might support resending
Nov 15 06:34:25 Nov 15 06:34:25 <Shigufurido> wallet = address? or is that like in ETH something more complex?
<Shigufurido> wallet = address? or is that like in ETH something more complex?
Nov 15 06:34:44 Nov 15 06:34:44 <dw1> i refer to a wallet as software that keeps track of private keys
<dw1> i refer to a wallet as software that keeps track of private keys
Nov 15 06:35:02 Nov 15 06:35:02 <Shigufurido> ok
<Shigufurido> ok
Nov 15 06:35:02 Nov 15 06:35:02 <dw1> and lets you send and receive stuff
<dw1> and lets you send and receive stuff
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Nov 15 07:05:35 <booyah> floppening starts
Nov 15 07:05:35 <booyah> floppening starts
Nov 15 07:05:43 <booyah> Bitcoin >7100, bcash falling < 0.18
Nov 15 07:05:43 <booyah> Bitcoin >7100, bcash falling < 0.18
Nov 15 07:11:36 Nov 15 07:11:36 <wxss> prepare for some competition from Bcash Plus: http://www.bitcoincashplus.org/
<wxss> prepare for some competition from Bcash Plus: http://www.bitcoincashplus.org/
Nov 15 07:12:07 Nov 15 07:12:07 <dw1> bcash just took 24% hashpower again
<dw1> bcash just took 24% hashpower again
Nov 15 07:12:12 Nov 15 07:12:12 <dw1> bewares
<dw1> bewares
Nov 15 07:12:51 Nov 15 07:12:51 <dw1> and is showing 1.5X profit
<dw1> and is showing 1.5X profit
Nov 15 07:13:06 Nov 15 07:13:06 <dw1> *popcorn*
<dw1> *popcorn*
Nov 15 07:14:14 <wxss> i'm all out of popcorn
Nov 15 07:14:14 <wxss> i'm all out of popcorn
Nov 15 07:16:15 * scar45 is now known as scar45|znc
Nov 15 07:16:15 * scar45 is now known as scar45|znc
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Nov 15 07:28:56 Nov 15 07:28:56 <Shigufurido> why would BCH need to be high vs. dollar? its ment to "cash" not some speculation material for banksters?
<Shigufurido> why would BCH need to be high vs. dollar? its ment to "cash" not some speculation material for banksters?
Nov 15 07:36:13 Nov 15 07:36:13 <dw1> no need per se, but it helps gain miners and users i guess
<dw1> no need per se, but it helps gain miners and users i guess
Nov 15 07:36:57 <dw1> my idea is a cryptocurrency with value based on a combination of world currencies, so hurting one currency hurts everyone
Nov 15 07:36:57 <dw1> my idea is a cryptocurrency with value based on a combination of world currencies, so hurting one currency hurts everyone
Nov 15 07:37:00 Nov 15 07:37:00 <dw1> end of economic terrorism?
<dw1> end of economic terrorism?
Nov 15 07:43:51 Nov 15 07:43:51 <booyah> dw1: so any country printing this shit up can inflate such currency? ;)
<booyah> dw1: so any country printing this shit up can inflate such currency? ;)
Nov 15 07:45:03 Nov 15 07:45:03 <Shigufurido> i think linking cryptocoins to state-currencies is against the idea?
<Shigufurido> i think linking cryptocoins to state-currencies is against the idea?
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Nov 15 08:04:07 Nov 15 08:04:07 <dw1> more consideration may be needed. :P
<dw1> more consideration may be needed. :P
Nov 15 08:04:17 <dw1> BCH miners at 28.85%
Nov 15 08:04:17 <dw1> BCH miners at 28.85%
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Nov 15 08:12:37 <BamesJond> any of you made tx with btg?
Nov 15 08:12:37 <BamesJond> any of you made tx with btg?
Nov 15 08:38:59 Nov 15 08:38:59 <dw1> no
<dw1> no
Nov 15 08:39:03 * dw1 waits for BCH breakout
Nov 15 08:39:03 * dw1 waits for BCH breakout
Nov 15 08:39:09 <dw1> long consolodation period
Nov 15 08:39:09 <dw1> long consolodation period
Nov 15 08:39:21 Nov 15 08:39:21 <dw1> consolidation*
<dw1> consolidation*
Nov 15 08:52:38 <booyah> dogecoin has really long consolidation ;)
Nov 15 08:52:38 <booyah> dogecoin has really long consolidation ;)
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Nov 15 09:55:20 <enamon> Anyonw have any details on BitMex's announcements?
Nov 15 09:55:20 <enamon> Anyonw have any details on BitMex's announcements?
Nov 15 10:02:23 Nov 15 10:02:23 <enamon> BitMex stated: "Users will not receive Bitcoin Cash, rather BitMEX will sell all users’ Bitcoin Cash, and credit their wallet with the Bitcoin proceeds."
<enamon> BitMex stated: "Users will not receive Bitcoin Cash, rather BitMEX will sell all users’ Bitcoin Cash, and credit their wallet with the Bitcoin proceeds."
Nov 15 10:02:58 Nov 15 10:02:58 <enamon> But there's no mention of when this will happen aside from "On or before 31 December 2017"
<enamon> But there's no mention of when this will happen aside from "On or before 31 December 2017"
Nov 15 10:16:13 * scar45|znc is now known as scar45
Nov 15 10:16:13 * scar45|znc is now known as scar45
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Nov 15 10:55:24 <pigeons> lol can't wait to see bch users complain about bch+ having a confusing name
Nov 15 10:55:24 <pigeons> lol can't wait to see bch users complain about bch+ having a confusing name
Nov 15 11:19:32 Nov 15 11:19:32 <hinv> what?
<hinv> what?
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Nov 15 11:22:23 * blarney is now known as Guest21184
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Nov 15 11:29:05 Nov 15 11:29:05 <phoenixcanary> https://blog.bitmex.com/bitcoin-cash-futures-now-live/
<phoenixcanary> https://blog.bitmex.com/bitcoin-cash-futures-now-live/
Nov 15 11:29:12 Nov 15 11:29:12 <phoenixcanary> Why you should always have your Pvt keys
<phoenixcanary> Why you should always have your Pvt keys
Nov 15 11:29:33 Nov 15 11:29:33 <enamon> It's great
<enamon> It's great
Nov 15 11:29:40 <phoenixcanary> Tl dr : bitmex will sell bcash and credit users with the proceeding bitcoin
Nov 15 11:29:40 <phoenixcanary> Tl dr : bitmex will sell bcash and credit users with the proceeding bitcoin
Nov 15 11:30:21 Nov 15 11:30:21 <cberg> where will they sell them?
<cberg> where will they sell them?
Nov 15 11:30:26 <enamon> "We're introducting BCH futures that expire in about a week! Btw, we're selling off all your BCH for BTC which will surely depress the value of the futures. But we already sold them to you! Good luck!"
Nov 15 11:30:26 <enamon> "We're introducting BCH futures that expire in about a week! Btw, we're selling off all your BCH for BTC which will surely depress the value of the futures. But we already sold them to you! Good luck!"
Nov 15 11:30:45 <enamon> I'm guessing they're selling them right now
Nov 15 11:30:45 <enamon> I'm guessing they're selling them right now
Nov 15 11:30:55 Nov 15 11:30:55 <enamon> Hence the BCH downturn and BTC upturn
<enamon> Hence the BCH downturn and BTC upturn
Nov 15 11:30:55 Nov 15 11:30:55 <phoenixcanary> Idk, but they will profit from it
<phoenixcanary> Idk, but they will profit from it
Nov 15 11:30:57 Nov 15 11:30:57 <phoenixcanary> But
<phoenixcanary> But
Nov 15 11:31:01 <phoenixcanary> What's more important
Nov 15 11:31:01 <phoenixcanary> What's more important
Nov 15 11:31:06 Nov 15 11:31:06 <wxss> why is Bitcoin Cash Plus forked from BTC instead of BCH?
<wxss> why is Bitcoin Cash Plus forked from BTC instead of BCH?
Nov 15 11:31:07 <phoenixcanary> Is that a user is not in control
Nov 15 11:31:07 <phoenixcanary> Is that a user is not in control
Nov 15 11:31:18 Nov 15 11:31:18 <enamon> What's Bitcoin Cash Plus?
<enamon> What's Bitcoin Cash Plus?
Nov 15 11:31:27 Nov 15 11:31:27 <phoenixcanary> Assuming a bch fork
<phoenixcanary> Assuming a bch fork
Nov 15 11:31:31 Nov 15 11:31:31 <phoenixcanary> With maybe improvements
<phoenixcanary> With maybe improvements
Nov 15 11:31:33 <wxss> it's the real Bitcoin Cash with the original EDA
Nov 15 11:31:33 <wxss> it's the real Bitcoin Cash with the original EDA
Nov 15 11:31:40 Nov 15 11:31:40 <cberg> Plus is always better
<cberg> Plus is always better
Nov 15 11:31:45 Nov 15 11:31:45 <phoenixcanary> :D
<phoenixcanary> :D
Nov 15 11:32:01 Nov 15 11:32:01 <phoenixcanary> C < C++
<phoenixcanary> C < C++
Nov 15 11:34:07 Nov 15 11:34:07 <wxss> the new DAA is to Bitcoin Cash like Segwit is to Bitcoin
<wxss> the new DAA is to Bitcoin Cash like Segwit is to Bitcoin
Nov 15 11:34:23 Nov 15 11:34:23 <enamon> Ah, Bitcoin Cash Plus is a bullshit scam.
<enamon> Ah, Bitcoin Cash Plus is a bullshit scam.
Nov 15 11:34:28 Nov 15 11:34:28 <wxss> we need to stay close to Satoshi's Vision
<wxss> we need to stay close to Satoshi's Vision
Nov 15 11:34:31 <enamon> Their domain was registered three days ago
Nov 15 11:34:31 <enamon> Their domain was registered three days ago
Nov 15 11:34:39 Nov 15 11:34:39 <enamon> All their links are to seprate projects
<enamon> All their links are to seprate projects
Nov 15 11:34:40 Nov 15 11:34:40 <wxss> it's their right to fork
<wxss> it's their right to fork
Nov 15 11:35:06 Nov 15 11:35:06 <cberg> DAA is not the bcash I signed up for
<cberg> DAA is not the bcash I signed up for
Nov 15 11:35:13 Nov 15 11:35:13 <enamon> Anyone can fork. But to fork you actually need code
<enamon> Anyone can fork. But to fork you actually need code
Nov 15 11:35:33 Nov 15 11:35:33 <enamon> Bitcoin Cash Plus is such a scam there's no GitHub yet. I bet it's the same guys behind Bitcoin Gold
<enamon> Bitcoin Cash Plus is such a scam there's no GitHub yet. I bet it's the same guys behind Bitcoin Gold
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Nov 15 11:38:31 Nov 15 11:38:31 <wxss> plus their stealing the Bitcoin Cash brand name
<wxss> plus their stealing the Bitcoin Cash brand name
Nov 15 11:38:40 Nov 15 11:38:40 <wxss> s/their/they are/
<wxss> s/their/they are/
Nov 15 11:38:56 Nov 15 11:38:56 <cberg> bcash plus is the real bcash
<cberg> bcash plus is the real bcash
Nov 15 11:41:12 Nov 15 11:41:12 <wxss> they are both very close to Satoshi's Vision, but also think Bitcoin Cash Plus is a little closer
<wxss> they are both very close to Satoshi's Vision, but also think Bitcoin Cash Plus is a little closer
Nov 15 11:42:08 Nov 15 11:42:08 <enamon> How so? In the sense there's no github repo?
<enamon> How so? In the sense there's no github repo?
Nov 15 11:42:59 Nov 15 11:42:59 <wxss> there is not Github because it has only been announced yet. It will be launched in 6 weeks approx. Satoshi didn't have a Github repo in the beginning either BTW
<wxss> there is not Github because it has only been announced yet. It will be launched in 6 weeks approx. Satoshi didn't have a Github repo in the beginning either BTW
Nov 15 11:43:37 <cberg> they're really staying true to satoshi's vision in every way
Nov 15 11:43:37 <cberg> they're really staying true to satoshi's vision in every way
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Nov 15 12:53:55 Nov 15 12:53:55 <cberg> is the vision behind bcash that every single payment in the world should eventually be on the bcash blockchain?
<cberg> is the vision behind bcash that every single payment in the world should eventually be on the bcash blockchain?
Nov 15 12:55:24 Nov 15 12:55:24 <phoenixcanary> More forks the better
<phoenixcanary> More forks the better
Nov 15 12:55:30 <phoenixcanary> Decentralise crypto too
Nov 15 12:55:30 <phoenixcanary> Decentralise crypto too
Nov 15 12:55:43 Nov 15 12:55:43 <phoenixcanary> The whole "my evangelical x coin is the one true coin" is bs
<phoenixcanary> The whole "my evangelical x coin is the one true coin" is bs
Nov 15 12:55:53 <phoenixcanary> Eth, monero, btc, bcash
Nov 15 12:55:53 <phoenixcanary> Eth, monero, btc, bcash
Nov 15 12:55:56 Nov 15 12:55:56 <phoenixcanary> Keep em coming
<phoenixcanary> Keep em coming
Nov 15 12:56:12 Nov 15 12:56:12 <cberg> wouldn't that be extremely confusing
<cberg> wouldn't that be extremely confusing
Nov 15 12:56:39 Nov 15 12:56:39 <phoenixcanary> Perhaps bcash shouldn't be named Bitcoin C either that way
<phoenixcanary> Perhaps bcash shouldn't be named Bitcoin C either that way
Nov 15 12:56:51 <cberg> no I mean having so many different currencies
Nov 15 12:56:51 <cberg> no I mean having so many different currencies
Nov 15 12:56:52 Nov 15 12:56:52 <phoenixcanary> But honestly, no
<phoenixcanary> But honestly, no
Nov 15 12:56:56 Nov 15 12:56:56 <phoenixcanary> No?
<phoenixcanary> No?
Nov 15 12:57:07 Nov 15 12:57:07 <cberg> taken to its extreme, it would mean everyone should make their own currency?
<cberg> taken to its extreme, it would mean everyone should make their own currency?
Nov 15 12:57:07 <phoenixcanary> There's already 140+ currencies in the world
Nov 15 12:57:07 <phoenixcanary> There's already 140+ currencies in the world
Nov 15 12:57:23 Nov 15 12:57:23 <cberg> that's different, only one is usually used within a large region
<cberg> that's different, only one is usually used within a large region
Nov 15 12:57:24 Nov 15 12:57:24 <phoenixcanary> No, but enough that no one group controls the fate of another
<phoenixcanary> No, but enough that no one group controls the fate of another
Nov 15 12:57:33 Nov 15 12:57:33 <cberg> who decides what is enough?
<cberg> who decides what is enough?
Nov 15 12:57:38 Nov 15 12:57:38 <phoenixcanary> No one
<phoenixcanary> No one
Nov 15 12:57:41 <cberg> I see
Nov 15 12:57:41 <cberg> I see
Nov 15 12:57:47 Nov 15 12:57:47 <phoenixcanary> Your question assumes centrality
<phoenixcanary> Your question assumes centrality
Nov 15 12:57:50 Nov 15 12:57:50 <phoenixcanary> That someone has to
<phoenixcanary> That someone has to
Nov 15 12:57:50 Nov 15 12:57:50 <cberg> so everyone should make their own currency
<cberg> so everyone should make their own currency
Nov 15 12:57:55 Nov 15 12:57:55 <cberg> because that would be fully decentralized
<cberg> because that would be fully decentralized
Nov 15 12:58:21 Nov 15 12:58:21 <phoenixcanary> Ideally the crypto should be something like equihash based
<phoenixcanary> Ideally the crypto should be something like equihash based
Nov 15 12:58:25 Nov 15 12:58:25 <phoenixcanary> So everyone can be a miner
<phoenixcanary> So everyone can be a miner
Nov 15 12:58:39 <phoenixcanary> But it seems even that isn't enough
Nov 15 12:58:39 <phoenixcanary> But it seems even that isn't enough
Nov 15 12:59:11 <phoenixcanary> Since I can't run an ethereum miner and make profits on my current rig for a very long time.
Nov 15 12:59:11 <phoenixcanary> Since I can't run an ethereum miner and make profits on my current rig for a very long time.
Nov 15 12:59:40 Nov 15 12:59:40 <cberg> everyone being a miner and everyone making their own currency are two different things
<cberg> everyone being a miner and everyone making their own currency are two different things
Nov 15 12:59:44 Nov 15 12:59:44 <phoenixcanary> But it should tend towards the decentralised direction rather than centralised
<phoenixcanary> But it should tend towards the decentralised direction rather than centralised
Nov 15 13:00:02 Nov 15 13:00:02 <phoenixcanary> Is my point
<phoenixcanary> Is my point
Nov 15 13:00:22 Nov 15 13:00:22 <phoenixcanary> i.e even if there are 10 currencies, it's better than 1
<phoenixcanary> i.e even if there are 10 currencies, it's better than 1
Nov 15 13:00:26 Nov 15 13:00:26 <phoenixcanary> Doesn't have to be 7 billion
<phoenixcanary> Doesn't have to be 7 billion
Nov 15 13:00:29 Nov 15 13:00:29 <cberg> and my point is that the inflation of different cryptocurrencies is diluting their value proposition, and it's confusing af
<cberg> and my point is that the inflation of different cryptocurrencies is diluting their value proposition, and it's confusing af
Nov 15 13:00:39 <cberg> taking to its extreme, everyone would have their own currency in the end
Nov 15 13:00:39 <cberg> taking to its extreme, everyone would have their own currency in the end
Nov 15 13:00:44 Nov 15 13:00:44 <cberg> clearly this can't work
<cberg> clearly this can't work
Nov 15 13:00:47 Nov 15 13:00:47 <phoenixcanary> Doesn't make sense at all
<phoenixcanary> Doesn't make sense at all
Nov 15 13:01:13 Nov 15 13:01:13 <phoenixcanary> Your solution is that a coin that uses a name of the first coin, Bitcoin and adds cash should be the only 1 true coin?
<phoenixcanary> Your solution is that a coin that uses a name of the first coin, Bitcoin and adds cash should be the only 1 true coin?
Nov 15 13:01:15 Nov 15 13:01:15 <cberg> so after we have 10 altcoins nobody is allowed to make a new one?
<cberg> so after we have 10 altcoins nobody is allowed to make a new one?
Nov 15 13:01:25 Nov 15 13:01:25 <cberg> os that what you propose?
<cberg> os that what you propose?
Nov 15 13:01:26 Nov 15 13:01:26 <phoenixcanary> What do you mean ?
<phoenixcanary> What do you mean ?
Nov 15 13:01:31 Nov 15 13:01:31 <phoenixcanary> Re read
<phoenixcanary> Re read
Nov 15 13:01:35 <phoenixcanary> What I said
Nov 15 13:01:35 <phoenixcanary> What I said
Nov 15 13:01:45 <phoenixcanary> 10 is better than 1, not 10 is maximum limit
Nov 15 13:01:45 <phoenixcanary> 10 is better than 1, not 10 is maximum limit
Nov 15 13:01:49 Nov 15 13:01:49 <cberg> I don't need to re read anything you said
<cberg> I don't need to re read anything you said
Nov 15 13:01:53 <phoenixcanary> Then don't
Nov 15 13:01:53 <phoenixcanary> Then don't
Nov 15 13:01:54 Nov 15 13:01:54 <phoenixcanary> Lol
<phoenixcanary> Lol
Nov 15 13:01:55 Nov 15 13:01:55 <cberg> but 100 is better than 10
<cberg> but 100 is better than 10
Nov 15 13:01:58 Nov 15 13:01:58 <phoenixcanary> Sure
<phoenixcanary> Sure
Nov 15 13:02:00 <cberg> and 1000 is better than 100
Nov 15 13:02:00 <cberg> and 1000 is better than 100
Nov 15 13:02:05 Nov 15 13:02:05 <phoenixcanary> So whatever is the realistic possible number
<phoenixcanary> So whatever is the realistic possible number
Nov 15 13:02:06 Nov 15 13:02:06 <cberg> and 100000000 is even betterer
<cberg> and 100000000 is even betterer
Nov 15 13:02:13 Nov 15 13:02:13 <phoenixcanary> We already have over 100 coins btw
<phoenixcanary> We already have over 100 coins btw
Nov 15 13:02:19 <cberg> nobody uses them
Nov 15 13:02:19 <cberg> nobody uses them
Nov 15 13:02:21 Nov 15 13:02:21 <phoenixcanary> In case you didn't know
<phoenixcanary> In case you didn't know
Nov 15 13:02:26 Nov 15 13:02:26 <phoenixcanary> People use them
<phoenixcanary> People use them
Nov 15 13:02:26 <cberg> in case you didn't know
Nov 15 13:02:26 <cberg> in case you didn't know
Nov 15 13:02:30 <cberg> no
Nov 15 13:02:30 <cberg> no
Nov 15 13:02:30 <phoenixcanary> Nobody uses bcash
Nov 15 13:02:30 <phoenixcanary> Nobody uses bcash
Nov 15 13:02:31 Nov 15 13:02:31 <cberg> nobody uses them
<cberg> nobody uses them
Nov 15 13:02:41 Nov 15 13:02:41 <phoenixcanary> People only use btc and to some extent eth
<phoenixcanary> People only use btc and to some extent eth
Nov 15 13:02:46 Nov 15 13:02:46 <phoenixcanary> That's the reality
<phoenixcanary> That's the reality
Nov 15 13:02:54 Nov 15 13:02:54 <cberg> which would support what I'm saying
<cberg> which would support what I'm saying
Nov 15 13:03:04 Nov 15 13:03:04 <phoenixcanary> But isn't ideal imo
<phoenixcanary> But isn't ideal imo
Nov 15 13:05:11 <cberg> the ideal is to have one single fully decentralized currency
Nov 15 13:05:11 <cberg> the ideal is to have one single fully decentralized currency
Nov 15 13:05:53 Nov 15 13:05:53 <phoenixcanary> Hmm
<phoenixcanary> Hmm
Nov 15 13:06:07 Nov 15 13:06:07 <phoenixcanary> But I don't see any of the existing ones as really decentralised. So it's a problem.
<phoenixcanary> But I don't see any of the existing ones as really decentralised. So it's a problem.
Nov 15 13:06:42 Nov 15 13:06:42 <cberg> having more of them doesn't improve the situation
<cberg> having more of them doesn't improve the situation
Nov 15 13:06:49 <phoenixcanary> Agreed
Nov 15 13:06:49 <phoenixcanary> Agreed
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Nov 15 13:14:48 <Shigufurido> the problem is that people want to use the coins to make money
Nov 15 13:14:48 <Shigufurido> the problem is that people want to use the coins to make money
Nov 15 13:16:17 Nov 15 13:16:17 <Shigufurido> "im mining X because it might be worth 7000$ one day"
<Shigufurido> "im mining X because it might be worth 7000$ one day"
Nov 15 13:43:33 <go1111111> anyone know how to import a raw private key, or a bitcoin core wallet into the bitcoin.com wallet? none of the tutorials i'm finding handle this case
Nov 15 13:43:33 <go1111111> anyone know how to import a raw private key, or a bitcoin core wallet into the bitcoin.com wallet? none of the tutorials i'm finding handle this case
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Nov 15 14:20:37 Nov 15 14:20:37 <dw1> https://www.bitcoin.com/info/bitcoin-cash-is-bitcoin
<dw1> https://www.bitcoin.com/info/bitcoin-cash-is-bitcoin
Nov 15 14:20:47 Nov 15 14:20:47 <dw1> hmm
<dw1> hmm
Nov 15 14:24:46 Nov 15 14:24:46 <cberg> hmm indeed
<cberg> hmm indeed
Nov 15 14:25:09 <dw1> "Storing bitcoins in ANYONE_CAN_SPEND addresses relies on a fundamentally different security model than Bitcoin was designed with, and introduces the need for trust in what is meant to be a trustless system."
Nov 15 14:25:09 <dw1> "Storing bitcoins in ANYONE_CAN_SPEND addresses relies on a fundamentally different security model than Bitcoin was designed with, and introduces the need for trust in what is meant to be a trustless system."
Nov 15 14:29:34 Nov 15 14:29:34 <sturles> LOL
<sturles> LOL
Nov 15 14:51:00 <cberg> bullshitters gonna bullshit
Nov 15 14:51:00 <cberg> bullshitters gonna bullshit
Nov 15 14:54:53 Nov 15 14:54:53 <dw1> ad hominem fallacies do not an argument make
<dw1> ad hominem fallacies do not an argument make
Nov 15 14:55:16 Nov 15 14:55:16 <cberg> that doesn't make it any less bullshit
<cberg> that doesn't make it any less bullshit
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Nov 15 14:57:13 Nov 15 14:57:13 <dw1> wonder if i'll get banned in #bitcoin if i suggest they create a more competitive difficulty algorithm to guarantee a better user experience when miners move to the competition
<dw1> wonder if i'll get banned in #bitcoin if i suggest they create a more competitive difficulty algorithm to guarantee a better user experience when miners move to the competition
Nov 15 14:57:17 Nov 15 14:57:17 <dw1> probably.
<dw1> probably.
Nov 15 14:57:44 Nov 15 14:57:44 <dw1> all they want to do is deny BCH
<dw1> all they want to do is deny BCH
Nov 15 14:57:47 Nov 15 14:57:47 <dw1> amirite
<dw1> amirite
Nov 15 14:58:31 Nov 15 14:58:31 <dw1> $20B market cap.. don't think it's going away
<dw1> $20B market cap.. don't think it's going away
Nov 15 15:01:31 Nov 15 15:01:31 <dw1> is it because they're lazy or is there not enough consensus or what
<dw1> is it because they're lazy or is there not enough consensus or what
Nov 15 15:01:45 Nov 15 15:01:45 <dw1> are they too scared to fork
<dw1> are they too scared to fork
Nov 15 15:02:23 <dw1> are they pissed off that they're forced to act defensively
Nov 15 15:02:23 <dw1> are they pissed off that they're forced to act defensively
Nov 15 15:03:03 <dw1> is there any discussion about a new algorithm
Nov 15 15:03:03 <dw1> is there any discussion about a new algorithm
Nov 15 15:03:08 Nov 15 15:03:08 <cberg> stop trolling please
<cberg> stop trolling please
Nov 15 15:04:17 Nov 15 15:04:17 <dw1> such discussion should be encouraged for benefit of the users
<dw1> such discussion should be encouraged for benefit of the users
Nov 15 15:05:28 Nov 15 15:05:28 <dw1> there are a lot of people pissed off about the recent events and it's harming all crypto
<dw1> there are a lot of people pissed off about the recent events and it's harming all crypto
Nov 15 15:06:04 Nov 15 15:06:04 <cberg> yes bcash is harmful
<cberg> yes bcash is harmful
Nov 15 15:06:10 Nov 15 15:06:10 <dw1> it's not going away, accept it
<dw1> it's not going away, accept it
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Nov 15 15:06:20 <dw1> core needs to compete
Nov 15 15:06:20 <dw1> core needs to compete
Nov 15 15:06:25 Nov 15 15:06:25 <cberg> I like how you don't even deny it
<cberg> I like how you don't even deny it
Nov 15 15:07:10 Nov 15 15:07:10 <dw1> you should spend your energy convincing core to compete
<dw1> you should spend your energy convincing core to compete
Nov 15 15:07:35 Nov 15 15:07:35 <dw1> this is not helping
<dw1> this is not helping
Nov 15 15:07:41 <dw1> afk doing it
Nov 15 15:07:41 <dw1> afk doing it
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Nov 15 15:09:08 Nov 15 15:09:08 <cberg> https://twitter.com/Xentagz/status/930518112272777218
<cberg> https://twitter.com/Xentagz/status/930518112272777218
Nov 15 15:09:40 Nov 15 15:09:40 <cberg> and now you're annoyed that Bitcoin isn't acknowledging your fabricated drama
<cberg> and now you're annoyed that Bitcoin isn't acknowledging your fabricated drama
Nov 15 15:09:44 <cberg> sorry for your loss
Nov 15 15:09:44 <cberg> sorry for your loss
Nov 15 15:10:14 Nov 15 15:10:14 <dw1> $20B-$40B market cap is obviously legitimate competition
<dw1> $20B-$40B market cap is obviously legitimate competition
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Nov 15 15:10:31 Nov 15 15:10:31 <dw1> trash talking isn't going to solve core's problem
<dw1> trash talking isn't going to solve core's problem
Nov 15 15:12:52 <dw1> failing to act soon can only piss off more users and make them seek alternatives like BCH
Nov 15 15:12:52 <dw1> failing to act soon can only piss off more users and make them seek alternatives like BCH
Nov 15 15:13:54 <enamon> cberg: Bitcoin Cash isn't harmful. Blocking an actual blocksize increase on non-technical grounds and signing backroom deals to prevent miners from using competin code is harmful. Making it super easy to game BTC transaction fees is harmful.
Nov 15 15:13:54 <enamon> cberg: Bitcoin Cash isn't harmful. Blocking an actual blocksize increase on non-technical grounds and signing backroom deals to prevent miners from using competin code is harmful. Making it super easy to game BTC transaction fees is harmful.
Nov 15 15:14:23 Nov 15 15:14:23 <cberg> but none of this is happening, so I guess we're good
<cberg> but none of this is happening, so I guess we're good
Nov 15 15:14:35 Nov 15 15:14:35 <enamon> A BTC miner can now create a bunch of transactions to itself with a high fee and only include them on blocks it mines. Since blocks are full anyway, this games the transaction fee algo.
<enamon> A BTC miner can now create a bunch of transactions to itself with a high fee and only include them on blocks it mines. Since blocks are full anyway, this games the transaction fee algo.
Nov 15 15:15:05 <cberg> miners can always do that, what's the point
Nov 15 15:15:05 <cberg> miners can always do that, what's the point
Nov 15 15:15:31 Nov 15 15:15:31 <enamon> Miners can only do this if the mempool is backed up and blocks are full
<enamon> Miners can only do this if the mempool is backed up and blocks are full
Nov 15 15:15:36 Nov 15 15:15:36 <cberg> no
<cberg> no
Nov 15 15:15:44 Nov 15 15:15:44 <cberg> why would that be necessary to do this?
<cberg> why would that be necessary to do this?
Nov 15 15:15:58 <cberg> miners can fill any block with fake transactions to themselves
Nov 15 15:15:58 <cberg> miners can fill any block with fake transactions to themselves
Nov 15 15:16:12 Nov 15 15:16:12 <cberg> make up more bullshit please
<cberg> make up more bullshit please
Nov 15 15:16:33 Nov 15 15:16:33 <enamon> Yes but they won't be mining consecutive blocks. So if a miner does this on BCH, their block will go through but the next block has plenty of space so the fees wont go up
<enamon> Yes but they won't be mining consecutive blocks. So if a miner does this on BCH, their block will go through but the next block has plenty of space so the fees wont go up
Nov 15 15:16:37 Nov 15 15:16:37 <enamon> It's been tried on BCH
<enamon> It's been tried on BCH
Nov 15 15:16:44 Nov 15 15:16:44 <enamon> It failed. Backlog was cleared in one block.
<enamon> It failed. Backlog was cleared in one block.
Nov 15 15:17:23 <enamon> You get rising fees and a backlog anyway
Nov 15 15:17:23 <enamon> You get rising fees and a backlog anyway
Nov 15 15:17:28 Nov 15 15:17:28 <enamon> With BTC, I mean
<enamon> With BTC, I mean
Nov 15 15:17:57 Nov 15 15:17:57 <enamon> The attack is just icing. But the backlog happens simply because BTC is too congested. SegWit2X fell through so there's nothing to do but sit and wait and hope for mass SegWit adoption.
<enamon> The attack is just icing. But the backlog happens simply because BTC is too congested. SegWit2X fell through so there's nothing to do but sit and wait and hope for mass SegWit adoption.
Nov 15 15:18:18 Nov 15 15:18:18 <enamon> Remind me, does BTC 0.15.1 finally send SegWit transaction change to a SegWit address?
<enamon> Remind me, does BTC 0.15.1 finally send SegWit transaction change to a SegWit address?
Nov 15 15:18:37 Nov 15 15:18:37 <cberg> none of what you say makes any sense
<cberg> none of what you say makes any sense
Nov 15 15:18:51 Nov 15 15:18:51 <cberg> it's gibberish to fool people wiht a lack of understanding
<cberg> it's gibberish to fool people wiht a lack of understanding
Nov 15 15:18:58 <enamon> What part doesn't make sense?
Nov 15 15:18:58 <enamon> What part doesn't make sense?
Nov 15 15:19:03 Nov 15 15:19:03 <cberg> all parts
<cberg> all parts
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Nov 15 15:20:20 Nov 15 15:20:20 <enamon> cberg: It's like this - BTC blocks are full pretty much all of the time, right? And anytime the transaction rate goes over something like 7 transactions per second, the mempool starts to fill up. So, in order to get into the next block, users pay higher fees
<enamon> cberg: It's like this - BTC blocks are full pretty much all of the time, right? And anytime the transaction rate goes over something like 7 transactions per second, the mempool starts to fill up. So, in order to get into the next block, users pay higher fees
Nov 15 15:20:31 <enamon> With me so far?
Nov 15 15:20:31 <enamon> With me so far?
Nov 15 15:20:37 Nov 15 15:20:37 <enamon> Or does that not make sense to you either?
<enamon> Or does that not make sense to you either?
Nov 15 15:21:03 <dw1> he can't destroy BCH and it enrages him beyond rational thought
Nov 15 15:21:03 <dw1> he can't destroy BCH and it enrages him beyond rational thought
Nov 15 15:21:08 Nov 15 15:21:08 <dw1> prob best not even bother
<dw1> prob best not even bother
Nov 15 15:21:42 Nov 15 15:21:42 <enamon> He's probably googling how Bitcoin fees work.
<enamon> He's probably googling how Bitcoin fees work.
Nov 15 15:21:52 Nov 15 15:21:52 <cberg> enamon: yes, fees are used to prioritize transactions for inclusing in the limited block space ressource that is inherent to a decentralized blockchain system like Bitcoin
<cberg> enamon: yes, fees are used to prioritize transactions for inclusing in the limited block space ressource that is inherent to a decentralized blockchain system like Bitcoin
Nov 15 15:22:00 Nov 15 15:22:00 <cberg> inclusion*
<cberg> inclusion*
Nov 15 15:22:20 Nov 15 15:22:20 <cberg> you coffee purchase is not important enough
<cberg> you coffee purchase is not important enough
Nov 15 15:22:22 Nov 15 15:22:22 <cberg> sorry
<cberg> sorry
Nov 15 15:22:26 Nov 15 15:22:26 <enamon> Block space only became limited recently. It was quite open before even with a blocksize limit because the transaction rate was low
<enamon> Block space only became limited recently. It was quite open before even with a blocksize limit because the transaction rate was low
Nov 15 15:22:39 Nov 15 15:22:39 <cberg> no it was always limited. demand just grew lately
<cberg> no it was always limited. demand just grew lately
Nov 15 15:22:48 Nov 15 15:22:48 <enamon> The idea initially was the blocksize cap would be lifted once average transaction numbers started hitting the 1MB limit
<enamon> The idea initially was the blocksize cap would be lifted once average transaction numbers started hitting the 1MB limit
Nov 15 15:23:09 <cberg> oh are you going to use a satoshi quote next?
Nov 15 15:23:09 <cberg> oh are you going to use a satoshi quote next?
Nov 15 15:24:51 <enamon> Anyway, like you said "fees are used to prioritize transactions". But if most of the fees in the previous block were, say, $2 for an average transaction, and you know the next block would be full too, you'd pay more than $2 to get in, right?
Nov 15 15:24:51 <enamon> Anyway, like you said "fees are used to prioritize transactions". But if most of the fees in the previous block were, say, $2 for an average transaction, and you know the next block would be full too, you'd pay more than $2 to get in, right?
Nov 15 15:25:00 Nov 15 15:25:00 <enamon> Since capacity is limited and now blocks are full
<enamon> Since capacity is limited and now blocks are full
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Nov 15 15:25:07 Nov 15 15:25:07 <enamon> Unlike a few years back
<enamon> Unlike a few years back
Nov 15 15:25:14 Nov 15 15:25:14 <dw1> core accepts the possibility of $100 fees
<dw1> core accepts the possibility of $100 fees
Nov 15 15:25:19 Nov 15 15:25:19 <enamon> Haha yeah
<enamon> Haha yeah
Nov 15 15:25:35 Nov 15 15:25:35 <cberg> if I value the importance that my transaction gets included in one of the next blocks at more than $2, then sure
<cberg> if I value the importance that my transaction gets included in one of the next blocks at more than $2, then sure
Nov 15 15:25:36 Nov 15 15:25:36 <cberg> why not
<cberg> why not
Nov 15 15:25:54 Nov 15 15:25:54 <enamon> They want BTC to be a settlement layer for banks and exchanges. That's why they're putting their Liquid sidechain hardware into exchanges and large BTC businesses. Granted, the latter were doing it on a trial basis
<enamon> They want BTC to be a settlement layer for banks and exchanges. That's why they're putting their Liquid sidechain hardware into exchanges and large BTC businesses. Granted, the latter were doing it on a trial basis
Nov 15 15:25:59 Nov 15 15:25:59 <cberg> unlike a few years when there was barely any demand for bitcoin transactions
<cberg> unlike a few years when there was barely any demand for bitcoin transactions
Nov 15 15:26:06 Nov 15 15:26:06 <cberg> sorry that you're not the only one using this system any longer
<cberg> sorry that you're not the only one using this system any longer
Nov 15 15:26:27 <cberg> oh look, back to the r/btc soundbites
Nov 15 15:26:27 <cberg> oh look, back to the r/btc soundbites
Nov 15 15:26:35 Nov 15 15:26:35 <dw1> at the very least, they need to add a difficulty adjustment
<dw1> at the very least, they need to add a difficulty adjustment
Nov 15 15:26:37 <cberg> "they"
Nov 15 15:26:37 <cberg> "they"
Nov 15 15:26:54 Nov 15 15:26:54 <enamon> cberg: Now imagine you're a miner and you know this is happening. So you make the average transaction fee in the next block not $2 but $4. This way if you successfully mine that block, users will pay a higher fee than $4 to get into the next full block.
<enamon> cberg: Now imagine you're a miner and you know this is happening. So you make the average transaction fee in the next block not $2 but $4. This way if you successfully mine that block, users will pay a higher fee than $4 to get into the next full block.
Nov 15 15:27:20 Nov 15 15:27:20 <cberg> that miner would forgoe the legitimate fees from that block
<cberg> that miner would forgoe the legitimate fees from that block
Nov 15 15:27:24 <enamon> They'll pay more than $4 because if they don't, they know others will to get space
Nov 15 15:27:24 <enamon> They'll pay more than $4 because if they don't, they know others will to get space
Nov 15 15:28:01 Nov 15 15:28:01 <enamon> They forego fees once but the fees stay high and keep increasing even more because all the next blocks are full
<enamon> They forego fees once but the fees stay high and keep increasing even more because all the next blocks are full
Nov 15 15:28:09 Nov 15 15:28:09 <enamon> That's why I said, if the mempool is backed up this attack is super easy
<enamon> That's why I said, if the mempool is backed up this attack is super easy
Nov 15 15:28:47 Nov 15 15:28:47 <enamon> They forego some transaction fees for doubled or tripled transaction fees for all the next blocks
<enamon> They forego some transaction fees for doubled or tripled transaction fees for all the next blocks
Nov 15 15:28:52 Nov 15 15:28:52 <enamon> until the backlog is eased
<enamon> until the backlog is eased
Nov 15 15:28:54 Nov 15 15:28:54 <dw1> it's pissing off the users and driving people to BCH and others
<dw1> it's pissing off the users and driving people to BCH and others
Nov 15 15:29:30 Nov 15 15:29:30 <dw1> zimbabwe and venezuela deserve better
<dw1> zimbabwe and venezuela deserve better
Nov 15 15:29:34 <dw1> ¯\_(ツ)_/¯
Nov 15 15:29:34 <dw1> ¯\_(ツ)_/¯
Nov 15 15:29:54 <dw1> BCH ftw
Nov 15 15:29:54 <dw1> BCH ftw
Nov 15 15:29:58 Nov 15 15:29:58 <cberg> that "attack" might work if mining is decentralized enough. unfortunately that is indeed the case, and that's the biggest problem Bitcoin has right now.
<cberg> that "attack" might work if mining is decentralized enough. unfortunately that is indeed the case, and that's the biggest problem Bitcoin has right now.
Nov 15 15:30:00 Nov 15 15:30:00 <KingZog> yeah they should switch to BCH
<KingZog> yeah they should switch to BCH
Nov 15 15:30:16 Nov 15 15:30:16 <cberg> bcash doesn't solve this problem
<cberg> bcash doesn't solve this problem
Nov 15 15:30:22 Nov 15 15:30:22 <dw1> BCH supports 32MB blocks without a fork
<dw1> BCH supports 32MB blocks without a fork
Nov 15 15:30:28 Nov 15 15:30:28 <enamon> Wait. Mining decentralization is the problem?
<enamon> Wait. Mining decentralization is the problem?
Nov 15 15:30:35 <cberg> centralized*
Nov 15 15:30:35 <cberg> centralized*
Nov 15 15:30:49 <enamon> Miners can be super decentralized and this will still work
Nov 15 15:30:49 <enamon> Miners can be super decentralized and this will still work
Nov 15 15:30:59 Nov 15 15:30:59 <enamon> Because the backlog can take many blocks to clear
<enamon> Because the backlog can take many blocks to clear
Nov 15 15:31:15 <enamon> So even if your pool has 10% of hashpower, you still get plenty of profit
Nov 15 15:31:15 <enamon> So even if your pool has 10% of hashpower, you still get plenty of profit
Nov 15 15:31:18 Nov 15 15:31:18 <cberg> no it won't, because then any miner not participating in this "attack" is free riding and at an advantage
<cberg> no it won't, because then any miner not participating in this "attack" is free riding and at an advantage
Nov 15 15:31:31 Nov 15 15:31:31 <enamon> And if all miners are aware of this strategy they can do it individually with no collusion
<enamon> And if all miners are aware of this strategy they can do it individually with no collusion
Nov 15 15:31:37 <cberg> it only works if mining is highly centralized, which is a huge problem regardless of this "attack"
Nov 15 15:31:37 <cberg> it only works if mining is highly centralized, which is a huge problem regardless of this "attack"
Nov 15 15:31:43 Nov 15 15:31:43 <enamon> No, one miner doing it benefits all miners.
<enamon> No, one miner doing it benefits all miners.
Nov 15 15:31:44 Nov 15 15:31:44 <cberg> bcash doesn't fix mining centralization
<cberg> bcash doesn't fix mining centralization
Nov 15 15:32:14 Nov 15 15:32:14 <enamon> Bitcoin Cash doesn't fix mining centralization but it is better for smaller pools since the difficulty is lower and they have a higher chance of finding a block.
<enamon> Bitcoin Cash doesn't fix mining centralization but it is better for smaller pools since the difficulty is lower and they have a higher chance of finding a block.
Nov 15 15:32:27 Nov 15 15:32:27 <cberg> what
<cberg> what
Nov 15 15:32:33 <cberg> that makes zero! sense
Nov 15 15:32:33 <cberg> that makes zero! sense
Nov 15 15:33:07 <enamon> How does that make zero sense? It requires less hashpower to find a BCH block because the BCH chain difficulty is currently lower
Nov 15 15:33:07 <enamon> How does that make zero sense? It requires less hashpower to find a BCH block because the BCH chain difficulty is currently lower
Nov 15 15:33:18 Nov 15 15:33:18 <enamon> It may not be as profitable at some times but it's definitely easier
<enamon> It may not be as profitable at some times but it's definitely easier
Nov 15 15:33:31 <cberg> so what? that's only the case because bcash is a sideshow
Nov 15 15:33:31 <cberg> so what? that's only the case because bcash is a sideshow
Nov 15 15:33:32 <enamon> Check this:
Nov 15 15:33:32 <enamon> Check this:
Nov 15 15:33:34 Nov 15 15:33:34 <enamon> https://fork.lol/pow/difficulty
<enamon> https://fork.lol/pow/difficulty
Nov 15 15:33:38 <dymurray> cberg, you're honestly just spewing Core propaganda
Nov 15 15:33:38 <dymurray> cberg, you're honestly just spewing Core propaganda
Nov 15 15:33:55 <dymurray> Its not based on facts
Nov 15 15:33:55 <dymurray> Its not based on facts
Nov 15 15:33:59 Nov 15 15:33:59 <cberg> sorry that the truth and what you think is "core propaganda" overlap so much
<cberg> sorry that the truth and what you think is "core propaganda" overlap so much
Nov 15 15:34:07 <enamon> BCH block difficulty is a lot lower than BTC. It's more attractive to independent/smaller pools
Nov 15 15:34:07 <enamon> BCH block difficulty is a lot lower than BTC. It's more attractive to independent/smaller pools
Nov 15 15:34:20 Nov 15 15:34:20 <cberg> yes difficulty is lower because bcash is a side show to bitcoin
<cberg> yes difficulty is lower because bcash is a side show to bitcoin
Nov 15 15:34:26 Nov 15 15:34:26 <cberg> that's not a fix
<cberg> that's not a fix
Nov 15 15:34:35 Nov 15 15:34:35 <cberg> unless the fix is being a side show
<cberg> unless the fix is being a side show
Nov 15 15:34:38 Nov 15 15:34:38 <enamon> https://cash.coin.dance/blocks/today
<enamon> https://cash.coin.dance/blocks/today
Nov 15 15:34:46 Nov 15 15:34:46 <enamon> cberg: Do you have any actual technical arguments?
<enamon> cberg: Do you have any actual technical arguments?
Nov 15 15:34:53 Nov 15 15:34:53 <cberg> what?
<cberg> what?
Nov 15 15:35:01 Nov 15 15:35:01 <enamon> BCH is a usable currency. I have no idea what you're trying to argue.
<enamon> BCH is a usable currency. I have no idea what you're trying to argue.
Nov 15 15:35:14 <cberg> I have no idea what you're trying to argue either
Nov 15 15:35:14 <cberg> I have no idea what you're trying to argue either
Nov 15 15:36:07 <dymurray> BCH is a usable currency with far lower transaction fees and an actual economic incentive for miner decentralization. Bitcoin whitepaper encourages EXACTLY what BCH is implementing
Nov 15 15:36:07 <dymurray> BCH is a usable currency with far lower transaction fees and an actual economic incentive for miner decentralization. Bitcoin whitepaper encourages EXACTLY what BCH is implementing
Nov 15 15:36:28 Nov 15 15:36:28 <cberg> oh god
<cberg> oh god
Nov 15 15:36:57 <dymurray> Its hilarious that core trolls spend all day just shitposting this board
Nov 15 15:36:57 <dymurray> Its hilarious that core trolls spend all day just shitposting this board
Nov 15 15:37:05 <dymurray> Like you honestly have nothing better to do
Nov 15 15:37:05 <dymurray> Like you honestly have nothing better to do
Nov 15 15:37:14 <cberg> I guess we both don't
Nov 15 15:37:14 <cberg> I guess we both don't
Nov 15 15:37:35 <dymurray> I'm here to talk about Bitcoin Cash, not endlessly deride it based on bullshit statements that is not backed up by any technical analysis whatsoever
Nov 15 15:37:35 <dymurray> I'm here to talk about Bitcoin Cash, not endlessly deride it based on bullshit statements that is not backed up by any technical analysis whatsoever
Nov 15 15:37:53 Nov 15 15:37:53 <cberg> I'm here to tals about bcash too
<cberg> I'm here to tals about bcash too
Nov 15 15:37:57 Nov 15 15:37:57 <cberg> and that's what I'm doing
<cberg> and that's what I'm doing
Nov 15 15:38:05 <dymurray> Honestly why do we not have mods in this channel to boot trolls? Go to #bitcoin or #bitcoin-forks I'm sure theyd be glad to pat you on the back
Nov 15 15:38:05 <dymurray> Honestly why do we not have mods in this channel to boot trolls? Go to #bitcoin or #bitcoin-forks I'm sure theyd be glad to pat you on the back
Nov 15 15:38:16 <cberg> so now anyone who doesn't agree with you is a troll?
Nov 15 15:38:16 <cberg> so now anyone who doesn't agree with you is a troll?
Nov 15 15:38:25 Nov 15 15:38:25 <cberg> and you want to censor them?
<cberg> and you want to censor them?
Nov 15 15:38:47 <dymurray> You didn't provide any actual technical analysis to counter any of enamon's points dude you're just trying to argue that BCH is retarded and BTC is the gold standard
Nov 15 15:38:47 <dymurray> You didn't provide any actual technical analysis to counter any of enamon's points dude you're just trying to argue that BCH is retarded and BTC is the gold standard
Nov 15 15:39:08 Nov 15 15:39:08 <cberg> "technical analysis" wtf are you even talking about
<cberg> "technical analysis" wtf are you even talking about
Nov 15 15:39:16 <cberg> if you can't understand my arguments that's not my fault
Nov 15 15:39:16 <cberg> if you can't understand my arguments that's not my fault
Nov 15 15:39:30 <dymurray> You didn't even understand how fees work like 10 mins ago
Nov 15 15:39:30 <dymurray> You didn't even understand how fees work like 10 mins ago
Nov 15 15:39:37 <enamon> Well he did call it a "side show". I think he's mistaken though since all of BCH's scaling so far has been on-chain. BTC's focus is on sidechains though so one can argue that's a side show. :-P
Nov 15 15:39:37 <enamon> Well he did call it a "side show". I think he's mistaken though since all of BCH's scaling so far has been on-chain. BTC's focus is on sidechains though so one can argue that's a side show. :-P
Nov 15 15:39:37 Nov 15 15:39:37 <cberg> oh?
<cberg> oh?
Nov 15 15:39:39 <dymurray> You're not making any coherent argument
Nov 15 15:39:39 <dymurray> You're not making any coherent argument
Nov 15 15:39:54 <cberg> I think I'm the only one making any coherent arguments in here actually
Nov 15 15:39:54 <cberg> I think I'm the only one making any coherent arguments in here actually
Nov 15 15:39:54 <dymurray> oh yes a "side show"
Nov 15 15:39:54 <dymurray> oh yes a "side show"
Nov 15 15:39:56 <dymurray> great analysis
Nov 15 15:39:56 <dymurray> great analysis
Nov 15 15:40:23 Nov 15 15:40:23 <cberg> sorry that bcash is a side show to bitcoin
<cberg> sorry that bcash is a side show to bitcoin
Nov 15 15:40:24 <enamon> Anyway, I'm surprised BCH is so resilient. I was expecting a bigger drop after the BitMEX announcement of them selling god-knows-how-much BCH.
Nov 15 15:40:24 <enamon> Anyway, I'm surprised BCH is so resilient. I was expecting a bigger drop after the BitMEX announcement of them selling god-knows-how-much BCH.
Nov 15 15:40:41 <dymurray> enamon, Same. the DAA fork is working just as intended
Nov 15 15:40:41 <dymurray> enamon, Same. the DAA fork is working just as intended
Nov 15 15:41:00 <dymurray> It feels like BTC is being pumped just to get dumped when a full transition to BCH comes at the end of the month
Nov 15 15:41:00 <dymurray> It feels like BTC is being pumped just to get dumped when a full transition to BCH comes at the end of the month
Nov 15 15:41:07 Nov 15 15:41:07 <enamon> Yeah, it's stablizied quite nice
<enamon> Yeah, it's stablizied quite nice
Nov 15 15:41:21 Nov 15 15:41:21 <enamon> BTC *is* being pumped. BitMEX announced it today :-P
<enamon> BTC *is* being pumped. BitMEX announced it today :-P
Nov 15 15:41:26 <cberg> dymurray: how delusional can you be?
Nov 15 15:41:26 <cberg> dymurray: how delusional can you be?
Nov 15 15:41:33 Nov 15 15:41:33 <enamon> They're selling all users BCH in exchange for BTC
<enamon> They're selling all users BCH in exchange for BTC
Nov 15 15:41:44 <enamon> They also released BCH futures the same day with a Nov 24 expiry
Nov 15 15:41:44 <enamon> They also released BCH futures the same day with a Nov 24 expiry
Nov 15 15:42:15 <dymurray> cberg, there are much bigger forces at play here and I'm sorry that you don't see it. The main devs of core are taking all core supporters for a fucking ride
Nov 15 15:42:15 <dymurray> cberg, there are much bigger forces at play here and I'm sorry that you don't see it. The main devs of core are taking all core supporters for a fucking ride
Nov 15 15:42:17 Nov 15 15:42:17 <enamon> So I'm guessing the main pump is until the 24th. Although they can simply issue more futures contracts and pump up BTC over BCH some more. Until Dec 31st though
<enamon> So I'm guessing the main pump is until the 24th. Although they can simply issue more futures contracts and pump up BTC over BCH some more. Until Dec 31st though
Nov 15 15:42:41 <dymurray> Just look at the 2x fiasco and you can see how you are being played
Nov 15 15:42:41 <dymurray> Just look at the 2x fiasco and you can see how you are being played
Nov 15 15:42:46 <cberg> dymurray: "larger forces at play".. is that your "technical analysis"?
Nov 15 15:42:46 <cberg> dymurray: "larger forces at play".. is that your "technical analysis"?
Nov 15 15:42:52 <dymurray> cberg, yup
Nov 15 15:42:52 <dymurray> cberg, yup
Nov 15 15:42:55 Nov 15 15:42:55 <cberg> k
<cberg> k
Nov 15 15:43:11 <enamon> Blockchain.com will have full BCH support soon. CoinBase will start offering BCH as of Jan 1st.
Nov 15 15:43:11 <enamon> Blockchain.com will have full BCH support soon. CoinBase will start offering BCH as of Jan 1st.
Nov 15 15:43:26 <enamon> BitPay and Purse.io already offer BCH support in their wallets
Nov 15 15:43:26 <enamon> BitPay and Purse.io already offer BCH support in their wallets
Nov 15 15:43:40 <KingZog> wikileaks already accepts BCH xD
Nov 15 15:43:40 <KingZog> wikileaks already accepts BCH xD
Nov 15 15:43:49 Nov 15 15:43:49 <enamon> If they also start supporting purchasing then BCH adoption will suddenly leap
<enamon> If they also start supporting purchasing then BCH adoption will suddenly leap
Nov 15 15:43:54 <cberg> BCH price is still quite good, don't be bagholders for the enrichment of a bunch of criminals
Nov 15 15:43:54 <cberg> BCH price is still quite good, don't be bagholders for the enrichment of a bunch of criminals
Nov 15 15:43:55 <enamon> Yeah, so does archive.org
Nov 15 15:43:55 <enamon> Yeah, so does archive.org
Nov 15 15:44:00 <dymurray> wikileaks is part of the "bigger forces" I was referring to :)
Nov 15 15:44:00 <dymurray> wikileaks is part of the "bigger forces" I was referring to :)
Nov 15 15:44:03 <dymurray> Kim Dotcom too
Nov 15 15:44:03 <dymurray> Kim Dotcom too
Nov 15 15:44:05 Nov 15 15:44:05 <enamon> BTC, BCH, and ZCash
<enamon> BTC, BCH, and ZCash
Nov 15 15:48:49 Nov 15 15:48:49 <enamon> I think one of the best things about BCH, max blocksize aside, is it's already got one hard fork protocol upgrade under its belt
<enamon> I think one of the best things about BCH, max blocksize aside, is it's already got one hard fork protocol upgrade under its belt
Nov 15 15:49:07 <enamon> So future upgrades can be done in a cleaner, easier fashion
Nov 15 15:49:07 <enamon> So future upgrades can be done in a cleaner, easier fashion
Nov 15 15:49:51 Nov 15 15:49:51 <enamon> I'm hoping we'll see Unlinkable Transactions on the BCH chain soon
<enamon> I'm hoping we'll see Unlinkable Transactions on the BCH chain soon
Nov 15 15:50:48 Nov 15 15:50:48 <enamon> BTC finally came out with a confidential transactions proposal but it only hides the amount not the sender and receipient address
<enamon> BTC finally came out with a confidential transactions proposal but it only hides the amount not the sender and receipient address
Nov 15 15:52:05 Nov 15 15:52:05 <enamon> Which, I suppose, might be nice in some instances but worries me a bit what with KYC/AML
<enamon> Which, I suppose, might be nice in some instances but worries me a bit what with KYC/AML
Nov 15 15:52:19 Nov 15 15:52:19 <cberg> dude, CT have been proposed like 4 years ago
<cberg> dude, CT have been proposed like 4 years ago
Nov 15 15:52:45 Nov 15 15:52:45 <cberg> you must be new here
<cberg> you must be new here
Nov 15 15:53:39 <KingZog> how can you conceal the amount? how does the network know if the sender has the money than?
Nov 15 15:53:39 <KingZog> how can you conceal the amount? how does the network know if the sender has the money than?
Nov 15 15:54:14 <cberg> you think someone is just going to explain to you how zero proofs in CT work on IRC now?
Nov 15 15:54:14 <cberg> you think someone is just going to explain to you how zero proofs in CT work on IRC now?
Nov 15 15:54:22 Nov 15 15:54:22 <cberg> read
<cberg> read
Nov 15 15:54:24 <cberg> the
Nov 15 15:54:24 <cberg> the
Nov 15 15:54:27 Nov 15 15:54:27 <cberg> white paper
<cberg> white paper
Nov 15 15:54:44 Nov 15 15:54:44 <KingZog> so its not easy?
<KingZog> so its not easy?
Nov 15 15:54:51 Nov 15 15:54:51 <cberg> of course it's not easy
<cberg> of course it's not easy
Nov 15 15:54:57 <cberg> it has been worked on for years
Nov 15 15:54:57 <cberg> it has been worked on for years
Nov 15 15:56:02 <cberg> unlike altcoins, bitcoin isn't just going ahead nilly willy implementing something in a trial and error approach though
Nov 15 15:56:02 <cberg> unlike altcoins, bitcoin isn't just going ahead nilly willy implementing something in a trial and error approach though
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Nov 15 16:07:54 Nov 15 16:07:54 <enamon> cberg: I know it's been worked on for years. Greg Maxwell just announced some efficiencies they made to it. Haven't had time to review it fully though but the main point is still that it's the transaction amounts that are being obfuscated, not the metadata
<enamon> cberg: I know it's been worked on for years. Greg Maxwell just announced some efficiencies they made to it. Haven't had time to review it fully though but the main point is still that it's the transaction amounts that are being obfuscated, not the metadata
Nov 15 16:08:28 Nov 15 16:08:28 <cberg> "BTC finally came out with a confidential transactions proposal"
<cberg> "BTC finally came out with a confidential transactions proposal"
Nov 15 16:08:33 Nov 15 16:08:33 <cberg> that is literally what you said
<cberg> that is literally what you said
Nov 15 16:10:44 Nov 15 16:10:44 <enamon> Ah my mistake. No BIP yet
<enamon> Ah my mistake. No BIP yet
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Nov 15 16:12:00 <enamon> You got stuff like this though:
Nov 15 16:12:00 <enamon> You got stuff like this though:
Nov 15 16:12:02 Nov 15 16:12:02 <enamon> https://twitter.com/adam3us/status/930384434477481984?s=17
<enamon> https://twitter.com/adam3us/status/930384434477481984?s=17
Nov 15 16:12:12 Nov 15 16:12:12 <enamon> Adam Back saying:
<enamon> Adam Back saying:
Nov 15 16:12:18 Nov 15 16:12:18 <enamon> If the size and cost is 3x I wonder if people would use CT widely. I think it could be interesting to increase the blocksize alongside because CT improves fungibilty to offset the centralisation risk. Best yet for fungibilty would be CT always on.
<enamon> If the size and cost is 3x I wonder if people would use CT widely. I think it could be interesting to increase the blocksize alongside because CT improves fungibilty to offset the centralisation risk. Best yet for fungibilty would be CT always on.
Nov 15 16:12:39 Nov 15 16:12:39 <cberg> yes and?
<cberg> yes and?
Nov 15 16:13:29 <enamon> He still hasn't mentioned exactly how raising the blocksize cap increases centralization. But it's funny how he's floating the idea of raising the blocksize cap now even though his statement makes no sense
Nov 15 16:13:29 <enamon> He still hasn't mentioned exactly how raising the blocksize cap increases centralization. But it's funny how he's floating the idea of raising the blocksize cap now even though his statement makes no sense
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Nov 15 16:14:13 Nov 15 16:14:13 <enamon> How does improving fungibility offset centralization? Especially if the sender and receiver are still known
<enamon> How does improving fungibility offset centralization? Especially if the sender and receiver are still known
Nov 15 16:14:32 Nov 15 16:14:32 <cberg> how does it not make sense? he's saying that he thinks increasing the block size is an acceptable trade-off for the increased fungibility from CT. what's so hard to understand about that?
<cberg> how does it not make sense? he's saying that he thinks increasing the block size is an acceptable trade-off for the increased fungibility from CT. what's so hard to understand about that?
Nov 15 16:15:14 Nov 15 16:15:14 <enamon> Two things: 1. How does increasing the blocksize cap increase centralization? And how does fungability offset centralization risk? Those are two different things
<enamon> Two things: 1. How does increasing the blocksize cap increase centralization? And how does fungability offset centralization risk? Those are two different things
Nov 15 16:15:35 Nov 15 16:15:35 <dw1> probably because they think miners are on tiny computers with limited bandwidth
<dw1> probably because they think miners are on tiny computers with limited bandwidth
Nov 15 16:15:39 Nov 15 16:15:39 <dw1> which isn't so
<dw1> which isn't so
Nov 15 16:15:43 Nov 15 16:15:43 <enamon> Is centralization ok if transactions are 100% private?
<enamon> Is centralization ok if transactions are 100% private?
Nov 15 16:15:45 Nov 15 16:15:45 <cberg> of course they're two different things. they're not thinking as one-dimensionally as you are apparently
<cberg> of course they're two different things. they're not thinking as one-dimensionally as you are apparently
Nov 15 16:15:58 <cberg> they're considering all aspects of a change
Nov 15 16:15:58 <cberg> they're considering all aspects of a change
Nov 15 16:16:12 Nov 15 16:16:12 <dw1> any block size increase will kill every computer that touches it
<dw1> any block size increase will kill every computer that touches it
Nov 15 16:16:23 Nov 15 16:16:23 <enamon> cberg: They're unrelated. And the centralization part makes no sense. Can you explain to me how raising a blocksize limit results in centralization?
<enamon> cberg: They're unrelated. And the centralization part makes no sense. Can you explain to me how raising a blocksize limit results in centralization?
Nov 15 16:16:34 Nov 15 16:16:34 <cberg> are you kidding me?
<cberg> are you kidding me?
Nov 15 16:16:55 Nov 15 16:16:55 <cberg> you want me to rehash what you apparently haven't understood from the countless discussions everywhere?
<cberg> you want me to rehash what you apparently haven't understood from the countless discussions everywhere?
Nov 15 16:16:58 Nov 15 16:16:58 <cberg> do you want to waste my time?
<cberg> do you want to waste my time?
Nov 15 16:17:14 Nov 15 16:17:14 <enamon> All the explanations I've seen have been contradicted time and time again.
<enamon> All the explanations I've seen have been contradicted time and time again.
Nov 15 16:17:31 Nov 15 16:17:31 <enamon> First it was "larger blocks will have problems propagating fast enough through the Bitcoin network"
<enamon> First it was "larger blocks will have problems propagating fast enough through the Bitcoin network"
Nov 15 16:17:35 Nov 15 16:17:35 <cberg> that's not my problem that you think they're "contradicting"
<cberg> that's not my problem that you think they're "contradicting"
Nov 15 16:17:40 Nov 15 16:17:40 <cberg> I have no interest in educating you
<cberg> I have no interest in educating you
Nov 15 16:17:43 Nov 15 16:17:43 <enamon> which was a valid concern ages ago but hasn't been for years
<enamon> which was a valid concern ages ago but hasn't been for years
Nov 15 16:17:44 Nov 15 16:17:44 <cberg> stay stupid
<cberg> stay stupid
Nov 15 16:17:57 Nov 15 16:17:57 <enamon> Nice. Come back to me when you have actual technical arguments
<enamon> Nice. Come back to me when you have actual technical arguments
Nov 15 16:18:03 <cberg> I'm not here for you
Nov 15 16:18:03 <cberg> I'm not here for you
Nov 15 16:18:06 <enamon> Raising the blocksize limit does not have a centralization risk.
Nov 15 16:18:06 <enamon> Raising the blocksize limit does not have a centralization risk.
Nov 15 16:18:08 <cberg> I'll stay, thank you very much
Nov 15 16:18:08 <cberg> I'll stay, thank you very much
Nov 15 16:18:25 <enamon> If anything, keeping it low increases centralization by capping adoption
Nov 15 16:18:25 <enamon> If anything, keeping it low increases centralization by capping adoption
Nov 15 16:18:28 <dw1> i believe the argument relates to computer power and bandwidth
Nov 15 16:18:28 <dw1> i believe the argument relates to computer power and bandwidth
Nov 15 16:18:35 Nov 15 16:18:35 <dw1> which are sufficient and will increase in the coming years
<dw1> which are sufficient and will increase in the coming years
Nov 15 16:18:42 Nov 15 16:18:42 <wxss> enamon, you wouldn't understand a technical argument if you were hit in the face with it
<wxss> enamon, you wouldn't understand a technical argument if you were hit in the face with it
Nov 15 16:18:42 Nov 15 16:18:42 <dw1> it's a dumb argument
<dw1> it's a dumb argument
Nov 15 16:18:45 Nov 15 16:18:45 <enamon> Why run a node when it costs more to make a single transaction than it costs to pay for bandwidth/storage
<enamon> Why run a node when it costs more to make a single transaction than it costs to pay for bandwidth/storage
Nov 15 16:18:52 Nov 15 16:18:52 <dw1> haha
<dw1> haha
Nov 15 16:19:22 Nov 15 16:19:22 <dw1> they should implement some ASIC-busting code
<dw1> they should implement some ASIC-busting code
Nov 15 16:19:24 Nov 15 16:19:24 <dw1> that would really decentralize things
<dw1> that would really decentralize things
Nov 15 16:19:34 Nov 15 16:19:34 <dw1> if they cared
<dw1> if they cared
Nov 15 16:19:42 Nov 15 16:19:42 <enamon> They just want to centralize transactions to their Liquid sidechain
<enamon> They just want to centralize transactions to their Liquid sidechain
Nov 15 16:19:44 Nov 15 16:19:44 <cberg> you don't even understand why people are running nodes
<cberg> you don't even understand why people are running nodes
Nov 15 16:19:48 Nov 15 16:19:48 <cberg> my god you're ignorant
<cberg> my god you're ignorant
Nov 15 16:20:01 <enamon> cberg: Give me some facts. Stop bullshitting and actually say something worthwhile.
Nov 15 16:20:01 <enamon> cberg: Give me some facts. Stop bullshitting and actually say something worthwhile.
Nov 15 16:20:10 Nov 15 16:20:10 <cberg> no, you're not worth my time anymore
<cberg> no, you're not worth my time anymore
Nov 15 16:20:15 Nov 15 16:20:15 <cberg> you've proven that much
<cberg> you've proven that much
Nov 15 16:20:17 <dw1> he doenst want to make a claim because he'll be debunked
Nov 15 16:20:17 <dw1> he doenst want to make a claim because he'll be debunked
Nov 15 16:20:17 Nov 15 16:20:17 <enamon> Then why are you on this channel?
<enamon> Then why are you on this channel?
Nov 15 16:20:19 Nov 15 16:20:19 <dw1> trash talking is easier
<dw1> trash talking is easier
Nov 15 16:20:31 <dw1> no claim, no brain, no pain
Nov 15 16:20:31 <dw1> no claim, no brain, no pain
Nov 15 16:20:33 <cberg> again, I'm not here for you enamon
Nov 15 16:20:33 <cberg> again, I'm not here for you enamon
Nov 15 16:21:01 Nov 15 16:21:01 <dw1> he's here to be bsore
<dw1> he's here to be bsore
Nov 15 16:21:08 Nov 15 16:21:08 <dw1> hehe
<dw1> hehe
Nov 15 16:21:11 Nov 15 16:21:11 <cberg> I'm here mostly for my amusement
<cberg> I'm here mostly for my amusement
Nov 15 16:21:42 Nov 15 16:21:42 <dw1> to cause psychological harm to bcash users
<dw1> to cause psychological harm to bcash users
Nov 15 16:21:43 Nov 15 16:21:43 <enamon> Listen, if you need a reference on the resume you're sending to Blockstream, I'm here for you.
<enamon> Listen, if you need a reference on the resume you're sending to Blockstream, I'm here for you.
Nov 15 16:21:54 Nov 15 16:21:54 <dw1> he likes harming people
<dw1> he likes harming people
Nov 15 16:22:04 Nov 15 16:22:04 <enamon> Not quite Samson Mow's troll level but you're getting there.
<enamon> Not quite Samson Mow's troll level but you're getting there.
Nov 15 16:22:07 Nov 15 16:22:07 <enamon> Keep practicing.
<enamon> Keep practicing.
Nov 15 16:24:41 Nov 15 16:24:41 <dw1> he thinks trash talk will eliminate $20-$40B market cap
<dw1> he thinks trash talk will eliminate $20-$40B market cap
Nov 15 16:24:43 Nov 15 16:24:43 <dw1> hehe
<dw1> hehe
Nov 15 16:25:07 Nov 15 16:25:07 <dw1> #getbacktowork
<dw1> #getbacktowork
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Nov 15 16:25:54 Nov 15 16:25:54 <cberg> I think $20 market cap would be pretty appropriate
<cberg> I think $20 market cap would be pretty appropriate
Nov 15 16:26:16 <dw1> unfortunately individuals alone dont decide that
Nov 15 16:26:16 <dw1> unfortunately individuals alone dont decide that
Nov 15 16:27:22 Nov 15 16:27:22 <cberg> I don't even dislike bcash. do your thing if you must. I do dislike all the misinformation however
<cberg> I don't even dislike bcash. do your thing if you must. I do dislike all the misinformation however
Nov 15 16:27:42 <KingZog> why is a high market cap bad?
Nov 15 16:27:42 <KingZog> why is a high market cap bad?
Nov 15 16:27:56 Nov 15 16:27:56 <enamon> Well if you'd like to correct the misinformation, go ahead. But you've refused to type anything substantial so...
<enamon> Well if you'd like to correct the misinformation, go ahead. But you've refused to type anything substantial so...
Nov 15 16:28:10 Nov 15 16:28:10 <cberg> read again, enamon. read again
<cberg> read again, enamon. read again
Nov 15 16:28:11 Nov 15 16:28:11 <dw1> both sides have misinformed arguments
<dw1> both sides have misinformed arguments
Nov 15 16:28:29 Nov 15 16:28:29 <enamon> cberg: I've read what you've written. You've said nothing. You've made no arguments.
<enamon> cberg: I've read what you've written. You've said nothing. You've made no arguments.
Nov 15 16:28:49 Nov 15 16:28:49 <cberg> that's not true at all, so now I'm calling you a liar
<cberg> that's not true at all, so now I'm calling you a liar
Nov 15 16:28:54 <enamon> Prove me wrong
Nov 15 16:28:54 <enamon> Prove me wrong
Nov 15 16:28:59 Nov 15 16:28:59 <cberg> scroll up
<cberg> scroll up
Nov 15 16:29:10 Nov 15 16:29:10 <enamon> I did. Got a quote?
<enamon> I did. Got a quote?
Nov 15 16:29:26 Nov 15 16:29:26 <enamon> I asked you to tell me how raising the blocksize limit causes centralization
<enamon> I asked you to tell me how raising the blocksize limit causes centralization
Nov 15 16:29:30 Nov 15 16:29:30 <cberg> why do you always want me to do the work for you, enamon ?
<cberg> why do you always want me to do the work for you, enamon ?
Nov 15 16:29:42 Nov 15 16:29:42 <enamon> I've heard loads of arguments that were then contradcited, often by the arguers themselves
<enamon> I've heard loads of arguments that were then contradcited, often by the arguers themselves
Nov 15 16:29:48 Nov 15 16:29:48 <cberg> yes I know you asked that, and I told you I'm not going to rehash the countless arguments you can find everywhere
<cberg> yes I know you asked that, and I told you I'm not going to rehash the countless arguments you can find everywhere
Nov 15 16:29:52 Nov 15 16:29:52 <cberg> deal with it
<cberg> deal with it
Nov 15 16:30:27 Nov 15 16:30:27 <dw1> everyone uses Antminers and they're seemingly more than capable to handle the processing of larger blocks
<dw1> everyone uses Antminers and they're seemingly more than capable to handle the processing of larger blocks
Nov 15 16:30:31 * RainMan28 is now known as RainMan28-[away]
Nov 15 16:30:31 * RainMan28 is now known as RainMan28-[away]
Nov 15 16:30:41 Nov 15 16:30:41 <enamon> For example, when SegWit Classic started and was going to raise the blocksize limit to 2MB, Core argued that 2MB would "cause centralization". Adam Back and Luke Dashjr even went to Hong Kong to get the miners to sign a backroom deal to prevent them from running Bitcoin Classic.
<enamon> For example, when SegWit Classic started and was going to raise the blocksize limit to 2MB, Core argued that 2MB would "cause centralization". Adam Back and Luke Dashjr even went to Hong Kong to get the miners to sign a backroom deal to prevent them from running Bitcoin Classic.
Nov 15 16:30:44 Nov 15 16:30:44 <dw1> most people are on high speed internet connections capable for 1+MB/s
<dw1> most people are on high speed internet connections capable for 1+MB/s
Nov 15 16:30:48 Nov 15 16:30:48 <dw1> of*
<dw1> of*
Nov 15 16:31:06 Nov 15 16:31:06 <dw1> so yeah, there's no good argument
<dw1> so yeah, there's no good argument
Nov 15 16:31:07 Nov 15 16:31:07 <cberg> what's Segwit Classic?
<cberg> what's Segwit Classic?
Nov 15 16:31:20 Nov 15 16:31:20 <enamon> Then when SegWit wasn't being adopted, Core said "you'll have blocks up to 4MB in size! It's just like a blocksize limit increase! Kind of!"
<enamon> Then when SegWit wasn't being adopted, Core said "you'll have blocks up to 4MB in size! It's just like a blocksize limit increase! Kind of!"
Nov 15 16:31:29 Nov 15 16:31:29 <enamon> Feck. Bitcoin Classic.
<enamon> Feck. Bitcoin Classic.
Nov 15 16:31:57 Nov 15 16:31:57 <dw1> haha yeah it's an overcomplicated blocksize increase, basically
<dw1> haha yeah it's an overcomplicated blocksize increase, basically
Nov 15 16:32:11 <dw1> what aw aste of time
Nov 15 16:32:11 <dw1> what aw aste of time
Nov 15 16:32:20 Nov 15 16:32:20 * munchee (uid28187@gateway/web/irccloud.com/x-zjjogxuztlohcfpz) has joined #bitcoincash
* munchee (uid28187@gateway/web/irccloud.com/x-zjjogxuztlohcfpz) has joined #bitcoincash
Nov 15 16:32:24 Nov 15 16:32:24 <cberg> the blocksize increase was never the goal of Segwit. it was added as a concession
<cberg> the blocksize increase was never the goal of Segwit. it was added as a concession
Nov 15 16:32:29 Nov 15 16:32:29 <cberg> and you're still not happy
<cberg> and you're still not happy
Nov 15 16:32:35 Nov 15 16:32:35 <enamon> Yeah pretty much. SegWit was originally going to be a nice and clean hard fork. So miners wanted a blocksize increase first and then SegWit
<enamon> Yeah pretty much. SegWit was originally going to be a nice and clean hard fork. So miners wanted a blocksize increase first and then SegWit
Nov 15 16:32:40 Nov 15 16:32:40 <munchee> good to meet u
<munchee> good to meet u
Nov 15 16:32:42 Nov 15 16:32:42 <enamon> It was a lot less complicated back in the day
<enamon> It was a lot less complicated back in the day
Nov 15 16:33:10 Nov 15 16:33:10 <dw1> could change one variable, decide to reinvent the wheel instead
<dw1> could change one variable, decide to reinvent the wheel instead
Nov 15 16:33:13 Nov 15 16:33:13 <cberg> nothing about a soft fork is not "nice and clean". in fact it's a lot nicer and cleaner from a network perspective
<cberg> nothing about a soft fork is not "nice and clean". in fact it's a lot nicer and cleaner from a network perspective
Nov 15 16:33:13 Nov 15 16:33:13 <enamon> cberg: It wasn't added as a concession. It had to be put in otherwise the soft fork would have resulted in decreasing the blocksize even further.
<enamon> cberg: It wasn't added as a concession. It had to be put in otherwise the soft fork would have resulted in decreasing the blocksize even further.
Nov 15 16:33:27 Nov 15 16:33:27 <cberg> what bullshit
<cberg> what bullshit
Nov 15 16:33:44 Nov 15 16:33:44 <enamon> Hahaha I bet you were a BIP148 fan too
<enamon> Hahaha I bet you were a BIP148 fan too
Nov 15 16:33:51 <enamon> Did you buy the hat?
Nov 15 16:33:51 <enamon> Did you buy the hat?
Nov 15 16:34:05 Nov 15 16:34:05 <dw1> Core created Ver
<dw1> Core created Ver
Nov 15 16:34:09 Nov 15 16:34:09 <dw1> indirectly
<dw1> indirectly
Nov 15 16:34:19 Nov 15 16:34:19 <enamon> Did you wave it around and threaten to "fork off the main chain and then reorg it after August 1st"?
<enamon> Did you wave it around and threaten to "fork off the main chain and then reorg it after August 1st"?
Nov 15 16:34:33 Nov 15 16:34:33 <enamon> BIP148 main, such a shitshow
<enamon> BIP148 main, such a shitshow
Nov 15 16:34:34 Nov 15 16:34:34 <cberg> zzZzzzzZ
<cberg> zzZzzzzZ
Nov 15 16:34:45 Nov 15 16:34:45 <enamon> That's where Garzik went wrong. SegWit2X should have never used BIP91 for signalling
<enamon> That's where Garzik went wrong. SegWit2X should have never used BIP91 for signalling
Nov 15 16:34:47 Nov 15 16:34:47 <cberg> you're not only uneducated about Bitcoin, you're also extremely childish enamon
<cberg> you're not only uneducated about Bitcoin, you're also extremely childish enamon
Nov 15 16:34:59 <enamon> It should've let BIP148 supporters get exactly what they wanted
Nov 15 16:34:59 <enamon> It should've let BIP148 supporters get exactly what they wanted
Nov 15 16:35:13 Nov 15 16:35:13 <enamon> A chainsplit where they'd be stuck on a chain with no hashpower.
<enamon> A chainsplit where they'd be stuck on a chain with no hashpower.
Nov 15 16:36:21 Nov 15 16:36:21 <enamon> BIP148 supporters were so rabid they were willing to risk a chainsplit and, if by some miracle, their chain survived and managed to acumulate 50% of the hashpower, they were willing to reorg the entire BTC chain.
<enamon> BIP148 supporters were so rabid they were willing to risk a chainsplit and, if by some miracle, their chain survived and managed to acumulate 50% of the hashpower, they were willing to reorg the entire BTC chain.
Nov 15 16:36:27 * KingZog has quit (Ping timeout: 240 seconds)
Nov 15 16:36:27 * KingZog has quit (Ping timeout: 240 seconds)
Nov 15 16:36:47 <cberg> cool story
Nov 15 16:36:47 <cberg> cool story
Nov 15 16:36:53 Nov 15 16:36:53 <enamon> cberg: I'm sorry I made you cry
<enamon> cberg: I'm sorry I made you cry
Nov 15 16:37:01 Nov 15 16:37:01 <cberg> be more childish please
<cberg> be more childish please
Nov 15 16:37:24 Nov 15 16:37:24 <munchee> larger block lead to the fewer running full node cuz it is expensive, which lead to centralization? thank u
<munchee> larger block lead to the fewer running full node cuz it is expensive, which lead to centralization? thank u
Nov 15 16:37:26 Nov 15 16:37:26 <wxss> cberg, you realize you're arguing with a 14-year old right?
<wxss> cberg, you realize you're arguing with a 14-year old right?
Nov 15 16:38:16 Nov 15 16:38:16 <cberg> I don't think so. he's likely just immature like that
<cberg> I don't think so. he's likely just immature like that
Nov 15 16:38:32 <dw1> 'Satoshi himself "never really gave block size limit much weight"' https://bitcointalk.org/index.php?topic=1391350.0
Nov 15 16:38:32 <dw1> 'Satoshi himself "never really gave block size limit much weight"' https://bitcointalk.org/index.php?topic=1391350.0
Nov 15 16:38:46 Nov 15 16:38:46 <dw1> or fees for that matter
<dw1> or fees for that matter
Nov 15 16:39:52 <enamon> munchee: Thank you for actually providing an argument. Anyway, raising the blocksize limit wouldn't result in all blocks being close to the max limit. It would however result in more transactions going through along with less backlogs and fees. Eventually, bitcoin growth does make a node more expensive. The initial plan was for most businesses to run nodes and wallets to be SPV wallets. You can still run
Nov 15 16:39:52 <enamon> munchee: Thank you for actually providing an argument. Anyway, raising the blocksize limit wouldn't result in all blocks being close to the max limit. It would however result in more transactions going through along with less backlogs and fees. Eventually, bitcoin growth does make a node more expensive. The initial plan was for most businesses to run nodes and wallets to be SPV wallets. You can still run
Nov 15 16:39:54 Nov 15 16:39:54 <enamon> a node though but you'd need drive space. There have been quite a few advancements though for controlling blockchain growth.
<enamon> a node though but you'd need drive space. There have been quite a few advancements though for controlling blockchain growth.
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Nov 15 16:40:27 <enamon> Right now it's more expensive to transact BTC than it is to run a node unfortunately
Nov 15 16:40:27 <enamon> Right now it's more expensive to transact BTC than it is to run a node unfortunately
Nov 15 16:40:36 * JenElizabeth ([email protected]) has joined #bitcoincash
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Nov 15 16:40:45 Nov 15 16:40:45 <cberg> oh god munchee, you triggered the /r/btc talking points reflex
<cberg> oh god munchee, you triggered the /r/btc talking points reflex
Nov 15 16:41:12 Nov 15 16:41:12 <enamon> I'm curious how all this will work with the Lightning Network though. A lot of people run nodes. How many will run LN hubs?
<enamon> I'm curious how all this will work with the Lightning Network though. A lot of people run nodes. How many will run LN hubs?
Nov 15 16:41:14 Nov 15 16:41:14 <dw1> and the anti talking point reflex
<dw1> and the anti talking point reflex
Nov 15 16:41:21 Nov 15 16:41:21 <dw1> #viciouscircle
<dw1> #viciouscircle
Nov 15 16:41:46 Nov 15 16:41:46 <enamon> Lightning Network would work better on BCH anyway since opening and closing channels is a lot faster and cheaper.
<enamon> Lightning Network would work better on BCH anyway since opening and closing channels is a lot faster and cheaper.
Nov 15 16:42:05 Nov 15 16:42:05 <dw1> fo sho
<dw1> fo sho
Nov 15 16:42:10 Nov 15 16:42:10 <dw1> nothing about a 1MB limit makes sense
<dw1> nothing about a 1MB limit makes sense
Nov 15 16:42:36 * RainMan28-[away] is now known as RainMan28
Nov 15 16:42:36 * RainMan28-[away] is now known as RainMan28
Nov 15 16:42:41 Nov 15 16:42:41 <dw1> other than they're scared to fork
<dw1> other than they're scared to fork
Nov 15 16:42:52 <enamon> Plus BCH is not averse to protocol upgrades using hard forks. So less worrying about backwards compatibility. And security updates can be done quite fast.
Nov 15 16:42:52 <enamon> Plus BCH is not averse to protocol upgrades using hard forks. So less worrying about backwards compatibility. And security updates can be done quite fast.
Nov 15 16:42:56 Nov 15 16:42:56 <cberg> that's why the limit is now at a 3.8MB theoretical max, and a ~2MB practical limit
<cberg> that's why the limit is now at a 3.8MB theoretical max, and a ~2MB practical limit
Nov 15 16:43:34 <cberg> oh wait, I forgot, you guys don't even understand that aspect of segwit
Nov 15 16:43:34 <cberg> oh wait, I forgot, you guys don't even understand that aspect of segwit
Nov 15 16:43:44 <cberg> for you it's not really a block size increase
Nov 15 16:43:44 <cberg> for you it's not really a block size increase
Nov 15 16:43:47 <cberg> because reasons
Nov 15 16:43:47 <cberg> because reasons
Nov 15 16:43:49 Nov 15 16:43:49 <dw1> they could do the block size AND a proper competitive difficulty adjustment in one fork
<dw1> they could do the block size AND a proper competitive difficulty adjustment in one fork
Nov 15 16:43:50 Nov 15 16:43:50 <enamon> cberg: exactly. And Core/Blockstream were arguing vehemently that 2MB was a huge centralization risk
<enamon> cberg: exactly. And Core/Blockstream were arguing vehemently that 2MB was a huge centralization risk
Nov 15 16:44:10 <enamon> 3.8MB is theoretical max if you stuff the block full of witness data
Nov 15 16:44:10 <enamon> 3.8MB is theoretical max if you stuff the block full of witness data
Nov 15 16:44:11 <cberg> no they did not
Nov 15 16:44:11 <cberg> no they did not
Nov 15 16:44:25 Nov 15 16:44:25 <cberg> your Bitcoin Classic example came with a 20MB limit
<cberg> your Bitcoin Classic example came with a 20MB limit
Nov 15 16:44:27 Nov 15 16:44:27 <cberg> not a 2MB limit
<cberg> not a 2MB limit
Nov 15 16:44:30 Nov 15 16:44:30 <cberg> get your facts straight
<cberg> get your facts straight
Nov 15 16:44:31 Nov 15 16:44:31 <enamon> Yes they did. That was the biggest argument against Bitcoin Classic
<enamon> Yes they did. That was the biggest argument against Bitcoin Classic
Nov 15 16:44:39 Nov 15 16:44:39 <cberg> everything you say is basically wrong enamon
<cberg> everything you say is basically wrong enamon
Nov 15 16:44:41 Nov 15 16:44:41 <cberg> it's crazy
<cberg> it's crazy
Nov 15 16:44:50 Nov 15 16:44:50 <dw1> 3.8MB ought to be enough for anybody
<dw1> 3.8MB ought to be enough for anybody
Nov 15 16:45:09 Nov 15 16:45:09 <dw1> screw exponential growth
<dw1> screw exponential growth
Nov 15 16:45:22 Nov 15 16:45:22 <enamon> Bitcoin Classic had a 2MB limit.
<enamon> Bitcoin Classic had a 2MB limit.
Nov 15 16:45:54 Nov 15 16:45:54 <cberg> right, but XT (with Classic only being a rebranding after XT failed) had a 20MB limit
<cberg> right, but XT (with Classic only being a rebranding after XT failed) had a 20MB limit
Nov 15 16:45:57 Nov 15 16:45:57 <enamon> Emergent Consensus had 20MB. Bitcoin Classic finally adopted Emergent Consensus instead sometime in 2016 after the Hong Kong Agreement killed adoption
<enamon> Emergent Consensus had 20MB. Bitcoin Classic finally adopted Emergent Consensus instead sometime in 2016 after the Hong Kong Agreement killed adoption
Nov 15 16:45:59 Nov 15 16:45:59 <cberg> and that was the argument about
<cberg> and that was the argument about
Nov 15 16:46:20 Nov 15 16:46:20 <cberg> core always said 2MB was acceptable, but the hard fork risk does not justify doing it
<cberg> core always said 2MB was acceptable, but the hard fork risk does not justify doing it
Nov 15 16:46:27 Nov 15 16:46:27 <cberg> so they did it as a soft fork, with segwit
<cberg> so they did it as a soft fork, with segwit
Nov 15 16:46:30 Nov 15 16:46:30 <cberg> as a bonus basically
<cberg> as a bonus basically
Nov 15 16:46:40 Nov 15 16:46:40 <cberg> and now you iditios keep ignoring this
<cberg> and now you iditios keep ignoring this
Nov 15 16:46:42 Nov 15 16:46:42 <cberg> somehow
<cberg> somehow
Nov 15 16:46:56 Nov 15 16:46:56 <dw1> well they have a reason to fork now anyway so there's no need to worry
<dw1> well they have a reason to fork now anyway so there's no need to worry
Nov 15 16:47:14 Nov 15 16:47:14 <dw1> not doing a difficulty adjustment is ignorant
<dw1> not doing a difficulty adjustment is ignorant
Nov 15 16:47:18 <enamon> Core was fighting 2MB tooth and nail
Nov 15 16:47:18 <enamon> Core was fighting 2MB tooth and nail
Nov 15 16:47:22 Nov 15 16:47:22 <enamon> https://btcmanager.com/bitcoin-classic-the-2mb-patch-for-bitcoin-core-gains-momentum/
<enamon> https://btcmanager.com/bitcoin-classic-the-2mb-patch-for-bitcoin-core-gains-momentum/
Nov 15 16:47:32 <cberg> they fought Bitcoin Classic, not 2MB
Nov 15 16:47:32 <cberg> they fought Bitcoin Classic, not 2MB
Nov 15 16:47:42 Nov 15 16:47:42 <cberg> because Classic was a reckless approach
<cberg> because Classic was a reckless approach
Nov 15 16:47:44 <enamon> Bitcoin Classic was 2MB.
Nov 15 16:47:44 <enamon> Bitcoin Classic was 2MB.
Nov 15 16:47:52 Nov 15 16:47:52 <cberg> you still don't get it do you
<cberg> you still don't get it do you
Nov 15 16:47:54 Nov 15 16:47:54 <enamon> It was not a reckless approach.
<enamon> It was not a reckless approach.
Nov 15 16:48:03 Nov 15 16:48:03 <cberg> it's like talking to a fucking cactus
<cberg> it's like talking to a fucking cactus
Nov 15 16:48:11 Nov 15 16:48:11 <dw1> just let Core users suffer
<dw1> just let Core users suffer
Nov 15 16:48:21 Nov 15 16:48:21 <dw1> every time hash rate moves
<dw1> every time hash rate moves
Nov 15 16:48:25 Nov 15 16:48:25 <enamon> I get it. You forget your talking points. And you've been proven wrong. I've shown you that Bitcoin Classic was a client that, with enough consensus, would have raised the blocksize to 2MB.
<enamon> I get it. You forget your talking points. And you've been proven wrong. I've shown you that Bitcoin Classic was a client that, with enough consensus, would have raised the blocksize to 2MB.
Nov 15 16:48:33 Nov 15 16:48:33 <dw1> market will decide
<dw1> market will decide
Nov 15 16:48:37 <enamon> cberg: Read the link I posted
Nov 15 16:48:37 <enamon> cberg: Read the link I posted
Nov 15 16:48:50 Nov 15 16:48:50 <cberg> I don't read your link
<cberg> I don't read your link
Nov 15 16:48:54 Nov 15 16:48:54 <cberg> need to*
<cberg> need to*
Nov 15 16:49:20 Nov 15 16:49:20 <enamon> Hahahaha
<enamon> Hahahaha
Nov 15 16:49:26 Nov 15 16:49:26 <enamon> Ok fine. You're right. You're a troll.
<enamon> Ok fine. You're right. You're a troll.
Nov 15 16:49:31 <enamon> I forgot.
Nov 15 16:49:31 <enamon> I forgot.
Nov 15 16:49:34 Nov 15 16:49:34 <sturles> enamon: It was not the block size increase, it was the way it was done. A 4 MB block of segwit transactions take only a fraction of the time to validate as a full 1 MB block of the old transaction type.
<sturles> enamon: It was not the block size increase, it was the way it was done. A 4 MB block of segwit transactions take only a fraction of the time to validate as a full 1 MB block of the old transaction type.
Nov 15 16:49:51 Nov 15 16:49:51 <cberg> sturles: I already told him that, don't waste your time
<cberg> sturles: I already told him that, don't waste your time
Nov 15 16:50:17 Nov 15 16:50:17 <enamon> Haha cberg, stop taking credit for something you didn't write
<enamon> Haha cberg, stop taking credit for something you didn't write
Nov 15 16:50:34 Nov 15 16:50:34 <cberg> stop writing haha it makes you look even more immature than you already are
<cberg> stop writing haha it makes you look even more immature than you already are
Nov 15 16:52:49 Nov 15 16:52:49 <dw1> is validation the main bottleneck
<dw1> is validation the main bottleneck
Nov 15 16:52:59 Nov 15 16:52:59 <dw1> 10 mins should be enough time
<dw1> 10 mins should be enough time
Nov 15 16:53:12 <enamon> sturtles: It was the blocksize increase initially. First criticism was network propagation. That was disporven. Then it was blockchain growth. That was disproven (since SegWit is worse in this case). Then it was Quadratic Hashing which Bitcoin Classic avoided using the transaction ID for signing.
Nov 15 16:53:12 <enamon> sturtles: It was the blocksize increase initially. First criticism was network propagation. That was disporven. Then it was blockchain growth. That was disproven (since SegWit is worse in this case). Then it was Quadratic Hashing which Bitcoin Classic avoided using the transaction ID for signing.
Nov 15 16:53:29 Nov 15 16:53:29 <cberg> nothing was "disproven"
<cberg> nothing was "disproven"
Nov 15 16:53:35 Nov 15 16:53:35 <sturles> dw1: IBD has been the main bottleneck since 2011-ish.
<sturles> dw1: IBD has been the main bottleneck since 2011-ish.
Nov 15 16:54:10 Nov 15 16:54:10 <sturles> enamon: Block size propagation was fixed by compact blocks, not disproven.
<sturles> enamon: Block size propagation was fixed by compact blocks, not disproven.
Nov 15 16:54:33 Nov 15 16:54:33 <dw1> why hasn't anyone implementing pruning from the whitepaper
<dw1> why hasn't anyone implementing pruning from the whitepaper
Nov 15 16:54:34 Nov 15 16:54:34 <dw1> too hard?
<dw1> too hard?
Nov 15 16:55:01 Nov 15 16:55:01 <dw1> implemented*
<dw1> implemented*
Nov 15 16:55:08 Nov 15 16:55:08 <dw1> if i can do that.. i can win the cryptowars
<dw1> if i can do that.. i can win the cryptowars
Nov 15 16:55:33 <enamon> sturles: It wasn't a big issue since, iirc, most miners used to use the Bitcoin Relay Network for a while. Then came uh...
Nov 15 16:55:33 <enamon> sturles: It wasn't a big issue since, iirc, most miners used to use the Bitcoin Relay Network for a while. Then came uh...
Nov 15 16:56:46 Nov 15 16:56:46 <enamon> Flexible Transaction, iirc. Then Compact Blocks.
<enamon> Flexible Transaction, iirc. Then Compact Blocks.
Nov 15 16:57:10 Nov 15 16:57:10 <sturles> What is "Flexible Transaction"?
<sturles> What is "Flexible Transaction"?
Nov 15 16:57:13 <enamon> Now I think Graphene is being worked on which may make block propagation even faster
Nov 15 16:57:13 <enamon> Now I think Graphene is being worked on which may make block propagation even faster
Nov 15 16:57:51 Nov 15 16:57:51 <enamon> Bitcoin Classic's answer to the block propagation problem so if miners didn't want to use the Bitcoin Relay Network they could use that instead
<enamon> Bitcoin Classic's answer to the block propagation problem so if miners didn't want to use the Bitcoin Relay Network they could use that instead
Nov 15 16:58:03 Nov 15 16:58:03 <enamon> Compact Blocks came out soon after too
<enamon> Compact Blocks came out soon after too
Nov 15 16:58:06 Nov 15 16:58:06 <dw1> buy the dip before the breakout to ATH
<dw1> buy the dip before the breakout to ATH
Nov 15 16:58:08 <sturles> And no, "Classic" did not make any incompatible changes to transaction validation.
Nov 15 16:58:08 <sturles> And no, "Classic" did not make any incompatible changes to transaction validation.
Nov 15 16:58:24 Nov 15 16:58:24 <dw1> consolidation period almost over
<dw1> consolidation period almost over
Nov 15 16:58:47 Nov 15 16:58:47 <sturles> Bitcoin Classic had something called "thin blocks", which is buggy as heck. You must switch it off to make the node stable.
<sturles> Bitcoin Classic had something called "thin blocks", which is buggy as heck. You must switch it off to make the node stable.
Nov 15 16:59:12 Nov 15 16:59:12 <sturles> It is even proven to be wrong. It makes mistakes.
<sturles> It is even proven to be wrong. It makes mistakes.
Nov 15 17:00:29 Nov 15 17:00:29 <enamon> sturles: Yeah I think Flex Trans came from Unlimited and they had asserts that could be triggered by malformed messages.
<enamon> sturles: Yeah I think Flex Trans came from Unlimited and they had asserts that could be triggered by malformed messages.
Nov 15 17:00:35 Nov 15 17:00:35 <enamon> Which is why code review is always good
<enamon> Which is why code review is always good
Nov 15 17:00:50 Nov 15 17:00:50 <enamon> But that said, block propagation was not a huge problem
<enamon> But that said, block propagation was not a huge problem
Nov 15 17:01:07 <sturles> I have never heard about "Flex Trans".
Nov 15 17:01:07 <sturles> I have never heard about "Flex Trans".
Nov 15 17:01:25 Nov 15 17:01:25 <sturles> It has certainly not been up in any hard fork debate.
<sturles> It has certainly not been up in any hard fork debate.
Nov 15 17:01:27 Nov 15 17:01:27 <cberg> "was not a huge problem"? because of all the half-baked things you just mentioned?
<cberg> "was not a huge problem"? because of all the half-baked things you just mentioned?
Nov 15 17:01:44 Nov 15 17:01:44 <enamon> sturles: https://bitcoinclassic.com/devel/Flexible%20Transactions.html
<enamon> sturles: https://bitcoinclassic.com/devel/Flexible%20Transactions.html
Nov 15 17:02:23 Nov 15 17:02:23 <cberg> all these alternative approaches and solutions from XT, Classic and BUT have proven to be half-baked and ill-conveived and outright exploitable
<cberg> all these alternative approaches and solutions from XT, Classic and BUT have proven to be half-baked and ill-conveived and outright exploitable
Nov 15 17:02:32 <sturles> And I think everyone, except for some very few fanatics, think a hard fork just to change a single but important economic parameter, without fixing any of the known bugs or make any other improvements, is just stupid.
Nov 15 17:02:32 <sturles> And I think everyone, except for some very few fanatics, think a hard fork just to change a single but important economic parameter, without fixing any of the known bugs or make any other improvements, is just stupid.
Nov 15 17:02:40 Nov 15 17:02:40 <sturles> It is just hostile.
<sturles> It is just hostile.
Nov 15 17:03:18 <dw1> they need a DAA now anyway
Nov 15 17:03:18 <dw1> they need a DAA now anyway
Nov 15 17:03:22 Nov 15 17:03:22 <dw1> put it on the list
<dw1> put it on the list
Nov 15 17:03:30 Nov 15 17:03:30 <enamon> I disagree that it's hostile. But the blocksize issue has been around since 2013. There have been years for code to come out. That's what part of the Hong Kong Agreement was - for Core to come out with 2MB HF code
<enamon> I disagree that it's hostile. But the blocksize issue has been around since 2013. There have been years for code to come out. That's what part of the Hong Kong Agreement was - for Core to come out with 2MB HF code
Nov 15 17:03:49 Nov 15 17:03:49 <dw1> how many angry users will there be next time
<dw1> how many angry users will there be next time
Nov 15 17:03:50 <sturles> enamon: This "Flex Trans" thing doesn't seem to have anything to do with block size or propagation?
Nov 15 17:03:50 <sturles> enamon: This "Flex Trans" thing doesn't seem to have anything to do with block size or propagation?
Nov 15 17:03:51 <cberg> oh god, the hong kong agreement bullshit again
Nov 15 17:03:51 <cberg> oh god, the hong kong agreement bullshit again
Nov 15 17:03:51 Nov 15 17:03:51 <enamon> A ton of things could have been added to the hard fork and tested for at least a year
<enamon> A ton of things could have been added to the hard fork and tested for at least a year
Nov 15 17:04:11 <sturles> enamon: They did.
Nov 15 17:04:11 <sturles> enamon: They did.
Nov 15 17:04:17 Nov 15 17:04:17 <enamon> sturles: That was about the quadrtic hashing problem
<enamon> sturles: That was about the quadrtic hashing problem
Nov 15 17:04:41 Nov 15 17:04:41 <enamon> sturles: They didn't. Luke Dashjr ended up releasing some half-baked code that would have decreased the blocksize to 300kb initially
<enamon> sturles: They didn't. Luke Dashjr ended up releasing some half-baked code that would have decreased the blocksize to 300kb initially
Nov 15 17:05:00 <enamon> There were 4 years to get this resolved.
Nov 15 17:05:00 <enamon> There were 4 years to get this resolved.
Nov 15 17:05:02 Nov 15 17:05:02 <cberg> oh look, enamon learnt a new word
<cberg> oh look, enamon learnt a new word
Nov 15 17:05:59 Nov 15 17:05:59 <sturles> enamon: First of all, "Core" is a loosely connected group of more than a hundred people. Nobody speaks on behalf of "Core" or Bitcoin. I think three developers were in Hong Kong, and they have done a lot of research about how to make a safe hard fork.
<sturles> enamon: First of all, "Core" is a loosely connected group of more than a hundred people. Nobody speaks on behalf of "Core" or Bitcoin. I think three developers were in Hong Kong, and they have done a lot of research about how to make a safe hard fork.
Nov 15 17:06:06 Nov 15 17:06:06 <sturles> We know how to do it.
<sturles> We know how to do it.
Nov 15 17:06:29 Nov 15 17:06:29 <enamon> There are only something like 8 main devs and a good chunk of them are paid by Blockstream.
<enamon> There are only something like 8 main devs and a good chunk of them are paid by Blockstream.
Nov 15 17:06:37 Nov 15 17:06:37 <enamon> That's why Adam Back was there
<enamon> That's why Adam Back was there
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Nov 15 17:07:15 Nov 15 17:07:15 <sturles> The miners didn't uphold their part of the agreement. The deveopers in Hong Kong agreed to decelop, not to make a coup and force it into any Bitcoin node software.
<sturles> The miners didn't uphold their part of the agreement. The deveopers in Hong Kong agreed to decelop, not to make a coup and force it into any Bitcoin node software.
Nov 15 17:07:22 Nov 15 17:07:22 <enamon> Back then he was second in command of Blockstream. He's now CEO. He's not even a Bitcoin dev. He just signs their checks. He does know cryptography but he and Greg Maxwell (Blockstream CTO) were initial Bitcoin skeptics
<enamon> Back then he was second in command of Blockstream. He's now CEO. He's not even a Bitcoin dev. He just signs their checks. He does know cryptography but he and Greg Maxwell (Blockstream CTO) were initial Bitcoin skeptics
Nov 15 17:07:38 <cberg> lol
Nov 15 17:07:38 <cberg> lol
Nov 15 17:07:42 <cberg> this is getting funny
Nov 15 17:07:42 <cberg> this is getting funny
Nov 15 17:07:44 Nov 15 17:07:44 <sturles> Chaincode Labs pay more full time developers than Blockstream do.
<sturles> Chaincode Labs pay more full time developers than Blockstream do.
Nov 15 17:07:47 Nov 15 17:07:47 <enamon> Miners upheld their part of the agreement. They only ran Core software
<enamon> Miners upheld their part of the agreement. They only ran Core software
Nov 15 17:08:07 Nov 15 17:08:07 <sturles> They didn't activate Segwit.
<sturles> They didn't activate Segwit.
Nov 15 17:08:44 Nov 15 17:08:44 <enamon> The agreement was not to activate SegWit
<enamon> The agreement was not to activate SegWit
Nov 15 17:08:48 Nov 15 17:08:48 <enamon> The agreement was to not run Bitcoin Classic
<enamon> The agreement was to not run Bitcoin Classic
Nov 15 17:09:25 Nov 15 17:09:25 <cberg> oh god, so many agreements
<cberg> oh god, so many agreements
Nov 15 17:09:25 Nov 15 17:09:25 <sturles> I think the agreement was pointless.
<sturles> I think the agreement was pointless.
Nov 15 17:09:37 Nov 15 17:09:37 <cberg> who is going to keep track of all these agreements
<cberg> who is going to keep track of all these agreements
Nov 15 17:10:06 Nov 15 17:10:06 <enamon> https://medium.com/@bitcoinroundtable/bitcoin-roundtable-consensus-266d475a61ff
<enamon> https://medium.com/@bitcoinroundtable/bitcoin-roundtable-consensus-266d475a61ff
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Nov 15 17:10:23 Nov 15 17:10:23 <enamon> "We will run a SegWit release in production by the time such a hard-fork is released in a version of Bitcoin Core."
<enamon> "We will run a SegWit release in production by the time such a hard-fork is released in a version of Bitcoin Core."
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Nov 15 17:10:42 Nov 15 17:10:42 <cberg> the only thing that counts in Bitcoin is the technical merit of a proposal. agreements are just farces used by bullshiter to push their bullshit
<cberg> the only thing that counts in Bitcoin is the technical merit of a proposal. agreements are just farces used by bullshiter to push their bullshit
Nov 15 17:11:01 Nov 15 17:11:01 <cberg> as shown by NYA, again
<cberg> as shown by NYA, again
Nov 15 17:11:03 Nov 15 17:11:03 <enamon> cberg: I agree with you there
<enamon> cberg: I agree with you there
Nov 15 17:11:20 Nov 15 17:11:20 <enamon> And BCH code seems to be working pretty well
<enamon> And BCH code seems to be working pretty well
Nov 15 17:11:35 <sturles> By the time means before, right?
Nov 15 17:11:35 <sturles> By the time means before, right?
Nov 15 17:12:47 Nov 15 17:12:47 <enamon> "We will only run Bitcoin Core-compatible consensus systems, eventually containing both SegWit and the hard-fork, in production, for the foreseeable future."
<enamon> "We will only run Bitcoin Core-compatible consensus systems, eventually containing both SegWit and the hard-fork, in production, for the foreseeable future."
Nov 15 17:13:13 <enamon> No, "by-the-time" meaning when it comes out. SegWit code wasn't out yet back then
Nov 15 17:13:13 <enamon> No, "by-the-time" meaning when it comes out. SegWit code wasn't out yet back then
Nov 15 17:13:41 Nov 15 17:13:41 <enamon> The agreement was signed on February 21st, 2016. SegWit was released in November 2016, iirc.
<enamon> The agreement was signed on February 21st, 2016. SegWit was released in November 2016, iirc.
Nov 15 17:14:32 Nov 15 17:14:32 <sturles> "If there is strong community support, the hard-fork activation will likely happen around July 2017."
<sturles> "If there is strong community support, the hard-fork activation will likely happen around July 2017."
Nov 15 17:14:48 Nov 15 17:14:48 <sturles> Problem is: There were no strong community support.
<sturles> Problem is: There were no strong community support.
Nov 15 17:15:01 Nov 15 17:15:01 <enamon> There was no hard fork code
<enamon> There was no hard fork code
Nov 15 17:15:04 Nov 15 17:15:04 <cberg> enamon do you know wha miners are being such a pain in the ass? they're doing all of this intentionally to fabricate drama, because they're afraid that the Bitcoin mining market will become too attractive to big chip makers to ignore. they are protecting their cash cow by artificially making it look sick
<cberg> enamon do you know wha miners are being such a pain in the ass? they're doing all of this intentionally to fabricate drama, because they're afraid that the Bitcoin mining market will become too attractive to big chip makers to ignore. they are protecting their cash cow by artificially making it look sick
Nov 15 17:15:08 Nov 15 17:15:08 <enamon> Except for the 300kb Blocksize decrease
<enamon> Except for the 300kb Blocksize decrease
Nov 15 17:15:16 Nov 15 17:15:16 <sturles> Perhaps it would have been possible to gather the support, if the miners werent seabotaging everything.
<sturles> Perhaps it would have been possible to gather the support, if the miners werent seabotaging everything.
Nov 15 17:15:31 Nov 15 17:15:31 <sturles> Instead the miners made everyone turn against them.
<sturles> Instead the miners made everyone turn against them.
Nov 15 17:15:41 <enamon> Miners werent sabotaging anyhing. There was no hard fork code
Nov 15 17:15:41 <enamon> Miners werent sabotaging anyhing. There was no hard fork code
Nov 15 17:15:55 Nov 15 17:15:55 <sturles> LOL!
<sturles> LOL!
Nov 15 17:16:02 Nov 15 17:16:02 <enamon> "The code for the hard-fork will therefore be available by July 2016."
<enamon> "The code for the hard-fork will therefore be available by July 2016."
Nov 15 17:16:02 Nov 15 17:16:02 <cberg> just looks at everything that is happening under the perspective I just laid out enamon
<cberg> just looks at everything that is happening under the perspective I just laid out enamon
Nov 15 17:16:06 Nov 15 17:16:06 <dw1> miners just want profits. no conspiracy
<dw1> miners just want profits. no conspiracy
Nov 15 17:16:06 Nov 15 17:16:06 <cberg> it all will make so much more sense
<cberg> it all will make so much more sense
Nov 15 17:16:08 Nov 15 17:16:08 <sturles> Miners were holding back segwit for almost a year.
<sturles> Miners were holding back segwit for almost a year.
Nov 15 17:16:23 Nov 15 17:16:23 <enamon> Miners didnt care about SegWit
<enamon> Miners didnt care about SegWit
Nov 15 17:16:35 Nov 15 17:16:35 <sturles> There was plenty hard fork code, but no support for it.
<sturles> There was plenty hard fork code, but no support for it.
Nov 15 17:16:44 Nov 15 17:16:44 <enamon> sturles: Got a BIP for that?
<enamon> sturles: Got a BIP for that?
Nov 15 17:16:52 <sturles> And again: No dictator which can force anything into Bitcoin.
Nov 15 17:16:52 <sturles> And again: No dictator which can force anything into Bitcoin.
Nov 15 17:17:00 Nov 15 17:17:00 <enamon> They specifically wanted Core-written hard fork code
<enamon> They specifically wanted Core-written hard fork code
Nov 15 17:17:29 Nov 15 17:17:29 <sturles> BCH has a CEO and full centralized governance. Bitcoin Core3 is a widely distributed cooperation..
<sturles> BCH has a CEO and full centralized governance. Bitcoin Core3 is a widely distributed cooperation..
Nov 15 17:18:00 Nov 15 17:18:00 <sturles> And the developers in the meeting wrote the code.
<sturles> And the developers in the meeting wrote the code.
Nov 15 17:18:02 Nov 15 17:18:02 <enamon> Wait what>
<enamon> Wait what>
Nov 15 17:18:09 Nov 15 17:18:09 <enamon> BCH does not have a CEO and no governance
<enamon> BCH does not have a CEO and no governance
Nov 15 17:18:14 Nov 15 17:18:14 <sturles> But they can't force it into Bitcoin Core.
<sturles> But they can't force it into Bitcoin Core.
Nov 15 17:18:20 <enamon> Are you talking about the Falkvinge joke?
Nov 15 17:18:20 <enamon> Are you talking about the Falkvinge joke?
Nov 15 17:18:43 Nov 15 17:18:43 <enamon> BCH has three different clients (ABC, XT, and Unlimited) and many different devs
<enamon> BCH has three different clients (ABC, XT, and Unlimited) and many different devs
Nov 15 17:18:45 <enamon> No CEO
Nov 15 17:18:45 <enamon> No CEO
Nov 15 17:18:49 Nov 15 17:18:49 <sturles> https://falkvinge.net/wp-content/uploads/2017/11/letter-from-the-ceo.pdf
<sturles> https://falkvinge.net/wp-content/uploads/2017/11/letter-from-the-ceo.pdf
Nov 15 17:18:54 Nov 15 17:18:54 <enamon> Where'd you get the idea BCH has a CEO?
<enamon> Where'd you get the idea BCH has a CEO?
Nov 15 17:18:59 Nov 15 17:18:59 <sturles> ^
<sturles> ^
Nov 15 17:20:15 Nov 15 17:20:15 <enamon> sturles: Did you read it? Specifically this part:
<enamon> sturles: Did you read it? Specifically this part:
Nov 15 17:20:19 Nov 15 17:20:19 <enamon> "Bitcoin Cash is a meta-organization composed of
<enamon> "Bitcoin Cash is a meta-organization composed of
Nov 15 17:20:21 Nov 15 17:20:21 <enamon> many different development teams. The Bitcoin Cash organization has no titles other
<enamon> many different development teams. The Bitcoin Cash organization has no titles other
Nov 15 17:20:23 <enamon> than those which we make up for fun in the spur of the moment, or to make fun of the
Nov 15 17:20:23 <enamon> than those which we make up for fun in the spur of the moment, or to make fun of the
Nov 15 17:20:25 Nov 15 17:20:25 <enamon> organizations of the old world that care for titles
<enamon> organizations of the old world that care for titles
Nov 15 17:20:27 <enamon> "
Nov 15 17:20:27 <enamon> "
Nov 15 17:20:45 Nov 15 17:20:45 <dw1> trolled
<dw1> trolled
Nov 15 17:20:51 Nov 15 17:20:51 <enamon> Him calling himself "CEO" is a joke. Just like how I can call myself "President of BCH"
<enamon> Him calling himself "CEO" is a joke. Just like how I can call myself "President of BCH"
Nov 15 17:20:59 Nov 15 17:20:59 <sturles> Nah, I read a couple of paragraphs and scrolled down to the bottom.
<sturles> Nah, I read a couple of paragraphs and scrolled down to the bottom.
Nov 15 17:21:00 Nov 15 17:21:00 * enamon is now the President of Bitcoin Cash.
* enamon is now the President of Bitcoin Cash.
Nov 15 17:21:38 Nov 15 17:21:38 <enamon> Well anyway, it's a joke. For example...
<enamon> Well anyway, it's a joke. For example...
Nov 15 17:21:45 Nov 15 17:21:45 <munchee> what is consolidatin period
<munchee> what is consolidatin period
Nov 15 17:21:47 Nov 15 17:21:47 * enamon declares sturles to be President of Bitcoin Cash
* enamon declares sturles to be President of Bitcoin Cash
Nov 15 17:22:41 Nov 15 17:22:41 <sturles> Still: BCH has already forked, because they couldn't agree on a simple change. It is a joke. The letter has the same level of seriousness as BCH itself.
<sturles> Still: BCH has already forked, because they couldn't agree on a simple change. It is a joke. The letter has the same level of seriousness as BCH itself.
Nov 15 17:23:10 Nov 15 17:23:10 <enamon> sturles: It's not that kind of fork. They all agreed on the change. The fork was a protocol upgrade. There was no chainsplit.
<enamon> sturles: It's not that kind of fork. They all agreed on the change. The fork was a protocol upgrade. There was no chainsplit.
Nov 15 17:23:33 Nov 15 17:23:33 <cberg> it's good that you can all joke about yourselves enamon. doesn't change anything though
<cberg> it's good that you can all joke about yourselves enamon. doesn't change anything though
Nov 15 17:23:36 Nov 15 17:23:36 <sturles> Huh? The other side of the fork has already mined several blocks.
<sturles> Huh? The other side of the fork has already mined several blocks.
Nov 15 17:23:46 Nov 15 17:23:46 <enamon> It's a hard fork because old nodes need to be updated to see the new chain. This also avoids the risk of a reorg
<enamon> It's a hard fork because old nodes need to be updated to see the new chain. This also avoids the risk of a reorg
Nov 15 17:23:53 Nov 15 17:23:53 <enamon> sturles: Got a source for that?
<enamon> sturles: Got a source for that?
Nov 15 17:24:06 Nov 15 17:24:06 <sturles> This channel earlier today. :-)
<sturles> This channel earlier today. :-)
Nov 15 17:24:49 Nov 15 17:24:49 <enamon> Don't see anything
<enamon> Don't see anything
Nov 15 17:25:04 Nov 15 17:25:04 <enamon> Unless you're talking about some random site someone put up called Bitcoin Cash Plus
<enamon> Unless you're talking about some random site someone put up called Bitcoin Cash Plus
Nov 15 17:25:18 <enamon> Which isn't even a fork of anything. There's no code or anything
Nov 15 17:25:18 <enamon> Which isn't even a fork of anything. There's no code or anything
Nov 15 17:25:38 Nov 15 17:25:38 <enamon> The BCH hard fork on November 13 was a protocol upgrade. Like Monero has. And other cryptos.
<enamon> The BCH hard fork on November 13 was a protocol upgrade. Like Monero has. And other cryptos.
Nov 15 17:25:38 Nov 15 17:25:38 <sturles> 20:04 < achow101> another bcash classic block was mined
<sturles> 20:04 < achow101> another bcash classic block was mined
Nov 15 17:26:21 Nov 15 17:26:21 <sturles> Monero and ETH has forced upgrades, so the old chain won't go on after the fork.
<sturles> Monero and ETH has forced upgrades, so the old chain won't go on after the fork.
Nov 15 17:26:36 Nov 15 17:26:36 <sturles> Which is why I stay away from them.
<sturles> Which is why I stay away from them.
Nov 15 17:26:48 Nov 15 17:26:48 <sturles> They can change everything at those points. It is not safe.
<sturles> They can change everything at those points. It is not safe.
Nov 15 17:27:05 Nov 15 17:27:05 <enamon> They're necessary for protocol updates and security fixes though
<enamon> They're necessary for protocol updates and security fixes though
Nov 15 17:27:13 <enamon> BTC had one in 2010 and one in 2013, iirc.
Nov 15 17:27:13 <enamon> BTC had one in 2010 and one in 2013, iirc.
Nov 15 17:27:15 <sturles> You shouldn't change the economic properties people invested in.
Nov 15 17:27:15 <sturles> You shouldn't change the economic properties people invested in.
Nov 15 17:27:19 <cberg> that's what Microsoft says too
Nov 15 17:27:19 <cberg> that's what Microsoft says too
Nov 15 17:27:32 Nov 15 17:27:32 <sturles> :-)
<sturles> :-)
Nov 15 17:27:47 Nov 15 17:27:47 * sturles goes to bed
* sturles goes to bed
Nov 15 17:28:34 Nov 15 17:28:34 <cberg> if there are no hard fought discussions about hard fork changes, then I don't want to be invested in your coin
<cberg> if there are no hard fought discussions about hard fork changes, then I don't want to be invested in your coin
Nov 15 17:28:41 Nov 15 17:28:41 <cberg> agreeing with sturles there
<cberg> agreeing with sturles there
Nov 15 17:29:06 Nov 15 17:29:06 <enamon> Wait, so you want all your hard forks to be contentious?
<enamon> Wait, so you want all your hard forks to be contentious?
Nov 15 17:29:41 Nov 15 17:29:41 <cberg> your reading comprehension sucks
<cberg> your reading comprehension sucks
Nov 15 17:30:42 <cberg> I'm also going to do other things now
Nov 15 17:30:42 <cberg> I'm also going to do other things now
Nov 15 17:30:45 Nov 15 17:30:45 <cberg> it has been amusing
<cberg> it has been amusing
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Nov 15 17:31:58 Nov 15 17:31:58 <dw1> genesis mining adding BCH https://twitter.com/BITCOlNCASH/status/930884158682886144
<dw1> genesis mining adding BCH https://twitter.com/BITCOlNCASH/status/930884158682886144
Nov 15 17:32:31 Nov 15 17:32:31 <enamon> Nice
<enamon> Nice
Nov 15 17:32:50 Nov 15 17:32:50 <enamon> BitPay put out an announcement regarding SegWit2X but no mention of BitcoinCash yet
<enamon> BitPay put out an announcement regarding SegWit2X but no mention of BitcoinCash yet
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Nov 15 19:55:19 Nov 15 19:55:19 <go1111111> which version of Core is bitcoin ABC based off of? and is there an easy way to see this on github?
<go1111111> which version of Core is bitcoin ABC based off of? and is there an easy way to see this on github?
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Nov 15 20:07:43 <go1111111> more specifically, does bitcoin cash have multi-wallet support? I can't get it to work..
Nov 15 20:07:43 <go1111111> more specifically, does bitcoin cash have multi-wallet support? I can't get it to work..
Nov 15 20:08:05 Nov 15 20:08:05 <go1111111> er, bitcoinABC specifically
<go1111111> er, bitcoinABC specifically
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Nov 15 20:40:44 Nov 15 20:40:44 <munchee> Consolidation is generally regarded as a period of indecision, which ends when the price of the asset moves above or below the prices in the trading pattern.
<munchee> Consolidation is generally regarded as a period of indecision, which ends when the price of the asset moves above or below the prices in the trading pattern.
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Nov 15 21:11:34 Nov 15 21:11:34 <munchee> bch drop
<munchee> bch drop
Nov 15 21:11:37 Nov 15 21:11:37 <munchee> drip drop
<munchee> drip drop
Nov 15 21:12:17 <munchee> heading to $300 fast
Nov 15 21:12:17 <munchee> heading to $300 fast
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Nov 15 22:06:55 Nov 15 22:06:55 <hinv> !cap
<hinv> !cap
Nov 15 22:07:03 Nov 15 22:07:03 <Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $19046378105.0 2636852.08046351 BTC, MoneySupply: 16804788.0, Price: $1133.39, 0.157683 BTC, Volume: $1266780000.0, 175377.77839308 BTC 1h: -3.9%, 24h: -10.99%, 7d: 80.07%
<Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $19046378105.0 2636852.08046351 BTC, MoneySupply: 16804788.0, Price: $1133.39, 0.157683 BTC, Volume: $1266780000.0, 175377.77839308 BTC 1h: -3.9%, 24h: -10.99%, 7d: 80.07%
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Nov 16 00:36:43 Nov 16 00:36:43 <dw1> munchee: BTC better hope so otherwise their users will get screwed again
<dw1> munchee: BTC better hope so otherwise their users will get screwed again
Nov 16 00:37:40 Nov 16 00:37:40 <dw1> i can understand why they're so insecure
<dw1> i can understand why they're so insecure
Nov 16 00:37:49 Nov 16 00:37:49 <dw1> that was the worst experience ever
<dw1> that was the worst experience ever
Nov 16 00:38:25 Nov 16 00:38:25 <dw1> and it's bad for all crypto
<dw1> and it's bad for all crypto
Nov 16 00:38:36 Nov 16 00:38:36 <dw1> but mostly BTC
<dw1> but mostly BTC
Nov 16 00:40:23 Nov 16 00:40:23 <dw1> too bad they're so weak with responding to issues with hard forks
<dw1> too bad they're so weak with responding to issues with hard forks
Nov 16 00:41:51 <dw1> "the species that survives is the one that is able to adapt to and to adjust best to the changing environment in which it finds itself" -Darwin
Nov 16 00:41:51 <dw1> "the species that survives is the one that is able to adapt to and to adjust best to the changing environment in which it finds itself" -Darwin
Nov 16 00:43:17 Nov 16 00:43:17 <dw1> now buy that BCH dip !
<dw1> now buy that BCH dip !
Nov 16 00:43:24 <dw1> :D
Nov 16 00:43:24 <dw1> :D
Nov 16 00:49:52 Nov 16 00:49:52 <dw1> apparently Coinomi only lets you go to 0.00005 fees :[
<dw1> apparently Coinomi only lets you go to 0.00005 fees :[
Nov 16 00:50:15 Nov 16 00:50:15 <dw1> but i did set it to 0.. i
<dw1> but i did set it to 0.. i
Nov 16 00:50:20 Nov 16 00:50:20 <dw1> i'll try 1 satoshi
<dw1> i'll try 1 satoshi
Nov 16 00:51:45 Nov 16 00:51:45 <dw1> yea 0.00005 min. confirmed fine :]
<dw1> yea 0.00005 min. confirmed fine :]
Nov 16 00:51:52 Nov 16 00:51:52 <dw1> yay $0.06 transfers
<dw1> yay $0.06 transfers
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Nov 16 01:44:29 Nov 16 01:44:29 <dw1> so if BCH ever results in a massive difficulty drop for BTC it should be quite profitable for miners to jump back onto BTC for 2 weeks to take advantage of super fast block times
<dw1> so if BCH ever results in a massive difficulty drop for BTC it should be quite profitable for miners to jump back onto BTC for 2 weeks to take advantage of super fast block times
Nov 16 01:44:34 Nov 16 01:44:34 <dw1> super BTC !
<dw1> super BTC !
Nov 16 01:45:17 Nov 16 01:45:17 <dw1> though i guess it would only last a week or less considering the increased speed
<dw1> though i guess it would only last a week or less considering the increased speed
Nov 16 01:50:51 Nov 16 01:50:51 <dw1> who's got the erratic blocktimes nao :D
<dw1> who's got the erratic blocktimes nao :D
Nov 16 02:07:16 Nov 16 02:07:16 <go1111111> anyone every been able to use BitcoinABC-cash to send a transaction before it was fully synced? It's not broadcasting my tx...
<go1111111> anyone every been able to use BitcoinABC-cash to send a transaction before it was fully synced? It's not broadcasting my tx...
Nov 16 02:35:42 Nov 16 02:35:42 <dw1> ¯\_(ツ)_/¯
<dw1> ¯\_(ツ)_/¯
Nov 16 02:35:47 <dw1> https://www.tradingview.com/x/Hk094QMJ/
Nov 16 02:35:47 <dw1> https://www.tradingview.com/x/Hk094QMJ/
Nov 16 02:35:53 <dw1> #buythedip
Nov 16 02:35:53 <dw1> #buythedip
Nov 16 03:19:16 Nov 16 03:19:16 <hinv> !cap
<hinv> !cap
Nov 16 03:19:18 <Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $18324299160.0 2468973.17238471 BTC, MoneySupply: 16804963.0, Price: $1090.41, 0.147294 BTC, Volume: $1433300000.0, 193119.48670341 BTC 1h: -1.47%, 24h: -16.08%, 7d: 73.31%
Nov 16 03:19:18 <Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $18324299160.0 2468973.17238471 BTC, MoneySupply: 16804963.0, Price: $1090.41, 0.147294 BTC, Volume: $1433300000.0, 193119.48670341 BTC 1h: -1.47%, 24h: -16.08%, 7d: 73.31%
Nov 16 03:36:20 Nov 16 03:36:20 <dw1> https://decentral.zendesk.com/hc/en-us/articles/115003360973-Bitcoin-Cash-BCH-launched-in-Jaxx
<dw1> https://decentral.zendesk.com/hc/en-us/articles/115003360973-Bitcoin-Cash-BCH-launched-in-Jaxx
Nov 16 03:39:24 Nov 16 03:39:24 <dw1> bitcoin 2013 ad https://pbs.twimg.com/media/DOnLavyW4AAjWMY.jpg:large
<dw1> bitcoin 2013 ad https://pbs.twimg.com/media/DOnLavyW4AAjWMY.jpg:large
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Nov 16 03:45:52 <dafuq> i swept a key into electron cash 2.9.3 earlier today, didn't know there was an update. sent it to another address. can see some confirmations on blockchair, but did i send it to the wrong chain?
Nov 16 03:45:52 <dafuq> i swept a key into electron cash 2.9.3 earlier today, didn't know there was an update. sent it to another address. can see some confirmations on blockchair, but did i send it to the wrong chain?
Nov 16 03:46:32 Nov 16 03:46:32 <dafuq> updated to 2.9.4 and it shows unconfirmed
<dafuq> updated to 2.9.4 and it shows unconfirmed
Nov 16 03:48:02 Nov 16 03:48:02 <dw1> could try sweeping into another wallet and trying again
<dw1> could try sweeping into another wallet and trying again
Nov 16 03:55:43 Nov 16 03:55:43 <dw1> btc whitepaper abstract: "... electronic cash ... benefits are lost if trusted third-party required to prevent double-spending ..." https://pbs.twimg.com/media/DOofzbTXUAAR5Iu.jpg
<dw1> btc whitepaper abstract: "... electronic cash ... benefits are lost if trusted third-party required to prevent double-spending ..." https://pbs.twimg.com/media/DOofzbTXUAAR5Iu.jpg
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Nov 16 04:42:17 <dw1> "There is no longer a consensus for a small block size limit since it has already served its purpose: avoid no-cost spam in the early blockchain"
Nov 16 04:42:17 <dw1> "There is no longer a consensus for a small block size limit since it has already served its purpose: avoid no-cost spam in the early blockchain"
Nov 16 04:45:43 <dw1> http://www.trustnodes.com/2017/11/09/can-now-accelerate-stuck-bitcoin-transaction-paying-bitcoin-cash
Nov 16 04:45:43 <dw1> http://www.trustnodes.com/2017/11/09/can-now-accelerate-stuck-bitcoin-transaction-paying-bitcoin-cash
Nov 16 04:45:46 Nov 16 04:45:46 <dw1> heh
<dw1> heh
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Nov 16 07:44:57 Nov 16 07:44:57 <Guest21184> transaction fee so too high to use the bitcoin
<Guest21184> transaction fee so too high to use the bitcoin
Nov 16 07:45:07 Nov 16 07:45:07 <Guest21184> why arent people shifting to the bitcoin cash
<Guest21184> why arent people shifting to the bitcoin cash
Nov 16 07:47:14 Nov 16 07:47:14 <Guest21184> time to dump
<Guest21184> time to dump
Nov 16 07:47:23 <Guest21184> before gets below 1000
Nov 16 07:47:23 <Guest21184> before gets below 1000
Nov 16 07:47:52 Nov 16 07:47:52 <Guest21184> then 900
<Guest21184> then 900
Nov 16 07:47:59 Nov 16 07:47:59 <Guest21184> 800
<Guest21184> 800
Nov 16 07:48:47 Nov 16 07:48:47 <Shigufurido> "people"
<Shigufurido> "people"
Nov 16 07:48:59 <Shigufurido> miners want high fees
Nov 16 07:48:59 <Shigufurido> miners want high fees
Nov 16 07:49:13 Nov 16 07:49:13 <Shigufurido> banksters dont care, they make huge transactions anyways
<Shigufurido> banksters dont care, they make huge transactions anyways
Nov 16 07:49:32 Nov 16 07:49:32 <Shigufurido> the people bitcoin was thought for are sad and shift to BHC probably
<Shigufurido> the people bitcoin was thought for are sad and shift to BHC probably
Nov 16 07:54:27 <dw1> yep
Nov 16 07:54:27 <dw1> yep
Nov 16 07:55:32 Nov 16 07:55:32 <dw1> BCH can survive without the miners now
<dw1> BCH can survive without the miners now
Nov 16 07:55:37 Nov 16 07:55:37 <dw1> well, with far less
<dw1> well, with far less
Nov 16 07:56:43 Nov 16 07:56:43 <dw1> doesn't need many really
<dw1> doesn't need many really
Nov 16 07:57:24 Nov 16 07:57:24 <dw1> idk are these currencies supposed to be 'investments' or just for transfers
<dw1> idk are these currencies supposed to be 'investments' or just for transfers
Nov 16 07:58:27 Nov 16 07:58:27 <dw1> may as well just peg the price at USD or whatever lol
<dw1> may as well just peg the price at USD or whatever lol
Nov 16 07:59:06 Nov 16 07:59:06 <dw1> but then politics and money printing affects them
<dw1> but then politics and money printing affects them
Nov 16 07:59:13 Nov 16 07:59:13 <dw1> ¯\_(ツ)_/¯
<dw1> ¯\_(ツ)_/¯
Nov 16 08:00:20 <dw1> that's why i had the idea to peg a cryptocurrency to a basket of currencies...
Nov 16 08:00:20 <dw1> that's why i had the idea to peg a cryptocurrency to a basket of currencies...
Nov 16 08:00:37 Nov 16 08:00:37 <dw1> or all the world's currencies
<dw1> or all the world's currencies
Nov 16 08:00:45 Nov 16 08:00:45 <dw1> that might be more stable
<dw1> that might be more stable
Nov 16 08:01:38 Nov 16 08:01:38 <dw1> could be better than http://www.imf.org/en/About/Factsheets/Sheets/2016/08/01/14/51/Special-Drawing-Right-SDR
<dw1> could be better than http://www.imf.org/en/About/Factsheets/Sheets/2016/08/01/14/51/Special-Drawing-Right-SDR
Nov 16 08:01:43 Nov 16 08:01:43 <dw1> which is based on 5
<dw1> which is based on 5
Nov 16 08:03:01 Nov 16 08:03:01 <dw1> but moneylovers will always speculate i guess no matter what you do
<dw1> but moneylovers will always speculate i guess no matter what you do
Nov 16 08:06:57 Nov 16 08:06:57 <munchee> peg it to number of toilet flushes per day
<munchee> peg it to number of toilet flushes per day
Nov 16 08:08:03 Nov 16 08:08:03 <munchee> how much will it cost for me to become bc miner
<munchee> how much will it cost for me to become bc miner
Nov 16 08:08:05 Nov 16 08:08:05 <munchee> b c h
<munchee> b c h
Nov 16 08:08:28 Nov 16 08:08:28 <Shigufurido> everyone wants to get rich
<Shigufurido> everyone wants to get rich
Nov 16 08:08:33 Nov 16 08:08:33 <dw1> 100 poops
<dw1> 100 poops
Nov 16 08:08:52 Nov 16 08:08:52 <dw1> true shitcoin
<dw1> true shitcoin
Nov 16 08:09:32 Nov 16 08:09:32 <Shigufurido> or proof of sake - only who can drink 10 bottles sake without falling over shall mine the coinz
<Shigufurido> or proof of sake - only who can drink 10 bottles sake without falling over shall mine the coinz
Nov 16 08:09:55 <munchee> lol
Nov 16 08:09:55 <munchee> lol
Nov 16 08:10:13 Nov 16 08:10:13 <munchee> everyone get together online to coordinate flushing
<munchee> everyone get together online to coordinate flushing
Nov 16 08:10:22 Nov 16 08:10:22 <munchee> flush and dump
<munchee> flush and dump
Nov 16 08:10:25 <munchee> or sump and flush
Nov 16 08:10:25 <munchee> or sump and flush
Nov 16 08:10:41 Nov 16 08:10:41 <Shigufurido> i have build a specialized toilet that sucks out the feces and flushes faster so i get all teh blocks
<Shigufurido> i have build a specialized toilet that sucks out the feces and flushes faster so i get all teh blocks
Nov 16 08:13:12 <munchee> i read abiut sake
Nov 16 08:13:12 <munchee> i read abiut sake
Nov 16 08:13:17 Nov 16 08:13:17 <munchee> i thought it said remove brain
<munchee> i thought it said remove brain
Nov 16 08:13:27 Nov 16 08:13:27 <munchee> made by fermenting rice that has been polished to remove the bran
<munchee> made by fermenting rice that has been polished to remove the bran
Nov 16 08:13:39 <munchee> oops
Nov 16 08:13:39 <munchee> oops
Nov 16 08:16:26 <dw1> i guess it's not really possible to 'set the price'
Nov 16 08:16:26 <dw1> i guess it's not really possible to 'set the price'
Nov 16 08:16:29 Nov 16 08:16:29 <dw1> exchanges do that..
<dw1> exchanges do that..
Nov 16 08:16:43 Nov 16 08:16:43 <Guest21184> We need feeless currency <3
<Guest21184> We need feeless currency <3
Nov 16 08:16:50 Nov 16 08:16:50 <Guest21184> like dollar
<Guest21184> like dollar
Nov 16 08:16:57 Nov 16 08:16:57 <Guest21184> handing dollar to someone
<Guest21184> handing dollar to someone
Nov 16 08:17:51 Nov 16 08:17:51 <dw1> so the only way to set the price would be to run the only exchange :/
<dw1> so the only way to set the price would be to run the only exchange :/
Nov 16 08:22:09 <dw1> abd that would operate in some country so wouldnt be decentralized
Nov 16 08:22:09 <dw1> abd that would operate in some country so wouldnt be decentralized
Nov 16 08:22:10 Nov 16 08:22:10 <dw1> damn it
<dw1> damn it
Nov 16 08:22:34 Nov 16 08:22:34 <dw1> guess i wont be saving the world
<dw1> guess i wont be saving the world
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Nov 16 08:57:33 Nov 16 08:57:33 <munchee> https://pbs.twimg.com/media/DOvfu5lW0AANW7D?format=jpg
<munchee> https://pbs.twimg.com/media/DOvfu5lW0AANW7D?format=jpg
Nov 16 08:57:38 * scar45 is now known as scar45|znc
Nov 16 08:57:38 * scar45 is now known as scar45|znc
Nov 16 08:57:57 Nov 16 08:57:57 <dw1> lol
<dw1> lol
Nov 16 08:58:28 Nov 16 08:58:28 <dw1> yeah, down with BTC-BCC
<dw1> yeah, down with BTC-BCC
Nov 16 08:58:34 Nov 16 08:58:34 <dw1> :D
<dw1> :D
Nov 16 08:58:47 Nov 16 08:58:47 <Guest21184> oopz
<Guest21184> oopz
Nov 16 08:59:12 Nov 16 08:59:12 <munchee> whyd it get many uplike
<munchee> whyd it get many uplike
Nov 16 08:59:24 Nov 16 08:59:24 <munchee> oh well
<munchee> oh well
Nov 16 08:59:38 <dw1> people aint that smart
Nov 16 08:59:38 <dw1> people aint that smart
Nov 16 09:00:10 Nov 16 09:00:10 <dw1> a lie gets halfway around the world before the truth gets its pants on.. or some such
<dw1> a lie gets halfway around the world before the truth gets its pants on.. or some such
Nov 16 09:00:32 Nov 16 09:00:32 <dw1> fake news works
<dw1> fake news works
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Nov 16 09:27:44 Nov 16 09:27:44 <newlearner> i am here for the 30 day bch day trading course
<newlearner> i am here for the 30 day bch day trading course
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Nov 16 10:07:23 Nov 16 10:07:23 <Guest21184> what if 30 million start using the bitcoin cash, how big must block be then
<Guest21184> what if 30 million start using the bitcoin cash, how big must block be then
Nov 16 10:07:29 Nov 16 10:07:29 <Guest21184> millionoi people
<Guest21184> millionoi people
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Nov 16 10:19:37 Nov 16 10:19:37 <dw1> how many tx per day are you talkin
<dw1> how many tx per day are you talkin
Nov 16 10:21:12 <dw1> if can get 38,000 tx in an 8mb block.. https://t.co/UIcV2vqHw1 and a block every 10m that's 63tx/s
Nov 16 10:21:12 <dw1> if can get 38,000 tx in an 8mb block.. https://t.co/UIcV2vqHw1 and a block every 10m that's 63tx/s
Nov 16 10:21:30 <dw1> ¯\_(ツ)_/¯
Nov 16 10:21:30 <dw1> ¯\_(ツ)_/¯
Nov 16 10:22:47 Nov 16 10:22:47 <dw1> so a block of 1GB would be 8107 tx/s
<dw1> so a block of 1GB would be 8107 tx/s
Nov 16 10:22:50 Nov 16 10:22:50 <dw1> idk
<dw1> idk
Nov 16 10:33:45 Nov 16 10:33:45 <Guest21184> o k
<Guest21184> o k
Nov 16 10:43:17 Nov 16 10:43:17 <dw1> BCH downtrend weakening? https://www.tradingview.com/x/xQ9QNJhi/
<dw1> BCH downtrend weakening? https://www.tradingview.com/x/xQ9QNJhi/
Nov 16 11:02:26 <munchee> yes
Nov 16 11:02:26 <munchee> yes
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Nov 16 11:03:41 Nov 16 11:03:41 <cberg> don't be bagholders for a bunch of criminals
<cberg> don't be bagholders for a bunch of criminals
Nov 16 11:04:51 Nov 16 11:04:51 <dw1> what law did they break
<dw1> what law did they break
Nov 16 11:05:03 Nov 16 11:05:03 <dw1> and who owns crypto
<dw1> and who owns crypto
Nov 16 11:05:39 Nov 16 11:05:39 <cberg> just saying. all the major figures involved in pushing bcash are criminals. ignore at your own peril
<cberg> just saying. all the major figures involved in pushing bcash are criminals. ignore at your own peril
Nov 16 11:05:56 Nov 16 11:05:56 <dw1> you mean because Ver sold a large firecracker?
<dw1> you mean because Ver sold a large firecracker?
Nov 16 11:06:15 Nov 16 11:06:15 <munchee> cberg is good boy
<munchee> cberg is good boy
Nov 16 11:06:18 Nov 16 11:06:18 <dw1> fuck the regulations those are fun :D
<dw1> fuck the regulations those are fun :D
Nov 16 11:06:19 Nov 16 11:06:19 <cberg> Ver sold eplosives in the mail. and he is probably the least criminal of all
<cberg> Ver sold eplosives in the mail. and he is probably the least criminal of all
Nov 16 11:06:33 Nov 16 11:06:33 <munchee> we are the rebels
<munchee> we are the rebels
Nov 16 11:06:35 Nov 16 11:06:35 <dw1> i underpaid a letter yesterday
<dw1> i underpaid a letter yesterday
Nov 16 11:06:38 <munchee> bchrebels
Nov 16 11:06:38 <munchee> bchrebels
Nov 16 11:06:55 Nov 16 11:06:55 <dw1> sent it for $3 instead of $3.40
<dw1> sent it for $3 instead of $3.40
Nov 16 11:07:07 <dw1> that's probably a federal offence
Nov 16 11:07:07 <dw1> that's probably a federal offence
Nov 16 11:07:39 Nov 16 11:07:39 <dw1> https://fee.org/articles/three-felonies-a-day-how-the-feds-target-the-innocent/
<dw1> https://fee.org/articles/three-felonies-a-day-how-the-feds-target-the-innocent/
Nov 16 11:07:43 Nov 16 11:07:43 <cberg> read up on the people involved instead of being silly
<cberg> read up on the people involved instead of being silly
Nov 16 11:08:39 Nov 16 11:08:39 <munchee> " famously renounced his American citizenship last year—was denied a visa on Tuesday to re-enter the United States to attend an upcoming Bitcoin conference in Miami."
<munchee> " famously renounced his American citizenship last year—was denied a visa on Tuesday to re-enter the United States to attend an upcoming Bitcoin conference in Miami."
Nov 16 11:09:17 Nov 16 11:09:17 <dw1> just link to the criminal charges / court cases
<dw1> just link to the criminal charges / court cases
Nov 16 11:09:19 Nov 16 11:09:19 <dw1> make it easy
<dw1> make it easy
Nov 16 11:09:42 <cberg> there have been many posts on r/bitcoin. use the search function
Nov 16 11:09:42 <cberg> there have been many posts on r/bitcoin. use the search function
Nov 16 11:09:44 Nov 16 11:09:44 <munchee> In July 2014, Ver donated $150,000 to the legal defense fund of Ross Ulbricht, a fellow libertarian who is accused of founding and operating the Silk Road. Ulbricht’s criminal trial is scheduled to begin on January 13, 2015 in New York.
<munchee> In July 2014, Ver donated $150,000 to the legal defense fund of Ross Ulbricht, a fellow libertarian who is accused of founding and operating the Silk Road. Ulbricht’s criminal trial is scheduled to begin on January 13, 2015 in New York.
Nov 16 11:09:45 Nov 16 11:09:45 <dw1> burden of proof is on the claimant
<dw1> burden of proof is on the claimant
Nov 16 11:09:45 <cberg> I'm not doing work for you
Nov 16 11:09:45 <cberg> I'm not doing work for you
Nov 16 11:10:21 Nov 16 11:10:21 <cberg> burden of proof? you think I care if you end up being a bagholder that much? I'm here warning you. read up on what I said or don't
<cberg> burden of proof? you think I care if you end up being a bagholder that much? I'm here warning you. read up on what I said or don't
Nov 16 11:10:22 Nov 16 11:10:22 <dw1> it's not my wor it's your work
<dw1> it's not my wor it's your work
Nov 16 11:10:36 Nov 16 11:10:36 <dw1> you've made unsubstantiated claims is all
<dw1> you've made unsubstantiated claims is all
Nov 16 11:10:40 Nov 16 11:10:40 <cberg> be a bagholder for a bunch of criminals then
<cberg> be a bagholder for a bunch of criminals then
Nov 16 11:11:04 Nov 16 11:11:04 <dw1> obviously you care
<dw1> obviously you care
Nov 16 11:11:06 Nov 16 11:11:06 <dw1> so prove your claim or shut it
<dw1> so prove your claim or shut it
Nov 16 11:11:12 <cberg> lol
Nov 16 11:11:12 <cberg> lol
Nov 16 11:11:25 Nov 16 11:11:25 <cberg> instead of being stupidly defensive, go read up on it
<cberg> instead of being stupidly defensive, go read up on it
Nov 16 11:11:26 Nov 16 11:11:26 <cberg> or shut it
<cberg> or shut it
Nov 16 11:11:34 Nov 16 11:11:34 <dw1> i back up what i claim with evidence
<dw1> i back up what i claim with evidence
Nov 16 11:11:34 Nov 16 11:11:34 <munchee> bch on the rise
<munchee> bch on the rise
Nov 16 11:11:36 Nov 16 11:11:36 <munchee> 1050
<munchee> 1050
Nov 16 11:11:56 <dw1> i dont respect lazy claimants
Nov 16 11:11:56 <dw1> i dont respect lazy claimants
Nov 16 11:12:02 Nov 16 11:12:02 <cberg> I don't care
<cberg> I don't care
Nov 16 11:12:17 Nov 16 11:12:17 <dw1> then you wont convince me
<dw1> then you wont convince me
Nov 16 11:12:23 Nov 16 11:12:23 <cberg> I don't care
<cberg> I don't care
Nov 16 11:12:26 <dw1> great
Nov 16 11:12:26 <dw1> great
Nov 16 11:12:30 Nov 16 11:12:30 <cberg> indeed
<cberg> indeed
Nov 16 11:14:29 Nov 16 11:14:29 <dw1> https://en.wikipedia.org/wiki/Burden_of_proof_(philosophy)
<dw1> https://en.wikipedia.org/wiki/Burden_of_proof_(philosophy)
Nov 16 11:15:01 Nov 16 11:15:01 <cberg> https://en.wikipedia.org/wiki/Bagholder
<cberg> https://en.wikipedia.org/wiki/Bagholder
Nov 16 11:15:48 <dw1> you're not my financial advisor ᕕ(⌐■_■)ᕗ
Nov 16 11:15:48 <dw1> you're not my financial advisor ᕕ(⌐■_■)ᕗ
Nov 16 11:16:10 Nov 16 11:16:10 <cberg> honestly you're an idiot
<cberg> honestly you're an idiot
Nov 16 11:16:13 <dw1> hahah
Nov 16 11:16:13 <dw1> hahah
Nov 16 11:16:18 Nov 16 11:16:18 <dw1> triggered
<dw1> triggered
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Nov 16 11:18:12 Nov 16 11:18:12 <dw1> will take to about 1120 to beat the greater downtrend
<dw1> will take to about 1120 to beat the greater downtrend
Nov 16 11:19:00 <dw1> although i drew that line a bit wrong
Nov 16 11:19:00 <dw1> although i drew that line a bit wrong
Nov 16 11:20:05 Nov 16 11:20:05 <dw1> moar lines https://www.tradingview.com/x/oI7pfl4J/
<dw1> moar lines https://www.tradingview.com/x/oI7pfl4J/
Nov 16 11:20:22 Nov 16 11:20:22 <dw1> https://www.tradingview.com/x/TwOP1QmB/
<dw1> https://www.tradingview.com/x/TwOP1QmB/
Nov 16 11:23:45 Nov 16 11:23:45 <dw1> guess it'll just be me and the other $17B holding the bag
<dw1> guess it'll just be me and the other $17B holding the bag
Nov 16 11:23:50 Nov 16 11:23:50 <dw1> last ones out
<dw1> last ones out
Nov 16 11:24:13 Nov 16 11:24:13 <cberg> you'll think back to what I said soon enough
<cberg> you'll think back to what I said soon enough
Nov 16 11:24:21 Nov 16 11:24:21 <dw1> lol
<dw1> lol
Nov 16 11:24:30 Nov 16 11:24:30 <munchee> seaberg just want bch to go a bit lower so he can buy huge
<munchee> seaberg just want bch to go a bit lower so he can buy huge
Nov 16 11:24:33 <munchee> in the dip
Nov 16 11:24:33 <munchee> in the dip
Nov 16 11:24:41 <munchee> so he is discouragin gus
Nov 16 11:24:41 <munchee> so he is discouragin gus
Nov 16 11:24:42 Nov 16 11:24:42 <cberg> I don't think so
<cberg> I don't think so
Nov 16 11:24:42 <dw1> yup wait for our analysis of the reversal
Nov 16 11:24:42 <dw1> yup wait for our analysis of the reversal
Nov 16 11:24:48 <dw1> then buy with us
Nov 16 11:24:48 <dw1> then buy with us
Nov 16 11:24:52 Nov 16 11:24:52 <cberg> I actually still hold some
<cberg> I actually still hold some
Nov 16 11:25:01 <dw1> /facepalm
Nov 16 11:25:01 <dw1> /facepalm
Nov 16 11:25:05 Nov 16 11:25:05 <munchee> ol
<munchee> ol
Nov 16 11:25:06 Nov 16 11:25:06 <dw1> (>ლ)
<dw1> (>ლ)
Nov 16 11:25:07 <munchee> lol
Nov 16 11:25:07 <munchee> lol
Nov 16 11:25:17 Nov 16 11:25:17 <munchee> 0.0000001
<munchee> 0.0000001
Nov 16 11:25:19 Nov 16 11:25:19 <munchee> :D
<munchee> :D
Nov 16 11:25:24 Nov 16 11:25:24 <dw1> dusty bag
<dw1> dusty bag
Nov 16 11:25:33 Nov 16 11:25:33 <cberg> probably way more than you but it really doesn't matter
<cberg> probably way more than you but it really doesn't matter
Nov 16 11:26:02 Nov 16 11:26:02 <dw1> stop supporting criminals
<dw1> stop supporting criminals
Nov 16 11:26:22 Nov 16 11:26:22 <cberg> I never bought any, don't worry
<cberg> I never bought any, don't worry
Nov 16 11:26:41 Nov 16 11:26:41 * dw1 buys some Pest Control 2000
* dw1 buys some Pest Control 2000
Nov 16 11:28:02 Nov 16 11:28:02 * dw1 blows hand off
* dw1 blows hand off
Nov 16 11:28:16 <dw1> damnit Ver!
Nov 16 11:28:16 <dw1> damnit Ver!
Nov 16 11:28:53 Nov 16 11:28:53 <munchee> https://twitter.com/jihanwu/status/731902686379933697?lang=en
<munchee> https://twitter.com/jihanwu/status/731902686379933697?lang=en
Nov 16 11:29:35 Nov 16 11:29:35 <dw1> lol
<dw1> lol
Nov 16 11:44:44 Nov 16 11:44:44 * cbag (4d397228@gateway/web/freenode/ip.77.57.114.40) has joined #bitcoincash
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Nov 16 11:44:51 Nov 16 11:44:51 <munchee> lol
<munchee> lol
Nov 16 11:45:23 Nov 16 11:45:23 <cberg> lol
<cberg> lol
Nov 16 11:46:55 Nov 16 11:46:55 <dw1> criminal burn
<dw1> criminal burn
Nov 16 11:57:19 Nov 16 11:57:19 <hinv> !cap
<hinv> !cap
Nov 16 11:57:26 Nov 16 11:57:26 <Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $17458974225.0 2335761.21726264 BTC, MoneySupply: 16805250.0, Price: $1038.9, 0.139285 BTC, Volume: $1965170000.0, 262911.65862169 BTC 1h: -0.22%, 24h: -15.62%, 7d: 64.07%
<Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $17458974225.0 2335761.21726264 BTC, MoneySupply: 16805250.0, Price: $1038.9, 0.139285 BTC, Volume: $1965170000.0, 262911.65862169 BTC 1h: -0.22%, 24h: -15.62%, 7d: 64.07%
Nov 16 12:25:49 Nov 16 12:25:49 * Dummbatz ([email protected]) has joined #bitcoincash
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Nov 16 12:29:08 Nov 16 12:29:08 <munchee> welcom dumbatz
<munchee> welcom dumbatz
Nov 16 12:34:07 Nov 16 12:34:07 <Dummbatz> \o/
<Dummbatz> \o/
Nov 16 12:35:16 <Dummbatz> how is your crpyto day ?
Nov 16 12:35:16 <Dummbatz> how is your crpyto day ?
Nov 16 12:35:29 Nov 16 12:35:29 <hinv> purdy gud
<hinv> purdy gud
Nov 16 12:36:54 Nov 16 12:36:54 <Dummbatz> did you see ripple explode? crazy
<Dummbatz> did you see ripple explode? crazy
Nov 16 12:37:02 Nov 16 12:37:02 <hinv> nope
<hinv> nope
Nov 16 12:37:32 Nov 16 12:37:32 <hinv> ripple is a bankster coin. Does it even have a distributed blockchain? Is there even a open source wallet?
<hinv> ripple is a bankster coin. Does it even have a distributed blockchain? Is there even a open source wallet?
Nov 16 12:37:39 Nov 16 12:37:39 <hinv> I won't touch it.
<hinv> I won't touch it.
Nov 16 12:38:14 Nov 16 12:38:14 <Dummbatz> i honestly dont know
<Dummbatz> i honestly dont know
Nov 16 12:41:16 <Dummbatz> it was just intersting to see, the price was extremely boring and stable the last days
Nov 16 12:41:16 <Dummbatz> it was just intersting to see, the price was extremely boring and stable the last days
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Nov 16 12:59:23 Nov 16 12:59:23 <dw1> yeah https://www.tradingview.com/x/jmL6OXEN/
<dw1> yeah https://www.tradingview.com/x/jmL6OXEN/
Nov 16 12:59:29 Nov 16 12:59:29 <dw1> im not really interested either cuz bankster coin
<dw1> im not really interested either cuz bankster coin
Nov 16 12:59:32 Nov 16 12:59:32 <dw1> but not a bad oscillation
<dw1> but not a bad oscillation
Nov 16 13:00:05 Nov 16 13:00:05 <dw1> if you can sell quick enough
<dw1> if you can sell quick enough
Nov 16 13:00:22 Nov 16 13:00:22 <munchee> wow btc shot up
<munchee> wow btc shot up
Nov 16 13:00:52 Nov 16 13:00:52 <dw1> the fees? ( ͡ᵔ ͜ʖ ͡ᵔ)
<dw1> the fees? ( ͡ᵔ ͜ʖ ͡ᵔ)
Nov 16 13:01:17 Nov 16 13:01:17 <dw1> cashing out some ETH thru LTC.. ftw
<dw1> cashing out some ETH thru LTC.. ftw
Nov 16 13:01:28 Nov 16 13:01:28 <dw1> stupid exchange ETH funding is down
<dw1> stupid exchange ETH funding is down
Nov 16 13:01:51 Nov 16 13:01:51 <dw1> no BCH support
<dw1> no BCH support
Nov 16 13:08:13 Nov 16 13:08:13 <txter> What's the average BTC fee now? Guessing it's +$20
<txter> What's the average BTC fee now? Guessing it's +$20
Nov 16 13:09:16 Nov 16 13:09:16 <dw1> mempool is ok so not bad if you configure it right i guess
<dw1> mempool is ok so not bad if you configure it right i guess
Nov 16 13:09:24 Nov 16 13:09:24 <dw1> https://tradeblock.com/bitcoin/
<dw1> https://tradeblock.com/bitcoin/
Nov 16 13:10:02 Nov 16 13:10:02 <dw1> https://bitcoinfees.earn.com/
<dw1> https://bitcoinfees.earn.com/
Nov 16 13:11:28 Nov 16 13:11:28 <dw1> just dont use shapeshift or an exchange with a crazy fixed fee
<dw1> just dont use shapeshift or an exchange with a crazy fixed fee
Nov 16 13:11:37 Nov 16 13:11:37 <dw1> shapeshift 0.002 :/
<dw1> shapeshift 0.002 :/
Nov 16 13:11:47 Nov 16 13:11:47 <dw1> $15
<dw1> $15
Nov 16 13:11:56 Nov 16 13:11:56 <cberg> blame voorhees
<cberg> blame voorhees
Nov 16 13:12:21 <cberg> whining about fees for ages but not implementing segwit
Nov 16 13:12:21 <cberg> whining about fees for ages but not implementing segwit
Nov 16 13:12:45 Nov 16 13:12:45 <dw1> https://www.bestchange.com
<dw1> https://www.bestchange.com
Nov 16 13:17:36 Nov 16 13:17:36 <dw1> also avoid multiple inputs like the plague lol
<dw1> also avoid multiple inputs like the plague lol
Nov 16 13:17:39 Nov 16 13:17:39 <hinv> there are legitimate reasons to not do segwit
<hinv> there are legitimate reasons to not do segwit
Nov 16 13:21:34 Nov 16 13:21:34 <cberg> mo
<cberg> mo
Nov 16 13:21:35 <cberg> no
Nov 16 13:21:35 <cberg> no
Nov 16 13:22:09 <cberg> there is absolutely zero reason not to use segwit
Nov 16 13:22:09 <cberg> there is absolutely zero reason not to use segwit
Nov 16 13:22:15 <cberg> especially if you're an exchange
Nov 16 13:22:15 <cberg> especially if you're an exchange
Nov 16 13:22:53 <cberg> but Voorhees is charging high fees on shapeshift to push the big block narrative
Nov 16 13:22:53 <cberg> but Voorhees is charging high fees on shapeshift to push the big block narrative
Nov 16 13:22:58 Nov 16 13:22:58 <cberg> and his users are paying for it
<cberg> and his users are paying for it
Nov 16 13:23:14 Nov 16 13:23:14 * Shigufurido (~userid@unaffiliated/pril) has joined #bitcoincash
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Nov 16 13:24:21 Nov 16 13:24:21 <SoCo_cpp_> use BCH instead, fee problem solved.
<SoCo_cpp_> use BCH instead, fee problem solved.
Nov 16 13:24:39 <cberg> no thx
Nov 16 13:24:39 <cberg> no thx
Nov 16 13:24:43 Nov 16 13:24:43 <cberg> also it solves nothing
<cberg> also it solves nothing
Nov 16 13:24:52 Nov 16 13:24:52 <SoCo_cpp_> you realize you are in a Bitcoin Cash channel, right?
<SoCo_cpp_> you realize you are in a Bitcoin Cash channel, right?
Nov 16 13:25:14 Nov 16 13:25:14 <cberg> and that's exactly what I'm talking about
<cberg> and that's exactly what I'm talking about
Nov 16 13:25:56 Nov 16 13:25:56 <dw1> it does have lower fees tho
<dw1> it does have lower fees tho
Nov 16 13:26:10 Nov 16 13:26:10 <cberg> so do 200 other altcoins
<cberg> so do 200 other altcoins
Nov 16 13:26:30 Nov 16 13:26:30 <SoCo_cpp_> which is why BTC sucks
<SoCo_cpp_> which is why BTC sucks
Nov 16 13:26:30 Nov 16 13:26:30 <dw1> are you in those 200 channels too
<dw1> are you in those 200 channels too
Nov 16 13:26:35 Nov 16 13:26:35 <dw1> haha
<dw1> haha
Nov 16 13:26:51 Nov 16 13:26:51 <cberg> no because they didn't fork from the bitcoin chain
<cberg> no because they didn't fork from the bitcoin chain
Nov 16 13:26:57 Nov 16 13:26:57 <cberg> so I care even less
<cberg> so I care even less
Nov 16 13:26:59 <dw1> cant handle a little competition?
Nov 16 13:26:59 <dw1> cant handle a little competition?
Nov 16 13:27:28 Nov 16 13:27:28 <dw1> weaksauce
<dw1> weaksauce
Nov 16 13:28:14 Nov 16 13:28:14 <dw1> relax, it'll end up making bitcoin better
<dw1> relax, it'll end up making bitcoin better
Nov 16 13:28:55 Nov 16 13:28:55 <cberg> yes by hopefully getting rid of Ver
<cberg> yes by hopefully getting rid of Ver
Nov 16 13:29:06 Nov 16 13:29:06 <cberg> but then again, he's probably been buying more btc
<cberg> but then again, he's probably been buying more btc
Nov 16 13:29:18 Nov 16 13:29:18 <dw1> no by competing
<dw1> no by competing
Nov 16 13:29:22 <dw1> with ver
Nov 16 13:29:22 <dw1> with ver
Nov 16 13:29:25 Nov 16 13:29:25 <cberg> thx to the little exit pump
<cberg> thx to the little exit pump
Nov 16 13:29:28 <cberg> and thx to you suckers
Nov 16 13:29:28 <cberg> and thx to you suckers
Nov 16 13:31:13 Nov 16 13:31:13 <dw1> what dont kill ya makes you stronger
<dw1> what dont kill ya makes you stronger
Nov 16 13:31:33 <dw1> i highly doubt ver will kill bitcoin
Nov 16 13:31:33 <dw1> i highly doubt ver will kill bitcoin
Nov 16 13:31:58 Nov 16 13:31:58 <cberg> ..
<cberg> ..
Nov 16 13:32:02 Nov 16 13:32:02 <dw1> they just have to hurry up and offer a superior product
<dw1> they just have to hurry up and offer a superior product
Nov 16 13:32:13 Nov 16 13:32:13 <dw1> get lightning done
<dw1> get lightning done
Nov 16 13:32:18 Nov 16 13:32:18 <dw1> or whatever
<dw1> or whatever
Nov 16 13:32:18 <cberg> you're such an idiot it's unbelievable
Nov 16 13:32:18 <cberg> you're such an idiot it's unbelievable
Nov 16 13:32:51 Nov 16 13:32:51 <cberg> and I mean it in a literal sense
<cberg> and I mean it in a literal sense
Nov 16 13:32:56 Nov 16 13:32:56 <dw1> https://i.imgur.com/lgLzRf5.gif
<dw1> https://i.imgur.com/lgLzRf5.gif
Nov 16 13:33:43 Nov 16 13:33:43 <dw1> where's your sporting spirit
<dw1> where's your sporting spirit
Nov 16 13:33:47 Nov 16 13:33:47 <dw1> you can take ver
<dw1> you can take ver
Nov 16 13:33:59 Nov 16 13:33:59 <dw1> lost too much $?
<dw1> lost too much $?
Nov 16 13:34:06 <dw1> you can get more
Nov 16 13:34:06 <dw1> you can get more
Nov 16 13:34:53 Nov 16 13:34:53 <dw1> it's just a ride man
<dw1> it's just a ride man
Nov 16 13:35:26 Nov 16 13:35:26 <dw1> why isnt this LTC sellin'
<dw1> why isnt this LTC sellin'
Nov 16 13:35:33 Nov 16 13:35:33 <dw1> sheeit
<dw1> sheeit
Nov 16 13:35:44 <cberg> I don't even know why I'm in this channel tbh. there's nothing of interest here, just your endless stupidity
Nov 16 13:35:44 <cberg> I don't even know why I'm in this channel tbh. there's nothing of interest here, just your endless stupidity
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Nov 16 13:35:54 <Shigufurido> \:D/
Nov 16 13:35:54 <Shigufurido> \:D/
Nov 16 13:35:56 <dw1> :D
Nov 16 13:35:56 <dw1> :D
Nov 16 13:36:03 Nov 16 13:36:03 <Shigufurido> what a troll
<Shigufurido> what a troll
Nov 16 13:36:39 Nov 16 13:36:39 <SoCo_cpp_> lol
<SoCo_cpp_> lol
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Nov 16 13:49:28 Nov 16 13:49:28 <dw1> https://www.tradingview.com/x/hPqUeJkz/
<dw1> https://www.tradingview.com/x/hPqUeJkz/
Nov 16 13:49:31 Nov 16 13:49:31 <dw1> it's barely dipped
<dw1> it's barely dipped
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Nov 16 14:55:01 Nov 16 14:55:01 <txter> What's the best exchange to buy BCH (Europe/UK)?
<txter> What's the best exchange to buy BCH (Europe/UK)?
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Nov 16 14:59:58 Nov 16 14:59:58 <joobz> hey guys
<joobz> hey guys
Nov 16 15:00:08 Nov 16 15:00:08 <joobz> which is is there a QT wallet for bitcoin cash for mac?
<joobz> which is is there a QT wallet for bitcoin cash for mac?
Nov 16 15:00:17 <joobz> or a good mac wallet?
Nov 16 15:00:17 <joobz> or a good mac wallet?
Nov 16 15:10:38 <txter> joobs, I just installed this one for Linux, looks nice: https://www.bitcoin.com/choose-your-wallet/bitcoin-com-wallet
Nov 16 15:10:38 <txter> joobs, I just installed this one for Linux, looks nice: https://www.bitcoin.com/choose-your-wallet/bitcoin-com-wallet
Nov 16 15:10:58 Nov 16 15:10:58 <hinv> got any screenshots?
<hinv> got any screenshots?
Nov 16 15:12:24 Nov 16 15:12:24 <hinv> I prefer bitcoin-abc
<hinv> I prefer bitcoin-abc
Nov 16 15:14:11 Nov 16 15:14:11 <txter> https://www.bitcoin.com/wp-content/uploads/2017/06/Screenshot_20170619-182431.png
<txter> https://www.bitcoin.com/wp-content/uploads/2017/06/Screenshot_20170619-182431.png
Nov 16 15:14:22 Nov 16 15:14:22 <txter> Not on my phone though, but looks exactly like that
<txter> Not on my phone though, but looks exactly like that
Nov 16 15:14:31 <txter> bitcoin-abc just cash or also btc?
Nov 16 15:14:31 <txter> bitcoin-abc just cash or also btc?
Nov 16 15:15:13 Nov 16 15:15:13 <txter> This one is not a full node I think
<txter> This one is not a full node I think
Nov 16 15:16:38 Nov 16 15:16:38 <txter> bitcoin.com one that is. But it feels really weird, even though BCH = Bitcoin, I wish they'd use the term bitcoin cash - at least for now, so it dosent confuse people. What if you accidentally send BTC to an address in that wallet..
<txter> bitcoin.com one that is. But it feels really weird, even though BCH = Bitcoin, I wish they'd use the term bitcoin cash - at least for now, so it dosent confuse people. What if you accidentally send BTC to an address in that wallet..
Nov 16 15:23:15 <dw1> you can do it BCH https://www.tradingview.com/x/Bi92PIWL/
Nov 16 15:23:15 <dw1> you can do it BCH https://www.tradingview.com/x/Bi92PIWL/
Nov 16 15:25:51 <dw1> it's a BCH wallet that displays it as BTC?
Nov 16 15:25:51 <dw1> it's a BCH wallet that displays it as BTC?
Nov 16 15:26:03 Nov 16 15:26:03 <dw1> (ಠ_ಠ)
<dw1> (ಠ_ಠ)
Nov 16 15:26:43 Nov 16 15:26:43 <dw1> i like Coinomi for android - just make sure to manually set the fee
<dw1> i like Coinomi for android - just make sure to manually set the fee
Nov 16 15:27:33 Nov 16 15:27:33 <joobz> hmm how come bitcoin.com has the bitcoin cash wallet?
<joobz> hmm how come bitcoin.com has the bitcoin cash wallet?
Nov 16 15:27:42 Nov 16 15:27:42 <joobz> i would have thought BTC wallet would be with bitcoin.com
<joobz> i would have thought BTC wallet would be with bitcoin.com
Nov 16 15:28:06 Nov 16 15:28:06 <dw1> because Ver owns it and he's fuckin' hostile
<dw1> because Ver owns it and he's fuckin' hostile
Nov 16 15:28:16 <dw1> no, idk, is it true?
Nov 16 15:28:16 <dw1> no, idk, is it true?
Nov 16 15:29:07 <joobz> the guy is a bit silly
Nov 16 15:29:07 <joobz> the guy is a bit silly
Nov 16 15:29:13 Nov 16 15:29:13 <joobz> the screenshot on the website shows BTC
<joobz> the screenshot on the website shows BTC
Nov 16 15:29:21 Nov 16 15:29:21 <hinv> really? Why do you say that?
<hinv> really? Why do you say that?
Nov 16 15:29:34 Nov 16 15:29:34 <joobz> well the screenshot on the site shows BTC in it
<joobz> well the screenshot on the site shows BTC in it
Nov 16 15:29:41 Nov 16 15:29:41 <joobz> when it's BCH
<joobz> when it's BCH
Nov 16 15:29:58 Nov 16 15:29:58 <joobz> he's trying to hold onto the fame and fortune of BTC in this BCH currency
<joobz> he's trying to hold onto the fame and fortune of BTC in this BCH currency
Nov 16 15:30:17 Nov 16 15:30:17 <dw1> how do you know it's BCH :S
<dw1> how do you know it's BCH :S
Nov 16 15:30:23 Nov 16 15:30:23 <dw1> the rest of the site seems to be open about the difference
<dw1> the rest of the site seems to be open about the difference
Nov 16 15:30:52 Nov 16 15:30:52 <hinv> joobz FUD
<hinv> joobz FUD
Nov 16 15:31:01 Nov 16 15:31:01 <joobz> that's the currency name
<joobz> that's the currency name
Nov 16 15:31:10 Nov 16 15:31:10 <joobz> BTC is already taken by the oriignal
<joobz> BTC is already taken by the oriignal
Nov 16 15:31:22 Nov 16 15:31:22 <joobz> why show BTC in the screenshot if it's a wallet for BCH?
<joobz> why show BTC in the screenshot if it's a wallet for BCH?
Nov 16 15:31:47 Nov 16 15:31:47 <hinv> no joobz, BTC is currently taken by Core, which was a hostile takeover
<hinv> no joobz, BTC is currently taken by Core, which was a hostile takeover
Nov 16 15:32:01 Nov 16 15:32:01 <hinv> from Jeff Garzik which was trusted by the original.
<hinv> from Jeff Garzik which was trusted by the original.
Nov 16 15:32:08 Nov 16 15:32:08 <hinv> Satoshi
<hinv> Satoshi
Nov 16 15:32:20 <txter> yup, thats actually why, after looking at that wallet for about 10 min, I dont want to use it anymore. Its confusing as hell seeing BTC when it should be BCH
Nov 16 15:32:20 <txter> yup, thats actually why, after looking at that wallet for about 10 min, I dont want to use it anymore. Its confusing as hell seeing BTC when it should be BCH
Nov 16 15:32:24 <joobz> but i am going to bitcoin.com, which has screenshots of BTC on the homepage, in order to download my BCH wallet
Nov 16 15:32:24 <joobz> but i am going to bitcoin.com, which has screenshots of BTC on the homepage, in order to download my BCH wallet
Nov 16 15:32:28 Nov 16 15:32:28 <joobz> it doesn't make sense.
<joobz> it doesn't make sense.
Nov 16 15:32:39 <dw1> how do you know it's a BCH wallet
Nov 16 15:32:39 <dw1> how do you know it's a BCH wallet
Nov 16 15:32:43 <txter> When Core dies Cash should take BTC
Nov 16 15:32:43 <txter> When Core dies Cash should take BTC
Nov 16 15:32:46 Nov 16 15:32:46 <hinv> Bitcoin: A Peer-to-Peer Electronic Cash System
<hinv> Bitcoin: A Peer-to-Peer Electronic Cash System
Nov 16 15:33:04 Nov 16 15:33:04 <hinv> Do you know anyone who uses Core like that?
<hinv> Do you know anyone who uses Core like that?
Nov 16 15:33:13 Nov 16 15:33:13 <hinv> for day to day transactions
<hinv> for day to day transactions
Nov 16 15:33:18 Nov 16 15:33:18 <hinv> https://bitcoin.org/bitcoin.pdf
<hinv> https://bitcoin.org/bitcoin.pdf
Nov 16 15:33:23 Nov 16 15:33:23 <hinv> ?????
<hinv> ?????
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Nov 16 15:33:31 Nov 16 15:33:31 <dw1> nope that dream died
<dw1> nope that dream died
Nov 16 15:34:01 <hinv> joobz do you know anyone who uses Bitcoin Core like "Bitcoin: A Peer-to-Peer Electronic Cash System"?
Nov 16 15:34:01 <hinv> joobz do you know anyone who uses Bitcoin Core like "Bitcoin: A Peer-to-Peer Electronic Cash System"?
Nov 16 15:34:09 Nov 16 15:34:09 <joobz> no
<joobz> no
Nov 16 15:34:19 <dw1> https://twitter.com/BitcoinCashFans/status/930498493319467008
Nov 16 15:34:19 <dw1> https://twitter.com/BitcoinCashFans/status/930498493319467008
Nov 16 15:34:25 Nov 16 15:34:25 <hinv> I just did yesterday with Bitcoin Cash
<hinv> I just did yesterday with Bitcoin Cash
Nov 16 15:34:39 Nov 16 15:34:39 <hinv> sent a friend $9.25 worth in seconds
<hinv> sent a friend $9.25 worth in seconds
Nov 16 15:34:53 Nov 16 15:34:53 <hinv> faster than cash
<hinv> faster than cash
Nov 16 15:35:10 Nov 16 15:35:10 <hinv> joobz so is the Bitcoin Core the original?
<hinv> joobz so is the Bitcoin Core the original?
Nov 16 15:35:20 Nov 16 15:35:20 <dw1> well it can be slow with confirms
<dw1> well it can be slow with confirms
Nov 16 15:35:22 Nov 16 15:35:22 <joobz> i have no idea
<joobz> i have no idea
Nov 16 15:35:29 Nov 16 15:35:29 <joobz> sorry
<joobz> sorry
Nov 16 15:35:44 Nov 16 15:35:44 <hinv> joobz do you know what Satoshi said about the blocksize cap?
<hinv> joobz do you know what Satoshi said about the blocksize cap?
Nov 16 15:35:54 Nov 16 15:35:54 <joobz> yes
<joobz> yes
Nov 16 15:36:05 Nov 16 15:36:05 <hinv> enlighten us then
<hinv> enlighten us then
Nov 16 15:36:56 Nov 16 15:36:56 <joobz> hinv, http://lmgtfy.com/?q=what+did+satoshi+say+about+the+blocksize+cap%3F
<joobz> hinv, http://lmgtfy.com/?q=what+did+satoshi+say+about+the+blocksize+cap%3F
Nov 16 15:37:12 Nov 16 15:37:12 <dw1> (☞゚ヮ゚)☞
<dw1> (☞゚ヮ゚)☞
Nov 16 15:37:34 Nov 16 15:37:34 <dw1> i saw a good forum post about it recently
<dw1> i saw a good forum post about it recently
Nov 16 15:37:42 Nov 16 15:37:42 <dw1> where my history
<dw1> where my history
Nov 16 15:38:33 Nov 16 15:38:33 <hinv> https://bitcointalk.org/index.php?topic=1347.0
<hinv> https://bitcointalk.org/index.php?topic=1347.0
Nov 16 15:39:34 Nov 16 15:39:34 <hinv> he said it should be raised "way ahead" of when blocks were full.....back in 2010 just after putting it in
<hinv> he said it should be raised "way ahead" of when blocks were full.....back in 2010 just after putting it in
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Nov 16 15:40:25 Nov 16 15:40:25 <dw1> yea
<dw1> yea
Nov 16 15:40:25 Nov 16 15:40:25 <hinv> so Bitcoin Cash functions like the Founder's vision. Bitcoin Core does not.
<hinv> so Bitcoin Cash functions like the Founder's vision. Bitcoin Core does not.
Nov 16 15:40:34 <dw1> "The blocksize limit was a soft agreement held up by consensus. There is no longer a consensus for a small block size limit since it has already served its purpose: avoid no-cost spam in the early blockchain"
Nov 16 15:40:34 <dw1> "The blocksize limit was a soft agreement held up by consensus. There is no longer a consensus for a small block size limit since it has already served its purpose: avoid no-cost spam in the early blockchain"
Nov 16 15:41:25 Nov 16 15:41:25 <dw1> "Avoiding zero-cost spam when Bitcoin was cheap was reason for cap. BTC no longer cheap, so can't really spam anymore."
<dw1> "Avoiding zero-cost spam when Bitcoin was cheap was reason for cap. BTC no longer cheap, so can't really spam anymore."
Nov 16 15:41:37 Nov 16 15:41:37 <hinv> I had to pay .01BTC to confidently get come BTC transfered the other night because the 140,000 transaction backlog on Bitcoin Core
<hinv> I had to pay .01BTC to confidently get come BTC transfered the other night because the 140,000 transaction backlog on Bitcoin Core
Nov 16 15:41:56 <hinv> dw1, got links for those?
Nov 16 15:41:56 <hinv> dw1, got links for those?
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Nov 16 15:44:19 <dw1> twitter https://twitter.com/monsterbitar/status/930789156871131136 https://twitter.com/andzsy/status/930793859906387969
Nov 16 15:44:19 <dw1> twitter https://twitter.com/monsterbitar/status/930789156871131136 https://twitter.com/andzsy/status/930793859906387969
Nov 16 15:44:27 Nov 16 15:44:27 <txter> Would you guys recommend bitcoin-abc then?
<txter> Would you guys recommend bitcoin-abc then?
Nov 16 15:44:45 Nov 16 15:44:45 <hinv> yeah, that is what I use
<hinv> yeah, that is what I use
Nov 16 15:44:52 <hinv> looks like the original wallet
Nov 16 15:44:52 <hinv> looks like the original wallet
Nov 16 15:44:59 Nov 16 15:44:59 <hinv> functions just like it to
<hinv> functions just like it to
Nov 16 15:46:02 Nov 16 15:46:02 <hinv> I compiled it from source
<hinv> I compiled it from source
Nov 16 15:46:29 <hinv> comes with bitcoin-cli and bitcoind and bitcoin-qt as plug in replacements
Nov 16 15:46:29 <hinv> comes with bitcoin-cli and bitcoind and bitcoin-qt as plug in replacements
Nov 16 15:46:30 Nov 16 15:46:30 <txter> It's not listed on bitcoincash.org though
<txter> It's not listed on bitcoincash.org though
Nov 16 15:46:38 Nov 16 15:46:38 <hinv> bitcoin-abc.org
<hinv> bitcoin-abc.org
Nov 16 15:46:55 Nov 16 15:46:55 <hinv> oops
<hinv> oops
Nov 16 15:47:07 Nov 16 15:47:07 <hinv> bitcoinabc.org
<hinv> bitcoinabc.org
Nov 16 15:47:28 <txter> yeah I was there. Just feels weird that it's not listed on bitcoincash.org
Nov 16 15:47:28 <txter> yeah I was there. Just feels weird that it's not listed on bitcoincash.org
Nov 16 15:48:34 Nov 16 15:48:34 <hinv> hmm I wonder why that is
<hinv> hmm I wonder why that is
Nov 16 15:48:38 Nov 16 15:48:38 <hinv> I run Exodus too
<hinv> I run Exodus too
Nov 16 15:48:50 Nov 16 15:48:50 <hinv> but with bitcoin-abc I am maintaining a full node
<hinv> but with bitcoin-abc I am maintaining a full node
Nov 16 15:49:02 <hinv> I personally think the bitcoin.com wallet stinks
Nov 16 15:49:02 <hinv> I personally think the bitcoin.com wallet stinks
Nov 16 15:49:03 Nov 16 15:49:03 <dw1> im typically on a Chromebook so i love Coinami for android - it supports so many coins from one seed phrase
<dw1> im typically on a Chromebook so i love Coinami for android - it supports so many coins from one seed phrase
Nov 16 15:49:20 Nov 16 15:49:20 <dw1> pretty much all but Monero
<dw1> pretty much all but Monero
Nov 16 15:49:27 <hinv> DASH?
Nov 16 15:49:27 <hinv> DASH?
Nov 16 15:49:38 Nov 16 15:49:38 <dw1> lemme look
<dw1> lemme look
Nov 16 15:49:53 Nov 16 15:49:53 <hinv> if I was running on android, I would use a Stash Wallet probably
<hinv> if I was running on android, I would use a Stash Wallet probably
Nov 16 15:49:54 Nov 16 15:49:54 <txter> I just moved so I'm on my working laptop. I want to buy a cheap as lap to use mostly as a cold storage
<txter> I just moved so I'm on my working laptop. I want to buy a cheap as lap to use mostly as a cold storage
Nov 16 15:50:00 Nov 16 15:50:00 <dw1> yeah it's got it
<dw1> yeah it's got it
Nov 16 15:50:18 Nov 16 15:50:18 <dw1> it's got like a hundred coins heh
<dw1> it's got like a hundred coins heh
Nov 16 15:50:26 <hinv> cool
Nov 16 15:50:26 <hinv> cool
Nov 16 15:50:32 Nov 16 15:50:32 <hinv> I'll check it out
<hinv> I'll check it out
Nov 16 15:51:07 <dw1> only thing is you just have to go into settings and manually set the fee
Nov 16 15:51:07 <dw1> only thing is you just have to go into settings and manually set the fee
Nov 16 15:51:16 Nov 16 15:51:16 <dw1> to send cheap
<dw1> to send cheap
Nov 16 15:51:36 Nov 16 15:51:36 <dw1> seems 0.00005 is the limit for BCH :/
<dw1> seems 0.00005 is the limit for BCH :/
Nov 16 15:51:43 <dw1> $0.06
Nov 16 15:51:43 <dw1> $0.06
Nov 16 15:51:55 Nov 16 15:51:55 <dw1> i wanted to try 0
<dw1> i wanted to try 0
Nov 16 15:51:58 <dw1> no can do
Nov 16 15:51:58 <dw1> no can do
Nov 16 15:52:04 <txter> yeah im just going to go for bitcoin-abc
Nov 16 15:52:04 <txter> yeah im just going to go for bitcoin-abc
Nov 16 15:52:43 Nov 16 15:52:43 <dw1> also it's got shapeshift built right in
<dw1> also it's got shapeshift built right in
Nov 16 15:52:54 <dw1> and all the featurez
Nov 16 15:52:54 <dw1> and all the featurez
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Nov 16 15:54:20 Nov 16 15:54:20 <dw1> only wish i could pay to remove the ad :]
<dw1> only wish i could pay to remove the ad :]
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Nov 16 16:45:24 <booyah> BITCOIN at ATH
Nov 16 16:45:24 <booyah> BITCOIN at ATH
Nov 16 16:45:29 Nov 16 16:45:29 <booyah> when BCH flippening at?
<booyah> when BCH flippening at?
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Nov 16 16:47:13 Nov 16 16:47:13 <wxss> hello hinv, you joined just in time for the floppening
<wxss> hello hinv, you joined just in time for the floppening
Nov 16 16:48:50 Nov 16 16:48:50 <booyah> hinv: "legacy" chain at ATH despite pump&dump; where's BCH's cashening at?
<booyah> hinv: "legacy" chain at ATH despite pump&dump; where's BCH's cashening at?
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Nov 16 17:13:03 Nov 16 17:13:03 <dw1> still correcting
<dw1> still correcting
Nov 16 17:14:32 <dw1> downtrend weakening tho
Nov 16 17:14:32 <dw1> downtrend weakening tho
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Nov 16 17:38:54 Nov 16 17:38:54 <wxss> or is it?
<wxss> or is it?
Nov 16 17:42:32 <SoCo_cpp_> scary merkel article will probably be a sel-fullfilling prophecy
Nov 16 17:42:32 <SoCo_cpp_> scary merkel article will probably be a sel-fullfilling prophecy
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Nov 16 18:02:33 Nov 16 18:02:33 <booyah> ver might be getting richer, but at least bcashers are getting poorer. natural selection. works nice. besides creation of 1 super-villain, but well only idiots will fall for his scams in future
<booyah> ver might be getting richer, but at least bcashers are getting poorer. natural selection. works nice. besides creation of 1 super-villain, but well only idiots will fall for his scams in future
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Nov 16 18:25:45 Nov 16 18:25:45 <munchee> keep your friends clothes but your enemy's toaster
<munchee> keep your friends clothes but your enemy's toaster
Nov 16 18:25:47 Nov 16 18:25:47 <munchee> a
<munchee> a
Nov 16 18:25:50 Nov 16 18:25:50 <munchee> oops
<munchee> oops
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Nov 16 18:40:07 <munchee> bch 890
Nov 16 18:40:07 <munchee> bch 890
Nov 16 18:40:12 Nov 16 18:40:12 <munchee> GOOD TIME TO BUY
<munchee> GOOD TIME TO BUY
Nov 16 18:40:47 Nov 16 18:40:47 <munchee> im sure it wont drops to 690
<munchee> im sure it wont drops to 690
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Nov 16 19:15:57 <wxss> or will it?
Nov 16 19:15:57 <wxss> or will it?
Nov 16 19:28:58 <sginne> it is sha256 coin
Nov 16 19:28:58 <sginne> it is sha256 coin
Nov 16 19:30:34 Nov 16 19:30:34 <wxss> oh that changes everything, I guess
<wxss> oh that changes everything, I guess
Nov 16 19:31:39 Nov 16 19:31:39 <sginne> no, it explains nature. as long, as sha256 stands, relative value will grow. eventually.
<sginne> no, it explains nature. as long, as sha256 stands, relative value will grow. eventually.
Nov 16 19:32:21 Nov 16 19:32:21 <munchee> wut
<munchee> wut
Nov 16 19:34:31 Nov 16 19:34:31 <sginne> bch, same as btc, btw. are sha-256 coins, which works as long as sha256 hashing works. Crypto currency, as a definition of single encompassing thing, IS growing in value, and so its members. Time is only of question
<sginne> bch, same as btc, btw. are sha-256 coins, which works as long as sha256 hashing works. Crypto currency, as a definition of single encompassing thing, IS growing in value, and so its members. Time is only of question
Nov 16 19:34:57 <wxss> i think you should stop whatever you are smoking dude
Nov 16 19:34:57 <wxss> i think you should stop whatever you are smoking dude
Nov 16 19:35:18 Nov 16 19:35:18 <munchee> :D
<munchee> :D
Nov 16 19:35:42 Nov 16 19:35:42 <sginne> low volatility does make value swing. I am just a cryptographer, sha256 is closer to me than coins
<sginne> low volatility does make value swing. I am just a cryptographer, sha256 is closer to me than coins
Nov 16 19:36:45 <munchee> low volatility make value swing
Nov 16 19:36:45 <munchee> low volatility make value swing
Nov 16 19:36:51 Nov 16 19:36:51 <munchee> that iz a new one
<munchee> that iz a new one
Nov 16 19:37:28 Nov 16 19:37:28 <sginne> typing with one hand require some poetry
<sginne> typing with one hand require some poetry
Nov 16 19:37:43 <munchee> btc 8000 bitfinex
Nov 16 19:37:43 <munchee> btc 8000 bitfinex
Nov 16 19:37:48 Nov 16 19:37:48 <munchee> wahoo
<munchee> wahoo
Nov 16 19:38:05 Nov 16 19:38:05 <wxss> one hand? why, are you're masturbating with the other hand?
<wxss> one hand? why, are you're masturbating with the other hand?
Nov 16 19:38:40 Nov 16 19:38:40 <sginne> caressing dog
<sginne> caressing dog
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Nov 16 19:38:59 Nov 16 19:38:59 <munchee> i call mine 'cat'
<munchee> i call mine 'cat'
Nov 16 19:39:03 Nov 16 19:39:03 <sginne> if it is of importance
<sginne> if it is of importance
Nov 16 19:39:34 <wxss> spanking the monkey, caressing the dog, sure
Nov 16 19:39:34 <wxss> spanking the monkey, caressing the dog, sure
Nov 16 19:40:51 <munchee> must be seaberg
Nov 16 19:40:51 <munchee> must be seaberg
Nov 16 19:43:54 <sginne> https://en.wikipedia.org/wiki/Bitcoin#Mining - sha256, bch as immediate fork, is sha256...so are peercoin, namecoin, unobtainium etc. here is how sha256 works:https://en.wikipedia.org/wiki/SHA-2#Hash_standard
Nov 16 19:43:54 <sginne> https://en.wikipedia.org/wiki/Bitcoin#Mining - sha256, bch as immediate fork, is sha256...so are peercoin, namecoin, unobtainium etc. here is how sha256 works:https://en.wikipedia.org/wiki/SHA-2#Hash_standard
Nov 16 19:44:26 Nov 16 19:44:26 <sginne> all those will grow in value, question - when?
<sginne> all those will grow in value, question - when?
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Nov 16 20:34:34 Nov 16 20:34:34 <moriarty> howdy bagholders
<moriarty> howdy bagholders
Nov 16 20:34:40 <moriarty> :-)
Nov 16 20:34:40 <moriarty> :-)
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Nov 16 21:11:19 Nov 16 21:11:19 <rotarydialer> Best way to sweep a privkey with prefork BCH? Suggestions?
<rotarydialer> Best way to sweep a privkey with prefork BCH? Suggestions?
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Nov 17 00:15:44 Nov 17 00:15:44 <bendricklamar> rotarydialer: electron cash (electrum fork) can sweep keys
<bendricklamar> rotarydialer: electron cash (electrum fork) can sweep keys
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Nov 17 00:16:21 <munchee> see it bounced back from 890
Nov 17 00:16:21 <munchee> see it bounced back from 890
Nov 17 00:17:53 <zxajjs> munchee: and still the cheapest bitcoin has been in a while
Nov 17 00:17:53 <zxajjs> munchee: and still the cheapest bitcoin has been in a while
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Nov 17 03:12:28 Nov 17 03:12:28 <munchee> bch to ze moon
<munchee> bch to ze moon
Nov 17 03:12:33 Nov 17 03:12:33 <munchee> btc fall
<munchee> btc fall
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Nov 17 03:32:42 Nov 17 03:32:42 <dw1> https://twitter.com/BITCOlNCASH/status/931398309800919040
<dw1> https://twitter.com/BITCOlNCASH/status/931398309800919040
Nov 17 03:33:30 Nov 17 03:33:30 <dw1> "We continue to work on Bitcoin Cash and are on track for January 1, 2018." https://blog.gdax.com/bitcoin-segwit2x-update-9abcc4de2d00
<dw1> "We continue to work on Bitcoin Cash and are on track for January 1, 2018." https://blog.gdax.com/bitcoin-segwit2x-update-9abcc4de2d00
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Nov 17 04:42:33 Nov 17 04:42:33 <txter> wowowo
<txter> wowowo
Nov 17 04:42:41 Nov 17 04:42:41 <txter> What happened to all the haters from yesterday?
<txter> What happened to all the haters from yesterday?
Nov 17 04:44:35 Nov 17 04:44:35 <txter> It's amazing, as soon as cash starts dropping a bit they come here en masse.. I just don't get that mentality. In the end what we want is a better Bitcoin
<txter> It's amazing, as soon as cash starts dropping a bit they come here en masse.. I just don't get that mentality. In the end what we want is a better Bitcoin
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Nov 17 05:40:13 <dw1> seems the algo is remaining competitive https://fork.lol/
Nov 17 05:40:13 <dw1> seems the algo is remaining competitive https://fork.lol/
Nov 17 05:40:55 <dw1> 17% hashrate and rising
Nov 17 05:40:55 <dw1> 17% hashrate and rising
Nov 17 05:41:51 Nov 17 05:41:51 <dw1> profitability down a bit with price dip
<dw1> profitability down a bit with price dip
Nov 17 05:42:14 Nov 17 05:42:14 <dw1> but should remain high if upward trend reversal holds
<dw1> but should remain high if upward trend reversal holds
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Nov 17 09:05:43 Nov 17 09:05:43 <dw1> https://www.google.com/images?q=bitcoin+time+for+plan+b
<dw1> https://www.google.com/images?q=bitcoin+time+for+plan+b
Nov 17 09:05:46 Nov 17 09:05:46 <dw1> time for plan C?
<dw1> time for plan C?
Nov 17 09:09:12 Nov 17 09:09:12 <dw1> https://www.openbazaar.org/blog/openbazaar-bitcoin-fees/
<dw1> https://www.openbazaar.org/blog/openbazaar-bitcoin-fees/
Nov 17 09:09:30 <dw1> bitcoin stifling innovation :/
Nov 17 09:09:30 <dw1> bitcoin stifling innovation :/
Nov 17 09:09:50 <dw1> "we are working to integrate other cryptocurrencies into OpenBazaar"
Nov 17 09:09:50 <dw1> "we are working to integrate other cryptocurrencies into OpenBazaar"
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Nov 17 10:13:10 <jephalien> is there a link to the new difficulty adjustment code?
Nov 17 10:13:10 <jephalien> is there a link to the new difficulty adjustment code?
Nov 17 10:13:37 <jephalien> nvm probably can't understand it >_<
Nov 17 10:13:37 <jephalien> nvm probably can't understand it >_<
Nov 17 10:13:38 Nov 17 10:13:38 <jephalien> lol
<jephalien> lol
Nov 17 10:13:51 Nov 17 10:13:51 <jephalien> curious how it works!
<jephalien> curious how it works!
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Nov 17 10:38:10 Nov 17 10:38:10 <dw1> jephalien: https://www.bitcoinabc.org/november
<dw1> jephalien: https://www.bitcoinabc.org/november
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Nov 17 12:39:54 Nov 17 12:39:54 <moriarty> people still holding BCH?
<moriarty> people still holding BCH?
Nov 17 12:48:52 Nov 17 12:48:52 <dw1> only $17B worth
<dw1> only $17B worth
Nov 17 12:49:03 Nov 17 12:49:03 <dw1> $18.4*
<dw1> $18.4*
Nov 17 12:49:56 Nov 17 12:49:56 <dw1> but the downtrend is almost over ;)
<dw1> but the downtrend is almost over ;)
Nov 17 12:53:11 Nov 17 12:53:11 <txter> yeah! :D
<txter> yeah! :D
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Nov 17 13:21:25 Nov 17 13:21:25 <Drajwer> ;;tlast
<Drajwer> ;;tlast
Nov 17 13:23:24 Nov 17 13:23:24 <munchee> gribble dont like bch
<munchee> gribble dont like bch
Nov 17 13:30:38 Nov 17 13:30:38 <munchee> !help
<munchee> !help
Nov 17 13:30:38 Nov 17 13:30:38 <Smarty47> Try these commands: !price !stats !volume !cap !val !hello
<Smarty47> Try these commands: !price !stats !volume !cap !val !hello
Nov 17 13:30:41 Nov 17 13:30:41 <munchee> !price
<munchee> !price
Nov 17 13:30:42 Nov 17 13:30:42 <Smarty47> Poloniex BTC_BCH Last: 0.14223000, Bid: 0.14245497, Ask: 0.14249996, %change: 8.83
<Smarty47> Poloniex BTC_BCH Last: 0.14223000, Bid: 0.14245497, Ask: 0.14249996, %change: 8.83
Nov 17 13:30:42 <Smarty47> Poloniex ETH_BCH Last: 3.38240000, Bid: 3.36710000, Ask: 3.38240000, %change: 9.45
Nov 17 13:30:42 <Smarty47> Poloniex ETH_BCH Last: 3.38240000, Bid: 3.36710000, Ask: 3.38240000, %change: 9.45
Nov 17 13:30:42 <Smarty47> Poloniex USDT_BCH Last: 1115.00000000, Bid: 1115.00000003, Ask: 1117.99999924, %change: 9.85
Nov 17 13:30:42 <Smarty47> Poloniex USDT_BCH Last: 1115.00000000, Bid: 1115.00000003, Ask: 1117.99999924, %change: 9.85
Nov 17 13:31:09 Nov 17 13:31:09 <munchee> !hello
<munchee> !hello
Nov 17 13:31:09 Nov 17 13:31:09 <Smarty47> Market Bot by hinv
<Smarty47> Market Bot by hinv
Nov 17 13:31:10 Nov 17 13:31:10 <Smarty47> Donations appreciated Bitcoin: 1EpsBvQZqSKZAaNqurSTcoNJQDnPFtYaQ5 Rubycoin: RFs8HEM3NgX9Hd473LNpeMfM8hpmzjMeWB
<Smarty47> Donations appreciated Bitcoin: 1EpsBvQZqSKZAaNqurSTcoNJQDnPFtYaQ5 Rubycoin: RFs8HEM3NgX9Hd473LNpeMfM8hpmzjMeWB
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Nov 17 13:52:14 Nov 17 13:52:14 <dw1> https://twitter.com/bitcoincashlime/status/931474277328662529
<dw1> https://twitter.com/bitcoincashlime/status/931474277328662529
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Nov 17 15:15:14 Nov 17 15:15:14 <booyah> lol
<booyah> lol
Nov 17 15:16:21 Nov 17 15:16:21 <moriarty> :)
<moriarty> :)
Nov 17 15:16:28 Nov 17 15:16:28 <moriarty> booyah, laughing at the baggers?
<moriarty> booyah, laughing at the baggers?
Nov 17 15:17:01 Nov 17 15:17:01 <booyah> moriarty: that too. and S2X failure proves that ANYTHING that /r/btc pushes turns out to be exact opposite in reality
<booyah> moriarty: that too. and S2X failure proves that ANYTHING that /r/btc pushes turns out to be exact opposite in reality
Nov 17 15:17:04 Nov 17 15:17:04 <booyah> B2X
<booyah> B2X
Nov 17 15:17:11 Nov 17 15:17:11 <moriarty> better bitcoincash than bitcoingold
<moriarty> better bitcoincash than bitcoingold
Nov 17 15:17:26 Nov 17 15:17:26 <moriarty> i don't even understand bitcoingold, that thing is sitting at no. 1001 in terms of market size
<moriarty> i don't even understand bitcoingold, that thing is sitting at no. 1001 in terms of market size
Nov 17 15:17:27 Nov 17 15:17:27 <moriarty> lol
<moriarty> lol
Nov 17 15:17:34 <moriarty> but then again i sold all my BCH
Nov 17 15:17:34 <moriarty> but then again i sold all my BCH
Nov 17 15:17:55 Nov 17 15:17:55 <moriarty> hope you made money, booyah
<moriarty> hope you made money, booyah
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Nov 17 15:28:34 Nov 17 15:28:34 <booyah_> moriarty: yeap, everyone did who had BTC before fork
<booyah_> moriarty: yeap, everyone did who had BTC before fork
Nov 17 15:28:54 Nov 17 15:28:54 <booyah_> well ok unless someone also started buying BCH on top of that pump because FOMO
<booyah_> well ok unless someone also started buying BCH on top of that pump because FOMO
Nov 17 15:28:57 Nov 17 15:28:57 <moriarty> lol some folks lost money by virtue of re-entering
<moriarty> lol some folks lost money by virtue of re-entering
Nov 17 15:28:59 Nov 17 15:28:59 * moriarty shrugs
* moriarty shrugs
Nov 17 15:29:05 Nov 17 15:29:05 <moriarty> indeed
<moriarty> indeed
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Nov 17 17:03:03 Nov 17 17:03:03 <booyah> cashening when?
<booyah> cashening when?
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Nov 17 17:36:50 Nov 17 17:36:50 <txter> Cash is doing quite well now
<txter> Cash is doing quite well now
Nov 17 17:45:50 Nov 17 17:45:50 <SoCo_cpp_> John McAffee (@officalmcafee): "If you want to stop Bitcoin Cash, you cannot do it by denying the reality around you. Accept that they will win round one. No contest. Start from there and make war."
<SoCo_cpp_> John McAffee (@officalmcafee): "If you want to stop Bitcoin Cash, you cannot do it by denying the reality around you. Accept that they will win round one. No contest. Start from there and make war."
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Nov 17 17:54:10 Nov 17 17:54:10 <rfish> Tether block explorer is down
<rfish> Tether block explorer is down
Nov 17 18:05:00 Nov 17 18:05:00 <moriarty> rfish, tether is a fishy beast!
<moriarty> rfish, tether is a fishy beast!
Nov 17 18:05:59 Nov 17 18:05:59 <rfish> Ya, I wonder what is going on with their block explorer
<rfish> Ya, I wonder what is going on with their block explorer
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Nov 17 18:43:12 Nov 17 18:43:12 <Guest54516> time to load up for the ride to 2000
<Guest54516> time to load up for the ride to 2000
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Nov 17 19:12:51 Nov 17 19:12:51 <dw1> Bitcoin Cash Logo Animationhttps://www.youtube.com/watch?v=UOS-4PxZi2o
<dw1> Bitcoin Cash Logo Animationhttps://www.youtube.com/watch?v=UOS-4PxZi2o
Nov 17 19:12:58 Nov 17 19:12:58 <dw1> https://www.youtube.com/watch?v=UOS-4PxZi2o
<dw1> https://www.youtube.com/watch?v=UOS-4PxZi2o
Nov 17 19:15:59 <munchee> nice
Nov 17 19:15:59 <munchee> nice
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Nov 17 20:41:17 Nov 17 20:41:17 <hinv> !cap
<hinv> !cap
Nov 17 20:41:18 Nov 17 20:41:18 <Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $21438525616.0 2804401.22648667 BTC, MoneySupply: 16807675.0, Price: $1275.52, 0.16786 BTC, Volume: $3691380000.0, 482874.18569971 BTC 1h: 0.77%, 24h: 36.47%, 7d: 31.5%
<Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $21438525616.0 2804401.22648667 BTC, MoneySupply: 16807675.0, Price: $1275.52, 0.16786 BTC, Volume: $3691380000.0, 482874.18569971 BTC 1h: 0.77%, 24h: 36.47%, 7d: 31.5%
Nov 17 20:46:24 Nov 17 20:46:24 <Guest54516> only 700 to go
<Guest54516> only 700 to go
Nov 17 20:48:42 Nov 17 20:48:42 <hinv> !cap btc
<hinv> !cap btc
Nov 17 20:48:44 Nov 17 20:48:44 <Smarty47> Bitcoin, symbol: BTC, rank: 1, MarketCap $126710284757 16684611.99996313 BTC, MoneySupply: 16684612.0, Price: $7594.44, 1.0 BTC, Volume: $4617970000.0, 608072.48460716 BTC 1h: -0.5%, 24h: -4.1%, 7d: 13.38%
<Smarty47> Bitcoin, symbol: BTC, rank: 1, MarketCap $126710284757 16684611.99996313 BTC, MoneySupply: 16684612.0, Price: $7594.44, 1.0 BTC, Volume: $4617970000.0, 608072.48460716 BTC 1h: -0.5%, 24h: -4.1%, 7d: 13.38%
Nov 17 20:48:46 <hinv> 700 what?
Nov 17 20:48:46 <hinv> 700 what?
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Nov 17 20:59:18 Nov 17 20:59:18 <Guest54516> til 2k
<Guest54516> til 2k
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Nov 17 21:00:19 Nov 17 21:00:19 <Guest54516> dolarz
<Guest54516> dolarz
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Nov 18 00:20:23 Nov 18 00:20:23 <Guest54516> FAILURE
<Guest54516> FAILURE
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Nov 18 00:37:59 Nov 18 00:37:59 <GST1200> any chance for bcc to hit 1400?
<GST1200> any chance for bcc to hit 1400?
Nov 18 00:43:39 Nov 18 00:43:39 <munchee> bch*
<munchee> bch*
Nov 18 00:53:05 Nov 18 00:53:05 <GST1200> munchee yes bch
<GST1200> munchee yes bch
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Nov 18 01:08:50 Nov 18 01:08:50 <hinv> munchee Bittrex uses the ticker BCC. Maybe they don't mind displacing BitConnect, which is a Ponzi Scheme
<hinv> munchee Bittrex uses the ticker BCC. Maybe they don't mind displacing BitConnect, which is a Ponzi Scheme
Nov 18 01:09:05 Nov 18 01:09:05 <hinv> rather than using BCH which is Blue Chip
<hinv> rather than using BCH which is Blue Chip
Nov 18 01:11:14 <munchee> ok
Nov 18 01:11:14 <munchee> ok
Nov 18 01:17:38 Nov 18 01:17:38 <GST1200> yes i use bittrex- new in this trade and trying to learn the dynamics of it. so was wondering if i can finda place where i can get some info about forecasting the price / trend
<GST1200> yes i use bittrex- new in this trade and trying to learn the dynamics of it. so was wondering if i can finda place where i can get some info about forecasting the price / trend
Nov 18 01:17:39 Nov 18 01:17:39 <hinv> GST1200 I fully expect Bitcoin Cash to hit $2500ea
<hinv> GST1200 I fully expect Bitcoin Cash to hit $2500ea
Nov 18 01:18:30 <hinv> I listen to Roger Ver and John McAfee
Nov 18 01:18:30 <hinv> I listen to Roger Ver and John McAfee
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Nov 18 01:52:22 Nov 18 01:52:22 <dw1> lol BCH getting hash rate again because price rising
<dw1> lol BCH getting hash rate again because price rising
Nov 18 01:52:33 Nov 18 01:52:33 <dw1> BTC at half speed
<dw1> BTC at half speed
Nov 18 01:52:43 <dw1> will it die this time :P
Nov 18 01:52:43 <dw1> will it die this time :P
Nov 18 01:53:58 Nov 18 01:53:58 <dw1> https://fork.lol/pow/hashrate
<dw1> https://fork.lol/pow/hashrate
Nov 18 01:54:31 Nov 18 01:54:31 <dw1> too bad they're scared to fork to fix it
<dw1> too bad they're scared to fork to fix it
Nov 18 01:54:35 Nov 18 01:54:35 <dw1> poor users
<dw1> poor users
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Nov 18 02:24:50 Nov 18 02:24:50 <Hmhmm> Why do people think BHC is superior with 8x more transaction capacity than BTC? IMO we will need chattered databases or dPOS to compete with VISA, not 56-tx-second-"upgrade"
<Hmhmm> Why do people think BHC is superior with 8x more transaction capacity than BTC? IMO we will need chattered databases or dPOS to compete with VISA, not 56-tx-second-"upgrade"
Nov 18 02:25:56 Nov 18 02:25:56 <Hmhmm> I also think BTC is the perfect place to store value, when slow transactions and fees only causes prices to go up and volatility to go down
<Hmhmm> I also think BTC is the perfect place to store value, when slow transactions and fees only causes prices to go up and volatility to go down
Nov 18 02:28:20 Nov 18 02:28:20 <dw1> large blocks is the quickest way to bring fees down to facilitate p2p cash with low fees
<dw1> large blocks is the quickest way to bring fees down to facilitate p2p cash with low fees
Nov 18 02:28:56 Nov 18 02:28:56 <dw1> hardware and bandwidth are more than capable
<dw1> hardware and bandwidth are more than capable
Nov 18 02:29:02 Nov 18 02:29:02 <dw1> demand is skyrocketing
<dw1> demand is skyrocketing
Nov 18 02:29:36 Nov 18 02:29:36 <dw1> venezuela, zimbabwe and others need a working p2p cash
<dw1> venezuela, zimbabwe and others need a working p2p cash
Nov 18 02:29:53 Nov 18 02:29:53 <dw1> not an investment
<dw1> not an investment
Nov 18 02:31:31 Nov 18 02:31:31 <dw1> also BCH can go beyond 8x blocks as needed
<dw1> also BCH can go beyond 8x blocks as needed
Nov 18 02:31:58 Nov 18 02:31:58 <dw1> 32MB = 250tx/s or more
<dw1> 32MB = 250tx/s or more
Nov 18 02:33:25 Nov 18 02:33:25 <Hmhmm> It's a quick fix
<Hmhmm> It's a quick fix
Nov 18 02:33:38 Nov 18 02:33:38 <dw1> it's also what was originally envisioned
<dw1> it's also what was originally envisioned
Nov 18 02:33:44 Nov 18 02:33:44 <dw1> we dont really need residential nodes
<dw1> we dont really need residential nodes
Nov 18 02:33:54 Nov 18 02:33:54 <dw1> there are tens of millions of datacenters
<dw1> there are tens of millions of datacenters
Nov 18 02:34:24 Nov 18 02:34:24 * zxajjs is now known as bchplz144
* zxajjs is now known as bchplz144
Nov 18 02:34:42 Nov 18 02:34:42 <dw1> http://satoshi.nakamotoinstitute.org/posts/bitcointalk/287/
<dw1> http://satoshi.nakamotoinstitute.org/posts/bitcointalk/287/
Nov 18 02:35:23 Nov 18 02:35:23 <Hmhmm> I think your argument for what Satoshi originally envisioned is a fallacy
<Hmhmm> I think your argument for what Satoshi originally envisioned is a fallacy
Nov 18 02:36:01 Nov 18 02:36:01 <dw1> BCH is blamed for being beneficial to miners but BTC is arguably more beneficial due to the artificial cap causing high fees
<dw1> BCH is blamed for being beneficial to miners but BTC is arguably more beneficial due to the artificial cap causing high fees
Nov 18 02:36:28 Nov 18 02:36:28 <bchplz144> Hmhmm: it is a quick fix, which is exactly what we need while building layer 2 solutions -- as you can see, such lightning networks are not exactly running today
<bchplz144> Hmhmm: it is a quick fix, which is exactly what we need while building layer 2 solutions -- as you can see, such lightning networks are not exactly running today
Nov 18 02:37:29 Nov 18 02:37:29 <dw1> https://fork.lol/reward/fees
<dw1> https://fork.lol/reward/fees
Nov 18 02:37:45 <Hmhmm> dw1: What's high?
Nov 18 02:37:45 <Hmhmm> dw1: What's high?
Nov 18 02:38:13 Nov 18 02:38:13 <dw1> more than like $0.25 imo
<dw1> more than like $0.25 imo
Nov 18 02:38:50 Nov 18 02:38:50 <Hmhmm> bchplz144: It is indeed. We do have dpos systems running today
<Hmhmm> bchplz144: It is indeed. We do have dpos systems running today
Nov 18 02:40:59 <bchplz144> Hmhmm: Excuse me. Such lightning networks are not exactly providing the current userbase, given current wallet and merchant infrastructure, with fast and cheap transactions...
Nov 18 02:40:59 <bchplz144> Hmhmm: Excuse me. Such lightning networks are not exactly providing the current userbase, given current wallet and merchant infrastructure, with fast and cheap transactions...
Nov 18 02:42:46 <bchplz144> With btc, I had to wait days to make a payment at fees I could afford. The idea is 'banking the unbanked', 'moving money far better', etc
Nov 18 02:42:46 <bchplz144> With btc, I had to wait days to make a payment at fees I could afford. The idea is 'banking the unbanked', 'moving money far better', etc
Nov 18 02:43:39 <Hmhmm> Look at STEEM. Fast, cheap and well proven. And look at EOS' white paper.. You want something decentralized, than BHC doesn't look so good, does it?
Nov 18 02:43:39 <Hmhmm> Look at STEEM. Fast, cheap and well proven. And look at EOS' white paper.. You want something decentralized, than BHC doesn't look so good, does it?
Nov 18 02:44:23 Nov 18 02:44:23 <dw1> something was bound to compete with BTC for ASIC power eventually
<dw1> something was bound to compete with BTC for ASIC power eventually
Nov 18 02:44:38 Nov 18 02:44:38 <dw1> BTC is in denial of the competition and now it's hurting the users
<dw1> BTC is in denial of the competition and now it's hurting the users
Nov 18 02:44:48 Nov 18 02:44:48 <dw1> they need a new difficulty algorithm, for example
<dw1> they need a new difficulty algorithm, for example
Nov 18 02:45:49 Nov 18 02:45:49 <dw1> if BCH becomes more profitable long term BTC wont make it to its next adjustment :/
<dw1> if BCH becomes more profitable long term BTC wont make it to its next adjustment :/
Nov 18 02:45:56 <dw1> people gonna be mad
Nov 18 02:45:56 <dw1> people gonna be mad
Nov 18 02:45:58 Nov 18 02:45:58 <Hmhmm> dw1: We can play this game of splitting coins until the best coin is created, but I don't think its a game worth playing ;)
<Hmhmm> dw1: We can play this game of splitting coins until the best coin is created, but I don't think its a game worth playing ;)
Nov 18 02:46:28 <bchplz144> Hmhmm: what are you even talking about, bch is a protocol upgrade being voted on with wallets; the market will decide which protocol is preferred
Nov 18 02:46:28 <bchplz144> Hmhmm: what are you even talking about, bch is a protocol upgrade being voted on with wallets; the market will decide which protocol is preferred
Nov 18 02:48:27 Nov 18 02:48:27 <dw1> profitable to mine**
<dw1> profitable to mine**
Nov 18 02:49:25 Nov 18 02:49:25 <dw1> since the recent BCH price increase miners are moving over and BTC is slowing down again.. good luck :/
<dw1> since the recent BCH price increase miners are moving over and BTC is slowing down again.. good luck :/
Nov 18 02:49:58 <dw1> BTC needs to be more competitive
Nov 18 02:49:58 <dw1> BTC needs to be more competitive
Nov 18 02:50:08 Nov 18 02:50:08 <dw1> it will help everyone
<dw1> it will help everyone
Nov 18 02:50:28 Nov 18 02:50:28 <dw1> talk to your developer if you can without being banned :D
<dw1> talk to your developer if you can without being banned :D
Nov 18 02:52:15 Nov 18 02:52:15 <Hmhmm> dw1: I don't think we will see the same volume as 'last time'
<Hmhmm> dw1: I don't think we will see the same volume as 'last time'
Nov 18 02:52:50 Nov 18 02:52:50 <dw1> fluctuations are inevitable.. i dont think 2016 blocks is fast enough to compete
<dw1> fluctuations are inevitable.. i dont think 2016 blocks is fast enough to compete
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Nov 18 02:53:25 Nov 18 02:53:25 <cbag> bch is for lil bitchez
<cbag> bch is for lil bitchez
Nov 18 02:53:37 Nov 18 02:53:37 <dw1> youre just mad btc is slowing down again :P
<dw1> youre just mad btc is slowing down again :P
Nov 18 02:53:40 Nov 18 02:53:40 <Hmhmm> Than, choose a dpos model if tx speed is your only concern
<Hmhmm> Than, choose a dpos model if tx speed is your only concern
Nov 18 02:54:04 Nov 18 02:54:04 <dw1> BCH exists, you gotta accept it
<dw1> BCH exists, you gotta accept it
Nov 18 02:54:14 <Hmhmm> dw1: I'm trying to understand your train of thought. Not mad :)
Nov 18 02:54:14 <Hmhmm> dw1: I'm trying to understand your train of thought. Not mad :)
Nov 18 02:54:21 <dw1> was speaking to cbag
Nov 18 02:54:21 <dw1> was speaking to cbag
Nov 18 02:54:43 Nov 18 02:54:43 <dw1> $20B-$40B market cap aint just going to disappear.. it's popular and rising
<dw1> $20B-$40B market cap aint just going to disappear.. it's popular and rising
Nov 18 02:54:56 Nov 18 02:54:56 <dw1> BTC's move
<dw1> BTC's move
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Nov 18 02:58:13 Nov 18 02:58:13 <Hmhmm> It's popular because people move towards the money. Its high-end manipulation for expanding rich mining businesses
<Hmhmm> It's popular because people move towards the money. Its high-end manipulation for expanding rich mining businesses
Nov 18 02:59:37 Nov 18 02:59:37 <bchplz144> If the price is being manipulated this well, then that is just another advantage bch has vs btc -- better price manipulators. it won't matter if they are in jail after the btc chain is frozen
<bchplz144> If the price is being manipulated this well, then that is just another advantage bch has vs btc -- better price manipulators. it won't matter if they are in jail after the btc chain is frozen
Nov 18 02:59:38 Nov 18 02:59:38 <dw1> whatever it is, people seem to like it
<dw1> whatever it is, people seem to like it
Nov 18 03:00:28 Nov 18 03:00:28 <dw1> surely a lot is organic.. who has $40B to manipulate with ?
<dw1> surely a lot is organic.. who has $40B to manipulate with ?
Nov 18 03:01:14 Nov 18 03:01:14 <dw1> and when 90% of miners move to BCH.. that's organic
<dw1> and when 90% of miners move to BCH.. that's organic
Nov 18 03:02:36 Nov 18 03:02:36 <Hmhmm> dw1: Marketing
<Hmhmm> dw1: Marketing
Nov 18 03:02:59 Nov 18 03:02:59 <dw1> lots of manipulation in BTC https://hackernoon.com/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4
<dw1> lots of manipulation in BTC https://hackernoon.com/meet-spoofy-how-a-single-entity-dominates-the-price-of-bitcoin-39c711d28eb4
Nov 18 03:03:24 Nov 18 03:03:24 <dw1> competition is always good for the users
<dw1> competition is always good for the users
Nov 18 03:04:01 Nov 18 03:04:01 <dw1> unless one side can't compete and screws them over
<dw1> unless one side can't compete and screws them over
Nov 18 03:04:48 Nov 18 03:04:48 <dw1> but they should adapt eventually
<dw1> but they should adapt eventually
Nov 18 03:05:06 Nov 18 03:05:06 <dw1> when their profits dwindle
<dw1> when their profits dwindle
Nov 18 03:05:08 Nov 18 03:05:08 <dw1> hehe
<dw1> hehe
Nov 18 03:05:46 Nov 18 03:05:46 <dw1> cant make money with no work forever :D
<dw1> cant make money with no work forever :D
Nov 18 03:06:04 <Hmhmm> dw1: And that is favorable for the long run? I'm not sure if you are looking towards the best interest of your grand children or your own greed
Nov 18 03:06:04 <Hmhmm> dw1: And that is favorable for the long run? I'm not sure if you are looking towards the best interest of your grand children or your own greed
Nov 18 03:06:23 Nov 18 03:06:23 <bchplz144> dw1: no work? it took years to reorganize segwit to be a soft fork
<bchplz144> dw1: no work? it took years to reorganize segwit to be a soft fork
Nov 18 03:07:06 Nov 18 03:07:06 <dw1> ok without consensus
<dw1> ok without consensus
Nov 18 03:07:16 Nov 18 03:07:16 <dw1> i'm poor so i can't really earn much
<dw1> i'm poor so i can't really earn much
Nov 18 03:08:25 Nov 18 03:08:25 <dw1> it's also why i won't pay high fees
<dw1> it's also why i won't pay high fees
Nov 18 03:08:40 Nov 18 03:08:40 <dw1> and like to see the king fall lol
<dw1> and like to see the king fall lol
Nov 18 03:09:26 Nov 18 03:09:26 <Hmhmm> I am too, but still hope people behind me gets a bright future without the power of big cooperations
<Hmhmm> I am too, but still hope people behind me gets a bright future without the power of big cooperations
Nov 18 03:09:53 Nov 18 03:09:53 <Hmhmm> And if that makes me have to pay 0.25$ in tx fee, so be it :)
<Hmhmm> And if that makes me have to pay 0.25$ in tx fee, so be it :)
Nov 18 03:10:01 Nov 18 03:10:01 <Hmhmm> Its a small price
<Hmhmm> Its a small price
Nov 18 03:10:22 Nov 18 03:10:22 <dw1> altcoins are perhaps better for that
<dw1> altcoins are perhaps better for that
Nov 18 03:10:24 Nov 18 03:10:24 <dw1> GPU coins
<dw1> GPU coins
Nov 18 03:10:32 <dw1> ASIC is more concentrated
Nov 18 03:10:32 <dw1> ASIC is more concentrated
Nov 18 03:11:10 Nov 18 03:11:10 <dw1> i mine ETH
<dw1> i mine ETH
Nov 18 03:11:19 <Hmhmm> dw1: That's what I have been saying :) I have my bet on EOS, even though I don't like Dan Larimer too much :P ... don't know why, just my intuition
Nov 18 03:11:19 <Hmhmm> dw1: That's what I have been saying :) I have my bet on EOS, even though I don't like Dan Larimer too much :P ... don't know why, just my intuition
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Nov 18 03:14:40 Nov 18 03:14:40 <dw1> on ETH you can transact for $0.001 in 20s
<dw1> on ETH you can transact for $0.001 in 20s
Nov 18 03:17:19 <Hmhmm> Anyways, thanks for sharing your mind.. I think it's not safe to stop speculating, and I hope those who get rich from it; ends up supporting coins that's not centralized and with the best technology for the future.. Bye dw1 :D
Nov 18 03:17:19 <Hmhmm> Anyways, thanks for sharing your mind.. I think it's not safe to stop speculating, and I hope those who get rich from it; ends up supporting coins that's not centralized and with the best technology for the future.. Bye dw1 :D
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Nov 18 03:18:12 <dw1> more diverse acceptance of coins will be good for all
Nov 18 03:18:12 <dw1> more diverse acceptance of coins will be good for all
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Nov 18 03:44:58 Nov 18 03:44:58 <dw1> bitcoin market cap dominance chart https://i.imgur.com/OhkPafy.png
<dw1> bitcoin market cap dominance chart https://i.imgur.com/OhkPafy.png
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Nov 18 03:59:18 Nov 18 03:59:18 <bchplz144> dw1: weird, I wonder what happened a year ago ;) very nice chart
<bchplz144> dw1: weird, I wonder what happened a year ago ;) very nice chart
Nov 18 04:06:45 Nov 18 04:06:45 <dw1> ICO mania hehe
<dw1> ICO mania hehe
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Nov 18 04:29:01 <snapfractalpop> anyone running a node?
Nov 18 04:29:01 <snapfractalpop> anyone running a node?
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Nov 18 08:36:43 Nov 18 08:36:43 <thecha> what is the technical difference between bitcoin cash and bitcoin?
<thecha> what is the technical difference between bitcoin cash and bitcoin?
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Nov 18 08:39:02 <Shigufurido> bitcoin cash (BCH) has larger blocksize which means lower transactions fees
Nov 18 08:39:02 <Shigufurido> bitcoin cash (BCH) has larger blocksize which means lower transactions fees
Nov 18 08:42:59 Nov 18 08:42:59 <thecha> is this the sole difference the underlying technology are the same?
<thecha> is this the sole difference the underlying technology are the same?
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Nov 18 09:04:04 Nov 18 09:04:04 <hinv> !cap
<hinv> !cap
Nov 18 09:04:04 Nov 18 09:04:04 <Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $22617938424.0 2945592.52881722 BTC, MoneySupply: 16809188.0, Price: $1345.57, 0.175729 BTC, Volume: $3351910000.0, 436527.89516798 BTC 1h: 3.03%, 24h: 22.7%, 7d: 15.3%
<Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $22617938424.0 2945592.52881722 BTC, MoneySupply: 16809188.0, Price: $1345.57, 0.175729 BTC, Volume: $3351910000.0, 436527.89516798 BTC 1h: 3.03%, 24h: 22.7%, 7d: 15.3%
Nov 18 09:05:33 Nov 18 09:05:33 <hinv> thecha, most of the underlying tech is the same. There were two more changes: 1. Replay protection so that a transaction broadcast on the BTC network can't be replayed on the BCC network.
<hinv> thecha, most of the underlying tech is the same. There were two more changes: 1. Replay protection so that a transaction broadcast on the BTC network can't be replayed on the BCC network.
Nov 18 09:06:21 <hinv> this was necessary because it was forked instead of starting from scratch
Nov 18 09:06:21 <hinv> this was necessary because it was forked instead of starting from scratch
Nov 18 09:08:42 Nov 18 09:08:42 <hinv> 2. There was a change in the difficulty adjustment algorithm which means the BCC chain will still go even with a fraction of the hash. If this wasn't changed, we would have gotten something lie 10 blocks/day for 200 days...a dead chain.
<hinv> 2. There was a change in the difficulty adjustment algorithm which means the BCC chain will still go even with a fraction of the hash. If this wasn't changed, we would have gotten something lie 10 blocks/day for 200 days...a dead chain.
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Nov 18 10:35:33 Nov 18 10:35:33 <dw1> https://www.yours.org/content/announcing-the-bitcoin-cash-fund---update-1-38f985d0add1/
<dw1> https://www.yours.org/content/announcing-the-bitcoin-cash-fund---update-1-38f985d0add1/
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Nov 18 10:42:03 Nov 18 10:42:03 <dw1> https://news.bitcoin.com/amaury-sechet-proposes-bitcoin-cash-address-change-for-january-14/
<dw1> https://news.bitcoin.com/amaury-sechet-proposes-bitcoin-cash-address-change-for-january-14/
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Nov 18 11:06:24 Nov 18 11:06:24 <dw1> https://www.reddit.com/r/btc/comments/7drqje/its_so_impractical_to_introduce_new_users_to_btc/
<dw1> https://www.reddit.com/r/btc/comments/7drqje/its_so_impractical_to_introduce_new_users_to_btc/
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Nov 18 12:39:00 <munchee> much exciting
Nov 18 12:39:00 <munchee> much exciting
Nov 18 12:39:04 <munchee> munch*
Nov 18 12:39:04 <munchee> munch*
Nov 18 12:39:23 Nov 18 12:39:23 <dw1> ( ͡ᵔ ͜ʖ ͡ᵔ)
<dw1> ( ͡ᵔ ͜ʖ ͡ᵔ)
Nov 18 12:39:56 Nov 18 12:39:56 <dw1> i made a twitter to pump with and maybe a blog soon https://twitter.com/BCHftw
<dw1> i made a twitter to pump with and maybe a blog soon https://twitter.com/BCHftw
Nov 18 12:40:01 Nov 18 12:40:01 <dw1> teheh
<dw1> teheh
Nov 18 12:40:57 Nov 18 12:40:57 <dw1> may as well put my interest to use
<dw1> may as well put my interest to use
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Nov 18 12:55:06 Nov 18 12:55:06 <dw1> https://medium.com/@jgarzik/bitcoin-is-being-hot-wired-for-settlement-a5beb1df223a
<dw1> https://medium.com/@jgarzik/bitcoin-is-being-hot-wired-for-settlement-a5beb1df223a
Nov 18 13:07:20 Nov 18 13:07:20 <dw1> https://medium.com/@octskyward/the-capacity-cliff-586d1bf7715e
<dw1> https://medium.com/@octskyward/the-capacity-cliff-586d1bf7715e
Nov 18 13:32:06 Nov 18 13:32:06 <bchplz144> dw1: I thought mike hearn was crazy when he posted that
<bchplz144> dw1: I thought mike hearn was crazy when he posted that
Nov 18 13:32:28 Nov 18 13:32:28 <bchplz144> he was just ahead of me to understand how strong the political war was
<bchplz144> he was just ahead of me to understand how strong the political war was
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Nov 18 13:34:49 Nov 18 13:34:49 <dw1> https://twitter.com/Egon_01/status/931952565406838784
<dw1> https://twitter.com/Egon_01/status/931952565406838784
Nov 18 13:44:57 Nov 18 13:44:57 <bchplz144> Learn about how bitcoin works for the 1% by using litecoin.. smh
<bchplz144> Learn about how bitcoin works for the 1% by using litecoin.. smh
Nov 18 13:47:04 Nov 18 13:47:04 <bchplz144> Does any core fan actually ever use Bitcoin? it's a pain in the ass to use for a year
<bchplz144> Does any core fan actually ever use Bitcoin? it's a pain in the ass to use for a year
Nov 18 13:48:23 Nov 18 13:48:23 <bchplz144> https://www.facebook.com/cnbc/videos/1510214512395123/
<bchplz144> https://www.facebook.com/cnbc/videos/1510214512395123/
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Nov 18 13:49:48 Nov 18 13:49:48 <dw1> hehe
<dw1> hehe
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Nov 18 13:59:55 <bchplz144> Does anyone have more information on the tether situation? I people are buying the usdt with usd, what is the problem
Nov 18 13:59:55 <bchplz144> Does anyone have more information on the tether situation? I people are buying the usdt with usd, what is the problem
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Nov 18 14:02:05 Nov 18 14:02:05 <needcoffeenow> i am glad u exist
<needcoffeenow> i am glad u exist
Nov 18 14:02:10 Nov 18 14:02:10 <needcoffeenow> now i can get my coffee
<needcoffeenow> now i can get my coffee
Nov 18 14:02:46 Nov 18 14:02:46 <dw1> hehe
<dw1> hehe
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Nov 18 15:34:58 <bchplz144> Does the core wallet seriously still not support segwit in the gui? That can't be true
Nov 18 15:34:58 <bchplz144> Does the core wallet seriously still not support segwit in the gui? That can't be true
Nov 18 15:53:27 Nov 18 15:53:27 <bchplz144> I guess they might have gui support for segwit in 2018??? https://github.com/bitcoin/bitcoin/issues/11124
<bchplz144> I guess they might have gui support for segwit in 2018??? https://github.com/bitcoin/bitcoin/issues/11124
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Nov 18 19:35:18 Nov 18 19:35:18 <Guest54516> https://www.reddit.com/r/Bitcoin/comments/7dv0z0/when_people_tell_you_to_sell_your_btc_for_bch/dq0t1oc/
<Guest54516> https://www.reddit.com/r/Bitcoin/comments/7dv0z0/when_people_tell_you_to_sell_your_btc_for_bch/dq0t1oc/
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Nov 18 21:35:01 Nov 18 21:35:01 <BBass> hey
<BBass> hey
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Nov 18 23:24:45 * scar45|znc is now known as scar45
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Nov 19 00:21:05 Nov 19 00:21:05 <moriarty> https://finance.yahoo.com/news/first-long-term-ledgerx-bitcoin-215930640.html
<moriarty> https://finance.yahoo.com/news/first-long-term-ledgerx-bitcoin-215930640.html
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Nov 19 06:15:33 Nov 19 06:15:33 <dw1> oh this is looking good https://fork.lol/
<dw1> oh this is looking good https://fork.lol/
Nov 19 06:15:42 Nov 19 06:15:42 <dw1> BCH more profitable to mine again
<dw1> BCH more profitable to mine again
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Nov 19 14:47:08 Nov 19 14:47:08 <bchplz144> https://www.reddit.com/r/btc/comments/7dzqhm/rbitcoin_mods_removed_top_post_the_rich_dont_need/
<bchplz144> https://www.reddit.com/r/btc/comments/7dzqhm/rbitcoin_mods_removed_top_post_the_rich_dont_need/
Nov 19 14:47:49 Nov 19 14:47:49 <bchplz144> just use banks, they are simpler and everyone already knows them
<bchplz144> just use banks, they are simpler and everyone already knows them
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Nov 19 15:41:56 Nov 19 15:41:56 <bchplz144> eth vs btc transactions per day: https://bitinfocharts.com/comparison/transactions-btc-eth.html
<bchplz144> eth vs btc transactions per day: https://bitinfocharts.com/comparison/transactions-btc-eth.html
Nov 19 15:42:29 Nov 19 15:42:29 <bchplz144> very clear transactions that would have been on btc shifted to eth a few months ago
<bchplz144> very clear transactions that would have been on btc shifted to eth a few months ago
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Nov 19 16:31:51 Nov 19 16:31:51 * bchplz144 is now known as satoshidust
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Nov 19 17:24:12 <satoshidust> what is this about: "#bitcoin Cannot join channel (+b) - you are banned"
Nov 19 17:24:12 <satoshidust> what is this about: "#bitcoin Cannot join channel (+b) - you are banned"
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Nov 19 17:41:37 Nov 19 17:41:37 <spunky> Someone banned you
<spunky> Someone banned you
Nov 19 17:42:01 Nov 19 17:42:01 <satoshidust> spunky: I have never been there before though?
<satoshidust> spunky: I have never been there before though?
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Nov 19 17:46:01 Nov 19 17:46:01 <spunky> Someone has performed a blanket ban then
<spunky> Someone has performed a blanket ban then
Nov 19 17:46:06 Nov 19 17:46:06 <spunky> You've been caught in the dragnet
<spunky> You've been caught in the dragnet
Nov 19 17:46:15 Nov 19 17:46:15 <spunky> Perhaps its because your name contains satoshi?
<spunky> Perhaps its because your name contains satoshi?
Nov 19 17:46:16 Nov 19 17:46:16 * spunky shrugs
* spunky shrugs
Nov 19 17:46:49 Nov 19 17:46:49 <satoshidust> fair enough lol
<satoshidust> fair enough lol
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Nov 20 09:44:54 <dw1> satoshidust: they banned all gateways
Nov 20 09:44:54 <dw1> satoshidust: they banned all gateways
Nov 20 09:45:07 <dw1> try using a regular client instead of webchat
Nov 20 09:45:07 <dw1> try using a regular client instead of webchat
Nov 20 09:46:00 <dw1> https://twitter.com/BCHftw/status/932588879277842433
Nov 20 09:46:00 <dw1> https://twitter.com/BCHftw/status/932588879277842433
Nov 20 09:46:09 <dw1> i be tweetin
Nov 20 09:46:09 <dw1> i be tweetin
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Nov 20 15:41:28 Nov 20 15:41:28 <satoshidust> dw1: oh ok thanks, am working on getting that setup :D
<satoshidust> dw1: oh ok thanks, am working on getting that setup :D
Nov 20 15:41:35 Nov 20 15:41:35 <satoshidust> dw1: you should tweet this https://bitinfocharts.com/comparison/transactions-btc-eth.html
<satoshidust> dw1: you should tweet this https://bitinfocharts.com/comparison/transactions-btc-eth.html
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Nov 20 16:39:09 Nov 20 16:39:09 <dw1> satoshidust: yea eth is nice & cheap https://ethgasstation.info/ .. and fast.
<dw1> satoshidust: yea eth is nice & cheap https://ethgasstation.info/ .. and fast.
Nov 20 16:40:08 Nov 20 16:40:08 <dw1> slow price though. not exciting to trade :D
<dw1> slow price though. not exciting to trade :D
Nov 20 16:40:18 Nov 20 16:40:18 <dw1> i mine it
<dw1> i mine it
Nov 20 16:41:21 Nov 20 16:41:21 <dw1> set gas price to 1 on myetherwallet.com for cheap tx
<dw1> set gas price to 1 on myetherwallet.com for cheap tx
Nov 20 16:41:49 <dw1> or 0.1 works too but both are below $0.01 so who cares :p
Nov 20 16:41:49 <dw1> or 0.1 works too but both are below $0.01 so who cares :p
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Nov 20 17:18:54 Nov 20 17:18:54 <blarney> gravity always wins
<blarney> gravity always wins
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Nov 20 18:38:38 <dw1> https://www.tradingview.com/x/KaPcSuqQ/
Nov 20 18:38:38 <dw1> https://www.tradingview.com/x/KaPcSuqQ/
Nov 20 18:38:41 Nov 20 18:38:41 <dw1> pop goes the weasel
<dw1> pop goes the weasel
Nov 20 18:47:28 Nov 20 18:47:28 <dw1> https://www.tradingview.com/chart/BCHUSD/gep3j5U5-BCHUSD-update/
<dw1> https://www.tradingview.com/chart/BCHUSD/gep3j5U5-BCHUSD-update/
Nov 20 18:50:02 Nov 20 18:50:02 <blarney> so if i put my last $5 in, i might make a couple
<blarney> so if i put my last $5 in, i might make a couple
Nov 20 18:50:31 Nov 20 18:50:31 <dw1> buy some kraft dinner and beans & tomato sauce
<dw1> buy some kraft dinner and beans & tomato sauce
Nov 20 18:50:33 Nov 20 18:50:33 <dw1> dont starve
<dw1> dont starve
Nov 20 18:50:38 Nov 20 18:50:38 <dw1> hehe
<dw1> hehe
Nov 20 18:50:55 Nov 20 18:50:55 <blarney> yum
<blarney> yum
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Nov 20 19:31:31 <blarney> calm down, Jen
Nov 20 19:31:31 <blarney> calm down, Jen
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Nov 20 20:20:52 Nov 20 20:20:52 <blarney> wow, bitcoin cash spent nearly 50k to buy bitcoincash.org but their twitter handle has an L in it B)
<blarney> wow, bitcoin cash spent nearly 50k to buy bitcoincash.org but their twitter handle has an L in it B)
Nov 20 20:21:35 <blarney> not supposed to trade twitter handlez but i think peopled o it anyway
Nov 20 20:21:35 <blarney> not supposed to trade twitter handlez but i think peopled o it anyway
Nov 20 20:25:16 Nov 20 20:25:16 <dw1> dont think it's official
<dw1> dont think it's official
Nov 20 20:25:34 Nov 20 20:25:34 <blarney> oh
<blarney> oh
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Nov 20 20:55:41 Nov 20 20:55:41 <satoshidust> blarney: people definitely do it anyway
<satoshidust> blarney: people definitely do it anyway
Nov 20 20:57:49 Nov 20 20:57:49 <satoshidust> dw1: beautiful 1gb block on your twitter
<satoshidust> dw1: beautiful 1gb block on your twitter
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Nov 20 21:09:42 Nov 20 21:09:42 <dw1> da gigablock
<dw1> da gigablock
Nov 20 21:09:48 Nov 20 21:09:48 <dw1> est 8107 tx/s
<dw1> est 8107 tx/s
Nov 20 21:17:41 Nov 20 21:17:41 <satoshidust> paypal got nothing on that
<satoshidust> paypal got nothing on that
Nov 20 21:18:39 <dw1> :o
Nov 20 21:18:39 <dw1> :o
Nov 20 21:23:19 <dw1> BCH is consistently more profitabale to mine lately https://fork.lol/
Nov 20 21:23:19 <dw1> BCH is consistently more profitabale to mine lately https://fork.lol/
Nov 20 21:23:23 Nov 20 21:23:23 <dw1> **
<dw1> **
Nov 20 21:24:22 Nov 20 21:24:22 <dw1> if price rises and BCH gets all the miners again for long.. BTC users are gonna suffer more
<dw1> if price rises and BCH gets all the miners again for long.. BTC users are gonna suffer more
Nov 20 21:24:37 <dw1> but the anti-fork narrative must continue.. lol
Nov 20 21:24:37 <dw1> but the anti-fork narrative must continue.. lol
Nov 20 21:24:42 Nov 20 21:24:42 <dw1> smh
<dw1> smh
Nov 20 21:31:25 <fishbone> is their an antifork culture
Nov 20 21:31:25 <fishbone> is their an antifork culture
Nov 20 21:32:01 Nov 20 21:32:01 <fishbone> last forks had pretty high demends even if one go cancelled
<fishbone> last forks had pretty high demends even if one go cancelled
Nov 20 21:32:52 Nov 20 21:32:52 <dw1> yea i think they believe hard forks should be avoided
<dw1> yea i think they believe hard forks should be avoided
Nov 20 21:33:04 Nov 20 21:33:04 <dw1> but in the case of the difficulty algorithm it's necessary
<dw1> but in the case of the difficulty algorithm it's necessary
Nov 20 21:33:23 Nov 20 21:33:23 <dw1> or what happened on nov 12 will keep happening whenever BCH takes 67% of miners :/
<dw1> or what happened on nov 12 will keep happening whenever BCH takes 67% of miners :/
Nov 20 21:33:36 <dw1> if they ever get 90% bitcoin might die lol
Nov 20 21:33:36 <dw1> if they ever get 90% bitcoin might die lol
Nov 20 21:33:48 Nov 20 21:33:48 <fishbone> not sure they can
<fishbone> not sure they can
Nov 20 21:33:58 Nov 20 21:33:58 <fishbone> the difficulty changes for them as well
<fishbone> the difficulty changes for them as well
Nov 20 21:34:04 Nov 20 21:34:04 <dw1> yeah after 2016 blocks
<dw1> yeah after 2016 blocks
Nov 20 21:34:11 Nov 20 21:34:11 <dw1> up to*
<dw1> up to*
Nov 20 21:34:17 Nov 20 21:34:17 <dw1> they might never get there lol
<dw1> they might never get there lol
Nov 20 21:34:25 Nov 20 21:34:25 <fishbone> ok
<fishbone> ok
Nov 20 21:34:30 <dw1> well they will in a long time
Nov 20 21:34:30 <dw1> well they will in a long time
Nov 20 21:34:31 Nov 20 21:34:31 <dw1> maybe months
<dw1> maybe months
Nov 20 21:34:44 Nov 20 21:34:44 <dw1> but the fee market saves them
<dw1> but the fee market saves them
Nov 20 21:34:50 <dw1> when fees skyrocket, miners come back
Nov 20 21:34:50 <dw1> when fees skyrocket, miners come back
Nov 20 21:34:52 Nov 20 21:34:52 <fishbone> do bch change every day or
<fishbone> do bch change every day or
Nov 20 21:34:58 Nov 20 21:34:58 <dw1> every block
<dw1> every block
Nov 20 21:35:06 Nov 20 21:35:06 <fishbone> every block seem too often
<fishbone> every block seem too often
Nov 20 21:35:16 Nov 20 21:35:16 <dw1> it's a somewhat gradual
<dw1> it's a somewhat gradual
Nov 20 21:35:21 Nov 20 21:35:21 <dw1> *
<dw1> *
Nov 20 21:35:27 Nov 20 21:35:27 <fishbone> every block can be random time right
<fishbone> every block can be random time right
Nov 20 21:35:31 Nov 20 21:35:31 <fishbone> need a good average
<fishbone> need a good average
Nov 20 21:36:05 Nov 20 21:36:05 <dw1> they made a complicated formula
<dw1> they made a complicated formula
Nov 20 21:36:59 Nov 20 21:36:59 <dw1> https://www.bitcoinabc.org/november
<dw1> https://www.bitcoinabc.org/november
Nov 20 21:37:06 <dw1> there's a more technical page somewhere where was it
Nov 20 21:37:06 <dw1> there's a more technical page somewhere where was it
Nov 20 21:37:30 Nov 20 21:37:30 <dw1> https://github.com/Bitcoin-UAHF/spec/blob/master/nov-13-hardfork-spec.md
<dw1> https://github.com/Bitcoin-UAHF/spec/blob/master/nov-13-hardfork-spec.md
Nov 20 21:39:11 Nov 20 21:39:11 <fishbone> takes some time to get into those things
<fishbone> takes some time to get into those things
Nov 20 21:39:14 Nov 20 21:39:14 <fishbone> are you a coder or
<fishbone> are you a coder or
Nov 20 21:39:27 Nov 20 21:39:27 <dw1> yes and no
<dw1> yes and no
Nov 20 21:39:34 Nov 20 21:39:34 <dw1> i do PHP not C :P
<dw1> i do PHP not C :P
Nov 20 21:39:44 Nov 20 21:39:44 <fishbone> i like php
<fishbone> i like php
Nov 20 21:41:44 <fishbone> isn't c++ and such more common nowdays
Nov 20 21:41:44 <fishbone> isn't c++ and such more common nowdays
Nov 20 21:42:01 Nov 20 21:42:01 <fishbone> most like the object oriented stuff
<fishbone> most like the object oriented stuff
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Nov 20 22:17:01 <dw1> lol i made this for the whiny core minions https://pbs.twimg.com/media/DPIBMxvVAAAwSUl.jpg
Nov 20 22:17:01 <dw1> lol i made this for the whiny core minions https://pbs.twimg.com/media/DPIBMxvVAAAwSUl.jpg
Nov 20 22:17:37 Nov 20 22:17:37 <dw1> shit just got real.
<dw1> shit just got real.
Nov 20 22:19:42 <dw1> i was gonna keep it civil.
Nov 20 22:19:42 <dw1> i was gonna keep it civil.
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Nov 20 22:47:48 Nov 20 22:47:48 <moriarty> https://thenextweb.com/hardfork/2017/11/20/cryptocurrency-exit-scam-confido/ - another ICO scam
<moriarty> https://thenextweb.com/hardfork/2017/11/20/cryptocurrency-exit-scam-confido/ - another ICO scam
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Nov 20 23:52:16 Nov 20 23:52:16 <blarney> the great droppenings has come
<blarney> the great droppenings has come
Nov 21 00:01:49 Nov 21 00:01:49 <satoshidust> tether hacked @ 30m?
<satoshidust> tether hacked @ 30m?
Nov 21 00:02:09 Nov 21 00:02:09 <satoshidust> fishbone: think bch adjusts every block based on last 144 blocks
<satoshidust> fishbone: think bch adjusts every block based on last 144 blocks
Nov 21 00:02:47 Nov 21 00:02:47 <satoshidust> dw1: solid meme bro
<satoshidust> dw1: solid meme bro
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Nov 21 00:24:47 Nov 21 00:24:47 <dw1> eheh
<dw1> eheh
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Nov 21 00:37:56 Nov 21 00:37:56 <moriarty> https://techcrunch.com/2017/11/19/100-cryptocurrencies-described-in-4-words-or-less/
<moriarty> https://techcrunch.com/2017/11/19/100-cryptocurrencies-described-in-4-words-or-less/
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Nov 21 18:22:06 Nov 21 18:22:06 <thecha> hi friends of the bcash! why is the price of bcash so low compared to BTC? isn't it the basic same underlying technology just differnet block sizes?
<thecha> hi friends of the bcash! why is the price of bcash so low compared to BTC? isn't it the basic same underlying technology just differnet block sizes?
Nov 21 18:26:57 Nov 21 18:26:57 <hinv> thecha, it's not bcash
<hinv> thecha, it's not bcash
Nov 21 18:27:02 Nov 21 18:27:02 <hinv> it's Bitcoin Cash
<hinv> it's Bitcoin Cash
Nov 21 18:28:26 Nov 21 18:28:26 <thecha> sorry did not mean to say bcash
<thecha> sorry did not mean to say bcash
Nov 21 18:29:00 <hinv> The price of Bitcoin Cash is currently lower than Bitcoin Core because of the name, IMHO, and people don't understand economics.
Nov 21 18:29:00 <hinv> The price of Bitcoin Cash is currently lower than Bitcoin Core because of the name, IMHO, and people don't understand economics.
Nov 21 18:29:16 Nov 21 18:29:16 <thecha> hinv can you try to explain it to me?
<thecha> hinv can you try to explain it to me?
Nov 21 18:29:30 Nov 21 18:29:30 <thecha> I tried wrapping my head around this one
<thecha> I tried wrapping my head around this one
Nov 21 18:29:31 Nov 21 18:29:31 <hinv> nope. Roger Ver does a great job though
<hinv> nope. Roger Ver does a great job though
Nov 21 18:29:37 <thecha> the tech i the same right?
Nov 21 18:29:37 <thecha> the tech i the same right?
Nov 21 18:29:48 Nov 21 18:29:48 <thecha> only thing different is the block size?
<thecha> only thing different is the block size?
Nov 21 18:29:50 Nov 21 18:29:50 <hinv> different difficulty adjustment algo
<hinv> different difficulty adjustment algo
Nov 21 18:29:55 Nov 21 18:29:55 <thecha> oh
<thecha> oh
Nov 21 18:29:55 Nov 21 18:29:55 <hinv> different block size
<hinv> different block size
Nov 21 18:30:27 <thecha> can you talk about how these two differences likely affect the currency Bitcoin Cash?
Nov 21 18:30:27 <thecha> can you talk about how these two differences likely affect the currency Bitcoin Cash?
Nov 21 18:30:44 <hinv> Bitcoin Core does not have all of the data that SegWit get's rid of
Nov 21 18:30:44 <hinv> Bitcoin Core does not have all of the data that SegWit get's rid of
Nov 21 18:31:33 Nov 21 18:31:33 <hinv> also there is antireplay chunk of code that keeps your Bitcoin Core transactions from getting replayed on Bitcoin Cash
<hinv> also there is antireplay chunk of code that keeps your Bitcoin Core transactions from getting replayed on Bitcoin Cash
Nov 21 18:32:02 Nov 21 18:32:02 <hinv> if you see/hear someone calling Bitcoin Cash bcash after you object
<hinv> if you see/hear someone calling Bitcoin Cash bcash after you object
Nov 21 18:32:26 Nov 21 18:32:26 <hinv> Just start calling Bitcoin Core "bcore"
<hinv> Just start calling Bitcoin Core "bcore"
Nov 21 18:32:30 Nov 21 18:32:30 <thecha> lol
<thecha> lol
Nov 21 18:32:39 <hinv> one minute
Nov 21 18:32:39 <hinv> one minute
Nov 21 18:32:44 <thecha> is there some sort of competition going on?
Nov 21 18:32:44 <thecha> is there some sort of competition going on?
Nov 21 18:32:46 <thecha> k
Nov 21 18:32:46 <thecha> k
Nov 21 18:32:56 Nov 21 18:32:56 <hinv> oh yeah
<hinv> oh yeah
Nov 21 18:33:08 Nov 21 18:33:08 <hinv> https://letstalkbitcoin.com/blog/post/the-crypto-show-roger-ver-on-the-rise-of-bitcoin-cash
<hinv> https://letstalkbitcoin.com/blog/post/the-crypto-show-roger-ver-on-the-rise-of-bitcoin-cash
Nov 21 18:33:15 <thecha> why is bcore worse than bitcoin cash?
Nov 21 18:33:15 <thecha> why is bcore worse than bitcoin cash?
Nov 21 18:33:33 Nov 21 18:33:33 <thecha> clearly the transactions are expensive and slow
<thecha> clearly the transactions are expensive and slow
Nov 21 18:33:36 Nov 21 18:33:36 <thecha> or so i heard
<thecha> or so i heard
Nov 21 18:33:38 Nov 21 18:33:38 <hinv> Because transactions fail to happen if you don't have enough fees
<hinv> Because transactions fail to happen if you don't have enough fees
Nov 21 18:33:44 Nov 21 18:33:44 <thecha> oh ok
<thecha> oh ok
Nov 21 18:33:53 <hinv> or slow
Nov 21 18:33:53 <hinv> or slow
Nov 21 18:33:57 <thecha> in Bitcoin Cash are trasnactions fast?
Nov 21 18:33:57 <thecha> in Bitcoin Cash are trasnactions fast?
Nov 21 18:34:10 <hinv> unless you pay some pretty good fees like .001BTC which is over $8
Nov 21 18:34:10 <hinv> unless you pay some pretty good fees like .001BTC which is over $8
Nov 21 18:34:24 Nov 21 18:34:24 <thecha> since blocks are now still empty wont they guaranteed trasnaction to go through next block latest?
<thecha> since blocks are now still empty wont they guaranteed trasnaction to go through next block latest?
Nov 21 18:34:42 Nov 21 18:34:42 <thecha> hinv→ I dont have that kinda money
<thecha> hinv→ I dont have that kinda money
Nov 21 18:35:10 Nov 21 18:35:10 <hinv> yes, transactions in Bitcoin Cash are very fast, and so reliable that it is not necessarily evening needing confirmations
<hinv> yes, transactions in Bitcoin Cash are very fast, and so reliable that it is not necessarily evening needing confirmations
Nov 21 18:35:10 Nov 21 18:35:10 <thecha> I would probably wait since i am probably gonna be the one doing the paying who cares...
<thecha> I would probably wait since i am probably gonna be the one doing the paying who cares...
Nov 21 18:35:32 Nov 21 18:35:32 <thecha> hinv what do you mean no confirmations?
<thecha> hinv what do you mean no confirmations?
Nov 21 18:35:35 Nov 21 18:35:35 <hinv> at one point last week, there were over 140,000 transactions backed up on the Bitcoin Core network
<hinv> at one point last week, there were over 140,000 transactions backed up on the Bitcoin Core network
Nov 21 18:35:39 Nov 21 18:35:39 <thecha> wihtout confirmations how can i be sure?
<thecha> wihtout confirmations how can i be sure?
Nov 21 18:36:02 <thecha> how many days worth of transactions is this?
Nov 21 18:36:02 <thecha> how many days worth of transactions is this?
Nov 21 18:36:13 Nov 21 18:36:13 <thecha> will this just accumulate further and further?
<thecha> will this just accumulate further and further?
Nov 21 18:36:15 Nov 21 18:36:15 <hinv> When you do a transaction, it gets broadcast to all of the nodes your wallet is connected to
<hinv> When you do a transaction, it gets broadcast to all of the nodes your wallet is connected to
Nov 21 18:36:24 Nov 21 18:36:24 <hinv> this crosses the globe in like 15 seconds
<hinv> this crosses the globe in like 15 seconds
Nov 21 18:37:04 Nov 21 18:37:04 <hinv> because of the highly reliable reputation of Bitcoin Cash, almost no transactions don't make it into a block
<hinv> because of the highly reliable reputation of Bitcoin Cash, almost no transactions don't make it into a block
Nov 21 18:38:08 Nov 21 18:38:08 <hinv> you can even still send zero fee transactions with Bitcoin Cash, but don't mix zero fee with zero confirmations as those will be the first to fail when the network gets congested again
<hinv> you can even still send zero fee transactions with Bitcoin Cash, but don't mix zero fee with zero confirmations as those will be the first to fail when the network gets congested again
Nov 21 18:38:55 Nov 21 18:38:55 <hinv> thecha, no, Bitcoin Core's transaction backlog is currently a little over 19450 transactions
<hinv> thecha, no, Bitcoin Core's transaction backlog is currently a little over 19450 transactions
Nov 21 18:39:00 Nov 21 18:39:00 <thecha> hinv i have a couple questions regarding mining
<thecha> hinv i have a couple questions regarding mining
Nov 21 18:39:06 Nov 21 18:39:06 <hinv> so it has been catching up
<hinv> so it has been catching up
Nov 21 18:39:10 Nov 21 18:39:10 <thecha> is mining BCH as difficult as BTC?
<thecha> is mining BCH as difficult as BTC?
Nov 21 18:39:37 Nov 21 18:39:37 <thecha> i know you canot mine BTC in a western nation with gpx and the like... is this different with BCH?
<thecha> i know you canot mine BTC in a western nation with gpx and the like... is this different with BCH?
Nov 21 18:39:38 Nov 21 18:39:38 <hinv> but I had to pay .01BTC transaction fee a week ago to be sure that it would hit my wallet within an hour
<hinv> but I had to pay .01BTC transaction fee a week ago to be sure that it would hit my wallet within an hour
Nov 21 18:39:52 <thecha> is BCH stil minable in the west?
Nov 21 18:39:52 <thecha> is BCH stil minable in the west?
Nov 21 18:39:57 Nov 21 18:39:57 <hinv> thecha, yes it is. A little more profitable now though.
<hinv> thecha, yes it is. A little more profitable now though.
Nov 21 18:40:19 Nov 21 18:40:19 <hinv> they both are, depending on your need for heat and the price of electricity
<hinv> they both are, depending on your need for heat and the price of electricity
Nov 21 18:40:37 Nov 21 18:40:37 <thecha> electricity is about US$.35 a KWH
<thecha> electricity is about US$.35 a KWH
Nov 21 18:40:39 Nov 21 18:40:39 <hinv> but I buy my hashing power
<hinv> but I buy my hashing power
Nov 21 18:40:46 Nov 21 18:40:46 <thecha> and i do not need a lot of heat
<thecha> and i do not need a lot of heat
Nov 21 18:40:53 <hinv> mine here is .085
Nov 21 18:40:53 <hinv> mine here is .085
Nov 21 18:40:55 Nov 21 18:40:55 <hinv> where are you
<hinv> where are you
Nov 21 18:40:57 Nov 21 18:40:57 <hinv> ?
<hinv> ?
Nov 21 18:41:06 <thecha> .085? where are you? omg
Nov 21 18:41:06 <thecha> .085? where are you? omg
Nov 21 18:41:12 Nov 21 18:41:12 <hinv> Tennessee
<hinv> Tennessee
Nov 21 18:41:17 Nov 21 18:41:17 <thecha> i am in europe
<thecha> i am in europe
Nov 21 18:41:20 Nov 21 18:41:20 <hinv> ok
<hinv> ok
Nov 21 18:41:26 Nov 21 18:41:26 <thecha> i think we do have less resources than the US
<thecha> i think we do have less resources than the US
Nov 21 18:41:40 Nov 21 18:41:40 <hinv> Iceland has electricity at 6cents/kwh
<hinv> Iceland has electricity at 6cents/kwh
Nov 21 18:41:46 <thecha> the US has large reservoires of this new kind of oil
Nov 21 18:41:46 <thecha> the US has large reservoires of this new kind of oil
Nov 21 18:41:50 <thecha> how the hell?
Nov 21 18:41:50 <thecha> how the hell?
Nov 21 18:42:00 Nov 21 18:42:00 <thecha> sorry for cursing but wtf
<thecha> sorry for cursing but wtf
Nov 21 18:42:18 Nov 21 18:42:18 <thecha> they are on a freacking island how do they get energy this cheap?
<thecha> they are on a freacking island how do they get energy this cheap?
Nov 21 18:42:31 Nov 21 18:42:31 <thecha> probably norway!
<thecha> probably norway!
Nov 21 18:42:34 Nov 21 18:42:34 <hinv> check your pm, we wandered into offtopic terrtory
<hinv> check your pm, we wandered into offtopic terrtory
Nov 21 18:42:40 Nov 21 18:42:40 <thecha> sorry
<thecha> sorry
Nov 21 19:15:28 Nov 21 19:15:28 <dw1> geothermal .. from volcanoes
<dw1> geothermal .. from volcanoes
Nov 21 19:15:48 Nov 21 19:15:48 <dw1> both BTC and BCH need ASICs not GPU to be very profitable
<dw1> both BTC and BCH need ASICs not GPU to be very profitable
Nov 21 19:15:55 <dw1> like Antminer S9
Nov 21 19:15:55 <dw1> like Antminer S9
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Nov 21 23:33:30 <hinv> !cap
Nov 21 23:33:30 <hinv> !cap
Nov 21 23:33:31 Nov 21 23:33:31 <Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $19937535262.0 2449774.06973258 BTC, MoneySupply: 16815275.0, Price: $1185.68, 0.145749 BTC, Volume: $588422000.0, 72300.86059873 BTC 1h: 0.57%, 24h: 1.33%, 7d: -7.79%
<Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $19937535262.0 2449774.06973258 BTC, MoneySupply: 16815275.0, Price: $1185.68, 0.145749 BTC, Volume: $588422000.0, 72300.86059873 BTC 1h: 0.57%, 24h: 1.33%, 7d: -7.79%
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Nov 22 08:51:00 Nov 22 08:51:00 <dw1> https://www.tradingview.com/x/0iY7mFa7/
<dw1> https://www.tradingview.com/x/0iY7mFa7/
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Nov 22 08:59:33 Nov 22 08:59:33 <booyah> flippenning when?
<booyah> flippenning when?
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Nov 22 09:12:19 Nov 22 09:12:19 <dw1> https://www.tradingview.com/x/rM4lwIu7/
<dw1> https://www.tradingview.com/x/rM4lwIu7/
Nov 22 09:12:24 Nov 22 09:12:24 <dw1> not yet :p
<dw1> not yet :p
Nov 22 09:13:04 Nov 22 09:13:04 <dw1> hold onto your buttstream
<dw1> hold onto your buttstream
Nov 22 09:13:15 Nov 22 09:13:15 <fishbone> interesting push
<fishbone> interesting push
Nov 22 09:13:53 <dw1> BCH is blowing up social media atm
Nov 22 09:13:53 <dw1> BCH is blowing up social media atm
Nov 22 09:13:57 Nov 22 09:13:57 <dw1> shant be long :P
<dw1> shant be long :P
Nov 22 09:14:26 Nov 22 09:14:26 <dw1> many exchanges and wallets adding it in near future
<dw1> many exchanges and wallets adding it in near future
Nov 22 09:14:39 Nov 22 09:14:39 <dw1> faster than pretty much any other coin
<dw1> faster than pretty much any other coin
Nov 22 09:14:52 Nov 22 09:14:52 <dw1> blockstream screwed up by screwing with the miners
<dw1> blockstream screwed up by screwing with the miners
Nov 22 09:15:06 Nov 22 09:15:06 <dw1> chinese only care about profit
<dw1> chinese only care about profit
Nov 22 09:16:03 Nov 22 09:16:03 <fishbone> dw1: are you a miner
<fishbone> dw1: are you a miner
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Nov 22 09:16:14 Nov 22 09:16:14 <dw1> so when blockstream shut down the 2MB in favour of secondary markets they got mad
<dw1> so when blockstream shut down the 2MB in favour of secondary markets they got mad
Nov 22 09:16:29 Nov 22 09:16:29 <dw1> i mine ETH
<dw1> i mine ETH
Nov 22 09:16:36 Nov 22 09:16:36 <dw1> not BCH yet
<dw1> not BCH yet
Nov 22 09:17:21 <dw1> https://www.forbes.com/sites/laurashin/2016/02/12/chinas-role-in-bitcoin-how-cultural-differences-are-affecting-the-technologys-progress/#7ebf6a79733c
Nov 22 09:17:21 <dw1> https://www.forbes.com/sites/laurashin/2016/02/12/chinas-role-in-bitcoin-how-cultural-differences-are-affecting-the-technologys-progress/#7ebf6a79733c
Nov 22 09:19:54 Nov 22 09:19:54 <dw1> https://fork.lol/
<dw1> https://fork.lol/
Nov 22 09:20:00 Nov 22 09:20:00 <dw1> BCH still kicking butt for miner profits
<dw1> BCH still kicking butt for miner profits
Nov 22 09:20:27 Nov 22 09:20:27 <dw1> it appears that flippening already happened
<dw1> it appears that flippening already happened
Nov 22 09:20:28 Nov 22 09:20:28 <dw1> :]
<dw1> :]
Nov 22 09:21:12 Nov 22 09:21:12 <dw1> but BTC is resilient.. when it slows down fees go up then it becomes profitable again
<dw1> but BTC is resilient.. when it slows down fees go up then it becomes profitable again
Nov 22 09:21:44 Nov 22 09:21:44 <dw1> so when the users suffer they get their miners back
<dw1> so when the users suffer they get their miners back
Nov 22 09:22:16 Nov 22 09:22:16 <sturles> dw1: Blockstream?
<sturles> dw1: Blockstream?
Nov 22 09:22:32 Nov 22 09:22:32 <dw1> https://en.wikipedia.org/wiki/Blockstream
<dw1> https://en.wikipedia.org/wiki/Blockstream
Nov 22 09:22:44 Nov 22 09:22:44 <dw1> they pay Core developers and are basically responsible for the 1MB limit and focus on sidechains
<dw1> they pay Core developers and are basically responsible for the 1MB limit and focus on sidechains
Nov 22 09:23:01 Nov 22 09:23:01 <sturles> What does Blockstream have to do with what the entire development team and most of the market decides?
<sturles> What does Blockstream have to do with what the entire development team and most of the market decides?
Nov 22 09:23:17 <dw1> they are driving the limits and sidechains
Nov 22 09:23:17 <dw1> they are driving the limits and sidechains
Nov 22 09:23:23 <sturles> Blockstream has about three or four voices among more than 100 in the development team alone.
Nov 22 09:23:23 <sturles> Blockstream has about three or four voices among more than 100 in the development team alone.
Nov 22 09:23:52 Nov 22 09:23:52 <sturles> Many companies are working on sidechains, Lightning, etc.
<sturles> Many companies are working on sidechains, Lightning, etc.
Nov 22 09:24:03 Nov 22 09:24:03 <dw1> who cares
<dw1> who cares
Nov 22 09:24:13 <dw1> are you on the payroll
Nov 22 09:24:13 <dw1> are you on the payroll
Nov 22 09:24:23 Nov 22 09:24:23 <sturles> There are several Lightning implementations, and Blockstream's is not even on the mainnet yet.
<sturles> There are several Lightning implementations, and Blockstream's is not even on the mainnet yet.
Nov 22 09:24:30 <sturles> What?
Nov 22 09:24:30 <sturles> What?
Nov 22 09:24:35 Nov 22 09:24:35 <dw1> simple question
<dw1> simple question
Nov 22 09:24:43 Nov 22 09:24:43 <sturles> I am on nobody's payroll.
<sturles> I am on nobody's payroll.
Nov 22 09:25:06 Nov 22 09:25:06 <sturles> I have been trading bitcoin since 2010, and that is what I do full time now.'
<sturles> I have been trading bitcoin since 2010, and that is what I do full time now.'
Nov 22 09:25:23 Nov 22 09:25:23 <dw1> #bitcoin then
<dw1> #bitcoin then
Nov 22 09:25:28 Nov 22 09:25:28 <dw1> (╯°□°)╯ ︵ (ヽ.▫.)ヽ
<dw1> (╯°□°)╯ ︵ (ヽ.▫.)ヽ
Nov 22 09:27:41 Nov 22 09:27:41 <booyah> dw1: <3 blockstream
<booyah> dw1: <3 blockstream
Nov 22 09:27:44 Nov 22 09:27:44 <booyah> 1 MB blocks are the way to go
<booyah> 1 MB blocks are the way to go
Nov 22 09:27:51 <booyah> or 1.5 MB blocks, as they are now
Nov 22 09:27:51 <booyah> or 1.5 MB blocks, as they are now
Nov 22 09:28:08 <dw1> so you're just here to troll
Nov 22 09:28:08 <dw1> so you're just here to troll
Nov 22 09:28:11 <dw1> got it
Nov 22 09:28:11 <dw1> got it
Nov 22 09:28:29 Nov 22 09:28:29 <booyah> dw1: Im here to lol at bcashers each time they lose more and more money due to trusting roger
<booyah> dw1: Im here to lol at bcashers each time they lose more and more money due to trusting roger
Nov 22 09:28:30 Nov 22 09:28:30 <sturles> The maxiumum is 4 MB now.
<sturles> The maxiumum is 4 MB now.
Nov 22 09:28:39 Nov 22 09:28:39 <dw1> hahahha
<dw1> hahahha
Nov 22 09:28:44 Nov 22 09:28:44 <dw1> roger.
<dw1> roger.
Nov 22 09:28:47 Nov 22 09:28:47 <dw1> the boogeyman
<dw1> the boogeyman
Nov 22 09:28:49 Nov 22 09:28:49 <booyah> and how to watch how bcashers give up money independance and decentralisation
<booyah> and how to watch how bcashers give up money independance and decentralisation
Nov 22 09:28:52 Nov 22 09:28:52 <dw1> https://fork.lol/reward/feepct
<dw1> https://fork.lol/reward/feepct
Nov 22 09:28:59 Nov 22 09:28:59 <dw1> look how much BTC users pay for your limits
<dw1> look how much BTC users pay for your limits
Nov 22 09:29:06 Nov 22 09:29:06 <dw1> and you have no shame
<dw1> and you have no shame
Nov 22 09:29:07 <booyah> dw1: yes, it's beautiful
Nov 22 09:29:07 <booyah> dw1: yes, it's beautiful
Nov 22 09:29:12 Nov 22 09:29:12 <dw1> just raping them
<dw1> just raping them
Nov 22 09:29:16 Nov 22 09:29:16 <booyah> it means for example btc chain will never die
<booyah> it means for example btc chain will never die
Nov 22 09:29:16 Nov 22 09:29:16 <sturles> Heh, we all made quite a bit on B2X, which was rigged to fail. Roger knew it. It was as scam from the beginning.
<sturles> Heh, we all made quite a bit on B2X, which was rigged to fail. Roger knew it. It was as scam from the beginning.
Nov 22 09:29:17 Nov 22 09:29:17 <dw1> enjoy being evil
<dw1> enjoy being evil
Nov 22 09:29:24 <booyah> dw1: free market is not evil
Nov 22 09:29:24 <booyah> dw1: free market is not evil
Nov 22 09:29:28 Nov 22 09:29:28 <dw1> fair enough
<dw1> fair enough
Nov 22 09:29:29 Nov 22 09:29:29 <booyah> dw1: are you a commie?
<booyah> dw1: are you a commie?
Nov 22 09:29:38 <dw1> monopolies are evil though
Nov 22 09:29:38 <dw1> monopolies are evil though
Nov 22 09:29:47 Nov 22 09:29:47 <booyah> yes, that is why we love core
<booyah> yes, that is why we love core
Nov 22 09:29:55 Nov 22 09:29:55 <booyah> they smashed monopoly of bitmain in regards to asicboost
<booyah> they smashed monopoly of bitmain in regards to asicboost
Nov 22 09:29:57 Nov 22 09:29:57 <dw1> fear the fork
<dw1> fear the fork
Nov 22 09:30:30 Nov 22 09:30:30 <booyah> dw1: patented monopoly. smashed.
<booyah> dw1: patented monopoly. smashed.
Nov 22 09:30:44 Nov 22 09:30:44 <booyah> by your own values bitcoin core rules and bch drools
<booyah> by your own values bitcoin core rules and bch drools
Nov 22 09:31:02 Nov 22 09:31:02 <dw1> keep suppressing development
<dw1> keep suppressing development
Nov 22 09:31:12 Nov 22 09:31:12 <booyah> also like 98% of blocks on BCH are mined by 1 entity. how's that for a monopoly
<booyah> also like 98% of blocks on BCH are mined by 1 entity. how's that for a monopoly
Nov 22 09:31:22 <sturles> BCH is inferior. It doesn't even support segwit.
Nov 22 09:31:22 <sturles> BCH is inferior. It doesn't even support segwit.
Nov 22 09:31:38 <dw1> dont you have a full time job to do
Nov 22 09:31:38 <dw1> dont you have a full time job to do
Nov 22 09:31:44 <booyah> dw1: wht development, bitcoin core has: segwit, work on side chains, work on payment channels, on lightning network, on schnoor and dozen more
Nov 22 09:31:44 <booyah> dw1: wht development, bitcoin core has: segwit, work on side chains, work on payment channels, on lightning network, on schnoor and dozen more
Nov 22 09:31:52 Nov 22 09:31:52 <dw1> who cares
<dw1> who cares
Nov 22 09:31:54 <dw1> nobody here is interested
Nov 22 09:31:54 <dw1> nobody here is interested
Nov 22 09:32:02 Nov 22 09:32:02 <dw1> you're just being annoying
<dw1> you're just being annoying
Nov 22 09:32:02 Nov 22 09:32:02 <booyah> dw1: you just said you cared about development
<booyah> dw1: you just said you cared about development
Nov 22 09:32:12 <dw1> there are channels for bitcoin development
Nov 22 09:32:12 <dw1> there are channels for bitcoin development
Nov 22 09:32:15 Nov 22 09:32:15 <dw1> im not in them
<dw1> im not in them
Nov 22 09:32:20 <booyah> [15:31] <dw1> keep suppressing development
Nov 22 09:32:20 <booyah> [15:31] <dw1> keep suppressing development
Nov 22 09:33:07 Nov 22 09:33:07 <dw1> yea by trolling in channels you dont support
<dw1> yea by trolling in channels you dont support
Nov 22 09:33:23 Nov 22 09:33:23 <booyah> oh, I am suppressing development? lol.
<booyah> oh, I am suppressing development? lol.
Nov 22 09:33:42 <dw1> not helping it
Nov 22 09:33:42 <dw1> not helping it
Nov 22 09:33:59 Nov 22 09:33:59 <dw1> just toeing the line
<dw1> just toeing the line
Nov 22 09:34:03 Nov 22 09:34:03 <dw1> and off topic
<dw1> and off topic
Nov 22 09:34:33 Nov 22 09:34:33 <dw1> so congrats youre a nuisance
<dw1> so congrats youre a nuisance
Nov 22 09:36:31 <dw1> https://bitco.in/forum/threads/announcing-the-next-bu-vote-december-6th.6444/
Nov 22 09:36:31 <dw1> https://bitco.in/forum/threads/announcing-the-next-bu-vote-december-6th.6444/
Nov 22 09:36:38 <booyah> dw1: do you enjoy the plans for 1 GB blocks, and resulting inability for almost all normal people to run own validating node?
Nov 22 09:36:38 <booyah> dw1: do you enjoy the plans for 1 GB blocks, and resulting inability for almost all normal people to run own validating node?
Nov 22 09:37:01 Nov 22 09:37:01 <dw1> let's flesh it out see what happens
<dw1> let's flesh it out see what happens
Nov 22 09:37:15 Nov 22 09:37:15 <dw1> and let the market decide
<dw1> and let the market decide
Nov 22 09:37:23 Nov 22 09:37:23 <dw1> does it worry you
<dw1> does it worry you
Nov 22 09:37:31 <booyah> it's obvious how big the chain will be and how long it will take for intial sync after few years. do you enjoy this direction?
Nov 22 09:37:31 <booyah> it's obvious how big the chain will be and how long it will take for intial sync after few years. do you enjoy this direction?
Nov 22 09:37:52 Nov 22 09:37:52 <dw1> why would i be here if i didnt find it intriguing
<dw1> why would i be here if i didnt find it intriguing
Nov 22 09:38:09 <booyah> dw1: no, it's great for me since I got tons of money from idiots who given me real Bitcoin for my free bch, but I am curious at this double thinking of giving up all economical freedom
Nov 22 09:38:09 <booyah> dw1: no, it's great for me since I got tons of money from idiots who given me real Bitcoin for my free bch, but I am curious at this double thinking of giving up all economical freedom
Nov 22 09:38:13 Nov 22 09:38:13 <dw1> why are you so interested in what i believe
<dw1> why are you so interested in what i believe
Nov 22 09:38:19 Nov 22 09:38:19 <dw1> ok calm down bro
<dw1> ok calm down bro
Nov 22 09:38:23 Nov 22 09:38:23 <dw1> i dont are
<dw1> i dont are
Nov 22 09:38:25 Nov 22 09:38:25 <dw1> care
<dw1> care
Nov 22 09:38:28 Nov 22 09:38:28 <dw1> lol
<dw1> lol
Nov 22 09:38:42 <dw1> tl;dr
Nov 22 09:38:42 <dw1> tl;dr
Nov 22 09:38:46 <dw1> (╯°□°)╯ ︵ (ヽ.▫.)ヽ
Nov 22 09:38:46 <dw1> (╯°□°)╯ ︵ (ヽ.▫.)ヽ
Nov 22 09:38:49 <dw1> gtfo
Nov 22 09:38:49 <dw1> gtfo
Nov 22 09:39:12 Nov 22 09:39:12 <booyah> typical meritorical discussion with bcashers
<booyah> typical meritorical discussion with bcashers
Nov 22 09:39:21 <dw1> it's not a discussion it's a monologue
Nov 22 09:39:21 <dw1> it's not a discussion it's a monologue
Nov 22 09:39:26 Nov 22 09:39:26 <dw1> you made that clear
<dw1> you made that clear
Nov 22 09:39:39 Nov 22 09:39:39 <dw1> go rant to people who care
<dw1> go rant to people who care
Nov 22 09:39:45 <dw1> call your mom
Nov 22 09:39:45 <dw1> call your mom
Nov 22 09:40:45 Nov 22 09:40:45 <dw1> all the energy you put in here is a waste
<dw1> all the energy you put in here is a waste
Nov 22 09:42:52 <dw1> https://pbs.twimg.com/media/DPIBMxvVAAAwSUl.jpg
Nov 22 09:42:52 <dw1> https://pbs.twimg.com/media/DPIBMxvVAAAwSUl.jpg
Nov 22 09:43:17 Nov 22 09:43:17 <dw1> lulz
<dw1> lulz
Nov 22 09:43:26 Nov 22 09:43:26 <dw1> Core minions
<dw1> Core minions
Nov 22 09:44:16 Nov 22 09:44:16 <dw1> http://i.imgur.com/A8gWIpn.gif
<dw1> http://i.imgur.com/A8gWIpn.gif
Nov 22 09:44:29 <dw1> ^ booyah when BCH price rises
Nov 22 09:44:29 <dw1> ^ booyah when BCH price rises
Nov 22 09:46:23 Nov 22 09:46:23 <txter> I think everyone aggrees that the vision was, and is still, that not everyone runs a full node. So the fact that the cash blockchain is 8mb should not worry anybody in the long run
<txter> I think everyone aggrees that the vision was, and is still, that not everyone runs a full node. So the fact that the cash blockchain is 8mb should not worry anybody in the long run
Nov 22 09:47:18 Nov 22 09:47:18 <dw1> people who want to run sidechains want their fee market tho
<dw1> people who want to run sidechains want their fee market tho
Nov 22 09:47:24 Nov 22 09:47:24 <dw1> their own personal fee market
<dw1> their own personal fee market
Nov 22 09:47:42 Nov 22 09:47:42 <dw1> they dont belong here
<dw1> they dont belong here
Nov 22 09:48:01 Nov 22 09:48:01 <booyah> txter: I do not think that. Most people should run nodes if they want to avoid receive faked blocks from cabal of miners. and you have 90-98% of blocks by 1 miner so he can easily pull it off when the day comes
<booyah> txter: I do not think that. Most people should run nodes if they want to avoid receive faked blocks from cabal of miners. and you have 90-98% of blocks by 1 miner so he can easily pull it off when the day comes
Nov 22 09:48:23 Nov 22 09:48:23 <dw1> citation needed
<dw1> citation needed
Nov 22 09:48:24 <dw1> not true
Nov 22 09:48:24 <dw1> not true
Nov 22 09:48:28 <txter> Core should have increased the size to at least 2mb, then they would have had more time and less pressure to implement other ways of taking stress off the system
Nov 22 09:48:28 <txter> Core should have increased the size to at least 2mb, then they would have had more time and less pressure to implement other ways of taking stress off the system
Nov 22 09:48:48 Nov 22 09:48:48 <dw1> yeah and they wouldnt have pissed off the chinese
<dw1> yeah and they wouldnt have pissed off the chinese
Nov 22 09:48:50 Nov 22 09:48:50 <booyah> txter: it was just increased to 1.6 mb effective tx size (and 4 mb physical size afair)
<booyah> txter: it was just increased to 1.6 mb effective tx size (and 4 mb physical size afair)
Nov 22 09:48:51 Nov 22 09:48:51 <txter> booyah: I respect your oppinion. But it's not what most people think
<txter> booyah: I respect your oppinion. But it's not what most people think
Nov 22 09:49:09 <dw1> "90-98% by one miner" https://cash.coin.dance/blocks/image/thisweek.png
Nov 22 09:49:09 <dw1> "90-98% by one miner" https://cash.coin.dance/blocks/image/thisweek.png
Nov 22 09:49:10 Nov 22 09:49:10 <booyah> txter: it is what most poeple thiking (by market share at least), as market share indicated
<booyah> txter: it is what most poeple thiking (by market share at least), as market share indicated
Nov 22 09:49:14 Nov 22 09:49:14 <dw1> know-nothing
<dw1> know-nothing
Nov 22 09:49:25 Nov 22 09:49:25 <dw1> just lies
<dw1> just lies
Nov 22 09:49:41 Nov 22 09:49:41 <booyah> viabtc + bitcoin.com + mystery miner, bro
<booyah> viabtc + bitcoin.com + mystery miner, bro
Nov 22 09:49:48 Nov 22 09:49:48 <txter> mining power is not market share, if only powerful miners where the users then bitcoin would have no value
<txter> mining power is not market share, if only powerful miners where the users then bitcoin would have no value
Nov 22 09:49:52 <dw1> revise your numbers liar
Nov 22 09:49:52 <dw1> revise your numbers liar
Nov 22 09:50:10 Nov 22 09:50:10 <dw1> prove the unknown is one miner
<dw1> prove the unknown is one miner
Nov 22 09:50:12 <dw1> etc
Nov 22 09:50:12 <dw1> etc
Nov 22 09:50:15 Nov 22 09:50:15 <dw1> you're just guessing
<dw1> you're just guessing
Nov 22 09:50:15 Nov 22 09:50:15 <booyah> dw1: you forgot to sum the cooperating parties, imbecile :)
<booyah> dw1: you forgot to sum the cooperating parties, imbecile :)
Nov 22 09:50:26 Nov 22 09:50:26 <booyah> well he uses the same wallet number duh
<booyah> well he uses the same wallet number duh
Nov 22 09:50:37 Nov 22 09:50:37 <dw1> prove it
<dw1> prove it
Nov 22 09:50:47 Nov 22 09:50:47 <dw1> i respond to facts
<dw1> i respond to facts
Nov 22 09:50:48 <booyah> see in block explorer
Nov 22 09:50:48 <booyah> see in block explorer
Nov 22 09:51:18 Nov 22 09:51:18 <dw1> talk is cheap
<dw1> talk is cheap
Nov 22 09:51:23 <booyah> txter: right, I was saying that 85% of market choosed bitcoin. and over 50% compared to all alternatives combined
Nov 22 09:51:23 <booyah> txter: right, I was saying that 85% of market choosed bitcoin. and over 50% compared to all alternatives combined
Nov 22 09:51:41 <dw1> times change
Nov 22 09:51:41 <dw1> times change
Nov 22 09:51:49 Nov 22 09:51:49 <dw1> BTC dominance 56% now
<dw1> BTC dominance 56% now
Nov 22 09:51:59 Nov 22 09:51:59 <booyah> 85% over bcash
<booyah> 85% over bcash
Nov 22 09:52:04 Nov 22 09:52:04 <dw1> it's 3 months old
<dw1> it's 3 months old
Nov 22 09:52:22 Nov 22 09:52:22 <dw1> and coming for your profitz
<dw1> and coming for your profitz
Nov 22 09:52:37 Nov 22 09:52:37 <dw1> phear
<dw1> phear
Nov 22 09:52:43 <booyah> well I sold at 15-20% and more :}
Nov 22 09:52:43 <booyah> well I sold at 15-20% and more :}
Nov 22 09:52:54 Nov 22 09:52:54 <dw1> nobody cares
<dw1> nobody cares
Nov 22 09:53:00 <booyah> and roger ver conned some poor souls to thinking it will be 1:1 lol
Nov 22 09:53:00 <booyah> and roger ver conned some poor souls to thinking it will be 1:1 lol
Nov 22 09:53:21 Nov 22 09:53:21 <booyah> like he offered 1:1 trades at start
<booyah> like he offered 1:1 trades at start
Nov 22 09:53:27 <dw1> so what
Nov 22 09:53:27 <dw1> so what
Nov 22 09:53:37 Nov 22 09:53:37 <dw1> why you so obsessed with him
<dw1> why you so obsessed with him
Nov 22 09:53:40 <dw1> do you think he's hot
Nov 22 09:53:40 <dw1> do you think he's hot
Nov 22 09:53:51 Nov 22 09:53:51 <booyah> he's the biggest conman in crypto space
<booyah> he's the biggest conman in crypto space
Nov 22 09:53:53 Nov 22 09:53:53 <dw1> ¯\_(ツ)_/¯
<dw1> ¯\_(ツ)_/¯
Nov 22 09:53:57 Nov 22 09:53:57 <dw1> so you're jealous
<dw1> so you're jealous
Nov 22 09:54:05 Nov 22 09:54:05 <booyah> from mtgox in 2011, through bcash up to b2x. haha each fucking time
<booyah> from mtgox in 2011, through bcash up to b2x. haha each fucking time
Nov 22 09:54:30 Nov 22 09:54:30 <dw1> and he occupies your brain
<dw1> and he occupies your brain
Nov 22 09:54:33 Nov 22 09:54:33 <dw1> non-stop
<dw1> non-stop
Nov 22 09:54:37 Nov 22 09:54:37 <dw1> well played rog
<dw1> well played rog
Nov 22 09:54:39 <booyah> and still gets you along for the ride :D that's just awesome
Nov 22 09:54:39 <booyah> and still gets you along for the ride :D that's just awesome
Nov 22 09:54:41 Nov 22 09:54:41 <txter> booyah: Great, don't you think it's good then that some portion chose another way. And in the future each group could learn from each other and possibly make an even stronger crypto currency ecosystem?
<txter> booyah: Great, don't you think it's good then that some portion chose another way. And in the future each group could learn from each other and possibly make an even stronger crypto currency ecosystem?
Nov 22 09:54:54 <dw1> you know what they say any publicity is good publicity
Nov 22 09:54:54 <dw1> you know what they say any publicity is good publicity
Nov 22 09:55:01 Nov 22 09:55:01 <dw1> streisand effect
<dw1> streisand effect
Nov 22 09:55:03 Nov 22 09:55:03 <dw1> keep promoting roger
<dw1> keep promoting roger
Nov 22 09:55:06 Nov 22 09:55:06 <dw1> <3
<dw1> <3
Nov 22 09:55:08 <booyah> txter: that is what other, respectable altcoins do
Nov 22 09:55:08 <booyah> txter: that is what other, respectable altcoins do
Nov 22 09:55:37 Nov 22 09:55:37 <booyah> txter: BCash is the only one that focuses around dissing, and *lying* about facts about Bitcoin. like the lies that anyone can spend
<booyah> txter: BCash is the only one that focuses around dissing, and *lying* about facts about Bitcoin. like the lies that anyone can spend
Nov 22 09:55:49 Nov 22 09:55:49 <dw1> you just lied about the miners, so why would we trust you
<dw1> you just lied about the miners, so why would we trust you
Nov 22 09:55:56 Nov 22 09:55:56 <txter> dissing, yet you come here and trash everyone and call them idiots
<txter> dissing, yet you come here and trash everyone and call them idiots
Nov 22 09:56:02 Nov 22 09:56:02 <booyah> dw1: these top miners are one entity
<booyah> dw1: these top miners are one entity
Nov 22 09:56:07 Nov 22 09:56:07 <fishbone> booyah: pretty sure myths are around all coins
<fishbone> booyah: pretty sure myths are around all coins
Nov 22 09:56:09 <dw1> lol
Nov 22 09:56:09 <dw1> lol
Nov 22 09:56:26 Nov 22 09:56:26 <dw1> blog it booyah
<dw1> blog it booyah
Nov 22 09:56:30 <dw1> with proper citations
Nov 22 09:56:30 <dw1> with proper citations
Nov 22 09:56:41 Nov 22 09:56:41 <dw1> and evidence
<dw1> and evidence
Nov 22 09:57:09 Nov 22 09:57:09 <booyah> txter: bcash in fact spreads technical FUD. also, tried to pretend to be bitcoin (like b2x) with same address format. this are good grounds to lose all respect
<booyah> txter: bcash in fact spreads technical FUD. also, tried to pretend to be bitcoin (like b2x) with same address format. this are good grounds to lose all respect
Nov 22 09:57:14 <booyah> other altcoins, do have my respect
Nov 22 09:57:14 <booyah> other altcoins, do have my respect
Nov 22 09:57:38 Nov 22 09:57:38 <dw1> BCH is more bitcoin than BTC at this point so it makes sense
<dw1> BCH is more bitcoin than BTC at this point so it makes sense
Nov 22 09:57:44 <dw1> roger is right
Nov 22 09:57:44 <dw1> roger is right
Nov 22 09:57:54 Nov 22 09:57:54 <booyah> btw there is 0 reason to ever use BCH instead of said reasonable altcoins, like Litecoin. or maybe Eth
<booyah> btw there is 0 reason to ever use BCH instead of said reasonable altcoins, like Litecoin. or maybe Eth
Nov 22 09:57:58 Nov 22 09:57:58 <dw1> segwit fork is crap
<dw1> segwit fork is crap
Nov 22 09:58:04 Nov 22 09:58:04 <txter> I aggree about the address format, but there have been talks about changing that I believe
<txter> I aggree about the address format, but there have been talks about changing that I believe
Nov 22 09:58:10 Nov 22 09:58:10 <dw1> segwit is the fork
<dw1> segwit is the fork
Nov 22 09:58:18 Nov 22 09:58:18 <dw1> BCH is classic bitcoin
<dw1> BCH is classic bitcoin
Nov 22 09:58:25 Nov 22 09:58:25 <booyah> txter: yeap, but it should have been done before. As the beloved Bitcoin Core warned (and was right as usual)
<booyah> txter: yeap, but it should have been done before. As the beloved Bitcoin Core warned (and was right as usual)
Nov 22 09:58:27 Nov 22 09:58:27 <dw1> so change your address booyah
<dw1> so change your address booyah
Nov 22 09:58:28 Nov 22 09:58:28 <fishbone> booyah: why isn't litecoin valued more i wonder
<fishbone> booyah: why isn't litecoin valued more i wonder
Nov 22 09:58:44 Nov 22 09:58:44 <booyah> fishbone: there is no real need for small blocks coin
<booyah> fishbone: there is no real need for small blocks coin
Nov 22 09:58:45 Nov 22 09:58:45 <txter> But understand, many of those that like BCH don't look at BCH as an altcoin, they see it as the real bitcoin
<txter> But understand, many of those that like BCH don't look at BCH as an altcoin, they see it as the real bitcoin
Nov 22 09:58:52 Nov 22 09:58:52 <booyah> BCH gets along due to massive PR
<booyah> BCH gets along due to massive PR
Nov 22 09:58:56 Nov 22 09:58:56 <dw1> segwit should change their address
<dw1> segwit should change their address
Nov 22 09:58:58 Nov 22 09:58:58 <dw1> yup
<dw1> yup
Nov 22 09:59:04 Nov 22 09:59:04 <SoCo_cpp_> The person who spends all day FUD'ing Bitcoin Cash comes to #bitcoincash to shill hypocritically saying that Bitcoin cash spreads fud...lol
<SoCo_cpp_> The person who spends all day FUD'ing Bitcoin Cash comes to #bitcoincash to shill hypocritically saying that Bitcoin cash spreads fud...lol
Nov 22 09:59:13 <booyah> but money for that will run out, BTC will support micro transactions on L2, and then it will be gone
Nov 22 09:59:13 <booyah> but money for that will run out, BTC will support micro transactions on L2, and then it will be gone
Nov 22 09:59:18 <dw1> BTC is dying
Nov 22 09:59:18 <dw1> BTC is dying
Nov 22 09:59:22 Nov 22 09:59:22 <dw1> these are the death throes
<dw1> these are the death throes
Nov 22 09:59:47 Nov 22 09:59:47 <booyah> SoCo_cpp_: I spread no fud about BCH. As opposed to bcashers saying "anyone can spend [steal] segwit transactions"
<booyah> SoCo_cpp_: I spread no fud about BCH. As opposed to bcashers saying "anyone can spend [steal] segwit transactions"
Nov 22 09:59:47 Nov 22 09:59:47 <dw1> should be called molasseschain
<dw1> should be called molasseschain
Nov 22 10:00:21 Nov 22 10:00:21 <dw1> great, generalizations
<dw1> great, generalizations
Nov 22 10:00:23 Nov 22 10:00:23 <SoCo_cpp_> booyah I can cherry pick people saying dumb things too and apply that to a whole community, but that would be dishonest
<SoCo_cpp_> booyah I can cherry pick people saying dumb things too and apply that to a whole community, but that would be dishonest
Nov 22 10:00:28 <booyah> let's see some fresh bcash FUD right now
Nov 22 10:00:28 <booyah> let's see some fresh bcash FUD right now
Nov 22 10:00:34 <booyah> dw1: what do you not like in segwit?
Nov 22 10:00:34 <booyah> dw1: what do you not like in segwit?
Nov 22 10:00:42 <dw1> it's unnecessary and overcomplicated
Nov 22 10:00:42 <dw1> it's unnecessary and overcomplicated
Nov 22 10:00:52 Nov 22 10:00:52 <booyah> aww, that's all?
<booyah> aww, that's all?
Nov 22 10:00:58 Nov 22 10:00:58 <booyah> no "anyone can spend"?
<booyah> no "anyone can spend"?
Nov 22 10:00:58 Nov 22 10:00:58 <txter> SoCo_cpp_: (upvote)
<txter> SoCo_cpp_: (upvote)
Nov 22 10:01:13 Nov 22 10:01:13 <dw1> all this energy for nothing
<dw1> all this energy for nothing
Nov 22 10:01:17 <dw1> booyah loves wasting his life
Nov 22 10:01:17 <dw1> booyah loves wasting his life
Nov 22 10:01:25 <booyah> so you do agree that /r/btc lies, when it keeps shouting "anyone can steal from segwit addresses" ?
Nov 22 10:01:25 <booyah> so you do agree that /r/btc lies, when it keeps shouting "anyone can steal from segwit addresses" ?
Nov 22 10:01:33 Nov 22 10:01:33 <dw1> not one person here is interested
<dw1> not one person here is interested
Nov 22 10:01:57 <dw1> you aint changing the world via #bitcoincash
Nov 22 10:01:57 <dw1> you aint changing the world via #bitcoincash
Nov 22 10:02:00 Nov 22 10:02:00 <dw1> blog it
<dw1> blog it
Nov 22 10:02:12 <booyah> because that is in fact Roger Ver's sub, pushing that lie. He is owner and head moderator
Nov 22 10:02:12 <booyah> because that is in fact Roger Ver's sub, pushing that lie. He is owner and head moderator
Nov 22 10:02:21 Nov 22 10:02:21 <dw1> start a twitter
<dw1> start a twitter
Nov 22 10:02:24 Nov 22 10:02:24 <dw1> do something useful
<dw1> do something useful
Nov 22 10:02:29 <booyah> so there you go, that's why bcash has no respect.
Nov 22 10:02:29 <booyah> so there you go, that's why bcash has no respect.
Nov 22 10:02:45 Nov 22 10:02:45 <booyah> and that obvious lie was on top page like every other day for weeks
<booyah> and that obvious lie was on top page like every other day for weeks
Nov 22 10:03:07 Nov 22 10:03:07 <fishbone> i find it interestign that crypto gets hardcore addopters on either side
<fishbone> i find it interestign that crypto gets hardcore addopters on either side
Nov 22 10:03:09 Nov 22 10:03:09 <booyah> funny how no other alt did that
<booyah> funny how no other alt did that
Nov 22 10:03:35 Nov 22 10:03:35 <dw1> be the change
<dw1> be the change
Nov 22 10:03:37 Nov 22 10:03:37 <dymurray> LOL "bcash has no respect"
<dymurray> LOL "bcash has no respect"
Nov 22 10:03:39 Nov 22 10:03:39 <txter> fishbone: Yup, and I wish they'd just stay on their side lol
<txter> fishbone: Yup, and I wish they'd just stay on their side lol
Nov 22 10:04:08 <txter> I'm on neither side but it's always someone coming to this channel to talk smack. I never see this happen on #bitcoin or ##bitcoin
Nov 22 10:04:08 <txter> I'm on neither side but it's always someone coming to this channel to talk smack. I never see this happen on #bitcoin or ##bitcoin
Nov 22 10:04:12 Nov 22 10:04:12 <dymurray> gotta love how btc lovers feel the need to spam this channel just shitting on bcash. Obvious they see the writing on the wall and are lashing out
<dymurray> gotta love how btc lovers feel the need to spam this channel just shitting on bcash. Obvious they see the writing on the wall and are lashing out
Nov 22 10:04:18 <dymurray> txter, yup
Nov 22 10:04:18 <dymurray> txter, yup
Nov 22 10:04:50 Nov 22 10:04:50 <fishbone> #bitcoin bans almost anyone speaking
<fishbone> #bitcoin bans almost anyone speaking
Nov 22 10:05:06 Nov 22 10:05:06 <fishbone> i got banned for some small talk
<fishbone> i got banned for some small talk
Nov 22 10:05:30 Nov 22 10:05:30 <txter> I just stopped going there. But I'm still on ##bitcoin
<txter> I just stopped going there. But I'm still on ##bitcoin
Nov 22 10:05:53 Nov 22 10:05:53 <dymurray> I asked where the channel to discuss bitcoin cash was and got banned
<dymurray> I asked where the channel to discuss bitcoin cash was and got banned
Nov 22 10:06:02 Nov 22 10:06:02 <dw1> lol
<dw1> lol
Nov 22 10:06:04 <dymurray> now I cant post there
Nov 22 10:06:04 <dymurray> now I cant post there
Nov 22 10:06:41 Nov 22 10:06:41 <fishbone> said they had some problems with their bot
<fishbone> said they had some problems with their bot
Nov 22 10:06:43 Nov 22 10:06:43 <dw1> they prefer censorship to free market
<dw1> they prefer censorship to free market
Nov 22 10:06:54 Nov 22 10:06:54 <fishbone> i wouldn't type anything there now if you want to read what's up at least
<fishbone> i wouldn't type anything there now if you want to read what's up at least
Nov 22 10:07:10 <dw1> yea it's not welcoming
Nov 22 10:07:10 <dw1> yea it's not welcoming
Nov 22 10:07:11 Nov 22 10:07:11 <booyah> fishbone: so did you got unbanned?
<booyah> fishbone: so did you got unbanned?
Nov 22 10:07:17 Nov 22 10:07:17 <fishbone> once
<fishbone> once
Nov 22 10:07:18 Nov 22 10:07:18 <booyah> I was banned too, bot had some funny trigger
<booyah> I was banned too, bot had some funny trigger
Nov 22 10:07:27 Nov 22 10:07:27 <fishbone> but got banned the day after for another silly thing
<fishbone> but got banned the day after for another silly thing
Nov 22 10:07:35 <booyah> so ask to get unbanned, duh
Nov 22 10:07:35 <booyah> so ask to get unbanned, duh
Nov 22 10:07:38 <fishbone> they said it was the bot who bugged
Nov 22 10:07:38 <fishbone> they said it was the bot who bugged
Nov 22 10:07:56 <fishbone> i did but had to wait the second time for some reason
Nov 22 10:07:56 <fishbone> i did but had to wait the second time for some reason
Nov 22 10:08:11 <booyah> and that is your prove of "censorship" there?
Nov 22 10:08:11 <booyah> and that is your prove of "censorship" there?
Nov 22 10:08:21 <fishbone> proves nothing
Nov 22 10:08:21 <fishbone> proves nothing
Nov 22 10:08:53 Nov 22 10:08:53 <fishbone> just saying they ban even those who doesn't say anything specil
<fishbone> just saying they ban even those who doesn't say anything specil
Nov 22 10:08:54 Nov 22 10:08:54 <dw1> i said censorship
<dw1> i said censorship
Nov 22 10:08:56 <fishbone> special*
Nov 22 10:08:56 <fishbone> special*
Nov 22 10:09:28 <dymurray> what are your guys go to BCH open source wallet projects? I've been trying to build on top of a golang one but not sure if it's working properly
Nov 22 10:09:28 <dymurray> what are your guys go to BCH open source wallet projects? I've been trying to build on top of a golang one but not sure if it's working properly
Nov 22 10:11:22 <dw1> havent made one
Nov 22 10:11:22 <dw1> havent made one
Nov 22 10:11:57 Nov 22 10:11:57 <dw1> as an aside, 11 BCH mobile wallets: https://twitter.com/BitcoinCashFans/status/933161020230656022
<dw1> as an aside, 11 BCH mobile wallets: https://twitter.com/BitcoinCashFans/status/933161020230656022
Nov 22 10:18:29 Nov 22 10:18:29 <sturles> dw1: Proving that the "unknown" miner is one miner is trivial. I am sure many independant miners wouldn't mine all their coins to two of Jihan Wu's addresses.
<sturles> dw1: Proving that the "unknown" miner is one miner is trivial. I am sure many independant miners wouldn't mine all their coins to two of Jihan Wu's addresses.
Nov 22 10:19:04 Nov 22 10:19:04 <booyah> sturles: awww don't be toxic, with logic and facts
<booyah> sturles: awww don't be toxic, with logic and facts
Nov 22 10:19:16 Nov 22 10:19:16 <sturles> :-)
<sturles> :-)
Nov 22 10:19:17 Nov 22 10:19:17 <booyah> that stops development
<booyah> that stops development
Nov 22 10:20:26 Nov 22 10:20:26 <dw1> you said it therefore it's true
<dw1> you said it therefore it's true
Nov 22 10:20:37 Nov 22 10:20:37 <dw1> try citing something
<dw1> try citing something
Nov 22 10:21:02 <sturles> I don't expect you to believe me. Just check the coinbase transaction in each of the blocks mined by "Unknown" yourself.
Nov 22 10:21:02 <sturles> I don't expect you to believe me. Just check the coinbase transaction in each of the blocks mined by "Unknown" yourself.
Nov 22 10:21:20 Nov 22 10:21:20 <dw1> not my job https://en.wikipedia.org/wiki/Burden_of_proof_(philosophy)
<dw1> not my job https://en.wikipedia.org/wiki/Burden_of_proof_(philosophy)
Nov 22 10:21:26 <sturles> I expect you to believe the blockchain. Either that, or you are a troll.
Nov 22 10:21:26 <sturles> I expect you to believe the blockchain. Either that, or you are a troll.
Nov 22 10:21:42 <dw1> you're the claimant, you prove it
Nov 22 10:21:42 <dw1> you're the claimant, you prove it
Nov 22 10:21:44 Nov 22 10:21:44 <sturles> dw1: I just pointed you to the proof.
<sturles> dw1: I just pointed you to the proof.
Nov 22 10:22:20 Nov 22 10:22:20 <dw1> you do the statistical analysis
<dw1> you do the statistical analysis
Nov 22 10:22:42 Nov 22 10:22:42 <dw1> then link your blog
<dw1> then link your blog
Nov 22 10:22:48 Nov 22 10:22:48 <sturles> You don't need any analysis for that.
<sturles> You don't need any analysis for that.
Nov 22 10:23:11 Nov 22 10:23:11 <sturles> Those are very simple coinbase transactions, sending newly minted coins to two different addresses.
<sturles> Those are very simple coinbase transactions, sending newly minted coins to two different addresses.
Nov 22 10:23:22 Nov 22 10:23:22 <sturles> Are you retarded or something?
<sturles> Are you retarded or something?
Nov 22 10:23:50 <dw1> it's a lot of data that you should have analayzed
Nov 22 10:23:50 <dw1> it's a lot of data that you should have analayzed
Nov 22 10:23:53 Nov 22 10:23:53 <dw1> analyzed*
<dw1> analyzed*
Nov 22 10:24:01 Nov 22 10:24:01 <sturles> WTF?
<sturles> WTF?
Nov 22 10:24:50 Nov 22 10:24:50 <dw1> and even if it's true, what does it prove
<dw1> and even if it's true, what does it prove
Nov 22 10:24:52 Nov 22 10:24:52 <sturles> https://blockchair.com/bitcoin-cash/address/13DMgTu721eoYFoxHVE1wZ7k5yixmfRiPQ
<sturles> https://blockchair.com/bitcoin-cash/address/13DMgTu721eoYFoxHVE1wZ7k5yixmfRiPQ
Nov 22 10:25:02 Nov 22 10:25:02 <dw1> that bitcoin cash is still a rising star ?
<dw1> that bitcoin cash is still a rising star ?
Nov 22 10:25:19 Nov 22 10:25:19 <dw1> that more and more pools are adding it just now?
<dw1> that more and more pools are adding it just now?
Nov 22 10:25:19 Nov 22 10:25:19 <sturles> It proves the "unknown" miner is one miner. Just as I wrote above.
<sturles> It proves the "unknown" miner is one miner. Just as I wrote above.
Nov 22 10:25:34 Nov 22 10:25:34 <dw1> that it's more profitable to mine BCH for the past week and more ?
<dw1> that it's more profitable to mine BCH for the past week and more ?
Nov 22 10:25:37 Nov 22 10:25:37 <sturles> It is a no-brainer.
<sturles> It is a no-brainer.
Nov 22 10:25:38 Nov 22 10:25:38 <dw1> and miners are switching?
<dw1> and miners are switching?
Nov 22 10:26:01 Nov 22 10:26:01 <dw1> that a 3 month coin has less support than a decade old one ?
<dw1> that a 3 month coin has less support than a decade old one ?
Nov 22 10:26:04 <dw1> well done
Nov 22 10:26:04 <dw1> well done
Nov 22 10:26:15 Nov 22 10:26:15 <sturles> LOL
<sturles> LOL
Nov 22 10:26:54 Nov 22 10:26:54 <sturles> I don'ty know what alternate reality you live in, but BCH hashrate is ~16% of BTC hashrate.
<sturles> I don'ty know what alternate reality you live in, but BCH hashrate is ~16% of BTC hashrate.
Nov 22 10:26:55 Nov 22 10:26:55 <dw1> i'm convinced, buying Bcore coins
<dw1> i'm convinced, buying Bcore coins
Nov 22 10:27:24 Nov 22 10:27:24 <dw1> or less
<dw1> or less
Nov 22 10:27:30 <dw1> depends on the profits
Nov 22 10:27:30 <dw1> depends on the profits
Nov 22 10:27:44 Nov 22 10:27:44 <dw1> the fee market is working well for bcore
<dw1> the fee market is working well for bcore
Nov 22 10:27:51 <dw1> but the market will decide
Nov 22 10:27:51 <dw1> but the market will decide
Nov 22 10:27:52 Nov 22 10:27:52 <sturles> Yes, it does.
<sturles> Yes, it does.
Nov 22 10:28:06 Nov 22 10:28:06 <dw1> users dont like high fees and unresponsive DAAs
<dw1> users dont like high fees and unresponsive DAAs
Nov 22 10:28:17 Nov 22 10:28:17 <dymurray> sturles, so leave
<dymurray> sturles, so leave
Nov 22 10:28:18 Nov 22 10:28:18 <dw1> every time BCH takes hashrate, they get more and more frustrated
<dw1> every time BCH takes hashrate, they get more and more frustrated
Nov 22 10:28:25 <dymurray> if BCH isn't going to take over BTC why are you here?
Nov 22 10:28:25 <dymurray> if BCH isn't going to take over BTC why are you here?
Nov 22 10:28:28 <sturles> The market decides that a BTC transaction is worth a heck of a lot more than a BCH transaction.
Nov 22 10:28:28 <sturles> The market decides that a BTC transaction is worth a heck of a lot more than a BCH transaction.
Nov 22 10:28:46 <dw1> how else are people actually going to move their money when block time plummets due to a shitty DAA
Nov 22 10:28:46 <dw1> how else are people actually going to move their money when block time plummets due to a shitty DAA
Nov 22 10:28:49 <dymurray> the market is full of idiots who don't understand why BTC is so overvalued and BCH is the future and past of bitcoin
Nov 22 10:28:49 <dymurray> the market is full of idiots who don't understand why BTC is so overvalued and BCH is the future and past of bitcoin
Nov 22 10:29:07 Nov 22 10:29:07 <dw1> it's extortion
<dw1> it's extortion
Nov 22 10:29:19 Nov 22 10:29:19 <fishbone> well btc is overvalued thanks to bch and many other things
<fishbone> well btc is overvalued thanks to bch and many other things
Nov 22 10:29:21 <sturles> dw1: You know, this has been well tested lately. BTC continued to work just fine.
Nov 22 10:29:21 <sturles> dw1: You know, this has been well tested lately. BTC continued to work just fine.
Nov 22 10:29:31 Nov 22 10:29:31 <dw1> not really
<dw1> not really
Nov 22 10:29:31 <dymurray> once the market realizes I can send an entire poor africans daily wage for the cost of less than a cent and BTC will cost two mens daily wages
Nov 22 10:29:31 <dymurray> once the market realizes I can send an entire poor africans daily wage for the cost of less than a cent and BTC will cost two mens daily wages
Nov 22 10:29:41 Nov 22 10:29:41 <dw1> many 1.5 hour block times on Nov 11 and 12th and 170k in mempool
<dw1> many 1.5 hour block times on Nov 11 and 12th and 170k in mempool
Nov 22 10:29:46 Nov 22 10:29:46 <dw1> epic win?
<dw1> epic win?
Nov 22 10:29:50 Nov 22 10:29:50 <fishbone> cme pushed overvalue on an ath
<fishbone> cme pushed overvalue on an ath
Nov 22 10:30:19 Nov 22 10:30:19 <fishbone> which i found interesting
<fishbone> which i found interesting
Nov 22 10:30:20 Nov 22 10:30:20 <dymurray> BTC has no plan to solve the increasing fees
<dymurray> BTC has no plan to solve the increasing fees
Nov 22 10:30:20 <dw1> saw one guy pay $377USD to transfer his bitcoin
Nov 22 10:30:20 <dw1> saw one guy pay $377USD to transfer his bitcoin
Nov 22 10:30:41 Nov 22 10:30:41 <dymurray> dw1, These people just hate the free market
<dymurray> dw1, These people just hate the free market
Nov 22 10:30:50 Nov 22 10:30:50 <fishbone> why would miners be against high fees
<fishbone> why would miners be against high fees
Nov 22 10:30:51 Nov 22 10:30:51 <dymurray> so used to paying 20% of income away they don't mind paying that
<dymurray> so used to paying 20% of income away they don't mind paying that
Nov 22 10:30:55 <fishbone> don't they get the fees
Nov 22 10:30:55 <fishbone> don't they get the fees
Nov 22 10:31:10 Nov 22 10:31:10 <dw1> so much for banking the unbanked in poor countries
<dw1> so much for banking the unbanked in poor countries
Nov 22 10:31:14 Nov 22 10:31:14 <dymurray> fishbone, BCH already works and the fees are nothing
<dymurray> fishbone, BCH already works and the fees are nothing
Nov 22 10:31:17 <sturles> dymurray: Bitcoin is full of plans to solve the increasing fees. Several plans are actively discussed on the mailinglist.
Nov 22 10:31:17 <sturles> dymurray: Bitcoin is full of plans to solve the increasing fees. Several plans are actively discussed on the mailinglist.
Nov 22 10:31:25 Nov 22 10:31:25 <dymurray> sturles, ah yes like 2x
<dymurray> sturles, ah yes like 2x
Nov 22 10:31:26 <dw1> for years
Nov 22 10:31:26 <dw1> for years
Nov 22 10:31:36 Nov 22 10:31:36 <sturles> 2x was a scam.
<sturles> 2x was a scam.
Nov 22 10:31:36 <fishbone> bch fees are at zero?
Nov 22 10:31:36 <fishbone> bch fees are at zero?
Nov 22 10:31:40 Nov 22 10:31:40 <dymurray> and the developers openly manipulated the market and their followers to make money
<dymurray> and the developers openly manipulated the market and their followers to make money
Nov 22 10:31:48 Nov 22 10:31:48 <dymurray> fishbone, less than a cent
<dymurray> fishbone, less than a cent
Nov 22 10:31:49 Nov 22 10:31:49 <dw1> you can send BCH for fractions of a cent because the blocks aren't limited
<dw1> you can send BCH for fractions of a cent because the blocks aren't limited
Nov 22 10:32:05 <dymurray> fishbone, it wouldn't surprise me if the BTC community has censored that from you
Nov 22 10:32:05 <dymurray> fishbone, it wouldn't surprise me if the BTC community has censored that from you
Nov 22 10:32:10 Nov 22 10:32:10 <dymurray> not even joking or trolling
<dymurray> not even joking or trolling
Nov 22 10:32:26 <dymurray> have you ever sent a BCH?
Nov 22 10:32:26 <dymurray> have you ever sent a BCH?
Nov 22 10:32:28 Nov 22 10:32:28 <fishbone> i've seen devs liking money for sure
<fishbone> i've seen devs liking money for sure
Nov 22 10:32:29 Nov 22 10:32:29 <sturles> Payment channels, lightning, sidechains, signature aggregation, etc.
<sturles> Payment channels, lightning, sidechains, signature aggregation, etc.
Nov 22 10:32:43 Nov 22 10:32:43 <fishbone> doesn't everyone like money invested in it
<fishbone> doesn't everyone like money invested in it
Nov 22 10:32:47 Nov 22 10:32:47 <dymurray> you'll get the same feeling you got when you made a BTC transaction in 2010
<dymurray> you'll get the same feeling you got when you made a BTC transaction in 2010
Nov 22 10:32:59 Nov 22 10:32:59 <sturles> dw1: And because 0.0001 BCH isn't worth more than a fraction of a cent.
<sturles> dw1: And because 0.0001 BCH isn't worth more than a fraction of a cent.
Nov 22 10:33:14 Nov 22 10:33:14 <dw1> https://i.imgur.com/lgLzRf5.gif
<dw1> https://i.imgur.com/lgLzRf5.gif
Nov 22 10:34:08 Nov 22 10:34:08 <fishbone> i did send bch once with electrum or something after the split
<fishbone> i did send bch once with electrum or something after the split
Nov 22 10:34:16 Nov 22 10:34:16 <dw1> BTC shit themselves when BCH hit $40B cap
<dw1> BTC shit themselves when BCH hit $40B cap
Nov 22 10:34:22 Nov 22 10:34:22 <fishbone> can't remember what fees it had or so
<fishbone> can't remember what fees it had or so
Nov 22 10:34:23 <dw1> they're still wiping their ass
Nov 22 10:34:23 <dw1> they're still wiping their ass
Nov 22 10:34:26 <dw1> hehe
Nov 22 10:34:26 <dw1> hehe
Nov 22 10:34:54 Nov 22 10:34:54 <dymurray> fishbone, BCH can scale and handle BTCs current market with a negligible increase in fees
<dymurray> fishbone, BCH can scale and handle BTCs current market with a negligible increase in fees
Nov 22 10:35:01 Nov 22 10:35:01 <dymurray> nothing like how much it costs right now to send BTC
<dymurray> nothing like how much it costs right now to send BTC
Nov 22 10:35:14 Nov 22 10:35:14 <fishbone> i think the hardcore following of the currency can bring stability and thus are good maybe
<fishbone> i think the hardcore following of the currency can bring stability and thus are good maybe
Nov 22 10:35:38 Nov 22 10:35:38 * CryptoGuy (~danny@unaffiliated/cryptoguy) has joined #bitcoincash
* CryptoGuy (~danny@unaffiliated/cryptoguy) has joined #bitcoincash
Nov 22 10:35:40 Nov 22 10:35:40 <fishbone> for sure could bring blindness on any end
<fishbone> for sure could bring blindness on any end
Nov 22 10:35:44 <dymurray> BCH encourages miner competition and profit is derived from demand
Nov 22 10:35:44 <dymurray> BCH encourages miner competition and profit is derived from demand
Nov 22 10:36:09 Nov 22 10:36:09 <dymurray> Its a true free market on BCH and will encourage growth
<dymurray> Its a true free market on BCH and will encourage growth
Nov 22 10:36:32 <sturles> dw1: If it comforts you, I don't even glance at artificially blown up "market caps" of any altcoin, I am just looking at the price of BTC.
Nov 22 10:36:32 <sturles> dw1: If it comforts you, I don't even glance at artificially blown up "market caps" of any altcoin, I am just looking at the price of BTC.
Nov 22 10:36:38 <fishbone> are the markets not the same
Nov 22 10:36:38 <fishbone> are the markets not the same
Nov 22 10:36:55 <fishbone> satoshi got over a million coins on both sides
Nov 22 10:36:55 <fishbone> satoshi got over a million coins on both sides
Nov 22 10:36:57 Nov 22 10:36:57 <sturles> So I didn't get the chance to shit myself.
<sturles> So I didn't get the chance to shit myself.
Nov 22 10:37:15 <dw1> it was all over news/social media
Nov 22 10:37:15 <dw1> it was all over news/social media
Nov 22 10:37:20 Nov 22 10:37:20 <sturles> Someone mentioned it dropped pretty quickly, however.
<sturles> Someone mentioned it dropped pretty quickly, however.
Nov 22 10:37:21 Nov 22 10:37:21 <fishbone> i mean it's the same owners even if many traded hands of late
<fishbone> i mean it's the same owners even if many traded hands of late
Nov 22 10:37:43 <booyah> dymurray: except that BCH mining is patented, while BTC fightst that off with segwit to a degree
Nov 22 10:37:43 <booyah> dymurray: except that BCH mining is patented, while BTC fightst that off with segwit to a degree
Nov 22 10:37:44 Nov 22 10:37:44 <fishbone> and you wont get hedgers out of any coin
<fishbone> and you wont get hedgers out of any coin
Nov 22 10:37:45 <sturles> And media wrote a lot about pump&dump and manipulation.
Nov 22 10:37:45 <sturles> And media wrote a lot about pump&dump and manipulation.
Nov 22 10:37:50 Nov 22 10:37:50 <fishbone> they don't care what your coin is
<fishbone> they don't care what your coin is
Nov 22 10:38:05 Nov 22 10:38:05 <fishbone> it's all about the money
<fishbone> it's all about the money
Nov 22 10:38:08 Nov 22 10:38:08 <sturles> Which is easy with low liquidity coins like BCH.
<sturles> Which is easy with low liquidity coins like BCH.
Nov 22 10:38:10 <dw1> yea roger did it
Nov 22 10:38:10 <dw1> yea roger did it
Nov 22 10:38:15 <dw1> $40B pump
Nov 22 10:38:15 <dw1> $40B pump
Nov 22 10:38:21 Nov 22 10:38:21 <dw1> he's amazing
<dw1> he's amazing
Nov 22 10:38:33 Nov 22 10:38:33 <booyah> dw1: he's just lucky and therefore rich on btc
<booyah> dw1: he's just lucky and therefore rich on btc
Nov 22 10:38:41 <sturles> Eh. "Market cap".
Nov 22 10:38:41 <sturles> Eh. "Market cap".
Nov 22 10:38:58 Nov 22 10:38:58 <sturles> Nobody put in $40B.
<sturles> Nobody put in $40B.
Nov 22 10:38:58 Nov 22 10:38:58 <dw1> you're just jelly
<dw1> you're just jelly
Nov 22 10:39:00 Nov 22 10:39:00 <booyah> should be x10 less wealthy now, but as any good drug dealer he knows to not use himself what he preaches
<booyah> should be x10 less wealthy now, but as any good drug dealer he knows to not use himself what he preaches
Nov 22 10:39:16 Nov 22 10:39:16 <fishbone> booyah: how do you know his economy
<fishbone> booyah: how do you know his economy
Nov 22 10:39:32 Nov 22 10:39:32 <booyah> fishbone: he didn't go all-in on bch. you think he did?
<booyah> fishbone: he didn't go all-in on bch. you think he did?
Nov 22 10:39:35 Nov 22 10:39:35 <sturles> It is limited by liquidity. Short term pumps like that are easy, and when followed by a major dump, like BCH was, it can be very profitable.
<sturles> It is limited by liquidity. Short term pumps like that are easy, and when followed by a major dump, like BCH was, it can be very profitable.
Nov 22 10:39:56 Nov 22 10:39:56 <sturles> Then the one who *sold* BCH can laugh all the way to the bank.
<sturles> Then the one who *sold* BCH can laugh all the way to the bank.
Nov 22 10:39:56 Nov 22 10:39:56 <fishbone> booyah: probably earned on it and not threw away 10%
<fishbone> booyah: probably earned on it and not threw away 10%
Nov 22 10:40:11 Nov 22 10:40:11 <fishbone> booyah: the rich are geting richer no the other way around
<fishbone> booyah: the rich are geting richer no the other way around
Nov 22 10:40:30 Nov 22 10:40:30 <booyah> fishbone: yeah, he got his followers, a.k.a bcashers, to buy at 0.20, 0.25 - and give the money to me (and to him/his friends)
<booyah> fishbone: yeah, he got his followers, a.k.a bcashers, to buy at 0.20, 0.25 - and give the money to me (and to him/his friends)
Nov 22 10:40:41 Nov 22 10:40:41 <booyah> as I said, he knows to not do what he preaches
<booyah> as I said, he knows to not do what he preaches
Nov 22 10:40:41 Nov 22 10:40:41 <fishbone> cause bch was high risk it payed of the most
<fishbone> cause bch was high risk it payed of the most
Nov 22 10:41:04 Nov 22 10:41:04 <fishbone> i could earned 0.5m fiat if i followed my guts
<fishbone> i could earned 0.5m fiat if i followed my guts
Nov 22 10:42:39 <fishbone> only saw one rational voice who i should had follow cause it was based on data and not feelings
Nov 22 10:42:39 <fishbone> only saw one rational voice who i should had follow cause it was based on data and not feelings
Nov 22 10:43:13 Nov 22 10:43:13 <dw1> booyah is a roger expert
<dw1> booyah is a roger expert
Nov 22 10:43:18 Nov 22 10:43:18 <dw1> just trust him
<dw1> just trust him
Nov 22 10:43:26 Nov 22 10:43:26 <dw1> and sturles can pump anything to $40B easily
<dw1> and sturles can pump anything to $40B easily
Nov 22 10:43:44 Nov 22 10:43:44 <dw1> we are in the presence of greatness
<dw1> we are in the presence of greatness
Nov 22 10:43:52 Nov 22 10:43:52 <dw1> ( ͡ᵔ ͜ʖ ͡ᵔ)
<dw1> ( ͡ᵔ ͜ʖ ͡ᵔ)
Nov 22 10:45:30 Nov 22 10:45:30 <booyah> yeah heaving like 100,000 BTC or more can easily pump shallow markets like BCH
<booyah> yeah heaving like 100,000 BTC or more can easily pump shallow markets like BCH
Nov 22 10:45:48 Nov 22 10:45:48 <dw1> i get my financial advice from random trolls on irc
<dw1> i get my financial advice from random trolls on irc
Nov 22 10:45:53 Nov 22 10:45:53 <dw1> good stuff thx
<dw1> good stuff thx
Nov 22 10:45:55 Nov 22 10:45:55 <booyah> also he recently conned that billionare casinos owner guy to finance them too
<booyah> also he recently conned that billionare casinos owner guy to finance them too
Nov 22 10:46:39 <booyah> I would like to know who is losing money on this P&Ds, is that the investor, is it ver, or are it the bcashers
Nov 22 10:46:39 <booyah> I would like to know who is losing money on this P&Ds, is that the investor, is it ver, or are it the bcashers
Nov 22 10:46:41 Nov 22 10:46:41 <sturles> dw1: I don't think you will convince anyone by pretending to be retarded on IRC.
<sturles> dw1: I don't think you will convince anyone by pretending to be retarded on IRC.
Nov 22 10:46:46 Nov 22 10:46:46 <booyah> but either case is just great
<booyah> but either case is just great
Nov 22 10:47:01 Nov 22 10:47:01 <booyah> sturles: "joke on them, I was only pretending!"
<booyah> sturles: "joke on them, I was only pretending!"
Nov 22 10:49:32 * Siegfried (~userid@unaffiliated/pril) has joined #bitcoincash
Nov 22 10:49:32 * Siegfried (~userid@unaffiliated/pril) has joined #bitcoincash
Nov 22 10:50:30 Nov 22 10:50:30 <fishbone> why did btc put the bch fork on their site if they didn't want to promote it
<fishbone> why did btc put the bch fork on their site if they didn't want to promote it
Nov 22 10:50:49 Nov 22 10:50:49 <dw1> good thing i dont give a shit then sturles
<dw1> good thing i dont give a shit then sturles
Nov 22 10:50:57 <dw1> what others do is their problem
Nov 22 10:50:57 <dw1> what others do is their problem
Nov 22 10:51:05 Nov 22 10:51:05 <fishbone> to protect against network instability or something maybe
<fishbone> to protect against network instability or something maybe
Nov 22 10:53:55 Nov 22 10:53:55 <dw1> competition is good. interesting times
<dw1> competition is good. interesting times
Nov 22 10:54:13 <dw1> looks like BTC's reign is waning
Nov 22 10:54:13 <dw1> looks like BTC's reign is waning
Nov 22 10:54:18 <dw1> *popcorn*
Nov 22 10:54:18 <dw1> *popcorn*
Nov 22 10:56:35 Nov 22 10:56:35 <dw1> Went as low as 40% market share in june
<dw1> Went as low as 40% market share in june
Nov 22 10:56:40 <dw1> https://coinmarketcap.com/charts/#dominance-percentage
Nov 22 10:56:40 <dw1> https://coinmarketcap.com/charts/#dominance-percentage
Nov 22 10:56:51 Nov 22 10:56:51 <dw1> due to ICO mania
<dw1> due to ICO mania
Nov 22 10:56:59 <booyah> dw1: on that scale BCH went as low as 2%
Nov 22 10:56:59 <booyah> dw1: on that scale BCH went as low as 2%
Nov 22 10:57:08 Nov 22 10:57:08 <sturles> Well, the price development of BTC since most of the trolls switched to an altcoin says the opposite.
<sturles> Well, the price development of BTC since most of the trolls switched to an altcoin says the opposite.
Nov 22 10:57:08 <dw1> BCH is an up-and-comer
Nov 22 10:57:08 <dw1> BCH is an up-and-comer
Nov 22 10:57:15 Nov 22 10:57:15 <booyah> good job siwtching between BTC-vs-BCH and BTC-vs-EVERYONE
<booyah> good job siwtching between BTC-vs-BCH and BTC-vs-EVERYONE
Nov 22 10:57:38 <dw1> kill the king
Nov 22 10:57:38 <dw1> kill the king
Nov 22 10:58:00 Nov 22 10:58:00 <booyah> yeah, bcashers are the libtards of crypto
<booyah> yeah, bcashers are the libtards of crypto
Nov 22 10:58:13 Nov 22 10:58:13 <dw1> says the one safely defending popular opinion
<dw1> says the one safely defending popular opinion
Nov 22 10:58:20 <dw1> take an underdog position for a change
Nov 22 10:58:20 <dw1> take an underdog position for a change
Nov 22 10:58:28 Nov 22 10:58:28 <dw1> be a man
<dw1> be a man
Nov 22 10:58:32 Nov 22 10:58:32 <dw1> (ツ)\m/
<dw1> (ツ)\m/
Nov 22 10:58:34 Nov 22 10:58:34 <booyah> dw1: be a rebel, why not eat own shit?
<booyah> dw1: be a rebel, why not eat own shit?
Nov 22 10:58:36 <Siegfried> what is the best site to check exchange rates?
Nov 22 10:58:36 <Siegfried> what is the best site to check exchange rates?
Nov 22 10:58:38 <booyah> that's so rad and edgy
Nov 22 10:58:38 <booyah> that's so rad and edgy
Nov 22 10:58:47 Nov 22 10:58:47 <dw1> Siegfried: https://tradingview.com
<dw1> Siegfried: https://tradingview.com
Nov 22 10:59:11 Nov 22 10:59:11 <booyah> rebelling just for sake of rebelling usually leads to being wrong at best, or being some conman pawn at worst
<booyah> rebelling just for sake of rebelling usually leads to being wrong at best, or being some conman pawn at worst
Nov 22 10:59:19 <dw1> you're just soft
Nov 22 10:59:19 <dw1> you're just soft
Nov 22 10:59:25 Nov 22 10:59:25 <dw1> face it
<dw1> face it
Nov 22 10:59:48 Nov 22 10:59:48 <dw1> any newb can hype on btc
<dw1> any newb can hype on btc
Nov 22 11:00:03 Nov 22 11:00:03 <sturles> There have been altcoins around since 2010. None have been able to push BTC off the throne, and a centrally controlled coin by two developers, made for retards and ASICboost, certainly won't. There are born one every minute, but still normal people outnumber idiots.
<sturles> There have been altcoins around since 2010. None have been able to push BTC off the throne, and a centrally controlled coin by two developers, made for retards and ASICboost, certainly won't. There are born one every minute, but still normal people outnumber idiots.
Nov 22 11:00:29 Nov 22 11:00:29 <dw1> lies dont serve your argument very well
<dw1> lies dont serve your argument very well
Nov 22 11:00:42 Nov 22 11:00:42 <Siegfried> i dont see any chart? https://www.tradingview.com/chart/?symbol=BITFINEX%3ABCHUSD&interval=D
<Siegfried> i dont see any chart? https://www.tradingview.com/chart/?symbol=BITFINEX%3ABCHUSD&interval=D
Nov 22 11:00:46 Nov 22 11:00:46 <Siegfried> only white and the UI
<Siegfried> only white and the UI
Nov 22 11:01:30 Nov 22 11:01:30 <dw1> works here
<dw1> works here
Nov 22 11:01:47 <dw1> maybe add another symbol in Watchlist
Nov 22 11:01:47 <dw1> maybe add another symbol in Watchlist
Nov 22 11:02:45 Nov 22 11:02:45 <Siegfried> doesnt work.. maybe some script blocker breaks it?
<Siegfried> doesnt work.. maybe some script blocker breaks it?
Nov 22 11:02:56 Nov 22 11:02:56 <dw1> maybe disable adblock yea
<dw1> maybe disable adblock yea
Nov 22 11:03:14 Nov 22 11:03:14 <Siegfried> in firefox it works with adblock
<Siegfried> in firefox it works with adblock
Nov 22 11:03:16 <fishbone> sturles: who are the 2 developers who in charge of btc
Nov 22 11:03:16 <fishbone> sturles: who are the 2 developers who in charge of btc
Nov 22 11:03:39 Nov 22 11:03:39 <dw1> there are multiple dev teams
<dw1> there are multiple dev teams
Nov 22 11:03:48 Nov 22 11:03:48 <sturles> There are more than a hundred delevopers in BTC-
<sturles> There are more than a hundred delevopers in BTC-
Nov 22 11:04:03 Nov 22 11:04:03 <sturles> I was talking about some of the altcoins.
<sturles> I was talking about some of the altcoins.
Nov 22 11:04:49 Nov 22 11:04:49 <sturles> dw1: Bitcoin ABC (two people), Bitcoin Cash (one person), and which other teams?
<sturles> dw1: Bitcoin ABC (two people), Bitcoin Cash (one person), and which other teams?
Nov 22 11:04:58 Nov 22 11:04:58 <sturles> No, Bitcoin Classic (one person)
<sturles> No, Bitcoin Classic (one person)
Nov 22 11:04:59 Nov 22 11:04:59 <dw1> if you're so sure of your product why does BCH make you uncomfortable
<dw1> if you're so sure of your product why does BCH make you uncomfortable
Nov 22 11:05:06 Nov 22 11:05:06 <sturles> It doesn't.
<sturles> It doesn't.
Nov 22 11:05:12 Nov 22 11:05:12 <dw1> k
<dw1> k
Nov 22 11:05:16 Nov 22 11:05:16 <fishbone> sturles: don't btc have a top
<fishbone> sturles: don't btc have a top
Nov 22 11:05:18 Nov 22 11:05:18 <Siegfried> one people can develops a whole bitcoin!?
<Siegfried> one people can develops a whole bitcoin!?
Nov 22 11:05:33 Nov 22 11:05:33 <fishbone> sturles: need to be a to group in my mind or it could be odd
<fishbone> sturles: need to be a to group in my mind or it could be odd
Nov 22 11:05:59 Nov 22 11:05:59 <sturles> What do you mean by a top?
<sturles> What do you mean by a top?
Nov 22 11:06:10 Nov 22 11:06:10 <fishbone> those who pushes the changes or whatever
<fishbone> those who pushes the changes or whatever
Nov 22 11:06:16 <fishbone> always some on the controls
Nov 22 11:06:16 <fishbone> always some on the controls
Nov 22 11:06:23 Nov 22 11:06:23 <dw1> follow the money
<dw1> follow the money
Nov 22 11:06:39 * scar45|znc is now known as scar45
Nov 22 11:06:39 * scar45|znc is now known as scar45
Nov 22 11:07:23 Nov 22 11:07:23 <fishbone> i got nothing agianst btc or bch but arguments like btc have no control grouo i don't believe in
<fishbone> i got nothing agianst btc or bch but arguments like btc have no control grouo i don't believe in
Nov 22 11:08:01 Nov 22 11:08:01 <fishbone> don't mind being proved wrong
<fishbone> don't mind being proved wrong
Nov 22 11:08:04 Nov 22 11:08:04 <dw1> who benefits the most from sidechains
<dw1> who benefits the most from sidechains
Nov 22 11:08:51 Nov 22 11:08:51 <dw1> https://en.wikipedia.org/wiki/Blockstream#Liquid_sidechain perhaps
<dw1> https://en.wikipedia.org/wiki/Blockstream#Liquid_sidechain perhaps
Nov 22 11:09:17 Nov 22 11:09:17 <dw1> ™
<dw1> ™
Nov 22 11:11:43 Nov 22 11:11:43 <dw1> that feel when no longer peer to peer
<dw1> that feel when no longer peer to peer
Nov 22 11:12:55 Nov 22 11:12:55 <dw1> shills blinded by their profitz
<dw1> shills blinded by their profitz
Nov 22 11:15:55 Nov 22 11:15:55 <fishbone> the lightning network i don't understand how they can possibly open up for scams with the offchain trades
<fishbone> the lightning network i don't understand how they can possibly open up for scams with the offchain trades
Nov 22 11:16:19 Nov 22 11:16:19 <fishbone> might be possible to resolve but then again the full blockchain could be removed
<fishbone> might be possible to resolve but then again the full blockchain could be removed
Nov 22 11:16:29 <dw1> may as well just use paypal
Nov 22 11:16:29 <dw1> may as well just use paypal
Nov 22 11:16:57 Nov 22 11:16:57 <fishbone> paypal hos no own issued coin
<fishbone> paypal hos no own issued coin
Nov 22 11:17:23 <dw1> they can send it to a blockchain and call it good
Nov 22 11:17:23 <dw1> they can send it to a blockchain and call it good
Nov 22 11:17:26 Nov 22 11:17:26 <fishbone> i'm no fan of paypal since it's pretty limited
<fishbone> i'm no fan of paypal since it's pretty limited
Nov 22 11:17:47 <sturles> fishbone: There is one maintainer, but he doens't commit any changes without consensus among the delevopers.
Nov 22 11:17:47 <sturles> fishbone: There is one maintainer, but he doens't commit any changes without consensus among the delevopers.
Nov 22 11:18:02 Nov 22 11:18:02 <fishbone> dw1: think the blockchain will reject a scam but will hurt the vendor
<fishbone> dw1: think the blockchain will reject a scam but will hurt the vendor
Nov 22 11:18:03 Nov 22 11:18:03 <CryptoGuy> what are an avarage fees in BitcoinCash in USD? for example for 5 dollars donation?
<CryptoGuy> what are an avarage fees in BitcoinCash in USD? for example for 5 dollars donation?
Nov 22 11:18:08 Nov 22 11:18:08 <CryptoGuy> btc is getting nuts with fees
<CryptoGuy> btc is getting nuts with fees
Nov 22 11:18:19 Nov 22 11:18:19 <sturles> And it is limited what even a consensus among developers can do, without creating a hard fork.
<sturles> And it is limited what even a consensus among developers can do, without creating a hard fork.
Nov 22 11:18:46 Nov 22 11:18:46 <sturles> dw1: Anyone can make a sidechain.
<sturles> dw1: Anyone can make a sidechain.
Nov 22 11:18:54 Nov 22 11:18:54 <fishbone> in theory the largest group controls bitcoin then?
<fishbone> in theory the largest group controls bitcoin then?
Nov 22 11:18:55 Nov 22 11:18:55 <sturles> An altcoin can be a sidechain.
<sturles> An altcoin can be a sidechain.
Nov 22 11:19:15 Nov 22 11:19:15 <dw1> CryptoGuy: depends how low your wallet can set it.. sub cent works fine
<dw1> CryptoGuy: depends how low your wallet can set it.. sub cent works fine
Nov 22 11:19:19 Nov 22 11:19:19 <fishbone> then if a large group of amatour programmers join forces thye could take it over
<fishbone> then if a large group of amatour programmers join forces thye could take it over
Nov 22 11:19:56 Nov 22 11:19:56 <dw1> i've been using Coinami but it seems limited to about 0.00005 or $0.05
<dw1> i've been using Coinami but it seems limited to about 0.00005 or $0.05
Nov 22 11:19:59 <Siegfried> but the software also has to be used
Nov 22 11:19:59 <Siegfried> but the software also has to be used
Nov 22 11:20:03 <dw1> so i'm looking for alternatives
Nov 22 11:20:03 <dw1> so i'm looking for alternatives
Nov 22 11:20:06 Nov 22 11:20:06 <Siegfried> if the pools dont install it...
<Siegfried> if the pools dont install it...
Nov 22 11:20:24 Nov 22 11:20:24 <CryptoGuy> dw1 thats very low, like litecoin
<CryptoGuy> dw1 thats very low, like litecoin
Nov 22 11:20:36 Nov 22 11:20:36 <dw1> competition doesn't start until the blocks fill up so yea
<dw1> competition doesn't start until the blocks fill up so yea
Nov 22 11:22:02 Nov 22 11:22:02 <dw1> anything above 0 should work
<dw1> anything above 0 should work
Nov 22 11:22:05 <dw1> even 0 might work
Nov 22 11:22:05 <dw1> even 0 might work
Nov 22 11:24:12 Nov 22 11:24:12 <sturles> 0 doesn't work, because BCH copied the minimum fee logic from BTC. You can of course send 0 fee transactions to single nodes, e.g. if you want to pretend to have sent a transaction, and replace it with a fee paying transaction which will be broadcasted.
<sturles> 0 doesn't work, because BCH copied the minimum fee logic from BTC. You can of course send 0 fee transactions to single nodes, e.g. if you want to pretend to have sent a transaction, and replace it with a fee paying transaction which will be broadcasted.
Nov 22 11:24:57 Nov 22 11:24:57 <dw1> probably for the best
<dw1> probably for the best
Nov 22 11:25:03 Nov 22 11:25:03 <dw1> helps prevent spam
<dw1> helps prevent spam
Nov 22 11:25:15 Nov 22 11:25:15 <Siegfried> sturles why would anyone do that?
<Siegfried> sturles why would anyone do that?
Nov 22 11:25:20 Nov 22 11:25:20 <sturles> Miners will mine the fee paying transaction, and the one you sent the 0 fee tx to will not see the competitor until it has been mined. because BCH doesn't support RBF. SO perfect for scamming merchants.
<sturles> Miners will mine the fee paying transaction, and the one you sent the 0 fee tx to will not see the competitor until it has been mined. because BCH doesn't support RBF. SO perfect for scamming merchants.
Nov 22 11:25:48 Nov 22 11:25:48 <Siegfried> cant the merchant see its 0 fee and wont get trough?
<Siegfried> cant the merchant see its 0 fee and wont get trough?
Nov 22 11:26:10 Nov 22 11:26:10 <sturles> Not in any normal wallet that I know of.
<sturles> Not in any normal wallet that I know of.
Nov 22 11:26:38 Nov 22 11:26:38 <Siegfried> do merchants ship before getting the coins?
<Siegfried> do merchants ship before getting the coins?
Nov 22 11:27:30 Nov 22 11:27:30 <booyah> <dw1> that feel when no longer peer to peer
<booyah> <dw1> that feel when no longer peer to peer
Nov 22 11:27:36 Nov 22 11:27:36 <booyah> > virtual signall "I like p2p and shit"
<booyah> > virtual signall "I like p2p and shit"
Nov 22 11:27:45 Nov 22 11:27:45 <booyah> > use chain that plans 1 GB blocks where no one runs a p2p node
<booyah> > use chain that plans 1 GB blocks where no one runs a p2p node
Nov 22 11:27:48 <booyah> lulz.
Nov 22 11:27:48 <booyah> lulz.
Nov 22 11:28:00 Nov 22 11:28:00 <booyah> *virtue
<booyah> *virtue
Nov 22 11:28:00 <dw1> there are like 10 million datacenters in the world
Nov 22 11:28:00 <dw1> there are like 10 million datacenters in the world
Nov 22 11:28:04 Nov 22 11:28:04 <dw1> it doesn't need to run on a toaster
<dw1> it doesn't need to run on a toaster
Nov 22 11:28:10 <booyah> dw1: p2p, not b2b
Nov 22 11:28:10 <booyah> dw1: p2p, not b2b
Nov 22 11:28:26 <booyah> I run bitcoin on rpi, on old laptops, on PCs
Nov 22 11:28:26 <booyah> I run bitcoin on rpi, on old laptops, on PCs
Nov 22 11:28:34 <dw1> what a waste
Nov 22 11:28:34 <dw1> what a waste
Nov 22 11:28:35 Nov 22 11:28:35 <booyah> that is why bitcoin is p2p money. and 1 GB monstrosity will not be
<booyah> that is why bitcoin is p2p money. and 1 GB monstrosity will not be
Nov 22 11:28:56 Nov 22 11:28:56 <dw1> good luck with that in #bitcoin-shills
<dw1> good luck with that in #bitcoin-shills
Nov 22 11:29:07 Nov 22 11:29:07 <dw1> (╯°□°)╯ ︵ (ヽ.▫.)ヽ
<dw1> (╯°□°)╯ ︵ (ヽ.▫.)ヽ
Nov 22 11:29:31 <booyah> dw1: how is it "a waste", waste of what? I know I got real money not fake blocks that SPV wallet can't tell the difference, like if BitMain would include higher block reward and then paid me with such invalid ballance
Nov 22 11:29:31 <booyah> dw1: how is it "a waste", waste of what? I know I got real money not fake blocks that SPV wallet can't tell the difference, like if BitMain would include higher block reward and then paid me with such invalid ballance
Nov 22 11:29:43 Nov 22 11:29:43 <dw1> shut up
<dw1> shut up
Nov 22 11:29:48 Nov 22 11:29:48 <dw1> go read the whitepaper
<dw1> go read the whitepaper
Nov 22 11:29:54 <dw1> satoshi's vision yo !
Nov 22 11:29:54 <dw1> satoshi's vision yo !
Nov 22 11:30:12 Nov 22 11:30:12 <fishbone> booyah: are you a programmer
<fishbone> booyah: are you a programmer
Nov 22 11:31:22 Nov 22 11:31:22 <sturles> Siegfried: Depends. If you are paying a cup of coffee, then the merchant probably already shipped.
<sturles> Siegfried: Depends. If you are paying a cup of coffee, then the merchant probably already shipped.
Nov 22 11:31:28 Nov 22 11:31:28 <fishbone> or maybe an investor or just an enthusiast
<fishbone> or maybe an investor or just an enthusiast
Nov 22 11:31:57 Nov 22 11:31:57 <dw1> if 0 fee tx aren't possible then who cares
<dw1> if 0 fee tx aren't possible then who cares
Nov 22 11:32:15 Nov 22 11:32:15 <dw1> zero conf ftw
<dw1> zero conf ftw
Nov 22 11:32:17 Nov 22 11:32:17 <booyah> fishbone: well, all
<booyah> fishbone: well, all
Nov 22 11:32:55 Nov 22 11:32:55 <booyah> dw1: so you have no arguments regarding that you willl stop being P2P cash due to inablity to run nodes, and you will be paypal 2.0 - datacenter2datacenter ?
<booyah> dw1: so you have no arguments regarding that you willl stop being P2P cash due to inablity to run nodes, and you will be paypal 2.0 - datacenter2datacenter ?
Nov 22 11:33:48 Nov 22 11:33:48 <dw1> dozens or hundreds of datacenters = decentralized
<dw1> dozens or hundreds of datacenters = decentralized
Nov 22 11:33:53 <dw1> get over your toaster
Nov 22 11:33:53 <dw1> get over your toaster
Nov 22 11:33:58 Nov 22 11:33:58 <dw1> https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
<dw1> https://bitcointalk.org/index.php?topic=532.msg6306#msg6306
Nov 22 11:34:09 Nov 22 11:34:09 <booyah> no, p2p is when ordinary users run it
<booyah> no, p2p is when ordinary users run it
Nov 22 11:35:16 Nov 22 11:35:16 <dw1> and you think your laptop will be able to handle it in 10 years?
<dw1> and you think your laptop will be able to handle it in 10 years?
Nov 22 11:35:35 Nov 22 11:35:35 <dw1> oh yeah, with Liquid™
<dw1> oh yeah, with Liquid™
Nov 22 11:35:40 Nov 22 11:35:40 <fishbone> might not be any laptops in 10 years
<fishbone> might not be any laptops in 10 years
Nov 22 11:35:47 Nov 22 11:35:47 <fishbone> all in the cload all centralized
<fishbone> all in the cload all centralized
Nov 22 11:36:22 <dw1> https://www.reddit.com/r/btc/comments/6t3u35/satoshi_believed_that_0confirmation_transactions/
Nov 22 11:36:22 <dw1> https://www.reddit.com/r/btc/comments/6t3u35/satoshi_believed_that_0confirmation_transactions/
Nov 22 11:36:27 Nov 22 11:36:27 <fishbone> cloud*
<fishbone> cloud*
Nov 22 11:36:28 Nov 22 11:36:28 <dw1> RBF screwed that up
<dw1> RBF screwed that up
Nov 22 11:37:09 Nov 22 11:37:09 <fishbone> iota has zero fee
<fishbone> iota has zero fee
Nov 22 11:37:19 Nov 22 11:37:19 <fishbone> have anyone tried to transfer with iota
<fishbone> have anyone tried to transfer with iota
Nov 22 11:38:32 Nov 22 11:38:32 <dw1> does BTC plan to ban people not using sidechains from transacting on chain
<dw1> does BTC plan to ban people not using sidechains from transacting on chain
Nov 22 11:38:34 Nov 22 11:38:34 <dw1> guess so
<dw1> guess so
Nov 22 11:38:40 Nov 22 11:38:40 <booyah> dw1: no, another lie of /r/btc
<booyah> dw1: no, another lie of /r/btc
Nov 22 11:38:44 <dw1> it was a question
Nov 22 11:38:44 <dw1> it was a question
Nov 22 11:38:54 <booyah> 0 conf is never safe, RBF or not. also, RBF is opt in
Nov 22 11:38:54 <booyah> 0 conf is never safe, RBF or not. also, RBF is opt in
Nov 22 11:39:13 Nov 22 11:39:13 <booyah> you can send with disabled RBF also on bitcoin
<booyah> you can send with disabled RBF also on bitcoin
Nov 22 11:39:28 Nov 22 11:39:28 <dw1> grand
<dw1> grand
Nov 22 11:39:29 <booyah> but both on BTC with disabled RBF, and on BCH (where RBF is disabled), 0-conf is not safe
Nov 22 11:39:29 <booyah> but both on BTC with disabled RBF, and on BCH (where RBF is disabled), 0-conf is not safe
Nov 22 11:39:42 Nov 22 11:39:42 <dw1> should be if you confirm a few nodes have it
<dw1> should be if you confirm a few nodes have it
Nov 22 11:39:44 Nov 22 11:39:44 <booyah> as a miner can easily mine the other version of your transaction if only he wishes so
<booyah> as a miner can easily mine the other version of your transaction if only he wishes so
Nov 22 11:40:04 Nov 22 11:40:04 <booyah> even if 99.9999% nodes confirm it, still if miners mines a block with other version of tx, all nodes will accept it
<booyah> even if 99.9999% nodes confirm it, still if miners mines a block with other version of tx, all nodes will accept it
Nov 22 11:41:28 Nov 22 11:41:28 <booyah> 0-conf + no-RBF (also possible in BTC!) hingest on hoping miner will never cooperate with the guy trying to doublespend. and we all see how "moral" are miners (and good, system should not hindge on that)
<booyah> 0-conf + no-RBF (also possible in BTC!) hingest on hoping miner will never cooperate with the guy trying to doublespend. and we all see how "moral" are miners (and good, system should not hindge on that)
Nov 22 11:42:59 Nov 22 11:42:59 <fishbone> booyah: double spend seem good when you don't get any confirmations
<fishbone> booyah: double spend seem good when you don't get any confirmations
Nov 22 11:43:13 Nov 22 11:43:13 <fishbone> at least how gmaxwell saved one of my payments once
<fishbone> at least how gmaxwell saved one of my payments once
Nov 22 11:43:33 Nov 22 11:43:33 <booyah> anyway a real reorganization can happen, which is why you wait 3-6 confs for bigger amounts. so 0-conf-no-RBF is weak security, and BTC allows it same as BCH, therefore entire "omg evil BTC added RBF, thx axa!" is another retarded point by bcashers & rbtc
<booyah> anyway a real reorganization can happen, which is why you wait 3-6 confs for bigger amounts. so 0-conf-no-RBF is weak security, and BTC allows it same as BCH, therefore entire "omg evil BTC added RBF, thx axa!" is another retarded point by bcashers & rbtc
Nov 22 11:44:26 <dw1> and feeds your superiority complex
Nov 22 11:44:26 <dw1> and feeds your superiority complex
Nov 22 11:44:28 <dw1> excellent
Nov 22 11:44:28 <dw1> excellent
Nov 22 11:44:34 Nov 22 11:44:34 <dw1> does BTC plan to ban people not using sidechains from transacting on chain
<dw1> does BTC plan to ban people not using sidechains from transacting on chain
Nov 22 11:44:50 Nov 22 11:44:50 <dw1> if not, how will you continue to run the chain on your toaster
<dw1> if not, how will you continue to run the chain on your toaster
Nov 22 11:45:07 Nov 22 11:45:07 <booyah> dw1: no. and the same way as now
<booyah> dw1: no. and the same way as now
Nov 22 11:45:13 Nov 22 11:45:13 <booyah> if I want to do on-chain, I will pay more
<booyah> if I want to do on-chain, I will pay more
Nov 22 11:45:18 Nov 22 11:45:18 <booyah> free market bro
<booyah> free market bro
Nov 22 11:45:40 Nov 22 11:45:40 <dw1> but technology will never advance to handle a larger chain
<dw1> but technology will never advance to handle a larger chain
Nov 22 11:45:48 Nov 22 11:45:48 <dw1> doesn't that doom you
<dw1> doesn't that doom you
Nov 22 11:45:59 Nov 22 11:45:59 <booyah> it will, but slowly
<booyah> it will, but slowly
Nov 22 11:46:03 Nov 22 11:46:03 <dw1> lol
<dw1> lol
Nov 22 11:46:30 Nov 22 11:46:30 <booyah> people will have free choice to do more and more costly on-chain, or just once open channel and do most things off chain
<booyah> people will have free choice to do more and more costly on-chain, or just once open channel and do most things off chain
Nov 22 11:46:42 Nov 22 11:46:42 <dw1> or we could just use larger hard drives and stay on chain like BCH
<dw1> or we could just use larger hard drives and stay on chain like BCH
Nov 22 11:46:48 Nov 22 11:46:48 <booyah> if that is not enough, then there are altcoins with segwith and higher capacity, like litecoin
<booyah> if that is not enough, then there are altcoins with segwith and higher capacity, like litecoin
Nov 22 11:46:53 Nov 22 11:46:53 <dw1> and forget all this sideshit
<dw1> and forget all this sideshit
Nov 22 11:47:13 <booyah> dw1: no, because even with small blocks the initial sync is bigger and bigger problem
Nov 22 11:47:13 <booyah> dw1: no, because even with small blocks the initial sync is bigger and bigger problem
Nov 22 11:47:22 Nov 22 11:47:22 <dw1> and bandwidth is always increasing
<dw1> and bandwidth is always increasing
Nov 22 11:47:28 Nov 22 11:47:28 <booyah> and with 1 GB blocks you will initially sync how long, a month? a year?
<booyah> and with 1 GB blocks you will initially sync how long, a month? a year?
Nov 22 11:47:48 Nov 22 11:47:48 <dw1> probably the same as for a large movie
<dw1> probably the same as for a large movie
Nov 22 11:48:11 Nov 22 11:48:11 <booyah> many people already have problem with 200 GB sync, and on BCH with 1 GB in few years it will be 50,000 GB sync
<booyah> many people already have problem with 200 GB sync, and on BCH with 1 GB in few years it will be 50,000 GB sync
Nov 22 11:48:33 Nov 22 11:48:33 <booyah> also will need like 256 core supercomputer to process it in "just" few weeks
<booyah> also will need like 256 core supercomputer to process it in "just" few weeks
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Nov 22 11:48:39 Nov 22 11:48:39 <dw1> wont be there for many years anyway
<dw1> wont be there for many years anyway
Nov 22 11:48:56 Nov 22 11:48:56 <booyah> fake-satoshi wants promised 1 GB blocks 1 year fron now
<booyah> fake-satoshi wants promised 1 GB blocks 1 year fron now
Nov 22 11:49:24 Nov 22 11:49:24 <booyah> or even 10 GBit, was it
<booyah> or even 10 GBit, was it
Nov 22 11:49:37 Nov 22 11:49:37 <fishbone> 1 GB blocks hehe
<fishbone> 1 GB blocks hehe
Nov 22 11:49:46 <booyah> * 10 GB
Nov 22 11:49:46 <booyah> * 10 GB
Nov 22 11:49:47 Nov 22 11:49:47 <dw1> if they aren't full what's the problem
<dw1> if they aren't full what's the problem
Nov 22 11:50:18 Nov 22 11:50:18 <booyah> dw1: well logical step is to reduce min fees (relayfee? and such) accordingly, and get them like half-full
<booyah> dw1: well logical step is to reduce min fees (relayfee? and such) accordingly, and get them like half-full
Nov 22 11:50:27 Nov 22 11:50:27 <fishbone> only transfers would fill the network i suppose
<fishbone> only transfers would fill the network i suppose
Nov 22 11:50:34 Nov 22 11:50:34 <fishbone> else it would be limited transfers
<fishbone> else it would be limited transfers
Nov 22 11:51:01 Nov 22 11:51:01 <dw1> why can't anyone do pruning like the whitepaper states
<dw1> why can't anyone do pruning like the whitepaper states
Nov 22 11:51:18 Nov 22 11:51:18 <booyah> dw1: prunning only helps with disk space. not with net and cpu
<booyah> dw1: prunning only helps with disk space. not with net and cpu
Nov 22 11:51:19 Nov 22 11:51:19 <fishbone> what does it say
<fishbone> what does it say
Nov 22 11:51:29 <fishbone> got url for the white paper by the wya
Nov 22 11:51:29 <fishbone> got url for the white paper by the wya
Nov 22 11:51:35 <fishbone> the one satoshi wrote
Nov 22 11:51:35 <fishbone> the one satoshi wrote
Nov 22 11:51:58 Nov 22 11:51:58 <dw1> https://www.google.com/search?q=bitcoin.pdf
<dw1> https://www.google.com/search?q=bitcoin.pdf
Nov 22 11:52:18 Nov 22 11:52:18 <fishbone> can you give me a duckduckgo query please
<fishbone> can you give me a duckduckgo query please
Nov 22 11:52:22 <dw1> hehe
Nov 22 11:52:22 <dw1> hehe
Nov 22 11:52:35 <dw1> so it wouldnt be 50TB sync with pruning then
Nov 22 11:52:35 <dw1> so it wouldnt be 50TB sync with pruning then
Nov 22 11:52:50 Nov 22 11:52:50 <dw1> half way there
<dw1> half way there
Nov 22 11:52:56 Nov 22 11:52:56 * CryptoGuy (~danny@unaffiliated/cryptoguy) has joined #bitcoincash
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Nov 22 11:52:56 Nov 22 11:52:56 <booyah> dw1: yeah, prunning does not change size of sync
<booyah> dw1: yeah, prunning does not change size of sync
Nov 22 11:53:01 Nov 22 11:53:01 <booyah> only disk storage use
<booyah> only disk storage use
Nov 22 11:53:29 Nov 22 11:53:29 <dw1> clearly conflating the issue
<dw1> clearly conflating the issue
Nov 22 11:54:20 Nov 22 11:54:20 <dw1> prune b4 sidechain
<dw1> prune b4 sidechain
Nov 22 11:54:26 Nov 22 11:54:26 <booyah> big block has at least 5 problems: hdd store size, network download size, network upload to help others, cpu use, and initial wait time
<booyah> big block has at least 5 problems: hdd store size, network download size, network upload to help others, cpu use, and initial wait time
Nov 22 11:54:38 <booyah> dw1: what do you mean, prune is already implemented. I use it
Nov 22 11:54:38 <booyah> dw1: what do you mean, prune is already implemented. I use it
Nov 22 11:54:52 Nov 22 11:54:52 <dw1> oh good
<dw1> oh good
Nov 22 11:55:04 Nov 22 11:55:04 <booyah> hdd store size can be helped by prune (but only to a degree, since someone needs to have that data to help others to download it)
<booyah> hdd store size can be helped by prune (but only to a degree, since someone needs to have that data to help others to download it)
Nov 22 11:55:07 Nov 22 11:55:07 <booyah> all other problems remained
<booyah> all other problems remained
Nov 22 11:55:17 Nov 22 11:55:17 <booyah> this is the reason why core doesn't simply flip a number
<booyah> this is the reason why core doesn't simply flip a number
Nov 22 11:55:45 Nov 22 11:55:45 <dw1> good luck with your investment
<dw1> good luck with your investment
Nov 22 11:56:03 Nov 22 11:56:03 <booyah> all ideas to reduce remaining problems, are lowering security, e.g. making the coin not-trustless.
<booyah> all ideas to reduce remaining problems, are lowering security, e.g. making the coin not-trustless.
Nov 22 11:56:05 Nov 22 11:56:05 <booyah> or not p2p
<booyah> or not p2p
Nov 22 11:56:15 Nov 22 11:56:15 <booyah> and that's all
<booyah> and that's all
Nov 22 11:56:55 Nov 22 11:56:55 <dw1> unfortunately not flipping a number could kill you in the near term
<dw1> unfortunately not flipping a number could kill you in the near term
Nov 22 11:57:03 <dw1> good luck
Nov 22 11:57:03 <dw1> good luck
Nov 22 11:57:04 Nov 22 11:57:04 <fishbone> didn't they say that btc had a 4mb limit
<fishbone> didn't they say that btc had a 4mb limit
Nov 22 11:57:47 Nov 22 11:57:47 <fishbone> pretty sure it was gmaxwell who said it in the fork channel the other day
<fishbone> pretty sure it was gmaxwell who said it in the fork channel the other day
Nov 22 11:57:49 Nov 22 11:57:49 <booyah> the number was already flipped, dw1, to 1.6 MB of effective transactions space
<booyah> the number was already flipped, dw1, to 1.6 MB of effective transactions space
Nov 22 11:57:50 Nov 22 11:57:50 <fishbone> might be wrong
<fishbone> might be wrong
Nov 22 11:57:55 Nov 22 11:57:55 <booyah> fishbone: ^
<booyah> fishbone: ^
Nov 22 11:58:06 Nov 22 11:58:06 <dw1> yeah, not enough for demand
<dw1> yeah, not enough for demand
Nov 22 11:58:10 Nov 22 11:58:10 <dw1> hence BCH
<dw1> hence BCH
Nov 22 11:58:18 Nov 22 11:58:18 <dw1> dont die
<dw1> dont die
Nov 22 11:58:28 Nov 22 11:58:28 <booyah> bitcoin now can store as much tx as if it's blocks would be up to 1.6 MB. (and can produce blocks up to 4 MB, though in other tx format so just 1.6 mb worth of txes)
<booyah> bitcoin now can store as much tx as if it's blocks would be up to 1.6 MB. (and can produce blocks up to 4 MB, though in other tx format so just 1.6 mb worth of txes)
Nov 22 11:59:13 Nov 22 11:59:13 <booyah> and yet /r/btc keeps saying BTC has 1 MB limit, another lie on top of previous ones I mentioned ("segwit anyone can spend" and "can't do non-RBF in BTC")
<booyah> and yet /r/btc keeps saying BTC has 1 MB limit, another lie on top of previous ones I mentioned ("segwit anyone can spend" and "can't do non-RBF in BTC")
Nov 22 11:59:38 Nov 22 11:59:38 <dw1> take it up with them
<dw1> take it up with them
Nov 22 11:59:49 Nov 22 11:59:49 <dw1> only nerds reddit much
<dw1> only nerds reddit much
Nov 22 12:00:41 Nov 22 12:00:41 <fishbone> i only used digg before reddit made a more popular version
<fishbone> i only used digg before reddit made a more popular version
Nov 22 12:02:15 Nov 22 12:02:15 <fishbone> it can be done if done right maybe
<fishbone> it can be done if done right maybe
Nov 22 12:02:26 Nov 22 12:02:26 <fishbone> don't know much about the communities themself
<fishbone> don't know much about the communities themself
Nov 22 12:03:06 Nov 22 12:03:06 <dw1> https://medium.com/@enricopolanski_16624/anatomy-of-two-radically-different-userbases-r-bitcoin-and-r-btc-compared-c7ae1468bb5b
<dw1> https://medium.com/@enricopolanski_16624/anatomy-of-two-radically-different-userbases-r-bitcoin-and-r-btc-compared-c7ae1468bb5b
Nov 22 12:03:29 Nov 22 12:03:29 <dw1> it's toxic on there
<dw1> it's toxic on there
Nov 22 12:03:33 Nov 22 12:03:33 <dw1> bot war
<dw1> bot war
Nov 22 12:03:54 Nov 22 12:03:54 <dw1> religious zealots on both sides
<dw1> religious zealots on both sides
Nov 22 12:04:11 Nov 22 12:04:11 <fishbone> i notice that here on irc as well
<fishbone> i notice that here on irc as well
Nov 22 12:04:28 <dw1> need more centrists
Nov 22 12:04:28 <dw1> need more centrists
Nov 22 12:04:32 Nov 22 12:04:32 <dw1> center-aligned people
<dw1> center-aligned people
Nov 22 12:04:36 Nov 22 12:04:36 <dw1> yeah
<dw1> yeah
Nov 22 12:04:37 Nov 22 12:04:37 <fishbone> i saw a video on some conspiracy about bitcoin the other day
<fishbone> i saw a video on some conspiracy about bitcoin the other day
Nov 22 12:04:46 Nov 22 12:04:46 <fishbone> first time i saw something about that nature
<fishbone> first time i saw something about that nature
Nov 22 12:05:08 <fishbone> dw1: i see you as a bit more bch than btc thought
Nov 22 12:05:08 <fishbone> dw1: i see you as a bit more bch than btc thought
Nov 22 12:05:27 Nov 22 12:05:27 <dw1> yeah i'm cheap
<dw1> yeah i'm cheap
Nov 22 12:05:28 Nov 22 12:05:28 <dw1> hate fees
<dw1> hate fees
Nov 22 12:05:36 Nov 22 12:05:36 <fishbone> i got accused for being bch proponent the other week
<fishbone> i got accused for being bch proponent the other week
Nov 22 12:05:41 <dw1> even if i can make big investment money i wont pay the fees
Nov 22 12:05:41 <dw1> even if i can make big investment money i wont pay the fees
Nov 22 12:05:53 Nov 22 12:05:53 <fishbone> but the one called me that made millions while i made nothing cause i was not set for fight
<fishbone> but the one called me that made millions while i made nothing cause i was not set for fight
Nov 22 12:05:53 Nov 22 12:05:53 <dw1> so i avoid btc
<dw1> so i avoid btc
Nov 22 12:06:32 <dw1> also they need a new DAA it's too vulnerable
Nov 22 12:06:32 <dw1> also they need a new DAA it's too vulnerable
Nov 22 12:06:42 Nov 22 12:06:42 <fishbone> what is DAA
<fishbone> what is DAA
Nov 22 12:06:46 Nov 22 12:06:46 <dw1> difficulty adjustment algo
<dw1> difficulty adjustment algo
Nov 22 12:07:15 Nov 22 12:07:15 <dw1> if they lose hashpower the blocks slow down
<dw1> if they lose hashpower the blocks slow down
Nov 22 12:07:19 Nov 22 12:07:19 <dw1> and it doesn't adjust for up to 2016 blocks
<dw1> and it doesn't adjust for up to 2016 blocks
Nov 22 12:07:20 Nov 22 12:07:20 <dw1> which could be fatal
<dw1> which could be fatal
Nov 22 12:07:29 <dw1> if not for the insane fees
Nov 22 12:07:29 <dw1> if not for the insane fees
Nov 22 12:07:52 Nov 22 12:07:52 <dw1> that's the real reason they hate BCH imo
<dw1> that's the real reason they hate BCH imo
Nov 22 12:08:00 <dw1> because they can't compete for miners
Nov 22 12:08:00 <dw1> because they can't compete for miners
Nov 22 12:08:14 Nov 22 12:08:14 <dw1> without harming the users
<dw1> without harming the users
Nov 22 12:08:17 Nov 22 12:08:17 <dw1> BTC wasn't built for competition
<dw1> BTC wasn't built for competition
Nov 22 12:08:50 Nov 22 12:08:50 <fishbone> what is the idea behind 2016 blocks
<fishbone> what is the idea behind 2016 blocks
Nov 22 12:09:09 <dw1> it was for a time when there was no competition
Nov 22 12:09:09 <dw1> it was for a time when there was no competition
Nov 22 12:09:38 Nov 22 12:09:38 <dw1> i think they could pull off a successful hard fork easily, personally
<dw1> i think they could pull off a successful hard fork easily, personally
Nov 22 12:09:42 Nov 22 12:09:42 <dw1> but they're stubborn
<dw1> but they're stubborn
Nov 22 12:09:51 Nov 22 12:09:51 <dw1> https://en.bitcoin.it/wiki/Difficulty
<dw1> https://en.bitcoin.it/wiki/Difficulty
Nov 22 12:10:41 Nov 22 12:10:41 <fishbone> don't think changing every block is good as i said yesterday
<fishbone> don't think changing every block is good as i said yesterday
Nov 22 12:10:59 Nov 22 12:10:59 <dw1> miners follow the profits. have to stay competitive
<dw1> miners follow the profits. have to stay competitive
Nov 22 12:11:04 <fishbone> cause the time between blocks are not static right
Nov 22 12:11:04 <fishbone> cause the time between blocks are not static right
Nov 22 12:11:32 Nov 22 12:11:32 <dw1> keeps the blocks at the right time too yea
<dw1> keeps the blocks at the right time too yea
Nov 22 12:11:35 <dw1> https://ekerstein.com/bitcoin/fees/
Nov 22 12:11:35 <dw1> https://ekerstein.com/bitcoin/fees/
Nov 22 12:12:21 Nov 22 12:12:21 <fishbone> they manage to get it stable or
<fishbone> they manage to get it stable or
Nov 22 12:12:23 Nov 22 12:12:23 <dw1> BCH changing theirs to be every block helps BTC a bit
<dw1> BCH changing theirs to be every block helps BTC a bit
Nov 22 12:12:38 Nov 22 12:12:38 <dw1> miners wont switch for as long when its profitable now
<dw1> miners wont switch for as long when its profitable now
Nov 22 12:12:40 <dw1> perhaps
Nov 22 12:12:40 <dw1> perhaps
Nov 22 12:12:46 Nov 22 12:12:46 <dw1> 'cause it will get harder faster
<dw1> 'cause it will get harder faster
Nov 22 12:12:47 Nov 22 12:12:47 <fishbone> i could think maybe x amount of blocks would give the average speed and then it would be adjustable
<fishbone> i could think maybe x amount of blocks would give the average speed and then it would be adjustable
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Nov 22 12:13:59 Nov 22 12:13:59 <dw1> but https://fork.lol/
<dw1> but https://fork.lol/
Nov 22 12:14:06 Nov 22 12:14:06 <dw1> BCH has been 10% more profitable lately
<dw1> BCH has been 10% more profitable lately
Nov 22 12:14:22 Nov 22 12:14:22 <dw1> so it should gain a higher share of miners
<dw1> so it should gain a higher share of miners
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Nov 22 12:14:36 Nov 22 12:14:36 <dw1> and it's at 15% right now which is higher than usual
<dw1> and it's at 15% right now which is higher than usual
Nov 22 12:14:46 Nov 22 12:14:46 <dw1> so BTC difficulty could in fact go down...
<dw1> so BTC difficulty could in fact go down...
Nov 22 12:14:49 Nov 22 12:14:49 <dw1> due to that
<dw1> due to that
Nov 22 12:15:06 Nov 22 12:15:06 <dw1> then if it becomes more profitable.. super fast blocks heh
<dw1> then if it becomes more profitable.. super fast blocks heh
Nov 22 12:16:08 Nov 22 12:16:08 <dw1> so i think 2016 blocks is far too slow for adjustment with competition
<dw1> so i think 2016 blocks is far too slow for adjustment with competition
Nov 22 12:17:40 Nov 22 12:17:40 <dw1> but they're afraid to hard fork to fix it so users will suffer ¯\_(ツ)_/¯
<dw1> but they're afraid to hard fork to fix it so users will suffer ¯\_(ツ)_/¯
Nov 22 12:18:56 <dw1> god forbid a third bitcoin fork comes onto the market
Nov 22 12:18:56 <dw1> god forbid a third bitcoin fork comes onto the market
Nov 22 12:19:02 Nov 22 12:19:02 <dw1> hehe
<dw1> hehe
Nov 22 12:19:07 Nov 22 12:19:07 <dw1> ASIC-based, that is
<dw1> ASIC-based, that is
Nov 22 12:20:09 <dw1> so they'll lie and say the network is being spammed etc instead of admitting their DAA sucks
Nov 22 12:20:09 <dw1> so they'll lie and say the network is being spammed etc instead of admitting their DAA sucks
Nov 22 12:20:25 Nov 22 12:20:25 <dw1> to keep their users
<dw1> to keep their users
Nov 22 12:23:46 Nov 22 12:23:46 <dw1> just goes to show they (again) can't do what's necessary in a pinch :P
<dw1> just goes to show they (again) can't do what's necessary in a pinch :P
Nov 22 12:23:56 Nov 22 12:23:56 <dw1> *shots fired*
<dw1> *shots fired*
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Nov 22 12:35:23 Nov 22 12:35:23 <dw1> "It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is most adaptable to change." -Darwin
<dw1> "It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is most adaptable to change." -Darwin
Nov 22 12:43:24 Nov 22 12:43:24 <Siegfried> wronk
<Siegfried> wronk
Nov 22 12:43:33 Nov 22 12:43:33 <Siegfried> if that was true we would have only 1 species :P
<Siegfried> if that was true we would have only 1 species :P
Nov 22 12:43:42 Nov 22 12:43:42 <dw1> :O
<dw1> :O
Nov 22 12:44:19 Nov 22 12:44:19 <Siegfried> thats why darwin changed that quote later if i remember correctly
<Siegfried> thats why darwin changed that quote later if i remember correctly
Nov 22 12:50:52 Nov 22 12:50:52 <BBass> just got back online, can anyone catch me up on why the increase happened
<BBass> just got back online, can anyone catch me up on why the increase happened
Nov 22 12:51:10 Nov 22 12:51:10 <dw1> which increase
<dw1> which increase
Nov 22 12:51:46 Nov 22 12:51:46 <fishbone> we all survive with or without all the coins
<fishbone> we all survive with or without all the coins
Nov 22 12:51:51 Nov 22 12:51:51 <fishbone> not about survival at all
<fishbone> not about survival at all
Nov 22 12:51:59 Nov 22 12:51:59 <dw1> BCH price? likely because segwit2x was called off and some people think bigger blocks are a solution
<dw1> BCH price? likely because segwit2x was called off and some people think bigger blocks are a solution
Nov 22 12:52:02 Nov 22 12:52:02 <BBass> the one above 1,25k
<BBass> the one above 1,25k
Nov 22 12:52:19 <BBass> isn't that old news?
Nov 22 12:52:19 <BBass> isn't that old news?
Nov 22 12:52:29 Nov 22 12:52:29 <dw1> oh the recent increase
<dw1> oh the recent increase
Nov 22 12:52:47 Nov 22 12:52:47 <BBass> the one 6 hours ago
<BBass> the one 6 hours ago
Nov 22 12:53:13 Nov 22 12:53:13 <dw1> perhaps downward pressure from the big spike mid nov is subsiding
<dw1> perhaps downward pressure from the big spike mid nov is subsiding
Nov 22 12:53:58 Nov 22 12:53:58 <dw1> could be the end of the 'correction'
<dw1> could be the end of the 'correction'
Nov 22 12:54:46 <dw1> plus BCH is rapidly being added to wallets and exchanges since the spike
Nov 22 12:54:46 <dw1> plus BCH is rapidly being added to wallets and exchanges since the spike
Nov 22 12:55:27 Nov 22 12:55:27 <BBass> ok, cool...in the end i don't care why it goes up, as long as it does go up, but good to know whats happening
<BBass> ok, cool...in the end i don't care why it goes up, as long as it does go up, but good to know whats happening
Nov 22 12:55:48 Nov 22 12:55:48 <dw1> a lot of people are pushing for it
<dw1> a lot of people are pushing for it
Nov 22 12:56:48 Nov 22 12:56:48 <dw1> and the civil war with BTC gives it decent publicity
<dw1> and the civil war with BTC gives it decent publicity
Nov 22 12:56:52 <dw1> even if negative heh
Nov 22 12:56:52 <dw1> even if negative heh
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Nov 22 13:19:49 Nov 22 13:19:49 <fishbone> dw1: were you for segwit2x over bch
<fishbone> dw1: were you for segwit2x over bch
Nov 22 13:28:26 Nov 22 13:28:26 <dw1> nah, i didn't view it as expandable enough to meet demand
<dw1> nah, i didn't view it as expandable enough to meet demand
Nov 22 13:29:52 Nov 22 13:29:52 <dw1> or big enough
<dw1> or big enough
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Nov 22 13:54:39 Nov 22 13:54:39 <dw1> https://jochen-hoenicke.de/queue/#24h
<dw1> https://jochen-hoenicke.de/queue/#24h
Nov 22 13:55:09 Nov 22 13:55:09 <dw1> thar she grows
<dw1> thar she grows
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Nov 22 13:59:11 Nov 22 13:59:11 <Siegfried> 0.003 btc is the lowest fee atm?
<Siegfried> 0.003 btc is the lowest fee atm?
Nov 22 14:00:20 Nov 22 14:00:20 <dw1> idk https://bitcoinfees.earn.com/
<dw1> idk https://bitcoinfees.earn.com/
Nov 22 14:00:24 Nov 22 14:00:24 <dw1> might be able to squeak in a cheap one
<dw1> might be able to squeak in a cheap one
Nov 22 14:01:08 Nov 22 14:01:08 <dw1> seems the miners are tired of betting on BTC and decided to take the 10%
<dw1> seems the miners are tired of betting on BTC and decided to take the 10%
Nov 22 14:01:36 Nov 22 14:01:36 <dw1> BCH got to 17%
<dw1> BCH got to 17%
Nov 22 14:02:12 Nov 22 14:02:12 <dw1> https://fork.lol/pow/retarget
<dw1> https://fork.lol/pow/retarget
Nov 22 14:02:21 Nov 22 14:02:21 <dw1> BTC difficulty projected to decrease:/
<dw1> BTC difficulty projected to decrease:/
Nov 22 14:02:31 <dw1> #winning
Nov 22 14:02:31 <dw1> #winning
Nov 22 14:03:58 <Siegfried> it will get easier?
Nov 22 14:03:58 <Siegfried> it will get easier?
Nov 22 14:04:13 Nov 22 14:04:13 <dw1> heh yeah
<dw1> heh yeah
Nov 22 14:04:41 Nov 22 14:04:41 <Siegfried> where can i read up how that works with the difficulty? i read the hashes produced can be compared somehow and they change the epsilon?
<Siegfried> where can i read up how that works with the difficulty? i read the hashes produced can be compared somehow and they change the epsilon?
Nov 22 14:04:49 Nov 22 14:04:49 <dw1> cause BCH stole more than the added hashpower in the past 2016 blocks
<dw1> cause BCH stole more than the added hashpower in the past 2016 blocks
Nov 22 14:05:20 <dw1> https://en.bitcoin.it/wiki/Difficulty
Nov 22 14:05:20 <dw1> https://en.bitcoin.it/wiki/Difficulty
Nov 22 14:06:19 Nov 22 14:06:19 <dw1> https://www.bitcoinabc.org/november https://github.com/Bitcoin-UAHF/spec/blob/master/nov-13-hardfork-spec.md
<dw1> https://www.bitcoinabc.org/november https://github.com/Bitcoin-UAHF/spec/blob/master/nov-13-hardfork-spec.md
Nov 22 14:06:27 Nov 22 14:06:27 <dw1> fork.lol is good for stats
<dw1> fork.lol is good for stats
Nov 22 14:11:04 Nov 22 14:11:04 <Siegfried> oh its just the number represented by the hash?!
<Siegfried> oh its just the number represented by the hash?!
Nov 22 14:12:09 Nov 22 14:12:09 <Siegfried> so to mine a block i create random headers until the hash of the header is below the target hash?
<Siegfried> so to mine a block i create random headers until the hash of the header is below the target hash?
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Nov 22 14:12:50 Nov 22 14:12:50 <fibonacci> Hello
<fibonacci> Hello
Nov 22 14:13:31 Nov 22 14:13:31 <dw1> idk i think they prepend zeroes to adjust it
<dw1> idk i think they prepend zeroes to adjust it
Nov 22 14:14:04 <Siegfried> https://en.bitcoin.it/wiki/Block_hashing_algorithm
Nov 22 14:14:04 <Siegfried> https://en.bitcoin.it/wiki/Block_hashing_algorithm
Nov 22 14:14:23 Nov 22 14:14:23 <dw1> https://bitcoin.stackexchange.com/questions/8031/what-are-bitcoin-miners-really-solving
<dw1> https://bitcoin.stackexchange.com/questions/8031/what-are-bitcoin-miners-really-solving
Nov 22 14:20:03 Nov 22 14:20:03 <Siegfried> thanks thats a good explanation
<Siegfried> thanks thats a good explanation
Nov 22 14:20:25 Nov 22 14:20:25 <Siegfried> simplified but you get what its about :D the wiki article doesnt tell you that
<Siegfried> simplified but you get what its about :D the wiki article doesnt tell you that
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Nov 22 15:31:24 Nov 22 15:31:24 <dw1> https://i.imgur.com/bP3vZT2.jpg
<dw1> https://i.imgur.com/bP3vZT2.jpg
Nov 22 15:31:39 <dw1> ( ͡ᵔ ͜ʖ ͡ᵔ)
Nov 22 15:31:39 <dw1> ( ͡ᵔ ͜ʖ ͡ᵔ)
Nov 22 15:41:08 <Dummbatz> and if it falls again ?
Nov 22 15:41:08 <Dummbatz> and if it falls again ?
Nov 22 15:41:21 <Dummbatz> broken hearth
Nov 22 15:41:21 <Dummbatz> broken hearth
Nov 22 15:42:04 <Dummbatz> ah nm i read it wrong :)
Nov 22 15:42:04 <Dummbatz> ah nm i read it wrong :)
Nov 22 15:42:06 Nov 22 15:42:06 <dw1> :D
<dw1> :D
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Nov 22 16:19:15 Nov 22 16:19:15 <buZz> wow 64 people :P
<buZz> wow 64 people :P
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Nov 22 16:23:52 Nov 22 16:23:52 <munchee> bch growing day by day
<munchee> bch growing day by day
Nov 22 16:23:58 Nov 22 16:23:58 <munchee> soon 640
<munchee> soon 640
Nov 22 16:25:10 Nov 22 16:25:10 <iKant> Is there a slack or some other chat channel for bch ?
<iKant> Is there a slack or some other chat channel for bch ?
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Nov 22 18:29:01 Nov 22 18:29:01 <dw1> https://www.youtube.com/watch?v=l6Obc_cJba4
<dw1> https://www.youtube.com/watch?v=l6Obc_cJba4
Nov 22 18:29:14 Nov 22 18:29:14 <dw1> rick falkvinge talks to RT
<dw1> rick falkvinge talks to RT
Nov 22 18:32:15 Nov 22 18:32:15 <dw1> "We won't need banks anymore"
<dw1> "We won't need banks anymore"
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Nov 22 18:44:37 Nov 22 18:44:37 <BBass> damn. she looks so bored
<BBass> damn. she looks so bored
Nov 22 18:48:49 Nov 22 18:48:49 <BBass> the entire setup and interview are so bad...
<BBass> the entire setup and interview are so bad...
Nov 22 18:49:11 <BBass> PR is good, but this?
Nov 22 18:49:11 <BBass> PR is good, but this?
Nov 22 18:49:30 Nov 22 18:49:30 <BBass> 50k views...go figure
<BBass> 50k views...go figure
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Nov 22 19:07:39 Nov 22 19:07:39 <dw1> https://www.google.com/patents/US20160330034
<dw1> https://www.google.com/patents/US20160330034
Nov 22 19:08:00 Nov 22 19:08:00 <dw1> Blockstream's sidechain patent
<dw1> Blockstream's sidechain patent
Nov 22 19:08:36 <dw1> which they hope to corrupt bitcoin core with :P
Nov 22 19:08:36 <dw1> which they hope to corrupt bitcoin core with :P
Nov 22 19:09:39 <dw1> if they haven't already
Nov 22 19:09:39 <dw1> if they haven't already
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Nov 22 19:15:28 Nov 22 19:15:28 <dw1> where was that quote
<dw1> where was that quote
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Nov 22 19:24:15 <dw1> https://coinjournal.net/roger-ver-hold-majority-cryptocoin-wealth-bitcoin-cash/
Nov 22 19:24:15 <dw1> https://coinjournal.net/roger-ver-hold-majority-cryptocoin-wealth-bitcoin-cash/
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Nov 22 20:26:07 Nov 22 20:26:07 <dw1> https://bitcointalk.org/index.php?topic=423.msg3819#msg3819
<dw1> https://bitcointalk.org/index.php?topic=423.msg3819#msg3819
Nov 22 20:26:16 Nov 22 20:26:16 <dw1> re zero conf / doublespend
<dw1> re zero conf / doublespend
Nov 22 20:26:41 Nov 22 20:26:41 <dw1> also small transactions
<dw1> also small transactions
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Nov 22 22:12:02 Nov 22 22:12:02 <dw1> broke 1400 - downtrend busted?
<dw1> broke 1400 - downtrend busted?
Nov 22 22:12:55 Nov 22 22:12:55 <dw1> ttps://www.tradingview.com/chart/BCHUSD/Jtgyk9zd-BCHUSD/
<dw1> ttps://www.tradingview.com/chart/BCHUSD/Jtgyk9zd-BCHUSD/
Nov 22 22:12:59 <dw1> target 1800 good luck
Nov 22 22:12:59 <dw1> target 1800 good luck
Nov 22 22:16:48 Nov 22 22:16:48 <dw1> bch has 20% of miners
<dw1> bch has 20% of miners
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Nov 22 22:21:20 Nov 22 22:21:20 <dw1> ergo btc is enjoying higher fees again https://jochen-hoenicke.de/queue/#24h
<dw1> ergo btc is enjoying higher fees again https://jochen-hoenicke.de/queue/#24h
Nov 22 22:23:46 Nov 22 22:23:46 <ossifrage> So close to my sell price :-(
<ossifrage> So close to my sell price :-(
Nov 22 22:25:03 Nov 22 22:25:03 <dw1> 1800? https://www.tradingview.com/chart/BCHUSD/Jtgyk9zd-BCHUSD/
<dw1> 1800? https://www.tradingview.com/chart/BCHUSD/Jtgyk9zd-BCHUSD/
Nov 22 22:25:21 Nov 22 22:25:21 <dw1> #hodl
<dw1> #hodl
Nov 22 22:25:43 Nov 22 22:25:43 <ossifrage> I'm happy too sell above 0.18
<ossifrage> I'm happy too sell above 0.18
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Nov 22 22:33:35 Nov 22 22:33:35 <Megumiin> dw1: these tiny swings of minor favor arent a big deal anymore for btc
<Megumiin> dw1: these tiny swings of minor favor arent a big deal anymore for btc
Nov 22 22:34:06 Nov 22 22:34:06 <Megumiin> they're too short to have a large effect on fees, currently most of the fee pressure is still leftover dumb wallets being dumb from last giant spike
<Megumiin> they're too short to have a large effect on fees, currently most of the fee pressure is still leftover dumb wallets being dumb from last giant spike
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Nov 22 22:49:40 Nov 22 22:49:40 <dw1> the new BCH DAA should help a bit
<dw1> the new BCH DAA should help a bit
Nov 22 22:50:09 Nov 22 22:50:09 <dw1> BCH wont remain as profitable for as long during migrations
<dw1> BCH wont remain as profitable for as long during migrations
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Nov 23 12:03:09 Nov 23 12:03:09 <jiraffe> sup BCHes
<jiraffe> sup BCHes
Nov 23 12:03:22 <jiraffe> r
Nov 23 12:03:22 <jiraffe> r
Nov 23 12:03:34 Nov 23 12:03:34 <jiraffe> $1500 B)
<jiraffe> $1500 B)
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Nov 23 12:10:56 Nov 23 12:10:56 <dw1> ᕕ(⌐■_■)ᕗ
<dw1> ᕕ(⌐■_■)ᕗ
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Nov 23 12:32:39 Nov 23 12:32:39 <raynold> ahh it's a wonderful day
<raynold> ahh it's a wonderful day
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Nov 23 15:15:34 Nov 23 15:15:34 <RastaFarEye> tripleslash: do you work for Nvidia?
<RastaFarEye> tripleslash: do you work for Nvidia?
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Nov 23 17:15:22 Nov 23 17:15:22 <booyah> lol, rbtc thinks there will be a flippening in 20 hours from now :D
<booyah> lol, rbtc thinks there will be a flippening in 20 hours from now :D
Nov 23 17:21:51 <satoshidust> if nothing happens after the retarget, might be some good dips to buy
Nov 23 17:21:51 <satoshidust> if nothing happens after the retarget, might be some good dips to buy
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Nov 23 18:36:55 <dw1> https://www.tradingview.com/chart/BCHUSD/yPtPQJ9O-BCHUSD/
Nov 23 18:36:55 <dw1> https://www.tradingview.com/chart/BCHUSD/yPtPQJ9O-BCHUSD/
Nov 23 18:39:11 Nov 23 18:39:11 <satoshidust> dw1: that's what I'm talkin about
<satoshidust> dw1: that's what I'm talkin about
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Nov 24 06:02:14 Nov 24 06:02:14 <AlienTrooper> Hello. Do you accept Bitcoin?
<AlienTrooper> Hello. Do you accept Bitcoin?
Nov 24 06:02:14 <AlienTrooper> "Yes indeed."
Nov 24 06:02:14 <AlienTrooper> "Yes indeed."
Nov 24 06:02:17 <AlienTrooper> WOW, you do? That's incredibly awesome! Great!
Nov 24 06:02:17 <AlienTrooper> WOW, you do? That's incredibly awesome! Great!
Nov 24 06:02:17 Nov 24 06:02:17 <AlienTrooper> pulls out digital wallet
<AlienTrooper> pulls out digital wallet
Nov 24 06:02:20 Nov 24 06:02:20 <AlienTrooper> "Wait. Is that Bitcoin CASH?"
<AlienTrooper> "Wait. Is that Bitcoin CASH?"
Nov 24 06:02:22 <AlienTrooper> Well, yeah.
Nov 24 06:02:22 <AlienTrooper> Well, yeah.
Nov 24 06:02:25 <AlienTrooper> LOL. No. We accept Bitcoin. Or Cash. Not Bitcoin Cash. I'm sorry.
Nov 24 06:02:25 <AlienTrooper> LOL. No. We accept Bitcoin. Or Cash. Not Bitcoin Cash. I'm sorry.
Nov 24 06:02:28 Nov 24 06:02:28 <AlienTrooper> :))))
<AlienTrooper> :))))
Nov 24 06:03:05 Nov 24 06:03:05 <moriarty> lol AlienTrooper
<moriarty> lol AlienTrooper
Nov 24 06:05:59 Nov 24 06:05:59 <wxss_> or: "Okay. I sent you the money"
<wxss_> or: "Okay. I sent you the money"
Nov 24 06:06:15 Nov 24 06:06:15 <wxss_> "I've received nothing, did you send Bitcoin?"
<wxss_> "I've received nothing, did you send Bitcoin?"
Nov 24 06:06:35 Nov 24 06:06:35 <wxss_> "Yes, the real Bitcoin, Bcash"
<wxss_> "Yes, the real Bitcoin, Bcash"
Nov 24 06:06:43 Nov 24 06:06:43 <wxss_> "Sorry we don't accept altcoins"
<wxss_> "Sorry we don't accept altcoins"
Nov 24 06:06:49 <wxss_> "Damn"
Nov 24 06:06:49 <wxss_> "Damn"
Nov 24 06:06:54 <booyah> "[triggered]"
Nov 24 06:06:54 <booyah> "[triggered]"
Nov 24 06:07:25 Nov 24 06:07:25 <booyah> but bitcoin is altcoin, it's not satoshivision™
<booyah> but bitcoin is altcoin, it's not satoshivision™
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Nov 24 06:07:49 Nov 24 06:07:49 <wxss_> "We don't care about your delusion. Now please piss off."
<wxss_> "We don't care about your delusion. Now please piss off."
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Nov 24 06:08:37 Nov 24 06:08:37 <booyah> butt butt, read the whitepaper
<booyah> butt butt, read the whitepaper
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Nov 24 06:15:47 Nov 24 06:15:47 <wxss_> "You're still here? Get lost before I release the dogs on you."
<wxss_> "You're still here? Get lost before I release the dogs on you."
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Nov 24 10:30:34 Nov 24 10:30:34 <dw1> yo you want #bitcoin for the segwit fork
<dw1> yo you want #bitcoin for the segwit fork
Nov 24 10:31:03 Nov 24 10:31:03 <dw1> high-fee coin
<dw1> high-fee coin
Nov 24 10:31:54 <dw1> this channel is for the coin that got to more than 0.5 BTC in less than 4 months
Nov 24 10:31:54 <dw1> this channel is for the coin that got to more than 0.5 BTC in less than 4 months
Nov 24 10:32:10 <dw1> (☞゚ヮ゚)☞
Nov 24 10:32:10 <dw1> (☞゚ヮ゚)☞
Nov 24 10:33:48 Nov 24 10:33:48 <sturles> Is BCH > 0.5?
<sturles> Is BCH > 0.5?
Nov 24 10:33:53 <sturles> It was > 1 BTC for a few seconds on Kraken just after the fork.
Nov 24 10:33:53 <sturles> It was > 1 BTC for a few seconds on Kraken just after the fork.
Nov 24 10:34:07 <dw1> english mofo, do you speak it
Nov 24 10:34:07 <dw1> english mofo, do you speak it
Nov 24 10:34:13 Nov 24 10:34:13 <sturles> Very short pump before a major dump.
<sturles> Very short pump before a major dump.
Nov 24 10:34:55 Nov 24 10:34:55 <dw1> real pump & dumps return to the starting level not a mere 1/3 correction
<dw1> real pump & dumps return to the starting level not a mere 1/3 correction
Nov 24 10:35:00 Nov 24 10:35:00 <dw1> better get some
<dw1> better get some
Nov 24 10:35:53 Nov 24 10:35:53 <airlygrey> #feelsgoodman
<airlygrey> #feelsgoodman
Nov 24 10:37:39 <sturles> Nope, a pump&dump almost always end in a higher level than when it begun.
Nov 24 10:37:39 <sturles> Nope, a pump&dump almost always end in a higher level than when it begun.
Nov 24 10:38:05 Nov 24 10:38:05 <sturles> People who bought high think it is a temporary dip, and are reluctant to sell.
<sturles> People who bought high think it is a temporary dip, and are reluctant to sell.
Nov 24 10:38:05 Nov 24 10:38:05 <dw1> k
<dw1> k
Nov 24 10:38:19 <sturles> I don't think I have seen any pump&dump end on the starting level.
Nov 24 10:38:19 <sturles> I don't think I have seen any pump&dump end on the starting level.
Nov 24 10:38:20 Nov 24 10:38:20 <dw1> projection 1900-3000
<dw1> projection 1900-3000
Nov 24 10:38:30 Nov 24 10:38:30 <airlygrey> target 4200
<airlygrey> target 4200
Nov 24 10:38:42 Nov 24 10:38:42 <dw1> https://i.imgur.com/bP3vZT2.jpg hehe
<dw1> https://i.imgur.com/bP3vZT2.jpg hehe
Nov 24 10:39:00 Nov 24 10:39:00 <airlygrey> 7000 by may
<airlygrey> 7000 by may
Nov 24 10:39:31 <sturles> 0.5 by January. ;-) (When Coinbase gives people access to their BCH.)
Nov 24 10:39:31 <sturles> 0.5 by January. ;-) (When Coinbase gives people access to their BCH.)
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Nov 24 10:39:48 <dw1> this would be insane https://www.reddit.com/r/CryptoCurrency/comments/7f43o9/lets_talk_about_operation_dragonslayer/
Nov 24 10:39:48 <dw1> this would be insane https://www.reddit.com/r/CryptoCurrency/comments/7f43o9/lets_talk_about_operation_dragonslayer/
Nov 24 10:41:00 Nov 24 10:41:00 <dw1> the dragon is vulnerable
<dw1> the dragon is vulnerable
Nov 24 10:41:12 Nov 24 10:41:12 <Siegfried> lol
<Siegfried> lol
Nov 24 10:41:18 Nov 24 10:41:18 <dw1> ( ͡ᵔ ͜ʖ ͡ᵔ)
<dw1> ( ͡ᵔ ͜ʖ ͡ᵔ)
Nov 24 10:41:26 Nov 24 10:41:26 <Siegfried> does it take 2 weeks to change diffuculty?
<Siegfried> does it take 2 weeks to change diffuculty?
Nov 24 10:41:29 Nov 24 10:41:29 <dw1> yup
<dw1> yup
Nov 24 10:42:18 Nov 24 10:42:18 <Siegfried> wouldnt slay the dragon imho :D
<Siegfried> wouldnt slay the dragon imho :D
Nov 24 10:42:31 <dw1> why do you think they're so scared and trolling here and elsewhere
Nov 24 10:42:31 <dw1> why do you think they're so scared and trolling here and elsewhere
Nov 24 10:42:33 <dw1> hehe
Nov 24 10:42:33 <dw1> hehe
Nov 24 10:42:50 Nov 24 10:42:50 <dw1> yeah, once fees rise the miners would likely go back for profits
<dw1> yeah, once fees rise the miners would likely go back for profits
Nov 24 10:43:19 Nov 24 10:43:19 <Siegfried> i think a lot people will not sell and this will revive the BTC?
<Siegfried> i think a lot people will not sell and this will revive the BTC?
Nov 24 10:43:32 Nov 24 10:43:32 <dw1> they might want to sell but wouldnt be able to lol
<dw1> they might want to sell but wouldnt be able to lol
Nov 24 10:43:38 Nov 24 10:43:38 <dw1> same as last time
<dw1> same as last time
Nov 24 10:43:40 Nov 24 10:43:40 <Siegfried> it would be a good opurtunity to join the speculatius? :D
<Siegfried> it would be a good opurtunity to join the speculatius? :D
Nov 24 10:45:43 <dw1> "Bitcoins not going to die in a lifetime as long as I'm here with my node."
Nov 24 10:45:43 <dw1> "Bitcoins not going to die in a lifetime as long as I'm here with my node."
Nov 24 10:45:50 Nov 24 10:45:50 <dw1> what happens when his toaster runs out of RAM because of large mempool? :P
<dw1> what happens when his toaster runs out of RAM because of large mempool? :P
Nov 24 10:46:26 Nov 24 10:46:26 <dw1> lulz
<dw1> lulz
Nov 24 10:46:54 Nov 24 10:46:54 <fishbone> what do bch/btc calculate
<fishbone> what do bch/btc calculate
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Nov 24 10:47:33 Nov 24 10:47:33 <Siegfried> SHA2(SHA2(BLOCK_HEADER))?
<Siegfried> SHA2(SHA2(BLOCK_HEADER))?
Nov 24 10:47:34 Nov 24 10:47:34 <fishbone> what is the reward goal
<fishbone> what is the reward goal
Nov 24 10:48:14 Nov 24 10:48:14 <fishbone> that's just a hash
<fishbone> that's just a hash
Nov 24 10:48:20 Nov 24 10:48:20 <fishbone> what about the results and the reward
<fishbone> what about the results and the reward
Nov 24 10:48:41 <fishbone> or block_header has the results
Nov 24 10:48:41 <fishbone> or block_header has the results
Nov 24 10:48:47 <Siegfried> you have to change the block header such that the hash starts witch <dificulity> 0s
Nov 24 10:48:47 <Siegfried> you have to change the block header such that the hash starts witch <dificulity> 0s
Nov 24 10:49:29 Nov 24 10:49:29 <Siegfried> the reward is a transaction to yourself with the current reward per block?
<Siegfried> the reward is a transaction to yourself with the current reward per block?
Nov 24 10:50:43 <dw1> https://bitcoin.stackexchange.com/questions/8031/what-are-bitcoin-miners-really-solving
Nov 24 10:50:43 <dw1> https://bitcoin.stackexchange.com/questions/8031/what-are-bitcoin-miners-really-solving
Nov 24 10:50:46 Nov 24 10:50:46 <Siegfried> :D
<Siegfried> :D
Nov 24 10:50:52 Nov 24 10:50:52 <Siegfried> good we had that yesterday ^^
<Siegfried> good we had that yesterday ^^
Nov 24 10:52:37 Nov 24 10:52:37 <RastaFarEye> They're playin' cold music on the barroom floor.... Drowned in their lulz and dead to the core. There's a dragon (s den) with matches that's loose on the town ; take a whole pail of water, just to cool him down.
<RastaFarEye> They're playin' cold music on the barroom floor.... Drowned in their lulz and dead to the core. There's a dragon (s den) with matches that's loose on the town ; take a whole pail of water, just to cool him down.
Nov 24 10:55:08 Nov 24 10:55:08 <dw1> https://twitter.com/Rongarvin99/status/934012227077660673
<dw1> https://twitter.com/Rongarvin99/status/934012227077660673
Nov 24 10:55:55 Nov 24 10:55:55 <dw1> cool gif
<dw1> cool gif
Nov 24 10:58:11 Nov 24 10:58:11 <fishbone> so the hunt is for leading zeros
<fishbone> so the hunt is for leading zeros
Nov 24 10:58:18 Nov 24 10:58:18 <fishbone> thought it was other things
<fishbone> thought it was other things
Nov 24 11:00:36 Nov 24 11:00:36 <fishbone> how can difficulty be set if it's hash leading zeros set
<fishbone> how can difficulty be set if it's hash leading zeros set
Nov 24 11:00:42 Nov 24 11:00:42 <fishbone> searching for evne more zero or
<fishbone> searching for evne more zero or
Nov 24 11:01:05 Nov 24 11:01:05 <Siegfried> i guess
<Siegfried> i guess
Nov 24 11:01:53 <RastaFarEye> Listening for the secret, searching for the sound -- but I can only hear the preachers, and the bayin of their hounds.
Nov 24 11:01:53 <RastaFarEye> Listening for the secret, searching for the sound -- but I can only hear the preachers, and the bayin of their hounds.
Nov 24 11:02:14 Nov 24 11:02:14 <Siegfried> but it must not be zeros only, basically you can interpret a hash as integer number
<Siegfried> but it must not be zeros only, basically you can interpret a hash as integer number
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Nov 24 11:16:47 <AlienTrooper> https://i.redd.it/hlla60phkxzz.gif
Nov 24 11:16:47 <AlienTrooper> https://i.redd.it/hlla60phkxzz.gif
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Nov 24 11:41:54 Nov 24 11:41:54 <dw1> lol
<dw1> lol
Nov 24 11:42:40 Nov 24 11:42:40 <dw1> hodl that crazy fork
<dw1> hodl that crazy fork
Nov 24 11:42:47 Nov 24 11:42:47 <dw1> http://www.trustnodes.com/2017/11/21/blockstream-issue-fiat-currency-using-blockchain-tech-raises-25-million
<dw1> http://www.trustnodes.com/2017/11/21/blockstream-issue-fiat-currency-using-blockchain-tech-raises-25-million
Nov 24 11:43:01 Nov 24 11:43:01 <dw1> segwitcoin + patents ftw
<dw1> segwitcoin + patents ftw
Nov 24 11:44:06 Nov 24 11:44:06 <dw1> bigmoneycoin
<dw1> bigmoneycoin
Nov 24 11:44:33 Nov 24 11:44:33 <AlienTrooper> https://en.swissquote.com/online-trading/markets-and-products/products/bitcoin-certificate
<AlienTrooper> https://en.swissquote.com/online-trading/markets-and-products/products/bitcoin-certificate
Nov 24 11:45:12 Nov 24 11:45:12 <dw1> down with banksters
<dw1> down with banksters
Nov 24 11:46:05 Nov 24 11:46:05 <dw1> https://pbs.twimg.com/media/DPYaFJcV4AIeeDq.jpg
<dw1> https://pbs.twimg.com/media/DPYaFJcV4AIeeDq.jpg
Nov 24 11:46:10 Nov 24 11:46:10 <dw1> better buy the dip
<dw1> better buy the dip
Nov 24 11:48:24 <dw1> https://pbs.twimg.com/media/DO3IhXiXUAYZg_f.jpg
Nov 24 11:48:24 <dw1> https://pbs.twimg.com/media/DO3IhXiXUAYZg_f.jpg
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Nov 24 12:05:04 Nov 24 12:05:04 <Siegfried> what is a "certificate"?
<Siegfried> what is a "certificate"?
Nov 24 12:06:22 Nov 24 12:06:22 <Siegfried> its a derivative?
<Siegfried> its a derivative?
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Nov 24 13:05:46 Nov 24 13:05:46 <lte-13[m]> https://i.imgur.com/tPcCUly.gifv Me when I'm trying to exchange fiat to BCH and I'm forced to use BTC and my transaction gets stuck in mempool
<lte-13[m]> https://i.imgur.com/tPcCUly.gifv Me when I'm trying to exchange fiat to BCH and I'm forced to use BTC and my transaction gets stuck in mempool
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Nov 24 13:18:12 Nov 24 13:18:12 <dw1> :[
<dw1> :[
Nov 24 13:18:56 <dw1> love my exchange that does BCH, BTC, ETH and LTC to CAD
Nov 24 13:18:56 <dw1> love my exchange that does BCH, BTC, ETH and LTC to CAD
Nov 24 13:19:00 <dw1> and vice versa
Nov 24 13:19:00 <dw1> and vice versa
Nov 24 13:23:35 Nov 24 13:23:35 <Dummbatz> bitstamp does bch soon
<Dummbatz> bitstamp does bch soon
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Nov 24 14:18:06 <Psychiatrist> Any chance BCH hitting >$3k this weekend?
Nov 24 14:18:06 <Psychiatrist> Any chance BCH hitting >$3k this weekend?
Nov 24 14:21:06 Nov 24 14:21:06 <javi404> Psychiatrist: where is a good place to check price?
<javi404> Psychiatrist: where is a good place to check price?
Nov 24 14:21:12 Nov 24 14:21:12 <javi404> or trade/buy/exchange?
<javi404> or trade/buy/exchange?
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Nov 24 14:37:42 Nov 24 14:37:42 <dw1> tradingview.com, any local exchange
<dw1> tradingview.com, any local exchange
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Nov 24 15:07:50 Nov 24 15:07:50 <lte-13[m]> https://jochen-hoenicke.de/queue/#24h
<lte-13[m]> https://jochen-hoenicke.de/queue/#24h
Nov 24 15:07:55 Nov 24 15:07:55 <lte-13[m]> Just unbelievable
<lte-13[m]> Just unbelievable
Nov 24 15:08:14 Nov 24 15:08:14 <lte-13[m]> Can anyone actually give me some facts that could, um, convince me over to using BTC?
<lte-13[m]> Can anyone actually give me some facts that could, um, convince me over to using BTC?
Nov 24 15:08:29 <lte-13[m]> That vs BCH
Nov 24 15:08:29 <lte-13[m]> That vs BCH
Nov 24 15:08:29 Nov 24 15:08:29 <lte-13[m]> https://jochen-hoenicke.de/queue/cash/#24h
<lte-13[m]> https://jochen-hoenicke.de/queue/cash/#24h
Nov 24 15:08:43 Nov 24 15:08:43 <lte-13[m]> Unbeliavble that people let bitcoin get to this
<lte-13[m]> Unbeliavble that people let bitcoin get to this
Nov 24 15:08:47 Nov 24 15:08:47 <lte-13[m]> Just... Wow
<lte-13[m]> Just... Wow
Nov 24 15:09:14 Nov 24 15:09:14 <lte-13[m]> Transaction speed and fees are just ridicilious
<lte-13[m]> Transaction speed and fees are just ridicilious
Nov 24 15:10:07 Nov 24 15:10:07 <dw1> yeah
<dw1> yeah
Nov 24 15:10:42 Nov 24 15:10:42 <BamesJond> idk mate
<BamesJond> idk mate
Nov 24 15:10:44 Nov 24 15:10:44 <dw1> BTC difficulty just adjusted. 1364422081125 to 1347001430558.
<dw1> BTC difficulty just adjusted. 1364422081125 to 1347001430558.
Nov 24 15:10:54 Nov 24 15:10:54 <dw1> which means BCH took all the new hashpower and more
<dw1> which means BCH took all the new hashpower and more
Nov 24 15:10:55 Nov 24 15:10:55 <BamesJond> I just sent $3800 USD worth of coins and paid around $3 fees confirmed in 12 minutes
<BamesJond> I just sent $3800 USD worth of coins and paid around $3 fees confirmed in 12 minutes
Nov 24 15:10:56 Nov 24 15:10:56 <BamesJond> :|
<BamesJond> :|
Nov 24 15:11:05 <lte-13[m]> https://cryptothis.com/diff/
Nov 24 15:11:05 <lte-13[m]> https://cryptothis.com/diff/
Nov 24 15:11:06 <lte-13[m]> -44%
Nov 24 15:11:06 <lte-13[m]> -44%
Nov 24 15:11:07 <lte-13[m]> Operation Dragonslayer, commencing
Nov 24 15:11:07 <lte-13[m]> Operation Dragonslayer, commencing
Nov 24 15:11:16 Nov 24 15:11:16 <BamesJond> dw1 not true, sometimes the "hashpower" is from mining companies "testing" before shipping
<BamesJond> dw1 not true, sometimes the "hashpower" is from mining companies "testing" before shipping
Nov 24 15:11:24 Nov 24 15:11:24 <BamesJond> if you look at the shipment dates of hardware it's also easier to corellate
<BamesJond> if you look at the shipment dates of hardware it's also easier to corellate
Nov 24 15:11:31 Nov 24 15:11:31 <BamesJond> unless the exact hashpower went from X to Z
<BamesJond> unless the exact hashpower went from X to Z
Nov 24 15:11:50 <lte-13[m]> Bmaesjond : On bch?
Nov 24 15:11:50 <lte-13[m]> Bmaesjond : On bch?
Nov 24 15:12:03 Nov 24 15:12:03 <BamesJond> ahh no
<BamesJond> ahh no
Nov 24 15:12:13 Nov 24 15:12:13 <BamesJond> sorry LOL, too many "bitcoinXXX" channels open
<BamesJond> sorry LOL, too many "bitcoinXXX" channels open
Nov 24 15:12:22 Nov 24 15:12:22 <lte-13[m]> haha
<lte-13[m]> haha
Nov 24 15:12:36 Nov 24 15:12:36 <lte-13[m]> Well, I belive you
<lte-13[m]> Well, I belive you
Nov 24 15:12:42 <lte-13[m]> But if you look at the stats lol
Nov 24 15:12:42 <lte-13[m]> But if you look at the stats lol
Nov 24 15:12:51 <lte-13[m]> ITs inevitable BCH will win
Nov 24 15:12:51 <lte-13[m]> ITs inevitable BCH will win
Nov 24 15:12:54 Nov 24 15:12:54 <lte-13[m]> Its better
<lte-13[m]> Its better
Nov 24 15:12:59 Nov 24 15:12:59 <lte-13[m]> SegWit might be good in the future, whatever
<lte-13[m]> SegWit might be good in the future, whatever
Nov 24 15:13:08 Nov 24 15:13:08 <lte-13[m]> Right now it is simply the best. SO its just a waiting game really
<lte-13[m]> Right now it is simply the best. SO its just a waiting game really
Nov 24 15:13:18 Nov 24 15:13:18 <BamesJond> it may be,i just figure anything with bitcoin in the name degrades a project from succession
<BamesJond> it may be,i just figure anything with bitcoin in the name degrades a project from succession
Nov 24 15:13:19 <dw1> https://fork.lol/pow/hashrate is showing a modest 15% hashpower on BCH
Nov 24 15:13:19 <dw1> https://fork.lol/pow/hashrate is showing a modest 15% hashpower on BCH
Nov 24 15:13:28 Nov 24 15:13:28 <BamesJond> because the infrastructure is too large for a simple shift
<BamesJond> because the infrastructure is too large for a simple shift
Nov 24 15:13:30 Nov 24 15:13:30 <lte-13[m]> But noone CAN NOT DENY BTC has high fees and high mempool
<lte-13[m]> But noone CAN NOT DENY BTC has high fees and high mempool
Nov 24 15:13:37 <dw1> yeah why did segwitcoin call itself bitcoin anyway
Nov 24 15:13:37 <dw1> yeah why did segwitcoin call itself bitcoin anyway
Nov 24 15:13:40 Nov 24 15:13:40 <dw1> assholes
<dw1> assholes
Nov 24 15:13:41 Nov 24 15:13:41 <BamesJond> you can't deny it, but you can also set your fee
<BamesJond> you can't deny it, but you can also set your fee
Nov 24 15:13:48 Nov 24 15:13:48 <lte-13[m]> Because theyre banksters
<lte-13[m]> Because theyre banksters
Nov 24 15:13:50 Nov 24 15:13:50 <dw1> ( ͡ᵔ ͜ʖ ͡ᵔ)
<dw1> ( ͡ᵔ ͜ʖ ͡ᵔ)
Nov 24 15:13:56 Nov 24 15:13:56 <BamesJond> and since bitcoin is the original and legacy the problem is they suffer many forms of attacks
<BamesJond> and since bitcoin is the original and legacy the problem is they suffer many forms of attacks
Nov 24 15:13:56 Nov 24 15:13:56 <lte-13[m]> They manipulated the whole thing
<lte-13[m]> They manipulated the whole thing
Nov 24 15:14:01 <lte-13[m]> Fuck them all
Nov 24 15:14:01 <lte-13[m]> Fuck them all
Nov 24 15:14:10 Nov 24 15:14:10 <dw1> get your patented sidechains and bigmoneycoin
<dw1> get your patented sidechains and bigmoneycoin
Nov 24 15:14:13 Nov 24 15:14:13 <lte-13[m]> Lukedashjr, greg maxwell
<lte-13[m]> Lukedashjr, greg maxwell
Nov 24 15:14:23 Nov 24 15:14:23 <BamesJond> look at what we gotten too :/ bitcoin gold , bitcoin diamond, bitcoin red, bitcoin this bitcoin that
<BamesJond> look at what we gotten too :/ bitcoin gold , bitcoin diamond, bitcoin red, bitcoin this bitcoin that
Nov 24 15:14:29 <dw1> by the people for the people no more
Nov 24 15:14:29 <dw1> by the people for the people no more
Nov 24 15:14:32 Nov 24 15:14:32 <lte-13[m]> All that crap to discredit bch
<lte-13[m]> All that crap to discredit bch
Nov 24 15:14:34 Nov 24 15:14:34 <lte-13[m]> for sure
<lte-13[m]> for sure
Nov 24 15:15:01 Nov 24 15:15:01 <lte-13[m]> wtf BTC difficulty is halved???
<lte-13[m]> wtf BTC difficulty is halved???
Nov 24 15:15:10 Nov 24 15:15:10 <dw1> nah
<dw1> nah
Nov 24 15:15:20 Nov 24 15:15:20 <dw1> https://blockchair.com/bitcoin/blocks
<dw1> https://blockchair.com/bitcoin/blocks
Nov 24 15:15:20 Nov 24 15:15:20 <BamesJond> real question here
<BamesJond> real question here
Nov 24 15:15:22 <dw1> then click Difficulty
Nov 24 15:15:22 <dw1> then click Difficulty
Nov 24 15:15:24 Nov 24 15:15:24 <lte-13[m]> https://cryptothis.com/diff/
<lte-13[m]> https://cryptothis.com/diff/
Nov 24 15:15:34 Nov 24 15:15:34 <dw1> i think that site might be inaccurate due to not being many blocks mined yet
<dw1> i think that site might be inaccurate due to not being many blocks mined yet
Nov 24 15:15:37 Nov 24 15:15:37 <dw1> not sure
<dw1> not sure
Nov 24 15:15:39 Nov 24 15:15:39 <BamesJond> would you guys rather see a new project with possibility or a bunch of people arguing to change a current project to how they see fit?
<BamesJond> would you guys rather see a new project with possibility or a bunch of people arguing to change a current project to how they see fit?
Nov 24 15:16:03 Nov 24 15:16:03 <lte-13[m]> What do you mean?
<lte-13[m]> What do you mean?
Nov 24 15:16:12 Nov 24 15:16:12 <lte-13[m]> Fucking greg maxwell hijacked bitcoin early
<lte-13[m]> Fucking greg maxwell hijacked bitcoin early
Nov 24 15:16:22 <BamesJond> mean what i said :P would you rather see a new project that has possibilities, or see groups of people arguing to change the current project
Nov 24 15:16:22 <BamesJond> mean what i said :P would you rather see a new project that has possibilities, or see groups of people arguing to change the current project
Nov 24 15:16:25 Nov 24 15:16:25 <BamesJond> referring to forks and clones
<BamesJond> referring to forks and clones
Nov 24 15:16:26 Nov 24 15:16:26 <dw1> all they had to do was raise blocks to handle demand while they worked on sidechains
<dw1> all they had to do was raise blocks to handle demand while they worked on sidechains
Nov 24 15:16:29 Nov 24 15:16:29 <lte-13[m]> He and rest of blockstream stunted the scaling for 4 fucking yearssss
<lte-13[m]> He and rest of blockstream stunted the scaling for 4 fucking yearssss
Nov 24 15:16:31 <dw1> and BCH would never have exitsed
Nov 24 15:16:31 <dw1> and BCH would never have exitsed
Nov 24 15:16:42 Nov 24 15:16:42 <dw1> like adam first mentioned in 2015
<dw1> like adam first mentioned in 2015
Nov 24 15:16:43 Nov 24 15:16:43 <BamesJond> thats my point, but what happens if BCH has a shift and BCH-gold is launched
<BamesJond> thats my point, but what happens if BCH has a shift and BCH-gold is launched
Nov 24 15:16:45 Nov 24 15:16:45 <BamesJond> to "fix the problems"
<BamesJond> to "fix the problems"
Nov 24 15:16:50 Nov 24 15:16:50 <BamesJond> you follow me?
<BamesJond> you follow me?
Nov 24 15:16:55 Nov 24 15:16:55 <dw1> > https://twitter.com/adam3us/status/636410827969421312
<dw1> > https://twitter.com/adam3us/status/636410827969421312
Nov 24 15:17:11 Nov 24 15:17:11 <dw1> after that they jumped on segwit which has 10% adoption - inadequate to relieve capacity issues
<dw1> after that they jumped on segwit which has 10% adoption - inadequate to relieve capacity issues
Nov 24 15:17:15 Nov 24 15:17:15 <dw1> fail :{
<dw1> fail :{
Nov 24 15:17:19 Nov 24 15:17:19 <lte-13[m]> :)
<lte-13[m]> :)
Nov 24 15:17:29 Nov 24 15:17:29 <lte-13[m]> Well he got paid alot I can imagine
<lte-13[m]> Well he got paid alot I can imagine
Nov 24 15:17:35 Nov 24 15:17:35 <dw1> yea theyve got 80M now
<dw1> yea theyve got 80M now
Nov 24 15:17:39 Nov 24 15:17:39 <lte-13[m]> Hope he got enough to cover the downpayment on the satellite
<lte-13[m]> Hope he got enough to cover the downpayment on the satellite
Nov 24 15:18:39 <lte-13[m]> Seriously. THat site says -54%
Nov 24 15:18:39 <lte-13[m]> Seriously. THat site says -54%
Nov 24 15:18:41 Nov 24 15:18:41 <dw1> "aiming for balance. 8MB is somewhat validated number. want > than 2 years, room to see how decentralisation, lightning etc work."
<dw1> "aiming for balance. 8MB is somewhat validated number. want > than 2 years, room to see how decentralisation, lightning etc work."
Nov 24 15:18:50 <dw1> slept on that good idea
Nov 24 15:18:50 <dw1> slept on that good idea
Nov 24 15:19:04 <dw1> yeah maybe not enough blocks to calculate properly
Nov 24 15:19:04 <dw1> yeah maybe not enough blocks to calculate properly
Nov 24 15:19:06 Nov 24 15:19:06 <dw1> idk
<dw1> idk
Nov 24 15:19:23 Nov 24 15:19:23 <dw1> blockchair shows the difficulty
<dw1> blockchair shows the difficulty
Nov 24 15:19:38 Nov 24 15:19:38 <dw1> 1364422081125 to 1347001430558
<dw1> 1364422081125 to 1347001430558
Nov 24 15:19:42 Nov 24 15:19:42 <dw1> went down a couple $
<dw1> went down a couple $
Nov 24 15:19:43 Nov 24 15:19:43 <dw1> %
<dw1> %
Nov 24 15:19:54 Nov 24 15:19:54 <BamesJond> yeah 1.x%
<BamesJond> yeah 1.x%
Nov 24 15:20:21 Nov 24 15:20:21 <dw1> segwit was a pretty major fork, so it's understandable some weren't interested
<dw1> segwit was a pretty major fork, so it's understandable some weren't interested
Nov 24 15:21:02 Nov 24 15:21:02 <BamesJond> the sha256 infrastructure is a risk
<BamesJond> the sha256 infrastructure is a risk
Nov 24 15:21:16 Nov 24 15:21:16 <BamesJond> inevitable for the "large players" and "corporate greed" to take over
<BamesJond> inevitable for the "large players" and "corporate greed" to take over
Nov 24 15:21:29 Nov 24 15:21:29 <dw1> miners arent that expensive
<dw1> miners arent that expensive
Nov 24 15:21:31 <BamesJond> look at who manufactures the hardware that establishes net hash and what else they're involved in
Nov 24 15:21:31 <BamesJond> look at who manufactures the hardware that establishes net hash and what else they're involved in
Nov 24 15:21:43 Nov 24 15:21:43 <dw1> there's a couple new competitors coming out
<dw1> there's a couple new competitors coming out
Nov 24 15:21:45 Nov 24 15:21:45 <BamesJond> If you're referring to buying 1 $2000 miner sure it's not expensive
<BamesJond> If you're referring to buying 1 $2000 miner sure it's not expensive
Nov 24 15:21:52 <BamesJond> however you're not a fraction of a 0.0001% of the market
Nov 24 15:21:52 <BamesJond> however you're not a fraction of a 0.0001% of the market
Nov 24 15:22:09 <BamesJond> So unless you're spending $100million or $10million in these miners that aren't expensive you're a drip of water in the ocean
Nov 24 15:22:09 <BamesJond> So unless you're spending $100million or $10million in these miners that aren't expensive you're a drip of water in the ocean
Nov 24 15:22:35 Nov 24 15:22:35 <BamesJond> a $1million investment might be great for a few months, but you won't ride the difficulty waves in long term, the network has been to saturated
<BamesJond> a $1million investment might be great for a few months, but you won't ride the difficulty waves in long term, the network has been to saturated
Nov 24 15:22:47 Nov 24 15:22:47 <dw1> 10nm miners coming http://miner.ebang.com.cn/
<dw1> 10nm miners coming http://miner.ebang.com.cn/
Nov 24 15:22:49 Nov 24 15:22:49 <BamesJond> 5% difficulty increase on 1 billion is so much more than 1 million, same with trillion
<BamesJond> 5% difficulty increase on 1 billion is so much more than 1 million, same with trillion
Nov 24 15:23:01 Nov 24 15:23:01 <BamesJond> sure, improvements in integrated circuits is great but i am trying to say
<BamesJond> sure, improvements in integrated circuits is great but i am trying to say
Nov 24 15:23:08 Nov 24 15:23:08 <BamesJond> the people who can make an impact on sha256 are not you and i
<BamesJond> the people who can make an impact on sha256 are not you and i
Nov 24 15:23:19 Nov 24 15:23:19 <BamesJond> so the infrastructure is built around giants that do not share your interest
<BamesJond> so the infrastructure is built around giants that do not share your interest
Nov 24 15:23:31 Nov 24 15:23:31 <dw1> so you prefer GPU mining
<dw1> so you prefer GPU mining
Nov 24 15:23:37 Nov 24 15:23:37 <dw1> it all still centralizes into pools
<dw1> it all still centralizes into pools
Nov 24 15:23:51 Nov 24 15:23:51 <BamesJond> honestly my preference has nothing to do with the substance of my point
<BamesJond> honestly my preference has nothing to do with the substance of my point
Nov 24 15:23:53 Nov 24 15:23:53 <BamesJond> :P
<BamesJond> :P
Nov 24 15:24:07 <BamesJond> the point is, look at who can get involved in mining, who is involved, who manufactures, and their interests
Nov 24 15:24:07 <BamesJond> the point is, look at who can get involved in mining, who is involved, who manufactures, and their interests
Nov 24 15:24:15 Nov 24 15:24:15 <dw1> i heard it said in the gold rush the ones who got the richest were the ones making mining equipment
<dw1> i heard it said in the gold rush the ones who got the richest were the ones making mining equipment
Nov 24 15:24:22 Nov 24 15:24:22 <BamesJond> indeed
<BamesJond> indeed
Nov 24 15:24:35 Nov 24 15:24:35 <BamesJond> especially when they increase the difficulty and earn their profit before ever shipping you a machine
<BamesJond> especially when they increase the difficulty and earn their profit before ever shipping you a machine
Nov 24 15:25:07 Nov 24 15:25:07 <BamesJond> and what you said holds true, the problems with centralized pool mining will always suck
<BamesJond> and what you said holds true, the problems with centralized pool mining will always suck
Nov 24 15:25:18 Nov 24 15:25:18 <BamesJond> people don't mine on their own nodes now because they can't afford to
<BamesJond> people don't mine on their own nodes now because they can't afford to
Nov 24 15:25:27 <dw1> lots of high demand markets have preorders
Nov 24 15:25:27 <dw1> lots of high demand markets have preorders
Nov 24 15:25:37 Nov 24 15:25:37 <BamesJond> preorders are also the biggest scams
<BamesJond> preorders are also the biggest scams
Nov 24 15:25:39 Nov 24 15:25:39 <BamesJond> look at video games
<BamesJond> look at video games
Nov 24 15:25:42 Nov 24 15:25:42 <dw1> it takes a lot to mine a block.. a house can't really do it
<dw1> it takes a lot to mine a block.. a house can't really do it
Nov 24 15:25:50 <dw1> so yea
Nov 24 15:25:50 <dw1> so yea
Nov 24 15:26:09 Nov 24 15:26:09 <lte-13[m]> https://blockchain.info/unconfirmed-transactions
<lte-13[m]> https://blockchain.info/unconfirmed-transactions
Nov 24 15:26:16 Nov 24 15:26:16 <BamesJond> as long as their is enough big pools to divide the centralization its feasible, no one expects 10,000 pools anymore but at least 100 would be nice
<BamesJond> as long as their is enough big pools to divide the centralization its feasible, no one expects 10,000 pools anymore but at least 100 would be nice
Nov 24 15:26:27 Nov 24 15:26:27 <BamesJond> i hate seeing 10 pools where 1 holds more hash than 3 and the other 2 are struggling to find a block
<BamesJond> i hate seeing 10 pools where 1 holds more hash than 3 and the other 2 are struggling to find a block
Nov 24 15:26:49 Nov 24 15:26:49 <dw1> pretty busy today lte-13[m]
<dw1> pretty busy today lte-13[m]
Nov 24 15:27:01 Nov 24 15:27:01 <dw1> more and more people coming on every day
<dw1> more and more people coming on every day
Nov 24 15:27:03 Nov 24 15:27:03 <dw1> not good
<dw1> not good
Nov 24 15:27:17 Nov 24 15:27:17 <BamesJond> i would just love to see more support towards other currencies, i feel the people at the top are manipulating us too much
<BamesJond> i would just love to see more support towards other currencies, i feel the people at the top are manipulating us too much
Nov 24 15:27:25 Nov 24 15:27:25 <BamesJond> outside of ACTUAL source code, we don't know the ulterior motives
<BamesJond> outside of ACTUAL source code, we don't know the ulterior motives
Nov 24 15:27:27 Nov 24 15:27:27 <dw1> ETH is probably the best
<dw1> ETH is probably the best
Nov 24 15:27:31 Nov 24 15:27:31 <BamesJond> eth is so broken though
<BamesJond> eth is so broken though
Nov 24 15:27:36 Nov 24 15:27:36 <lte-13[m]> Its because of difficulty thing
<lte-13[m]> Its because of difficulty thing
Nov 24 15:27:36 Nov 24 15:27:36 <dw1> super fast and cheap
<dw1> super fast and cheap
Nov 24 15:27:38 Nov 24 15:27:38 <lte-13[m]> It is rising
<lte-13[m]> It is rising
Nov 24 15:27:42 <lte-13[m]> Miners area leaving
Nov 24 15:27:42 <lte-13[m]> Miners area leaving
Nov 24 15:27:44 Nov 24 15:27:44 <BamesJond> ethereum is GREAT, but the underlying problems are clear problem
<BamesJond> ethereum is GREAT, but the underlying problems are clear problem
Nov 24 15:27:56 Nov 24 15:27:56 <dw1> difficulty only changes every 2016 blocks lte-13[m]
<dw1> difficulty only changes every 2016 blocks lte-13[m]
Nov 24 15:27:58 Nov 24 15:27:58 <dw1> on BTC
<dw1> on BTC
Nov 24 15:28:18 Nov 24 15:28:18 <dw1> but yea BTC isn't competitive with its adjustment
<dw1> but yea BTC isn't competitive with its adjustment
Nov 24 15:28:22 <dw1> it wasnt built for competition
Nov 24 15:28:22 <dw1> it wasnt built for competition
Nov 24 15:28:29 <dw1> they need that fork yesterday
Nov 24 15:28:29 <dw1> they need that fork yesterday
Nov 24 15:29:03 Nov 24 15:29:03 <dw1> ETH has a giant blockchain, right
<dw1> ETH has a giant blockchain, right
Nov 24 15:29:06 Nov 24 15:29:06 <dw1> is that the issue
<dw1> is that the issue
Nov 24 15:29:17 Nov 24 15:29:17 <lte-13[m]> Jesus.... its flooding
<lte-13[m]> Jesus.... its flooding
Nov 24 15:29:25 <dw1> yeah...
Nov 24 15:29:25 <dw1> yeah...
Nov 24 15:29:35 Nov 24 15:29:35 <dw1> could be real spam this time
<dw1> could be real spam this time
Nov 24 15:29:39 <dw1> not just mining competition
Nov 24 15:29:39 <dw1> not just mining competition
Nov 24 15:29:44 Nov 24 15:29:44 <dw1> or just exponential growth
<dw1> or just exponential growth
Nov 24 15:31:00 Nov 24 15:31:00 <dw1> https://live.blockcypher.com/btc/
<dw1> https://live.blockcypher.com/btc/
Nov 24 15:31:02 Nov 24 15:31:02 <dw1> 30 min bloc..
<dw1> 30 min bloc..
Nov 24 15:31:06 Nov 24 15:31:06 <dw1> 20 min block..
<dw1> 20 min block..
Nov 24 15:31:42 Nov 24 15:31:42 <dw1> they still have 83% of hashpower tho
<dw1> they still have 83% of hashpower tho
Nov 24 15:31:45 Nov 24 15:31:45 <dw1> so not draognslayer
<dw1> so not draognslayer
Nov 24 15:31:59 Nov 24 15:31:59 <lte-13[m]> Haha
<lte-13[m]> Haha
Nov 24 15:33:11 <lte-13[m]> Jesus
Nov 24 15:33:11 <lte-13[m]> Jesus
Nov 24 15:33:14 Nov 24 15:33:14 <dw1> BCH can handle ~38,000 every 10 mins
<dw1> BCH can handle ~38,000 every 10 mins
Nov 24 15:33:24 Nov 24 15:33:24 <lte-13[m]> If retarget is this...? nex retarget
<lte-13[m]> If retarget is this...? nex retarget
Nov 24 15:33:27 <dw1> one 8MB block has that many
Nov 24 15:33:27 <dw1> one 8MB block has that many
Nov 24 15:33:35 Nov 24 15:33:35 <lte-13[m]> It will have high difficiluty and slower transaction
<lte-13[m]> It will have high difficiluty and slower transaction
Nov 24 15:33:38 Nov 24 15:33:38 <lte-13[m]> BTC is messed up
<lte-13[m]> BTC is messed up
Nov 24 15:33:48 Nov 24 15:33:48 <BamesJond> i asked earlier but no one answered
<BamesJond> i asked earlier but no one answered
Nov 24 15:33:51 <dw1> https://blockchair.com/bitcoin-cash/block/479469
Nov 24 15:33:51 <dw1> https://blockchair.com/bitcoin-cash/block/479469
Nov 24 15:33:58 Nov 24 15:33:58 <dw1> 37,814
<dw1> 37,814
Nov 24 15:33:58 <BamesJond> would you guys have rather had piggy backs off bitcoinAnything
Nov 24 15:33:58 <BamesJond> would you guys have rather had piggy backs off bitcoinAnything
Nov 24 15:34:06 Nov 24 15:34:06 <BamesJond> or seen a project branch into an individual thing
<BamesJond> or seen a project branch into an individual thing
Nov 24 15:34:16 Nov 24 15:34:16 <BamesJond> ie: bitcoin cash with ANY other name including bitcoin
<BamesJond> ie: bitcoin cash with ANY other name including bitcoin
Nov 24 15:34:25 Nov 24 15:34:25 <dw1> whatever works
<dw1> whatever works
Nov 24 15:34:27 Nov 24 15:34:27 <BamesJond> BitCash CatCash anything
<BamesJond> BitCash CatCash anything
Nov 24 15:34:40 Nov 24 15:34:40 <dw1> whatever has subcent fees
<dw1> whatever has subcent fees
Nov 24 15:34:47 Nov 24 15:34:47 <BamesJond> fair enough
<BamesJond> fair enough
Nov 24 15:35:02 Nov 24 15:35:02 <BamesJond> im just sick and tired of manipulation and the ignorant masses on twitter/forums arguing abuot things when they've never read a page of source
<BamesJond> im just sick and tired of manipulation and the ignorant masses on twitter/forums arguing abuot things when they've never read a page of source
Nov 24 15:35:03 <dw1> im not attached to a brand
Nov 24 15:35:03 <dw1> im not attached to a brand
Nov 24 15:35:06 Nov 24 15:35:06 <BamesJond> just like bitcoin gold scam
<BamesJond> just like bitcoin gold scam
Nov 24 15:35:19 Nov 24 15:35:19 <BamesJond> where theres clear issues and the mass ignore while a few people argue on github/forum
<BamesJond> where theres clear issues and the mass ignore while a few people argue on github/forum
Nov 24 15:35:33 Nov 24 15:35:33 <BamesJond> dw1 a lot arent like you, especially on reddit *cringe*
<BamesJond> dw1 a lot arent like you, especially on reddit *cringe*
Nov 24 15:35:39 <BamesJond> it's like you can't talk to one party without them hating the other
Nov 24 15:35:39 <BamesJond> it's like you can't talk to one party without them hating the other
Nov 24 15:35:41 Nov 24 15:35:41 <dw1> yea ive seen the drama
<dw1> yea ive seen the drama
Nov 24 15:35:58 <GST1200> how is btg is a scam .. market cap is above 6billion.. just for my info..
Nov 24 15:35:58 <GST1200> how is btg is a scam .. market cap is above 6billion.. just for my info..
Nov 24 15:36:13 Nov 24 15:36:13 <BamesJond> market cap
<BamesJond> market cap
Nov 24 15:36:16 Nov 24 15:36:16 <dw1> premining, bad code & devfees
<dw1> premining, bad code & devfees
Nov 24 15:36:17 Nov 24 15:36:17 <BamesJond> we talk about crypto like its stocks
<BamesJond> we talk about crypto like its stocks
Nov 24 15:36:18 Nov 24 15:36:18 <BamesJond> ;P
<BamesJond> ;P
Nov 24 15:36:20 Nov 24 15:36:20 <dw1> i dont like BTG
<dw1> i dont like BTG
Nov 24 15:36:21 Nov 24 15:36:21 <sturles> B MB every 10 minutes is 420 GB every year. May work for a couple of years before BCH becomes useless. Need second layer payments and incentives to reduce UTXO set (like segwit).
<sturles> B MB every 10 minutes is 420 GB every year. May work for a couple of years before BCH becomes useless. Need second layer payments and incentives to reduce UTXO set (like segwit).
Nov 24 15:36:26 Nov 24 15:36:26 <BamesJond> hidden devfees, clear lie about replay protection
<BamesJond> hidden devfees, clear lie about replay protection
Nov 24 15:36:27 Nov 24 15:36:27 <sturles> s/B/8/
<sturles> s/B/8/
Nov 24 15:36:39 Nov 24 15:36:39 <BamesJond> you cant advertise replay protection and argue with coders to do your job because you're willing to pay a bounty
<BamesJond> you cant advertise replay protection and argue with coders to do your job because you're willing to pay a bounty
Nov 24 15:36:40 Nov 24 15:36:40 <GST1200> ok got your point
<GST1200> ok got your point
Nov 24 15:36:44 <BamesJond> that's basically a liar+scammer
Nov 24 15:36:44 <BamesJond> that's basically a liar+scammer
Nov 24 15:36:52 Nov 24 15:36:52 <BamesJond> can't trust someone who lies about X because they lie about Z
<BamesJond> can't trust someone who lies about X because they lie about Z
Nov 24 15:37:17 Nov 24 15:37:17 <dw1> you know you can buy 12 TB hard drives right sturles
<dw1> you know you can buy 12 TB hard drives right sturles
Nov 24 15:37:32 Nov 24 15:37:32 <GST1200> BamesJond: i got your point
<GST1200> BamesJond: i got your point
Nov 24 15:37:34 Nov 24 15:37:34 <GST1200> makes sense
<GST1200> makes sense
Nov 24 15:37:42 <sturles> Yes, and I am sure you know that isn't even part of the problem.
Nov 24 15:37:42 <sturles> Yes, and I am sure you know that isn't even part of the problem.
Nov 24 15:37:54 Nov 24 15:37:54 <BamesJond> i have nothing against free crypto due to replay protection, i'm just bitter about the 100+ coins with "BITCOIN" in their name
<BamesJond> i have nothing against free crypto due to replay protection, i'm just bitter about the 100+ coins with "BITCOIN" in their name
Nov 24 15:38:21 Nov 24 15:38:21 <GST1200> lol that makes their marketing easy
<GST1200> lol that makes their marketing easy
Nov 24 15:38:31 Nov 24 15:38:31 <GST1200> and selling easy
<GST1200> and selling easy
Nov 24 15:38:32 Nov 24 15:38:32 <BamesJond> exactly, also the root of the problem
<BamesJond> exactly, also the root of the problem
Nov 24 15:38:41 Nov 24 15:38:41 <GST1200> yup ppl get cheated on that
<GST1200> yup ppl get cheated on that
Nov 24 15:39:20 Nov 24 15:39:20 <dw1> it's not a trademark
<dw1> it's not a trademark
Nov 24 15:39:42 Nov 24 15:39:42 <GST1200> hasn't it become one dw1
<GST1200> hasn't it become one dw1
Nov 24 15:39:44 Nov 24 15:39:44 <BamesJond> yeah but i bet you wouldnt make a cell phone called Bapple with the apple bitten on the other side flipped upside down ;)
<BamesJond> yeah but i bet you wouldnt make a cell phone called Bapple with the apple bitten on the other side flipped upside down ;)
Nov 24 15:39:57 <dw1> apple is a trademark tho
Nov 24 15:39:57 <dw1> apple is a trademark tho
Nov 24 15:40:07 Nov 24 15:40:07 <BamesJond> and if you manipulate it enough you can sideskirt the trademark rights
<BamesJond> and if you manipulate it enough you can sideskirt the trademark rights
Nov 24 15:40:17 Nov 24 15:40:17 <dw1> yea like Starfucks
<dw1> yea like Starfucks
Nov 24 15:40:21 Nov 24 15:40:21 <GST1200> lol
<GST1200> lol
Nov 24 15:40:21 Nov 24 15:40:21 <BamesJond> :D\
<BamesJond> :D\
Nov 24 15:40:23 Nov 24 15:40:23 <dw1> :D
<dw1> :D
Nov 24 15:40:25 <BamesJond> starfucks i like that
Nov 24 15:40:25 <BamesJond> starfucks i like that
Nov 24 15:40:31 Nov 24 15:40:31 <BamesJond> because essentially Starbucks is Starfucking you anyway
<BamesJond> because essentially Starbucks is Starfucking you anyway
Nov 24 15:40:40 Nov 24 15:40:40 <BamesJond> sell at 10% cheaper win/win
<BamesJond> sell at 10% cheaper win/win
Nov 24 15:40:41 Nov 24 15:40:41 <dw1> http://media.theindependent.sg/wp-content/uploads/2015/03/Starfucks.jpg
<dw1> http://media.theindependent.sg/wp-content/uploads/2015/03/Starfucks.jpg
Nov 24 15:41:02 <dw1> so maybe some would :P
Nov 24 15:41:02 <dw1> so maybe some would :P
Nov 24 15:42:35 Nov 24 15:42:35 <dw1> not everyone was into segwit
<dw1> not everyone was into segwit
Nov 24 15:42:40 <dw1> it was the fork - roger has a point :P
Nov 24 15:42:40 <dw1> it was the fork - roger has a point :P
Nov 24 15:43:24 Nov 24 15:43:24 <dw1> who decides
<dw1> who decides
Nov 24 15:44:09 Nov 24 15:44:09 <BamesJond> my problem is
<BamesJond> my problem is
Nov 24 15:44:13 Nov 24 15:44:13 <BamesJond> even if "everyone" decides
<BamesJond> even if "everyone" decides
Nov 24 15:44:22 Nov 24 15:44:22 <BamesJond> the infrastructure that dictates hashpower can overpower your decision
<BamesJond> the infrastructure that dictates hashpower can overpower your decision
Nov 24 15:44:36 <dw1> that's the nature of the beast yeah
Nov 24 15:44:36 <dw1> that's the nature of the beast yeah
Nov 24 15:44:38 Nov 24 15:44:38 <BamesJond> that's part of the problem i was mentioning earlier, look at who owns the hardware and where the hashpower is
<BamesJond> that's part of the problem i was mentioning earlier, look at who owns the hardware and where the hashpower is
Nov 24 15:44:42 Nov 24 15:44:42 <BamesJond> sha256 is failed for the future
<BamesJond> sha256 is failed for the future
Nov 24 15:44:48 Nov 24 15:44:48 <BamesJond> we can't grow, they can grow
<BamesJond> we can't grow, they can grow
Nov 24 15:45:03 Nov 24 15:45:03 <dw1> a lot of independent miners could choose a new pool though
<dw1> a lot of independent miners could choose a new pool though
Nov 24 15:45:11 Nov 24 15:45:11 <BamesJond> if we shift focus and dont rely on ASIC hardware, if they can continue to increase the value of the infrastructure so be it, but we can make another $10k coin
<BamesJond> if we shift focus and dont rely on ASIC hardware, if they can continue to increase the value of the infrastructure so be it, but we can make another $10k coin
Nov 24 15:45:18 Nov 24 15:45:18 <BamesJond> thats still the problem
<BamesJond> thats still the problem
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Nov 24 15:45:28 Nov 24 15:45:28 <BamesJond> 1 mining operation might be the equivelent of 8% individual miners of the world
<BamesJond> 1 mining operation might be the equivelent of 8% individual miners of the world
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Nov 24 15:45:53 Nov 24 15:45:53 <dw1> dont GPUs have the same problem
<dw1> dont GPUs have the same problem
Nov 24 15:45:55 Nov 24 15:45:55 <BamesJond> it's either you were mining from the beginning and continued to invest money until it was super lucrative or you have to sell
<BamesJond> it's either you were mining from the beginning and continued to invest money until it was super lucrative or you have to sell
Nov 24 15:45:55 Nov 24 15:45:55 <dw1> rich people buy more GPUs
<dw1> rich people buy more GPUs
Nov 24 15:45:57 Nov 24 15:45:57 <BamesJond> yes|no
<BamesJond> yes|no
Nov 24 15:46:04 Nov 24 15:46:04 <BamesJond> rich people can only buy the amount of GPU's available
<BamesJond> rich people can only buy the amount of GPU's available
Nov 24 15:46:12 Nov 24 15:46:12 <BamesJond> if a company produces 100,000 gpus, they are divided to states/stores/chains
<BamesJond> if a company produces 100,000 gpus, they are divided to states/stores/chains
Nov 24 15:46:21 Nov 24 15:46:21 <BamesJond> rich person has the same access i do unless he buys from a re-distributor and gets a bit more
<BamesJond> rich person has the same access i do unless he buys from a re-distributor and gets a bit more
Nov 24 15:46:30 Nov 24 15:46:30 <BamesJond> it's a different type of problem though
<BamesJond> it's a different type of problem though
Nov 24 15:46:45 Nov 24 15:46:45 <dw1> there's only a few suppliers of GPUs too
<dw1> there's only a few suppliers of GPUs too
Nov 24 15:47:13 Nov 24 15:47:13 <BamesJond> the only shift is when graphics manufacturers evolve newer architectures that are highly efficient
<BamesJond> the only shift is when graphics manufacturers evolve newer architectures that are highly efficient
Nov 24 15:47:30 Nov 24 15:47:30 <BamesJond> today you have 20mh 150w, next year you have 30mh 90w
<BamesJond> today you have 20mh 150w, next year you have 30mh 90w
Nov 24 15:47:39 Nov 24 15:47:39 <BamesJond> that rich guy is in same boat of a .10% rich guy
<BamesJond> that rich guy is in same boat of a .10% rich guy
Nov 24 15:48:20 <dw1> GPU manufacturers have been around longer is all
Nov 24 15:48:20 <dw1> GPU manufacturers have been around longer is all
Nov 24 15:49:02 Nov 24 15:49:02 <dw1> more ASIC competition is coming
<dw1> more ASIC competition is coming
Nov 24 15:49:04 Nov 24 15:49:04 <dw1> ¯\_(ツ)_/¯
<dw1> ¯\_(ツ)_/¯
Nov 24 15:49:40 <dw1> cant go back
Nov 24 15:49:40 <dw1> cant go back
Nov 24 15:49:42 Nov 24 15:49:42 <BamesJond> asic competition isnt competition
<BamesJond> asic competition isnt competition
Nov 24 15:49:50 Nov 24 15:49:50 <BamesJond> it's just another company getting in on the cash grab :P
<BamesJond> it's just another company getting in on the cash grab :P
Nov 24 15:49:59 <BamesJond> graphics manufactures have to battle research and development to improve
Nov 24 15:49:59 <BamesJond> graphics manufactures have to battle research and development to improve
Nov 24 15:50:20 Nov 24 15:50:20 <BamesJond> sha256 is the equivalent of buying a calculator that does multiplication, it doesnt matter what calculator you have as long as it can multiply
<BamesJond> sha256 is the equivalent of buying a calculator that does multiplication, it doesnt matter what calculator you have as long as it can multiply
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Nov 24 18:34:44 Nov 24 18:34:44 <wxss> .help
<wxss> .help
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Nov 25 00:01:58 Nov 25 00:01:58 <jak_> so, if you know that increase block size, result in vanish little player in bitcoin, and result in centralized, why support it? because it is no other way to scale or other reasons?
<jak_> so, if you know that increase block size, result in vanish little player in bitcoin, and result in centralized, why support it? because it is no other way to scale or other reasons?
Nov 25 00:04:46 Nov 25 00:04:46 <jak_> ???????????
<jak_> ???????????
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Nov 25 01:33:16 <dw1> hard drives and bandwidth are cheap, what are you worried about jakjaki
Nov 25 01:33:16 <dw1> hard drives and bandwidth are cheap, what are you worried about jakjaki
Nov 25 01:33:24 Nov 25 01:33:24 <dw1> https://en.bitcoin.it/wiki/Full_node#Network_services
<dw1> https://en.bitcoin.it/wiki/Full_node#Network_services
Nov 25 01:33:34 Nov 25 01:33:34 <dw1> "if there is ever a shortage, lots of archival nodes can be easily created by cheaply renting VPS or AWS space"
<dw1> "if there is ever a shortage, lots of archival nodes can be easily created by cheaply renting VPS or AWS space"
Nov 25 01:34:14 Nov 25 01:34:14 <jakjaki> processing need to process such block size?
<jakjaki> processing need to process such block size?
Nov 25 01:34:20 Nov 25 01:34:20 <satoshidust> Mining has been an area of big players for a while now. It doesn't matter how big mining companies get if they have competition.
<satoshidust> Mining has been an area of big players for a while now. It doesn't matter how big mining companies get if they have competition.
Nov 25 01:34:25 <satoshidust> this is from satoshi: http://satoshi.nakamotoinstitute.org/posts/bitcointalk/287/
Nov 25 01:34:25 <satoshidust> this is from satoshi: http://satoshi.nakamotoinstitute.org/posts/bitcointalk/287/
Nov 25 01:34:28 Nov 25 01:34:28 <jakjaki> cloud maybe get censor
<jakjaki> cloud maybe get censor
Nov 25 01:34:52 Nov 25 01:34:52 <dw1> put a server in a datacenter then
<dw1> put a server in a datacenter then
Nov 25 01:34:59 <dw1> there are millions
Nov 25 01:34:59 <dw1> there are millions
Nov 25 01:35:33 Nov 25 01:35:33 <dw1> or just run one at home
<dw1> or just run one at home
Nov 25 01:35:36 <jakjaki> no problem in processing power need
Nov 25 01:35:36 <jakjaki> no problem in processing power need
Nov 25 01:36:51 Nov 25 01:36:51 <satoshidust> Everything core says about 'centralization' from increasing blocks by 1mb is all bs; no matter how good lightning network is, there is still not enough room in the legacy chain to open and close lightning channels for a reasonable fee at all
<satoshidust> Everything core says about 'centralization' from increasing blocks by 1mb is all bs; no matter how good lightning network is, there is still not enough room in the legacy chain to open and close lightning channels for a reasonable fee at all
Nov 25 01:38:06 <satoshidust> Ethereum is processing more transactions than all other blockchains combined now, and they do it with 30 second blocks; they will have something called the raiden network (similar to lightning network) live well before core
Nov 25 01:38:06 <satoshidust> Ethereum is processing more transactions than all other blockchains combined now, and they do it with 30 second blocks; they will have something called the raiden network (similar to lightning network) live well before core
Nov 25 01:38:54 Nov 25 01:38:54 <dw1> apparently visa handles 150M tx per day
<dw1> apparently visa handles 150M tx per day
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Nov 25 01:39:10 Nov 25 01:39:10 <dw1> full 8MB blocks is ~63/s
<dw1> full 8MB blocks is ~63/s
Nov 25 01:39:16 <dw1> 54M/day
Nov 25 01:39:16 <dw1> 54M/day
Nov 25 01:39:30 <dw1> 420GB/yr
Nov 25 01:39:30 <dw1> 420GB/yr
Nov 25 01:40:15 Nov 25 01:40:15 <jakjaki> satoshidust i cannot understand you, you defend lightning network with 1 meg size o you defend bch
<jakjaki> satoshidust i cannot understand you, you defend lightning network with 1 meg size o you defend bch
Nov 25 01:41:33 Nov 25 01:41:33 <jakjaki> how much now bch take time to process a tx and verify it in network and what is the fee?
<jakjaki> how much now bch take time to process a tx and verify it in network and what is the fee?
Nov 25 01:41:37 <satoshidust> I mean that even when the lightning network finally releases, it will still be too expensive to open and close lightning channels on the btc blockchain. Bitcoin cash gives enough space in the blockchain to make the lightning network actually useable
Nov 25 01:41:37 <satoshidust> I mean that even when the lightning network finally releases, it will still be too expensive to open and close lightning channels on the btc blockchain. Bitcoin cash gives enough space in the blockchain to make the lightning network actually useable
Nov 25 01:41:55 Nov 25 01:41:55 <dw1> blocks aren't full so you can set any fee and it will be mined
<dw1> blocks aren't full so you can set any fee and it will be mined
Nov 25 01:42:00 Nov 25 01:42:00 <dw1> .1 cents
<dw1> .1 cents
Nov 25 01:42:22 Nov 25 01:42:22 <dw1> block time target is 10mins like BTC
<dw1> block time target is 10mins like BTC
Nov 25 01:42:32 Nov 25 01:42:32 <satoshidust> all of my transactions have been for 1satoshi/byte, the lowest possible other than 0
<satoshidust> all of my transactions have been for 1satoshi/byte, the lowest possible other than 0
Nov 25 01:42:56 Nov 25 01:42:56 <dw1> so say 225 bytes
<dw1> so say 225 bytes
Nov 25 01:43:25 Nov 25 01:43:25 <dw1> 0.0036
<dw1> 0.0036
Nov 25 01:43:27 Nov 25 01:43:27 <dw1> $
<dw1> $
Nov 25 01:45:44 Nov 25 01:45:44 <jakjaki> yes, i know it in my head also, soo you say, after 8 meg, we dont increase, and use lightning!? why btc not allow increase to 2 meg and canceled 2x?
<jakjaki> yes, i know it in my head also, soo you say, after 8 meg, we dont increase, and use lightning!? why btc not allow increase to 2 meg and canceled 2x?
Nov 25 01:45:44 Nov 25 01:45:44 <dw1> can't wallets set fixed fees not per byte? :/
<dw1> can't wallets set fixed fees not per byte? :/
Nov 25 01:46:11 Nov 25 01:46:11 <dw1> 'cause they're obsessed with cramming everything into 1MB
<dw1> 'cause they're obsessed with cramming everything into 1MB
Nov 25 01:46:13 Nov 25 01:46:13 <jakjaki> no one answer me processing power need to process increased size block?
<jakjaki> no one answer me processing power need to process increased size block?
Nov 25 01:46:18 Nov 25 01:46:18 <dw1> to develop a 'fee market'
<dw1> to develop a 'fee market'
Nov 25 01:46:39 Nov 25 01:46:39 <dw1> and run nodes on toasters
<dw1> and run nodes on toasters
Nov 25 01:47:07 Nov 25 01:47:07 <dw1> but it's not really enough for current demand.. mempool always has 20-40k now
<dw1> but it's not really enough for current demand.. mempool always has 20-40k now
Nov 25 01:47:34 Nov 25 01:47:34 <satoshidust> jakjaki, 8mb is the soft limit; it can be increased to 32mb without a hard fork; there have also been successful tests of 1gb blocks
<satoshidust> jakjaki, 8mb is the soft limit; it can be increased to 32mb without a hard fork; there have also been successful tests of 1gb blocks
Nov 25 01:47:59 <dw1> by my calc 32MB will surpass Visa
Nov 25 01:47:59 <dw1> by my calc 32MB will surpass Visa
Nov 25 01:48:08 Nov 25 01:48:08 <dw1> 216M/day
<dw1> 216M/day
Nov 25 01:48:23 Nov 25 01:48:23 <satoshidust> I don't know what the increase in processing power required for larger blocks is; it seems that bitcoin cash nodes run fine on normal modern computers, maybe raspberry pis have a more difficult time?
<satoshidust> I don't know what the increase in processing power required for larger blocks is; it seems that bitcoin cash nodes run fine on normal modern computers, maybe raspberry pis have a more difficult time?
Nov 25 01:48:49 Nov 25 01:48:49 <satoshidust> think it's 21.6M/day dw1
<satoshidust> think it's 21.6M/day dw1
Nov 25 01:49:04 Nov 25 01:49:04 <satoshidust> still a ton of transactions
<satoshidust> still a ton of transactions
Nov 25 01:49:26 Nov 25 01:49:26 <dw1> 37,800tx per 8mb block = 63/s https://blockchair.com/bitcoin-cash/block/479469
<dw1> 37,800tx per 8mb block = 63/s https://blockchair.com/bitcoin-cash/block/479469
Nov 25 01:49:29 Nov 25 01:49:29 <dw1> 86400 s/day
<dw1> 86400 s/day
Nov 25 01:49:51 Nov 25 01:49:51 <dw1> oh yeah
<dw1> oh yeah
Nov 25 01:49:54 <dw1> i added a zero
Nov 25 01:49:54 <dw1> i added a zero
Nov 25 01:50:04 <dw1> 5.4M
Nov 25 01:50:04 <dw1> 5.4M
Nov 25 01:50:10 Nov 25 01:50:10 <jakjaki> i see a video in youtube that someone attack increase block size, and tell to mine such increased size, need a huge processing fee and then really centralize the mining to some maybe not good strong miners
<jakjaki> i see a video in youtube that someone attack increase block size, and tell to mine such increased size, need a huge processing fee and then really centralize the mining to some maybe not good strong miners
Nov 25 01:50:59 Nov 25 01:50:59 <jakjaki> so hurt the community the privacy and the freedom goal of btc that cannot be manipulated by some
<jakjaki> so hurt the community the privacy and the freedom goal of btc that cannot be manipulated by some
Nov 25 01:51:40 Nov 25 01:51:40 <dw1> as long as there's a couple dozen/hundred mining pools i think it should be ok
<dw1> as long as there's a couple dozen/hundred mining pools i think it should be ok
Nov 25 01:52:04 <satoshidust> What causes the most dangerous centralization is the expensive fees on btc network that the majority of the world cannot afford; fees that could become higher than buying an expensive desktop to use as a node that could process gigabyte blocks
Nov 25 01:52:04 <satoshidust> What causes the most dangerous centralization is the expensive fees on btc network that the majority of the world cannot afford; fees that could become higher than buying an expensive desktop to use as a node that could process gigabyte blocks
Nov 25 01:52:25 <dw1> and third parties monetizing sidechains
Nov 25 01:52:25 <dw1> and third parties monetizing sidechains
Nov 25 01:52:33 Nov 25 01:52:33 <dw1> could be bad
<dw1> could be bad
Nov 25 01:52:51 <satoshidust> jakjaki read https://www.reddit.com/r/btc/ it has the truth you seek
Nov 25 01:52:51 <satoshidust> jakjaki read https://www.reddit.com/r/btc/ it has the truth you seek
Nov 25 01:53:33 Nov 25 01:53:33 <jakjaki> thank you mans, but really it hurt to see such problem in bitcoin that we have hope on it
<jakjaki> thank you mans, but really it hurt to see such problem in bitcoin that we have hope on it
Nov 25 01:53:42 Nov 25 01:53:42 <dw1> what if blockstream goes rogue and starts enforcing its sidechain patent :S
<dw1> what if blockstream goes rogue and starts enforcing its sidechain patent :S
Nov 25 01:53:46 <dw1> hmm
Nov 25 01:53:46 <dw1> hmm
Nov 25 01:53:55 <jakjaki> do you know a way i could easily purchase bch high amount from IRAN
Nov 25 01:53:55 <jakjaki> do you know a way i could easily purchase bch high amount from IRAN
Nov 25 01:53:56 Nov 25 01:53:56 <satoshidust> dw1: yes exactly, third party controlled massive payment hubs would be awful for decentralization
<satoshidust> dw1: yes exactly, third party controlled massive payment hubs would be awful for decentralization
Nov 25 01:54:34 Nov 25 01:54:34 <dw1> https://www.google.com/patents/US20160330034
<dw1> https://www.google.com/patents/US20160330034
Nov 25 01:54:47 Nov 25 01:54:47 <dw1> or is it still just an application
<dw1> or is it still just an application
Nov 25 01:55:39 Nov 25 01:55:39 <satoshidust> idk about buying in iran, do you have any exchanges? maybe check ##econometrics
<satoshidust> idk about buying in iran, do you have any exchanges? maybe check ##econometrics
Nov 25 01:57:27 <jakjaki> some xchange just do btc and then should try to change to bch, but fee and time and ... , iran get sanction from usa and cannot use directly bank with site such coinbase bitterex and ...
Nov 25 01:57:27 <jakjaki> some xchange just do btc and then should try to change to bch, but fee and time and ... , iran get sanction from usa and cannot use directly bank with site such coinbase bitterex and ...
Nov 25 01:58:04 Nov 25 01:58:04 <dw1> yea
<dw1> yea
Nov 25 01:58:30 Nov 25 01:58:30 <dw1> maybe could mail a bank draft somewhere
<dw1> maybe could mail a bank draft somewhere
Nov 25 01:58:32 Nov 25 01:58:32 <dw1> like china
<dw1> like china
Nov 25 01:58:33 Nov 25 01:58:33 <dw1> eheh
<dw1> eheh
Nov 25 01:58:49 <dw1> bitfinex
Nov 25 01:58:49 <dw1> bitfinex
Nov 25 01:59:03 Nov 25 01:59:03 <jakjaki> satoshidust do you know why bch price in going high in nowdays? these are real people or inst or exchange? i read they come more from korea exchange!
<jakjaki> satoshidust do you know why bch price in going high in nowdays? these are real people or inst or exchange? i read they come more from korea exchange!
Nov 25 01:59:41 <satoshidust> half of the volume in bch is often from bitthumb in korea, which also has chinese customers
Nov 25 01:59:41 <satoshidust> half of the volume in bch is often from bitthumb in korea, which also has chinese customers
Nov 25 01:59:54 <dw1> https://i.imgur.com/p1Ax30L.jpg
Nov 25 01:59:54 <dw1> https://i.imgur.com/p1Ax30L.jpg
Nov 25 01:59:58 <dw1> guess not done application yet
Nov 25 01:59:58 <dw1> guess not done application yet
Nov 25 02:01:40 Nov 25 02:01:40 <dw1> jakjaki: https://coinmarketcap.com/currencies/bitcoin-cash/#markets
<dw1> jakjaki: https://coinmarketcap.com/currencies/bitcoin-cash/#markets
Nov 25 02:01:43 Nov 25 02:01:43 <jakjaki> so when do you think people come to bch? and i hear a news that bch will be btc in some months maybe may
<jakjaki> so when do you think people come to bch? and i hear a news that bch will be btc in some months maybe may
Nov 25 02:01:45 Nov 25 02:01:45 <dw1> that shows the markets volume
<dw1> that shows the markets volume
Nov 25 02:02:08 <jakjaki> thank you man
Nov 25 02:02:08 <jakjaki> thank you man
Nov 25 02:02:09 Nov 25 02:02:09 <dw1> it is very popular right now and becoming more popular since segwit2x failed
<dw1> it is very popular right now and becoming more popular since segwit2x failed
Nov 25 02:02:36 Nov 25 02:02:36 <dw1> and yeah south koreans are trading a lot
<dw1> and yeah south koreans are trading a lot
Nov 25 02:02:40 Nov 25 02:02:40 <dw1> maybe some chinese through them too
<dw1> maybe some chinese through them too
Nov 25 02:02:48 Nov 25 02:02:48 <satoshidust> yes, after segwit2x failed bitcoin cash is the only viable alternative with the full ledger history
<satoshidust> yes, after segwit2x failed bitcoin cash is the only viable alternative with the full ledger history
Nov 25 02:03:27 <satoshidust> not sure when people will all come, we are in the middle of a war that started years ago and is now beginning to culminate
Nov 25 02:03:27 <satoshidust> not sure when people will all come, we are in the middle of a war that started years ago and is now beginning to culminate
Nov 25 02:04:14 Nov 25 02:04:14 <satoshidust> there is far too much history to type out on irc ;p
<satoshidust> there is far too much history to type out on irc ;p
Nov 25 02:04:26 Nov 25 02:04:26 <dw1> lots of shit talk :p
<dw1> lots of shit talk :p
Nov 25 02:04:36 Nov 25 02:04:36 <jakjaki> i dont understand with such fee, who trade btc now and get its price high? and even if it get eventually go to 100 000 usd, as it has no back, and it has no power to be payment system, nobody after it to get it, and it eventually get to zero
<jakjaki> i dont understand with such fee, who trade btc now and get its price high? and even if it get eventually go to 100 000 usd, as it has no back, and it has no power to be payment system, nobody after it to get it, and it eventually get to zero
Nov 25 02:04:58 Nov 25 02:04:58 <jakjaki> maybe something happen to bch? or it will survive as a payment system with icreased size
<jakjaki> maybe something happen to bch? or it will survive as a payment system with icreased size
Nov 25 02:05:04 Nov 25 02:05:04 <dw1> some claim it's still useful for storage of value
<dw1> some claim it's still useful for storage of value
Nov 25 02:05:12 Nov 25 02:05:12 <satoshidust> jakjaki I think that also, which is why I like bch
<satoshidust> jakjaki I think that also, which is why I like bch
Nov 25 02:05:28 <dw1> and it is still useful for that because lots of liquidity
Nov 25 02:05:28 <dw1> and it is still useful for that because lots of liquidity
Nov 25 02:05:53 Nov 25 02:05:53 <dw1> but the dominance is decreasing
<dw1> but the dominance is decreasing
Nov 25 02:06:18 <satoshidust> btc has the largest ecosystem and we are in a big adoption by new user phase this year
Nov 25 02:06:18 <satoshidust> btc has the largest ecosystem and we are in a big adoption by new user phase this year
Nov 25 02:07:26 Nov 25 02:07:26 <dw1> people are looking for other options because of the fee market
<dw1> people are looking for other options because of the fee market
Nov 25 02:07:34 Nov 25 02:07:34 <dw1> blocks too small
<dw1> blocks too small
Nov 25 02:08:28 Nov 25 02:08:28 <jakjaki> maybe in near future it got a new way to update itself and run smoothly with such size! hehe
<jakjaki> maybe in near future it got a new way to update itself and run smoothly with such size! hehe
Nov 25 02:11:14 Nov 25 02:11:14 <dw1> they better hurry up because people are coming
<dw1> they better hurry up because people are coming
Nov 25 02:11:34 Nov 25 02:11:34 <dw1> already years late
<dw1> already years late
Nov 25 02:12:40 Nov 25 02:12:40 <dw1> segwit was supposed to help but it's only 10% adoption because soft fork
<dw1> segwit was supposed to help but it's only 10% adoption because soft fork
Nov 25 02:13:06 Nov 25 02:13:06 <jakjaki> really man i confused in with such fee who is trade that with such volume and why prediction on 10 to 12 000 till end of year! think of store of value like gold, encourage people?
<jakjaki> really man i confused in with such fee who is trade that with such volume and why prediction on 10 to 12 000 till end of year! think of store of value like gold, encourage people?
Nov 25 02:13:29 Nov 25 02:13:29 <dw1> that's all they can say now
<dw1> that's all they can say now
Nov 25 02:13:43 Nov 25 02:13:43 <dw1> or that wallet fee estimations are bad
<dw1> or that wallet fee estimations are bad
Nov 25 02:13:43 Nov 25 02:13:43 <dw1> and some are
<dw1> and some are
Nov 25 02:14:00 Nov 25 02:14:00 <dw1> but newbies dont know how to change fees
<dw1> but newbies dont know how to change fees
Nov 25 02:14:18 Nov 25 02:14:18 <jakjaki> do you have an idea if it good for storage, then what we can do with it? like gold, give it away and get something? can it be true for btc? some economic bachelor here!
<jakjaki> do you have an idea if it good for storage, then what we can do with it? like gold, give it away and get something? can it be true for btc? some economic bachelor here!
Nov 25 02:14:37 Nov 25 02:14:37 <satoshidust> dw1, a lot of wallets use same fee estimators from bitcoin core; they are awful developers
<satoshidust> dw1, a lot of wallets use same fee estimators from bitcoin core; they are awful developers
Nov 25 02:14:47 Nov 25 02:14:47 <dw1> it can be better thank banks in countries with bad inflation
<dw1> it can be better thank banks in countries with bad inflation
Nov 25 02:14:49 Nov 25 02:14:49 <dw1> than*
<dw1> than*
Nov 25 02:15:06 Nov 25 02:15:06 <dw1> but lots of other coins with cheaper fees
<dw1> but lots of other coins with cheaper fees
Nov 25 02:17:32 Nov 25 02:17:32 <jakjaki> is there any way to get confirmed tx like visa in sec? with lightning is it possible?
<jakjaki> is there any way to get confirmed tx like visa in sec? with lightning is it possible?
Nov 25 02:18:15 Nov 25 02:18:15 <Megumiin> satoshidust: you mean old bitcoin core
<Megumiin> satoshidust: you mean old bitcoin core
Nov 25 02:18:24 <Megumiin> new 0.15 fee estimation is much better
Nov 25 02:18:24 <Megumiin> new 0.15 fee estimation is much better
Nov 25 02:18:46 <satoshidust> Megumiin: I will take your word for it
Nov 25 02:18:46 <satoshidust> Megumiin: I will take your word for it
Nov 25 02:19:59 Nov 25 02:19:59 <dw1> jakjaki: if it existed yeah it should be faster
<dw1> jakjaki: if it existed yeah it should be faster
Nov 25 02:20:08 Nov 25 02:20:08 <dw1> jakjaki: ETH is 20-30s
<dw1> jakjaki: ETH is 20-30s
Nov 25 02:20:24 <dw1> and low fee
Nov 25 02:20:24 <dw1> and low fee
Nov 25 02:21:05 Nov 25 02:21:05 <dw1> oo, images https://www.dropbox.com/s/z9tdub8iikuizpc/US020160330034A120161110.pdf
<dw1> oo, images https://www.dropbox.com/s/z9tdub8iikuizpc/US020160330034A120161110.pdf
Nov 25 02:21:28 Nov 25 02:21:28 <jakjaki> so why not use eth tech in btc? what is problem?
<jakjaki> so why not use eth tech in btc? what is problem?
Nov 25 02:21:43 Nov 25 02:21:43 <dw1> they're a lot different
<dw1> they're a lot different
Nov 25 02:22:00 <dw1> but i did think about forking BTC to make a 30s coin heheh
Nov 25 02:22:00 <dw1> but i did think about forking BTC to make a 30s coin heheh
Nov 25 02:22:47 Nov 25 02:22:47 <dw1> https://etherscan.io/chart/blocksize
<dw1> https://etherscan.io/chart/blocksize
Nov 25 02:22:48 <dw1> tiny blocks :S
Nov 25 02:22:48 <dw1> tiny blocks :S
Nov 25 02:23:28 Nov 25 02:23:28 <dw1> vitalik is a smart cookie
<dw1> vitalik is a smart cookie
Nov 25 02:25:50 <jakjaki> what is problem with tiny size? and how ether have such fee with tiny size? i should really read tech book now, but interested two different thing with two same problem
Nov 25 02:25:50 <jakjaki> what is problem with tiny size? and how ether have such fee with tiny size? i should really read tech book now, but interested two different thing with two same problem
Nov 25 02:27:06 Nov 25 02:27:06 <dw1> tiny size has issues with orphans
<dw1> tiny size has issues with orphans
Nov 25 02:27:12 Nov 25 02:27:12 <dw1> 2 people finding the solution at the saem time
<dw1> 2 people finding the solution at the saem time
Nov 25 02:27:23 Nov 25 02:27:23 <dw1> and other things
<dw1> and other things
Nov 25 02:27:26 <dw1> idk
Nov 25 02:27:26 <dw1> idk
Nov 25 02:28:43 Nov 25 02:28:43 <Megumiin> jakjaki: go sync an eth node
<Megumiin> jakjaki: go sync an eth node
Nov 25 02:28:55 Nov 25 02:28:55 <Megumiin> get back to me in 4-5 months when you finish
<Megumiin> get back to me in 4-5 months when you finish
Nov 25 02:29:54 Nov 25 02:29:54 <jakjaki> what do you mena megumin?
<jakjaki> what do you mena megumin?
Nov 25 02:30:15 <Megumiin> https://anduck.net/bitcoincore_vs_geth_full_node_stats.png
Nov 25 02:30:15 <Megumiin> https://anduck.net/bitcoincore_vs_geth_full_node_stats.png
Nov 25 02:30:34 <Megumiin> Sync time for an eth node from scratch (using full validation) takes actual months
Nov 25 02:30:34 <Megumiin> Sync time for an eth node from scratch (using full validation) takes actual months
Nov 25 02:30:36 Nov 25 02:30:36 <Megumiin> on decent hardware
<Megumiin> on decent hardware
Nov 25 02:35:17 Nov 25 02:35:17 <dw1> https://ethereum.stackexchange.com/questions/30196/downloading-blockchain-different-node-syncing-problem
<dw1> https://ethereum.stackexchange.com/questions/30196/downloading-blockchain-different-node-syncing-problem
Nov 25 02:35:25 Nov 25 02:35:25 <dw1> "Switched to a SDD and it synced the full version in a couple of days"
<dw1> "Switched to a SDD and it synced the full version in a couple of days"
Nov 25 02:35:31 Nov 25 02:35:31 <dw1> hmm
<dw1> hmm
Nov 25 02:35:42 Nov 25 02:35:42 <Megumiin> using SPV/non-full validation
<Megumiin> using SPV/non-full validation
Nov 25 02:35:56 Nov 25 02:35:56 <Megumiin> You cant even sync an SPV node without an SSD as far as I know
<Megumiin> You cant even sync an SPV node without an SSD as far as I know
Nov 25 02:37:16 <dw1> yea --fast
Nov 25 02:37:16 <dw1> yea --fast
Nov 25 02:38:29 Nov 25 02:38:29 <jakjaki> and so what is problem with eth node?
<jakjaki> and so what is problem with eth node?
Nov 25 02:38:52 Nov 25 02:38:52 <dw1> eth is different, bigger
<dw1> eth is different, bigger
Nov 25 02:39:11 Nov 25 02:39:11 <dw1> more advanced programming is possible on the chain
<dw1> more advanced programming is possible on the chain
Nov 25 02:40:01 Nov 25 02:40:01 <dw1> nobody has tried smaller/faster bitcoin blocks yet
<dw1> nobody has tried smaller/faster bitcoin blocks yet
Nov 25 02:40:13 Nov 25 02:40:13 <dw1> we should do it and get rich
<dw1> we should do it and get rich
Nov 25 02:40:18 Nov 25 02:40:18 <Megumiin> litecoin?
<Megumiin> litecoin?
Nov 25 02:40:18 Nov 25 02:40:18 <dw1> ( ͡ᵔ ͜ʖ ͡ᵔ)
<dw1> ( ͡ᵔ ͜ʖ ͡ᵔ)
Nov 25 02:40:24 Nov 25 02:40:24 <Megumiin> the thousands of other alts?
<Megumiin> the thousands of other alts?
Nov 25 02:40:38 Nov 25 02:40:38 <dw1> i mean like 20s
<dw1> i mean like 20s
Nov 25 02:40:47 Nov 25 02:40:47 <Megumiin> because its dumb
<Megumiin> because its dumb
Nov 25 02:41:01 Nov 25 02:41:01 <Megumiin> its been done and orphan rates are too high
<Megumiin> its been done and orphan rates are too high
Nov 25 02:41:17 Nov 25 02:41:17 <dw1> also on ASIC
<dw1> also on ASIC
Nov 25 02:41:24 Nov 25 02:41:24 <Megumiin> high orphans results in wasted security
<Megumiin> high orphans results in wasted security
Nov 25 02:41:31 Nov 25 02:41:31 <Megumiin> asics cant switch work that fast
<Megumiin> asics cant switch work that fast
Nov 25 02:41:36 Nov 25 02:41:36 <Megumiin> they take 30-45 seconds
<Megumiin> they take 30-45 seconds
Nov 25 02:41:38 <satoshidust> he's talking about capitalizing on the current airdrop hype; if you had a bitcoin cheetah fork right now with 20s blocks it would get far more attention than deserved lol
Nov 25 02:41:38 <satoshidust> he's talking about capitalizing on the current airdrop hype; if you had a bitcoin cheetah fork right now with 20s blocks it would get far more attention than deserved lol
Nov 25 02:41:41 Nov 25 02:41:41 <Megumiin> at least current asics
<Megumiin> at least current asics
Nov 25 02:41:47 Nov 25 02:41:47 <dw1> :D
<dw1> :D
Nov 25 02:43:29 Nov 25 02:43:29 <dw1> https://blog.ethereum.org/2014/07/11/toward-a-12-second-block-time/
<dw1> https://blog.ethereum.org/2014/07/11/toward-a-12-second-block-time/
Nov 25 02:43:43 Nov 25 02:43:43 <dw1> think they got it down to 18 now
<dw1> think they got it down to 18 now
Nov 25 02:43:57 Nov 25 02:43:57 <dw1> 14s on whattomine :/
<dw1> 14s on whattomine :/
Nov 25 02:48:04 Nov 25 02:48:04 <dw1> i mine eth and get more stale shares since they dropped the block time
<dw1> i mine eth and get more stale shares since they dropped the block time
Nov 25 02:48:22 Nov 25 02:48:22 <dw1> only 3-4% though
<dw1> only 3-4% though
Nov 25 02:49:26 Nov 25 02:49:26 <dw1> sometimes as high as 7%
<dw1> sometimes as high as 7%
Nov 25 02:49:28 Nov 25 02:49:28 <dw1> actually
<dw1> actually
Nov 25 03:00:52 Nov 25 03:00:52 <jakjaki> what is orphan problem?
<jakjaki> what is orphan problem?
Nov 25 03:03:14 Nov 25 03:03:14 <BamesJond> what kind of gpu dw1?
<BamesJond> what kind of gpu dw1?
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Nov 25 03:27:54 Nov 25 03:27:54 <booyah> guis?
<booyah> guis?
Nov 25 03:27:57 Nov 25 03:27:57 <booyah> dragon slayer when?
<booyah> dragon slayer when?
Nov 25 03:28:07 Nov 25 03:28:07 <booyah> bcoz bitcoin is at ATH again
<booyah> bcoz bitcoin is at ATH again
Nov 25 03:29:22 Nov 25 03:29:22 <satoshidust> impressive for a weekend and holiday
<satoshidust> impressive for a weekend and holiday
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Nov 25 11:08:08 Nov 25 11:08:08 <dw1> ? bitcoin's at 1600 booyah
<dw1> ? bitcoin's at 1600 booyah
Nov 25 11:08:19 Nov 25 11:08:19 <dw1> oh segwit fork
<dw1> oh segwit fork
Nov 25 11:08:25 <dw1> yea it's doing well
Nov 25 11:08:25 <dw1> yea it's doing well
Nov 25 11:09:06 Nov 25 11:09:06 <dw1> they should have changed their name / addresses though
<dw1> they should have changed their name / addresses though
Nov 25 11:21:12 Nov 25 11:21:12 <dw1> https://www.tradingview.com/chart/BCHUSD/ncDRIbXl-BCHUSD-new-update/
<dw1> https://www.tradingview.com/chart/BCHUSD/ncDRIbXl-BCHUSD-new-update/
Nov 25 11:36:51 <moriarty> incredible :)
Nov 25 11:36:51 <moriarty> incredible :)
Nov 25 11:37:00 Nov 25 11:37:00 <moriarty> Jihan and Ver must be pumping it up
<moriarty> Jihan and Ver must be pumping it up
Nov 25 11:40:39 Nov 25 11:40:39 <dw1> yep, single-handedly
<dw1> yep, single-handedly
Nov 25 11:42:04 Nov 25 11:42:04 <dw1> https://coinmarketcap.com/currencies/bitcoin-cash/#markets
<dw1> https://coinmarketcap.com/currencies/bitcoin-cash/#markets
Nov 25 11:42:08 Nov 25 11:42:08 <dw1> they're on all the markets
<dw1> they're on all the markets
Nov 25 11:43:12 Nov 25 11:43:12 <moriarty> lol
<moriarty> lol
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Nov 25 12:23:44 Nov 25 12:23:44 <dw1> https://steemit.com/bitcoin/@haejin/bitcoin-cash-bch-update-wave-5-target-usd2-922-bch-btc-target-usd0-3168
<dw1> https://steemit.com/bitcoin/@haejin/bitcoin-cash-bch-update-wave-5-target-usd2-922-bch-btc-target-usd0-3168
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Nov 25 12:25:54 Nov 25 12:25:54 <fishbone> first time was 5 times more second time 9 times more what would be the third
<fishbone> first time was 5 times more second time 9 times more what would be the third
Nov 25 12:26:03 Nov 25 12:26:03 <fishbone> wont beat the second i bet
<fishbone> wont beat the second i bet
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Nov 25 13:13:13 Nov 25 13:13:13 <booyah> dw1: bitcoin did not forked by adding segwit
<booyah> dw1: bitcoin did not forked by adding segwit
Nov 25 13:13:18 <booyah> b;p
Nov 25 13:13:18 <booyah> b;p
Nov 25 13:13:31 Nov 25 13:13:31 <booyah> blocks are compatible with very acient miners
<booyah> blocks are compatible with very acient miners
Nov 25 13:14:09 Nov 25 13:14:09 <booyah> and even all hashpower agreed on the update, that they were informed about with like 2 year notice
<booyah> and even all hashpower agreed on the update, that they were informed about with like 2 year notice
Nov 25 13:15:17 Nov 25 13:15:17 <booyah> I think even 0.3 miners, from times of CPU minig and Satoshi himself, are ok with the new blocks on Bitcoin
<booyah> I think even 0.3 miners, from times of CPU minig and Satoshi himself, are ok with the new blocks on Bitcoin
Nov 25 13:15:33 Nov 25 13:15:33 <booyah> but they would NOT ACCEPT BLOCKS from BCH (DEA). So... :]
<booyah> but they would NOT ACCEPT BLOCKS from BCH (DEA). So... :]
Nov 25 13:15:40 Nov 25 13:15:40 <dw1> https://chainquery.com/img/tutorials/2/softfork.png
<dw1> https://chainquery.com/img/tutorials/2/softfork.png
Nov 25 13:15:43 Nov 25 13:15:43 <booyah> *EDA
<booyah> *EDA
Nov 25 13:17:12 <dw1> it did fundamentally change things, or plan to
Nov 25 13:17:12 <dw1> it did fundamentally change things, or plan to
Nov 25 13:18:03 Nov 25 13:18:03 <dw1> without full consensus
<dw1> without full consensus
Nov 25 13:18:07 Nov 25 13:18:07 <dw1> ergo BCH
<dw1> ergo BCH
Nov 25 13:19:58 Nov 25 13:19:58 <booyah> acient miners recognize current BTC (with p2sh upgrade few years back, and current segwit upgrade) but not with BCH .. so :)
<booyah> acient miners recognize current BTC (with p2sh upgrade few years back, and current segwit upgrade) but not with BCH .. so :)
Nov 25 13:20:15 Nov 25 13:20:15 <booyah> blocks
<booyah> blocks
Nov 25 13:20:27 Nov 25 13:20:27 <dw1> internal coup
<dw1> internal coup
Nov 25 13:20:42 Nov 25 13:20:42 <booyah> dw1: toast with butter
<booyah> dw1: toast with butter
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Nov 25 14:03:19 Nov 25 14:03:19 <wxss> clear
<wxss> clear
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Nov 25 14:13:34 <dw1> hard fork would have helped capacity more because people would actually use it
Nov 25 14:13:34 <dw1> hard fork would have helped capacity more because people would actually use it
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Nov 25 14:14:41 Nov 25 14:14:41 <dw1> although now core peeps seem to be saying segwit wont help fees or capacity :S
<dw1> although now core peeps seem to be saying segwit wont help fees or capacity :S
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Nov 25 14:18:34 Nov 25 14:18:34 <dw1> and also that God says you should give to the Core state https://i.redd.it/26jz09tfc0001.png
<dw1> and also that God says you should give to the Core state https://i.redd.it/26jz09tfc0001.png
Nov 25 14:18:36 Nov 25 14:18:36 <dw1> ( ͡ᵔ ͜ʖ ͡ᵔ)
<dw1> ( ͡ᵔ ͜ʖ ͡ᵔ)
Nov 25 14:19:44 <dw1> obliged consent ? :D
Nov 25 14:19:44 <dw1> obliged consent ? :D
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Nov 25 15:12:14 Nov 25 15:12:14 <satoshidust> booyah, what ancient miner with a non-negligible hashrate can't update their software within a few months exists?
<satoshidust> booyah, what ancient miner with a non-negligible hashrate can't update their software within a few months exists?
Nov 25 15:12:52 Nov 25 15:12:52 <satoshidust> weird ancient miner myth, this is bitcoin: a vulnerability could be hardfork fixed at any moment with an hours notice
<satoshidust> weird ancient miner myth, this is bitcoin: a vulnerability could be hardfork fixed at any moment with an hours notice
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Nov 25 17:54:50 Nov 25 17:54:50 <dw1> 23% hashrate.. yoink
<dw1> 23% hashrate.. yoink
Nov 25 18:02:26 Nov 25 18:02:26 <dw1> can take a bit more and still be more profitable to mine
<dw1> can take a bit more and still be more profitable to mine
Nov 25 18:04:44 <dw1> at least until the next horrible slowdown
Nov 25 18:04:44 <dw1> at least until the next horrible slowdown
Nov 25 18:05:25 Nov 25 18:05:25 <dw1> of BTC, when fees rise and mining profits are inflated
<dw1> of BTC, when fees rise and mining profits are inflated
Nov 25 18:06:11 Nov 25 18:06:11 <dw1> it's not a bug, it's a feature !
<dw1> it's not a bug, it's a feature !
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Nov 25 22:16:58 <taylorbyte> is there any differences between the clients bitcoin-abc and bitcoin-unlimited that i should be aware of? reddit is very hard to interpret with the amount of emotional noise from trolls, but i think i read something about bitcoin-unlimited trying to use segwit. is this why there are 2 symbols floating around on the internet BCC and BCH
Nov 25 22:16:58 <taylorbyte> is there any differences between the clients bitcoin-abc and bitcoin-unlimited that i should be aware of? reddit is very hard to interpret with the amount of emotional noise from trolls, but i think i read something about bitcoin-unlimited trying to use segwit. is this why there are 2 symbols floating around on the internet BCC and BCH
Nov 25 22:17:52 Nov 25 22:17:52 <moriarty> BCC is bitconnect
<moriarty> BCC is bitconnect
Nov 25 22:18:33 Nov 25 22:18:33 <taylorbyte> moriarty: what about this block explorer https://www.blocktrail.com/BCC
<taylorbyte> moriarty: what about this block explorer https://www.blocktrail.com/BCC
Nov 25 22:19:35 Nov 25 22:19:35 <moriarty> that's because some exchanges use BCC to denote bitcoin cash while others use BCH
<moriarty> that's because some exchanges use BCC to denote bitcoin cash while others use BCH
Nov 25 22:20:04 Nov 25 22:20:04 <taylorbyte> oh ok
<taylorbyte> oh ok
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Nov 25 23:13:05 Nov 25 23:13:05 <dw1> exchanges just arbitrarily decide yea
<dw1> exchanges just arbitrarily decide yea
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Nov 25 23:24:43 Nov 25 23:24:43 <dw1> idk the differences between the codes
<dw1> idk the differences between the codes
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Nov 26 01:08:48 Nov 26 01:08:48 <Catzzy> hi there
<Catzzy> hi there
Nov 26 01:08:50 Nov 26 01:08:50 <Catzzy> simple question
<Catzzy> simple question
Nov 26 01:09:49 Nov 26 01:09:49 <Catzzy> does someone owning btc before the btc split own now btc and btccash or just one of these two ?
<Catzzy> does someone owning btc before the btc split own now btc and btccash or just one of these two ?
Nov 26 01:09:59 Nov 26 01:09:59 <dw1> both
<dw1> both
Nov 26 01:10:07 <satoshidust> what wallet did you have it in
Nov 26 01:10:07 <satoshidust> what wallet did you have it in
Nov 26 01:10:25 Nov 26 01:10:25 <Catzzy> i have no wallet i m trying to understand all of this
<Catzzy> i have no wallet i m trying to understand all of this
Nov 26 01:10:26 <satoshidust> if you can import your private key from before the split into a bch wallet, it will have bch
Nov 26 01:10:26 <satoshidust> if you can import your private key from before the split into a bch wallet, it will have bch
Nov 26 01:11:25 Nov 26 01:11:25 <Catzzy> so there was instant creation of bch at the time of splitting then
<Catzzy> so there was instant creation of bch at the time of splitting then
Nov 26 01:11:28 Nov 26 01:11:28 <dw1> or an exchange can do it for you
<dw1> or an exchange can do it for you
Nov 26 01:11:34 Nov 26 01:11:34 <dw1> since they hold the keys
<dw1> since they hold the keys
Nov 26 01:11:40 Nov 26 01:11:40 <Catzzy> i see
<Catzzy> i see
Nov 26 01:11:41 Nov 26 01:11:41 <dw1> bch shares the btc chain to a certain point
<dw1> bch shares the btc chain to a certain point
Nov 26 01:11:47 Nov 26 01:11:47 <dw1> and same key format etc
<dw1> and same key format etc
Nov 26 01:11:58 Nov 26 01:11:58 <Catzzy> but from now on they are not related at all right ?
<Catzzy> but from now on they are not related at all right ?
Nov 26 01:12:05 Nov 26 01:12:05 <dw1> ye
<dw1> ye
Nov 26 01:12:31 Nov 26 01:12:31 <Catzzy> so it means people have an incentive not to use btc and bch as there could be a new split in the future
<Catzzy> so it means people have an incentive not to use btc and bch as there could be a new split in the future
Nov 26 01:12:41 Nov 26 01:12:41 <Catzzy> and make more "money"
<Catzzy> and make more "money"
Nov 26 01:12:57 Nov 26 01:12:57 <dw1> an incentive to use them
<dw1> an incentive to use them
Nov 26 01:13:17 <dw1> though btc might be more likely to fork again since it's currently more popular
Nov 26 01:13:17 <dw1> though btc might be more likely to fork again since it's currently more popular
Nov 26 01:13:18 <Catzzy> hmm ok
Nov 26 01:13:18 <Catzzy> hmm ok
Nov 26 01:13:23 Nov 26 01:13:23 <dw1> over bch
<dw1> over bch
Nov 26 01:13:37 Nov 26 01:13:37 <Catzzy> are the devs split between btc and bch or do they work on both projects ?
<Catzzy> are the devs split between btc and bch or do they work on both projects ?
Nov 26 01:13:45 Nov 26 01:13:45 <dw1> separate
<dw1> separate
Nov 26 01:13:49 Nov 26 01:13:49 <Catzzy> i m trying to see which one to invest in
<Catzzy> i m trying to see which one to invest in
Nov 26 01:14:15 Nov 26 01:14:15 <dw1> 2 different dev groups with different visions
<dw1> 2 different dev groups with different visions
Nov 26 01:14:20 Nov 26 01:14:20 <Catzzy> block size will remain at 2 MB or increase ?
<Catzzy> block size will remain at 2 MB or increase ?
Nov 26 01:14:23 Nov 26 01:14:23 <dw1> hence the fork
<dw1> hence the fork
Nov 26 01:14:28 Nov 26 01:14:28 <Catzzy> yes
<Catzzy> yes
Nov 26 01:14:29 <dw1> ragefork
Nov 26 01:14:29 <dw1> ragefork
Nov 26 01:14:30 <dw1> ( ͡ᵔ ͜ʖ ͡ᵔ)
Nov 26 01:14:30 <dw1> ( ͡ᵔ ͜ʖ ͡ᵔ)
Nov 26 01:14:48 <dw1> bch has 8mb
Nov 26 01:14:48 <dw1> bch has 8mb
Nov 26 01:14:57 Nov 26 01:14:57 <Catzzy> and btc 1Mb ?
<Catzzy> and btc 1Mb ?
Nov 26 01:15:02 Nov 26 01:15:02 <dw1> yea
<dw1> yea
Nov 26 01:15:13 Nov 26 01:15:13 <Catzzy> so fees will remain low for bch then
<Catzzy> so fees will remain low for bch then
Nov 26 01:15:19 Nov 26 01:15:19 <satoshidust> and the bch 8mb limit is soft; it can be increased up to 32mb without a hard fork
<satoshidust> and the bch 8mb limit is soft; it can be increased up to 32mb without a hard fork
Nov 26 01:15:23 Nov 26 01:15:23 <dw1> until it fills up and people compete for space yea
<dw1> until it fills up and people compete for space yea
Nov 26 01:15:30 Nov 26 01:15:30 <Catzzy> good
<Catzzy> good
Nov 26 01:15:33 Nov 26 01:15:33 <dw1> but then they can just go to 16MB and plan to
<dw1> but then they can just go to 16MB and plan to
Nov 26 01:15:35 Nov 26 01:15:35 <satoshidust> yes the goal is to always have low fees, and allow the entire world direct access to the blockchain
<satoshidust> yes the goal is to always have low fees, and allow the entire world direct access to the blockchain
Nov 26 01:15:40 Nov 26 01:15:40 <dw1> or any higher amount
<dw1> or any higher amount
Nov 26 01:15:47 Nov 26 01:15:47 <Catzzy> makes sense
<Catzzy> makes sense
Nov 26 01:16:17 Nov 26 01:16:17 <Catzzy> what s your opinion on why bch has a lower value ? it seems more safe to me as miner seem to have less power
<Catzzy> what s your opinion on why bch has a lower value ? it seems more safe to me as miner seem to have less power
Nov 26 01:16:26 <satoshidust> Catzzy, not sure how new you are but just FYI btc is the much more popular one and they don't care for bch at all :)
Nov 26 01:16:26 <satoshidust> Catzzy, not sure how new you are but just FYI btc is the much more popular one and they don't care for bch at all :)
Nov 26 01:16:35 Nov 26 01:16:35 <dw1> it's only 4 months old
<dw1> it's only 4 months old
Nov 26 01:16:47 Nov 26 01:16:47 <Catzzy> okay
<Catzzy> okay
Nov 26 01:16:50 Nov 26 01:16:50 <dw1> btc gets more hype in the news
<dw1> btc gets more hype in the news
Nov 26 01:16:51 Nov 26 01:16:51 <dw1> etc
<dw1> etc
Nov 26 01:16:55 Nov 26 01:16:55 <Catzzy> yeah
<Catzzy> yeah
Nov 26 01:17:18 Nov 26 01:17:18 <Catzzy> but more potential to gain
<Catzzy> but more potential to gain
Nov 26 01:17:25 <dw1> probalby
Nov 26 01:17:25 <dw1> probalby
Nov 26 01:17:29 Nov 26 01:17:29 <dw1> it's taking off
<dw1> it's taking off
Nov 26 01:17:33 <Catzzy> yes
Nov 26 01:17:33 <Catzzy> yes
Nov 26 01:18:04 Nov 26 01:18:04 <satoshidust> bch is the result of a toxic debate / infighting that has been going on for several years; although the coin bch is only a few months old, the other side of that debate accepts bch as their bitcoin
<satoshidust> bch is the result of a toxic debate / infighting that has been going on for several years; although the coin bch is only a few months old, the other side of that debate accepts bch as their bitcoin
Nov 26 01:18:05 <dw1> could always diversify
Nov 26 01:18:05 <dw1> could always diversify
Nov 26 01:18:07 <Catzzy> it s hard enough already to find a shop accepting btc.. i guess for bch it s nearly impossible or am i wrong?
Nov 26 01:18:07 <Catzzy> it s hard enough already to find a shop accepting btc.. i guess for bch it s nearly impossible or am i wrong?
Nov 26 01:18:07 <dw1> buy the top 5
Nov 26 01:18:07 <dw1> buy the top 5
Nov 26 01:18:49 Nov 26 01:18:49 <dw1> a lot of shops that accept crypto accept a bunch
<dw1> a lot of shops that accept crypto accept a bunch
Nov 26 01:18:57 <Catzzy> currencies competing with each other is not that bad.. same for fiat kind of
Nov 26 01:18:57 <Catzzy> currencies competing with each other is not that bad.. same for fiat kind of
Nov 26 01:19:04 Nov 26 01:19:04 <satoshidust> btc has a ton of shops accepting it just have to look in the right places; bch is gaining merchant adoption at a very fast rate but you certainly won't randomly stumble on a site that accepts it
<satoshidust> btc has a ton of shops accepting it just have to look in the right places; bch is gaining merchant adoption at a very fast rate but you certainly won't randomly stumble on a site that accepts it
Nov 26 01:19:19 Nov 26 01:19:19 <Catzzy> ok good good
<Catzzy> ok good good
Nov 26 01:19:52 Nov 26 01:19:52 <Catzzy> will mike hearn get involved into bch?
<Catzzy> will mike hearn get involved into bch?
Nov 26 01:20:19 Nov 26 01:20:19 <Catzzy> i read he was quite annoyed at the blocksize remaing low
<Catzzy> i read he was quite annoyed at the blocksize remaing low
Nov 26 01:23:13 <Catzzy> thanks anyway
Nov 26 01:23:13 <Catzzy> thanks anyway
Nov 26 01:23:15 Nov 26 01:23:15 <Catzzy> good answers
<Catzzy> good answers
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Nov 26 04:29:19 Nov 26 04:29:19 <booyah> IT'S OVER
<booyah> IT'S OVER
Nov 26 04:29:29 Nov 26 04:29:29 <booyah> NIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIINE THOUSAND
<booyah> NIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIINE THOUSAND
Nov 26 04:29:44 Nov 26 04:29:44 <booyah> well over at real Bitcoin. Down to 17% of it, are we here
<booyah> well over at real Bitcoin. Down to 17% of it, are we here
Nov 26 04:30:59 Nov 26 04:30:59 <satoshidust> ? real bitcoin is up nearly 400% in past few weeks; fake bitcoin made 8%, which is ok
<satoshidust> ? real bitcoin is up nearly 400% in past few weeks; fake bitcoin made 8%, which is ok
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Nov 26 05:04:57 <lte-13[m]> Wonder how many of that are SegWit transactions
Nov 26 05:04:57 <lte-13[m]> Wonder how many of that are SegWit transactions
Nov 26 05:05:21 Nov 26 05:05:21 <lte-13[m]> I heard this new tech is going to lower fees and transaction speed
<lte-13[m]> I heard this new tech is going to lower fees and transaction speed
Nov 26 05:05:42 Nov 26 05:05:42 <satoshidust> lte-13[m], segwit IS a blocksize increase
<satoshidust> lte-13[m], segwit IS a blocksize increase
Nov 26 05:05:57 Nov 26 05:05:57 <lte-13[m]> kek
<lte-13[m]> kek
Nov 26 05:06:30 Nov 26 05:06:30 <lte-13[m]> So thats why Greg Fatwell has been trying to keep it at 1 mb for all this years
<lte-13[m]> So thats why Greg Fatwell has been trying to keep it at 1 mb for all this years
Nov 26 05:06:44 Nov 26 05:06:44 <lte-13[m]> Not to make money for his company
<lte-13[m]> Not to make money for his company
Nov 26 05:08:54 Nov 26 05:08:54 <satoshidust> now you are getting it
<satoshidust> now you are getting it
Nov 26 05:40:12 Nov 26 05:40:12 <zveda> everyone here selling their btg ?
<zveda> everyone here selling their btg ?
Nov 26 05:43:32 <dw1> segwit is 10% and doesnt do shit :p
Nov 26 05:43:32 <dw1> segwit is 10% and doesnt do shit :p
Nov 26 05:44:49 Nov 26 05:44:49 <dw1> if they get 1.2x users it'll probably choke to death
<dw1> if they get 1.2x users it'll probably choke to death
Nov 26 05:45:00 Nov 26 05:45:00 <dw1> ¯\_(ツ)_/¯
<dw1> ¯\_(ツ)_/¯
Nov 26 05:45:27 Nov 26 05:45:27 <dw1> but that's ok cause they can move to BCH
<dw1> but that's ok cause they can move to BCH
Nov 26 05:45:42 Nov 26 05:45:42 <dw1> dont have any BTG
<dw1> dont have any BTG
Nov 26 05:46:05 <dw1> but their users did get screwed yet again...
Nov 26 05:46:05 <dw1> but their users did get screwed yet again...
Nov 26 05:46:19 Nov 26 05:46:19 <dw1> https://bitcoingold.org/critical-warning-nov-26/
<dw1> https://bitcoingold.org/critical-warning-nov-26/
Nov 26 06:00:01 <sturles> lte-13[m]: Currently 10-12% of transactions are segwit transactions.
Nov 26 06:00:01 <sturles> lte-13[m]: Currently 10-12% of transactions are segwit transactions.
Nov 26 06:00:32 <sturles> dw1: There are hundreds of altcoins users can move to if they want to.
Nov 26 06:00:32 <sturles> dw1: There are hundreds of altcoins users can move to if they want to.
Nov 26 06:00:54 Nov 26 06:00:54 <dw1> none like original bitcoin
<dw1> none like original bitcoin
Nov 26 06:01:13 Nov 26 06:01:13 <dw1> pre fork without consensus
<dw1> pre fork without consensus
Nov 26 06:01:19 Nov 26 06:01:19 <dw1> pre hijack
<dw1> pre hijack
Nov 26 06:01:23 Nov 26 06:01:23 <dw1> :]
<dw1> :]
Nov 26 06:01:30 <sturles> dw1: Unfortunately most of those are of dubious origin, so people tend to stay with Bitcoin. Bitcoin has proven to be stable, and have all the best developers.
Nov 26 06:01:30 <sturles> dw1: Unfortunately most of those are of dubious origin, so people tend to stay with Bitcoin. Bitcoin has proven to be stable, and have all the best developers.
Nov 26 06:02:10 Nov 26 06:02:10 <dw1> wunderbar
<dw1> wunderbar
Nov 26 06:02:18 Nov 26 06:02:18 <sturles> What is "original Bitcoin"? Bitcoin 0.1 had many bugs.
<sturles> What is "original Bitcoin"? Bitcoin 0.1 had many bugs.
Nov 26 06:02:36 Nov 26 06:02:36 <dw1> pre segwit
<dw1> pre segwit
Nov 26 06:02:38 <sturles> Bitcoin 0.6 introduced P2SH, which we have to live with.
Nov 26 06:02:38 <sturles> Bitcoin 0.6 introduced P2SH, which we have to live with.
Nov 26 06:02:54 Nov 26 06:02:54 <sturles> Segwit is the best invention in Bitcoin since Bitcoin.
<sturles> Segwit is the best invention in Bitcoin since Bitcoin.
Nov 26 06:03:03 Nov 26 06:03:03 <sturles> It solves many problems.
<sturles> It solves many problems.
Nov 26 06:03:08 Nov 26 06:03:08 <dw1> according to some
<dw1> according to some
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Nov 26 06:03:27 Nov 26 06:03:27 <dw1> #segwitcoin
<dw1> #segwitcoin
Nov 26 06:03:29 Nov 26 06:03:29 <sturles> And enables many of the features of Bitcoin 0.1, which had to be disabled due to bugs.
<sturles> And enables many of the features of Bitcoin 0.1, which had to be disabled due to bugs.
Nov 26 06:03:48 Nov 26 06:03:48 <sturles> BCH still have those features disabled.
<sturles> BCH still have those features disabled.
Nov 26 06:04:06 Nov 26 06:04:06 <sturles> And efen other features not related to segwit, like RBF.
<sturles> And efen other features not related to segwit, like RBF.
Nov 26 06:04:23 Nov 26 06:04:23 <dw1> *informative wayne's world security guard*
<dw1> *informative wayne's world security guard*
Nov 26 06:04:29 Nov 26 06:04:29 <sturles> This was in the original Bitcoin as well, but had to be disabled due to a bad DoS problem.
<sturles> This was in the original Bitcoin as well, but had to be disabled due to a bad DoS problem.
Nov 26 06:05:45 Nov 26 06:05:45 <lte-13[m]> STURLES
<lte-13[m]> STURLES
Nov 26 06:05:51 Nov 26 06:05:51 <lte-13[m]> Where in the whitepaper does it say
<lte-13[m]> Where in the whitepaper does it say
Nov 26 06:05:51 Nov 26 06:05:51 <Megumiin> sturles: I like how he had to resort into trying to insult you instead of an actual counter argument
<Megumiin> sturles: I like how he had to resort into trying to insult you instead of an actual counter argument
Nov 26 06:06:05 Nov 26 06:06:05 <lte-13[m]> Bitcoin - A settlement layer
<lte-13[m]> Bitcoin - A settlement layer
Nov 26 06:06:11 Nov 26 06:06:11 <lte-13[m]> Look again
<lte-13[m]> Look again
Nov 26 06:06:13 Nov 26 06:06:13 <lte-13[m]> It says
<lte-13[m]> It says
Nov 26 06:06:42 <Megumiin> What does segwit have to do with a settlement layer
Nov 26 06:06:42 <Megumiin> What does segwit have to do with a settlement layer
Nov 26 06:06:48 Nov 26 06:06:48 <lte-13[m]> Bitcoin: A Peer-to-Peer Electronic Cash System
<lte-13[m]> Bitcoin: A Peer-to-Peer Electronic Cash System
Nov 26 06:07:02 Nov 26 06:07:02 <dw1> nobody cares about the waste of time trolling
<dw1> nobody cares about the waste of time trolling
Nov 26 06:07:07 Nov 26 06:07:07 <dw1> it accomplishes nothing
<dw1> it accomplishes nothing
Nov 26 06:07:13 Nov 26 06:07:13 <Megumiin> dw1: why are you doing it then?
<Megumiin> dw1: why are you doing it then?
Nov 26 06:07:35 Nov 26 06:07:35 <lte-13[m]> dw1 : No point in convincing them honestly
<lte-13[m]> dw1 : No point in convincing them honestly
Nov 26 06:07:35 <dw1> go to your on topic channel and stop being a terrorist ( ͡ᵔ ͜ʖ ͡ᵔ)
Nov 26 06:07:35 <dw1> go to your on topic channel and stop being a terrorist ( ͡ᵔ ͜ʖ ͡ᵔ)
Nov 26 06:07:44 <dw1> yea they're just cyberbullies
Nov 26 06:07:44 <dw1> yea they're just cyberbullies
Nov 26 06:07:46 Nov 26 06:07:46 <lte-13[m]> Just waste of time
<lte-13[m]> Just waste of time
Nov 26 06:07:50 Nov 26 06:07:50 <lte-13[m]> Some people get it some dont lol
<lte-13[m]> Some people get it some dont lol
Nov 26 06:08:28 Nov 26 06:08:28 <sturles> lte-13[m]: The blockchain is the settlement system. Satoshi wanted to implement the payment layer via payment channels, but this didn't work due to bugs. He had to give it up. Segwit fixes the remianing bugs, and make a cash system workable.
<sturles> lte-13[m]: The blockchain is the settlement system. Satoshi wanted to implement the payment layer via payment channels, but this didn't work due to bugs. He had to give it up. Segwit fixes the remianing bugs, and make a cash system workable.
Nov 26 06:08:51 Nov 26 06:08:51 <dw1> they mad 'cause a few got away from their control freak cult
<dw1> they mad 'cause a few got away from their control freak cult
Nov 26 06:08:58 Nov 26 06:08:58 <dw1> lulz
<dw1> lulz
Nov 26 06:09:06 Nov 26 06:09:06 <lte-13[m]> lol @satoshi wanting to implement payment channels hahahaha
<lte-13[m]> lol @satoshi wanting to implement payment channels hahahaha
Nov 26 06:09:09 Nov 26 06:09:09 <sturles> Many groups are working to implement it using bidirectional and interconnected payment channels.
<sturles> Many groups are working to implement it using bidirectional and interconnected payment channels.
Nov 26 06:09:11 <lte-13[m]> Satoshi solved scaling in 2010
Nov 26 06:09:11 <lte-13[m]> Satoshi solved scaling in 2010
Nov 26 06:09:14 Nov 26 06:09:14 <sturles> lte-13[m]: Yes.
<sturles> lte-13[m]: Yes.
Nov 26 06:09:24 Nov 26 06:09:24 <lte-13[m]> Then Greg Fatwell and the radical christian luke dashjr and the rest of the idiots hijacked it
<lte-13[m]> Then Greg Fatwell and the radical christian luke dashjr and the rest of the idiots hijacked it
Nov 26 06:09:29 Nov 26 06:09:29 <lte-13[m]> Thanks to Gavin being naive
<lte-13[m]> Thanks to Gavin being naive
Nov 26 06:09:29 Nov 26 06:09:29 <dw1> narcissists
<dw1> narcissists
Nov 26 06:09:53 Nov 26 06:09:53 <sturles> lte-13[m]: https://en.bitcoin.it/wiki/Payment_channels
<sturles> lte-13[m]: https://en.bitcoin.it/wiki/Payment_channels
Nov 26 06:10:14 Nov 26 06:10:14 <lte-13[m]> “At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware.” – 2008.
<lte-13[m]> “At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware.” – 2008.
Nov 26 06:10:30 Nov 26 06:10:30 <dw1> Megumiin: i dont do it. i stopped going to #bitcoin
<dw1> Megumiin: i dont do it. i stopped going to #bitcoin
Nov 26 06:10:41 Nov 26 06:10:41 <lte-13[m]> But its whatever, they will see that Bitcoin Cash is the superior bitcoin fork
<lte-13[m]> But its whatever, they will see that Bitcoin Cash is the superior bitcoin fork
Nov 26 06:10:43 Nov 26 06:10:43 <dw1> 'cause i'm not a narcissistic freakshow
<dw1> 'cause i'm not a narcissistic freakshow
Nov 26 06:10:43 Nov 26 06:10:43 <sturles> lte-13[m]: None of the people you mention have any more influence of what goes into Bitcoin than any of the other developers. They can not commit code to Bitcoin.
<sturles> lte-13[m]: None of the people you mention have any more influence of what goes into Bitcoin than any of the other developers. They can not commit code to Bitcoin.
Nov 26 06:10:51 Nov 26 06:10:51 <lte-13[m]> Just thank Blockstream for stunting bitcoin growth for like 4-5 years
<lte-13[m]> Just thank Blockstream for stunting bitcoin growth for like 4-5 years
Nov 26 06:11:09 <sturles> BCH is a settlement system. It lacks the features to work with a payment layer.
Nov 26 06:11:09 <sturles> BCH is a settlement system. It lacks the features to work with a payment layer.
Nov 26 06:11:17 <lte-13[m]> @sturles : lol
Nov 26 06:11:17 <lte-13[m]> @sturles : lol
Nov 26 06:11:21 Nov 26 06:11:21 <Megumiin> lte-13[m]: why did bch fork from 0.15 instead of 0.6?
<Megumiin> lte-13[m]: why did bch fork from 0.15 instead of 0.6?
Nov 26 06:11:34 Nov 26 06:11:34 <lte-13[m]> Fatwell and LukeDashjr later kicked Gavin out
<lte-13[m]> Fatwell and LukeDashjr later kicked Gavin out
Nov 26 06:11:36 Nov 26 06:11:36 <Megumiin> you mean core devs did things of value during those changes?
<Megumiin> you mean core devs did things of value during those changes?
Nov 26 06:11:37 <lte-13[m]> WHen they got commit access
Nov 26 06:11:37 <lte-13[m]> WHen they got commit access
Nov 26 06:11:44 Nov 26 06:11:44 <sturles> lte-13[m]: Wake up. Bitcoin has grown TREMENDOUSLY over the last 3-4 years.
<sturles> lte-13[m]: Wake up. Bitcoin has grown TREMENDOUSLY over the last 3-4 years.
Nov 26 06:11:57 Nov 26 06:11:57 <lte-13[m]> Value? Their "value" is going on reddit and censor and troll
<lte-13[m]> Value? Their "value" is going on reddit and censor and troll
Nov 26 06:12:06 Nov 26 06:12:06 <lte-13[m]> Occasionally they burn 80 mil of VC money on a satellite
<lte-13[m]> Occasionally they burn 80 mil of VC money on a satellite
Nov 26 06:12:16 Nov 26 06:12:16 <sturles> lte-13[m]: Gavin was behind P2SH. The most bloated hack ever in Bitcoin.
<sturles> lte-13[m]: Gavin was behind P2SH. The most bloated hack ever in Bitcoin.
Nov 26 06:12:31 <dw1> maybe they really want to convince themselves
Nov 26 06:12:31 <dw1> maybe they really want to convince themselves
Nov 26 06:12:54 Nov 26 06:12:54 <sturles> Gavin hadn't done any useful work on Bitcoin for two years when he was thrown out by wladimir.
<sturles> Gavin hadn't done any useful work on Bitcoin for two years when he was thrown out by wladimir.
Nov 26 06:13:11 Nov 26 06:13:11 <sturles> He was becoming a security threat.
<sturles> He was becoming a security threat.
Nov 26 06:13:25 Nov 26 06:13:25 <lte-13[m]> Why? Because he talked to CIA?
<lte-13[m]> Why? Because he talked to CIA?
Nov 26 06:13:39 <Megumiin> lte-13[m]: no, simply because he wasnt adding value while simultanously being a risk
Nov 26 06:13:39 <Megumiin> lte-13[m]: no, simply because he wasnt adding value while simultanously being a risk
Nov 26 06:13:47 <lte-13[m]> Haha, based on what?
Nov 26 06:13:47 <lte-13[m]> Haha, based on what?
Nov 26 06:13:58 <Megumiin> any person with keys/access is a risk
Nov 26 06:13:58 <Megumiin> any person with keys/access is a risk
Nov 26 06:14:00 Nov 26 06:14:00 <Megumiin> period.
<Megumiin> period.
Nov 26 06:14:01 Nov 26 06:14:01 <sturles> lte-13[m]: What? No, Satoshi left when Gavin talked to the CIA.
<sturles> lte-13[m]: What? No, Satoshi left when Gavin talked to the CIA.
Nov 26 06:14:06 Nov 26 06:14:06 <lte-13[m]> Anyone with a brain can see that Gavin gave commit access to some complete nobodies
<lte-13[m]> Anyone with a brain can see that Gavin gave commit access to some complete nobodies
Nov 26 06:14:11 Nov 26 06:14:11 <lte-13[m]> And they hijacked it
<lte-13[m]> And they hijacked it
Nov 26 06:14:24 Nov 26 06:14:24 <dw1> arguing on the internet is like running in the special olympics
<dw1> arguing on the internet is like running in the special olympics
Nov 26 06:14:28 Nov 26 06:14:28 <lte-13[m]> Fatwell was a mod at wikipedia, where he was extremely toxic
<lte-13[m]> Fatwell was a mod at wikipedia, where he was extremely toxic
Nov 26 06:14:33 Nov 26 06:14:33 <dw1> even if you win, you're still retarded
<dw1> even if you win, you're still retarded
Nov 26 06:14:37 Nov 26 06:14:37 <lte-13[m]> Read it up
<lte-13[m]> Read it up
Nov 26 06:14:44 <Megumiin> dw1: it takes two to tango
Nov 26 06:14:44 <Megumiin> dw1: it takes two to tango
Nov 26 06:14:54 Nov 26 06:14:54 <sturles> lte-13[m]: Gavin was just sitting there doing nothing, and still had commit rights. Whn he threatend to hand over those to fake Satoshi-Dundee, the rest of the development team got enough of him. Which is fair.
<sturles> lte-13[m]: Gavin was just sitting there doing nothing, and still had commit rights. Whn he threatend to hand over those to fake Satoshi-Dundee, the rest of the development team got enough of him. Which is fair.
Nov 26 06:14:58 Nov 26 06:14:58 <dw1> it also takes terrorists in off topic channels
<dw1> it also takes terrorists in off topic channels
Nov 26 06:15:03 Nov 26 06:15:03 <dw1> reee
<dw1> reee
Nov 26 06:15:12 Nov 26 06:15:12 <lte-13[m]> All this shit youre saying
<lte-13[m]> All this shit youre saying
Nov 26 06:15:17 <lte-13[m]> Do you have any proof
Nov 26 06:15:17 <lte-13[m]> Do you have any proof
Nov 26 06:15:29 <Megumiin> dw1: That word doesnt mean what you think it means
Nov 26 06:15:29 <Megumiin> dw1: That word doesnt mean what you think it means
Nov 26 06:15:52 Nov 26 06:15:52 <sturles> Yes, look at github.com/bitcoin/bitcoin and check out Gavin's commit history.
<sturles> Yes, look at github.com/bitcoin/bitcoin and check out Gavin's commit history.
Nov 26 06:15:55 <dw1> it sure does
Nov 26 06:15:55 <dw1> it sure does
Nov 26 06:16:03 Nov 26 06:16:03 <dw1> you're here for politics
<dw1> you're here for politics
Nov 26 06:16:03 Nov 26 06:16:03 <lte-13[m]> lol
<lte-13[m]> lol
Nov 26 06:16:10 Nov 26 06:16:10 <dw1> bullying and politics
<dw1> bullying and politics
Nov 26 06:16:13 Nov 26 06:16:13 <lte-13[m]> Yeah I wont
<lte-13[m]> Yeah I wont
Nov 26 06:16:16 Nov 26 06:16:16 <sturles> I was in #bitcoin-dev when they discussed what to do about it, and I probably have the log as well.
<sturles> I was in #bitcoin-dev when they discussed what to do about it, and I probably have the log as well.
Nov 26 06:16:37 Nov 26 06:16:37 <Megumiin> dw1: neither of those are related to terrorism either
<Megumiin> dw1: neither of those are related to terrorism either
Nov 26 06:17:14 Nov 26 06:17:14 <lte-13[m]> tbh id rather have Nakamoto Dundee having commit access than Greg Fatwell
<lte-13[m]> tbh id rather have Nakamoto Dundee having commit access than Greg Fatwell
Nov 26 06:17:24 <lte-13[m]> Or lukedash jr
Nov 26 06:17:24 <lte-13[m]> Or lukedash jr
Nov 26 06:17:37 <dw1> luke says God obliges you to consent to fees
Nov 26 06:17:37 <dw1> luke says God obliges you to consent to fees
Nov 26 06:17:39 <dw1> roflmao
Nov 26 06:17:39 <dw1> roflmao
Nov 26 06:17:43 <lte-13[m]> But people are irrelevant
Nov 26 06:17:43 <lte-13[m]> But people are irrelevant
Nov 26 06:17:49 Nov 26 06:17:49 <lte-13[m]> I know on-chain scaling is the only thing that will work on bitcoin
<lte-13[m]> I know on-chain scaling is the only thing that will work on bitcoin
Nov 26 06:18:01 Nov 26 06:18:01 <lte-13[m]> Off-chain is for alts, and they do it more effective than SegShit
<lte-13[m]> Off-chain is for alts, and they do it more effective than SegShit
Nov 26 06:18:24 <lte-13[m]> So I know BCH is going to overtake BTC eventually
Nov 26 06:18:24 <lte-13[m]> So I know BCH is going to overtake BTC eventually
Nov 26 06:18:49 Nov 26 06:18:49 <lte-13[m]> Problem is it takes time for the masses to get it
<lte-13[m]> Problem is it takes time for the masses to get it
Nov 26 06:18:59 Nov 26 06:18:59 <lte-13[m]> So we're looking at like another 2-3 years
<lte-13[m]> So we're looking at like another 2-3 years
Nov 26 06:19:07 Nov 26 06:19:07 <dw1> pray your corporate blockstream overlords dont enforce their patents and make it more of a bankstercoin than it's already become
<dw1> pray your corporate blockstream overlords dont enforce their patents and make it more of a bankstercoin than it's already become
Nov 26 06:19:10 Nov 26 06:19:10 <dw1> hehe
<dw1> hehe
Nov 26 06:19:21 Nov 26 06:19:21 <dw1> sellouts
<dw1> sellouts
Nov 26 06:19:22 Nov 26 06:19:22 <sturles> Gavin was a source of general annoyance for a long time before his access got pulled, for deleting critical comments to his pull requests.
<sturles> Gavin was a source of general annoyance for a long time before his access got pulled, for deleting critical comments to his pull requests.
Nov 26 06:19:33 <lte-13[m]> lol
Nov 26 06:19:33 <lte-13[m]> lol
Nov 26 06:19:38 Nov 26 06:19:38 <lte-13[m]> "General annoyance"
<lte-13[m]> "General annoyance"
Nov 26 06:19:57 <lte-13[m]> In comparison to that fat toxic neckbeard greg??
Nov 26 06:19:57 <lte-13[m]> In comparison to that fat toxic neckbeard greg??
Nov 26 06:19:57 <sturles> Random comment from #bitcoin-dev:
Nov 26 06:19:57 <sturles> Random comment from #bitcoin-dev:
Nov 26 06:19:59 Nov 26 06:19:59 <sturles> 16:08 < JackH> we are in some eternal stall mode because of fucking gavin
<sturles> 16:08 < JackH> we are in some eternal stall mode because of fucking gavin
Nov 26 06:20:04 <Megumiin> dw1: good luck surviving any govnment disruptions with your $20k nodes
Nov 26 06:20:04 <Megumiin> dw1: good luck surviving any govnment disruptions with your $20k nodes
Nov 26 06:20:22 Nov 26 06:20:22 <dw1> my life doesnt depend on a coin
<dw1> my life doesnt depend on a coin
Nov 26 06:20:27 Nov 26 06:20:27 <lte-13[m]> Because of gavin?
<lte-13[m]> Because of gavin?
Nov 26 06:20:31 Nov 26 06:20:31 <lte-13[m]> No, because of BLockstream
<lte-13[m]> No, because of BLockstream
Nov 26 06:20:34 <sturles> He blocked development and progress.
Nov 26 06:20:34 <sturles> He blocked development and progress.
Nov 26 06:20:39 <lte-13[m]> Or, well, Gaving gave them commit access
Nov 26 06:20:39 <lte-13[m]> Or, well, Gaving gave them commit access
Nov 26 06:20:42 Nov 26 06:20:42 <lte-13[m]> So I guess he is to blame
<lte-13[m]> So I guess he is to blame
Nov 26 06:20:49 Nov 26 06:20:49 <lte-13[m]> For letting the trojan horse into the gate
<lte-13[m]> For letting the trojan horse into the gate
Nov 26 06:21:00 Nov 26 06:21:00 <sturles> Nobody at Blockstream have commit access to Bitcoin.
<sturles> Nobody at Blockstream have commit access to Bitcoin.
Nov 26 06:21:04 <lte-13[m]> Is that what you mean?
Nov 26 06:21:04 <lte-13[m]> Is that what you mean?
Nov 26 06:21:05 Nov 26 06:21:05 <dw1> you do realize every country has a different government right Megumiin
<dw1> you do realize every country has a different government right Megumiin
Nov 26 06:21:25 Nov 26 06:21:25 <lte-13[m]> What?
<lte-13[m]> What?
Nov 26 06:21:31 Nov 26 06:21:31 <lte-13[m]> Greg Maxwell is a bitcoin core commiter
<lte-13[m]> Greg Maxwell is a bitcoin core commiter
Nov 26 06:21:38 Nov 26 06:21:38 <sturles> Blockstream employs 3 Bitcoin developers, I think.
<sturles> Blockstream employs 3 Bitcoin developers, I think.
Nov 26 06:21:38 <lte-13[m]> Youre full of lies
Nov 26 06:21:38 <lte-13[m]> Youre full of lies
Nov 26 06:21:50 Nov 26 06:21:50 <sturles> No, Greg Maxwell does not have commit rights.
<sturles> No, Greg Maxwell does not have commit rights.
Nov 26 06:22:15 Nov 26 06:22:15 <sturles> https://bitcoincore.org/en/team/
<sturles> https://bitcoincore.org/en/team/
Nov 26 06:22:16 <lte-13[m]> Oh actually tats true
Nov 26 06:22:16 <lte-13[m]> Oh actually tats true
Nov 26 06:22:19 <lte-13[m]> They revoked it
Nov 26 06:22:19 <lte-13[m]> They revoked it
Nov 26 06:22:31 Nov 26 06:22:31 <Megumiin> Did he ever have commit access?
<Megumiin> Did he ever have commit access?
Nov 26 06:22:37 Nov 26 06:22:37 <sturles> He revoked his own commit right years ago.
<sturles> He revoked his own commit right years ago.
Nov 26 06:23:14 Nov 26 06:23:14 <dw1> but when you start patenting shit.. and running it from a corporation incorporated in a country.. that brings it under one government
<dw1> but when you start patenting shit.. and running it from a corporation incorporated in a country.. that brings it under one government
Nov 26 06:23:27 Nov 26 06:23:27 <sturles> Like fake-Satoshi?
<sturles> Like fake-Satoshi?
Nov 26 06:24:05 <sturles> He is trying to patent everything even remotely connected to Bitcoin and blockchains, pretending he invented it.
Nov 26 06:24:05 <sturles> He is trying to patent everything even remotely connected to Bitcoin and blockchains, pretending he invented it.
Nov 26 06:24:57 Nov 26 06:24:57 <dw1> just because he wont prove it to you doesnt mean he cant prove it
<dw1> just because he wont prove it to you doesnt mean he cant prove it
Nov 26 06:25:35 Nov 26 06:25:35 <Megumiin> so you're just going to ignore the fact that he's doing the same thing you're complaining about as much if not worse?
<Megumiin> so you're just going to ignore the fact that he's doing the same thing you're complaining about as much if not worse?
Nov 26 06:26:01 Nov 26 06:26:01 <dw1> what are you on about
<dw1> what are you on about
Nov 26 06:26:57 <Megumiin> Craig has many more bitcoin related patent applications than blockstream
Nov 26 06:26:57 <Megumiin> Craig has many more bitcoin related patent applications than blockstream
Nov 26 06:27:23 Nov 26 06:27:23 <dw1> does he have commit access to BTC
<dw1> does he have commit access to BTC
Nov 26 06:27:32 Nov 26 06:27:32 <dw1> no, so shut up
<dw1> no, so shut up
Nov 26 06:27:33 Nov 26 06:27:33 <Megumiin> does blockstream?
<Megumiin> does blockstream?
Nov 26 06:27:37 <Megumiin> no, so shut up
Nov 26 06:27:37 <Megumiin> no, so shut up
Nov 26 06:27:39 <dw1> indirectly
Nov 26 06:27:39 <dw1> indirectly
Nov 26 06:27:49 <Megumiin> I thought bch was bitcoin?
Nov 26 06:27:49 <Megumiin> I thought bch was bitcoin?
Nov 26 06:28:08 <dw1> try to contain your narcissistic rage
Nov 26 06:28:08 <dw1> try to contain your narcissistic rage
Nov 26 06:28:35 Nov 26 06:28:35 <sturles> dw1: Read what Satoshi wrote on Bitcointalk, then read anything written by fake-Satoshi. They are obviously different people.
<sturles> dw1: Read what Satoshi wrote on Bitcointalk, then read anything written by fake-Satoshi. They are obviously different people.
Nov 26 06:28:50 Nov 26 06:28:50 <dw1> what will happen if a warrant is issued against Blockstream for a sidechain, do you think
<dw1> what will happen if a warrant is issued against Blockstream for a sidechain, do you think
Nov 26 06:29:00 Nov 26 06:29:00 <dw1> search warrant
<dw1> search warrant
Nov 26 06:29:07 Nov 26 06:29:07 <sturles> What?
<sturles> What?
Nov 26 06:29:13 Nov 26 06:29:13 <sturles> Search warrant for a sidechain?
<sturles> Search warrant for a sidechain?
Nov 26 06:29:16 Nov 26 06:29:16 <dw1> gov will be all up in it
<dw1> gov will be all up in it
Nov 26 06:29:20 Nov 26 06:29:20 <dw1> yup
<dw1> yup
Nov 26 06:29:25 Nov 26 06:29:25 <Megumiin> what
<Megumiin> what
Nov 26 06:29:32 Nov 26 06:29:32 <dw1> to monitor transactions things
<dw1> to monitor transactions things
Nov 26 06:29:40 Nov 26 06:29:40 <dw1> &
<dw1> &
Nov 26 06:29:53 Nov 26 06:29:53 <lte-13[m]> tbh you can already surveil bitcoin
<lte-13[m]> tbh you can already surveil bitcoin
Nov 26 06:29:55 Nov 26 06:29:55 <booyah> good that Bitcoin Core <3 is working on improving coin join and such
<booyah> good that Bitcoin Core <3 is working on improving coin join and such
Nov 26 06:30:00 <lte-13[m]> So not really a problem
Nov 26 06:30:00 <lte-13[m]> So not really a problem
Nov 26 06:30:15 <dw1> lol you have no control over third party sidechains
Nov 26 06:30:15 <dw1> lol you have no control over third party sidechains
Nov 26 06:30:16 Nov 26 06:30:16 <lte-13[m]> Problem is that blockstream obviously is going to provide solutions and make money of fee of segwit
<lte-13[m]> Problem is that blockstream obviously is going to provide solutions and make money of fee of segwit
Nov 26 06:30:21 Nov 26 06:30:21 <booyah> Lightning Network doest greatly improve privacy
<booyah> Lightning Network doest greatly improve privacy
Nov 26 06:30:22 Nov 26 06:30:22 <lte-13[m]> Thats their whole angle of course
<lte-13[m]> Thats their whole angle of course
Nov 26 06:30:22 Nov 26 06:30:22 <dw1> they're insecure
<dw1> they're insecure
Nov 26 06:30:25 <booyah> and logs can be deleted
Nov 26 06:30:25 <booyah> and logs can be deleted
Nov 26 06:30:29 Nov 26 06:30:29 <lte-13[m]> And the reason theyve stalled btc development
<lte-13[m]> And the reason theyve stalled btc development
Nov 26 06:30:33 Nov 26 06:30:33 <Megumiin> lte-13[m]: miners make the money from fees, not any devs
<Megumiin> lte-13[m]: miners make the money from fees, not any devs
Nov 26 06:30:34 Nov 26 06:30:34 <dw1> and logs can be forced to be retained
<dw1> and logs can be forced to be retained
Nov 26 06:30:36 Nov 26 06:30:36 <lte-13[m]> They took it to segwit because it is win win
<lte-13[m]> They took it to segwit because it is win win
Nov 26 06:30:48 Nov 26 06:30:48 <dw1> because it's a centralization
<dw1> because it's a centralization
Nov 26 06:30:50 Nov 26 06:30:50 <lte-13[m]> If they fuck up, and people use real bitcoin - bch. THey made some money and can get out
<lte-13[m]> If they fuck up, and people use real bitcoin - bch. THey made some money and can get out
Nov 26 06:31:06 Nov 26 06:31:06 <lte-13[m]> If they succeed, well, then they become ultra rich and get loads of power
<lte-13[m]> If they succeed, well, then they become ultra rich and get loads of power
Nov 26 06:31:12 <booyah> lte-13[m]: miners stalled bitcoin blocksize increase for 2 years, untill bitcoin users in UASF pushed it to finally get the x1.6 (to x4) increase
Nov 26 06:31:12 <booyah> lte-13[m]: miners stalled bitcoin blocksize increase for 2 years, untill bitcoin users in UASF pushed it to finally get the x1.6 (to x4) increase
Nov 26 06:31:13 Nov 26 06:31:13 <sturles> dw1: Blockchains are open. Anyone can monitor transactions.
<sturles> dw1: Blockchains are open. Anyone can monitor transactions.
Nov 26 06:31:28 <lte-13[m]> UASF? LOL
Nov 26 06:31:28 <lte-13[m]> UASF? LOL
Nov 26 06:31:28 Nov 26 06:31:28 <dw1> yeah how aobut ip addresses
<dw1> yeah how aobut ip addresses
Nov 26 06:31:32 Nov 26 06:31:32 <booyah> lte-13[m]: BCH is piece of shit, no one uses that
<booyah> lte-13[m]: BCH is piece of shit, no one uses that
Nov 26 06:31:38 <dw1> FBI all up in your sidechain
Nov 26 06:31:38 <dw1> FBI all up in your sidechain
Nov 26 06:31:41 <lte-13[m]> You mean when people actually forked off from the SegShit-chain
Nov 26 06:31:41 <lte-13[m]> You mean when people actually forked off from the SegShit-chain
Nov 26 06:31:48 Nov 26 06:31:48 <sturles> The UASF activated successfully.
<sturles> The UASF activated successfully.
Nov 26 06:31:51 <lte-13[m]> Why are you even here then? lol
Nov 26 06:31:51 <lte-13[m]> Why are you even here then? lol
Nov 26 06:31:52 Nov 26 06:31:52 <booyah> lte-13[m]: yes UASF, or what you think that failed B2X supershit did it? :D that's even bigger failure then bcash
<booyah> lte-13[m]: yes UASF, or what you think that failed B2X supershit did it? :D that's even bigger failure then bcash
Nov 26 06:31:59 Nov 26 06:31:59 <lte-13[m]> Theres like 3 trolls here for every supporter
<lte-13[m]> Theres like 3 trolls here for every supporter
Nov 26 06:32:09 Nov 26 06:32:09 <dw1> 'cause they're narcissists who can't stand losing control
<dw1> 'cause they're narcissists who can't stand losing control
Nov 26 06:32:11 Nov 26 06:32:11 <booyah> lte-13[m]: to lol at people giving away all financial security and freedom
<booyah> lte-13[m]: to lol at people giving away all financial security and freedom
Nov 26 06:32:20 * scar45|znc is now known as scar45
Nov 26 06:32:20 * scar45|znc is now known as scar45
Nov 26 06:32:29 Nov 26 06:32:29 <booyah> by giving up on validating own blockchain, when fake satoshi will move to 1 gigabyte blocks on BCH
<booyah> by giving up on validating own blockchain, when fake satoshi will move to 1 gigabyte blocks on BCH
Nov 26 06:32:37 Nov 26 06:32:37 <lte-13[m]> B-b-but muh raspberry pi node
<lte-13[m]> B-b-but muh raspberry pi node
Nov 26 06:32:40 <booyah> ye
Nov 26 06:32:40 <booyah> ye
Nov 26 06:32:52 <booyah> and with 1 GBit blocks no PC will handle them
Nov 26 06:32:52 <booyah> and with 1 GBit blocks no PC will handle them
Nov 26 06:32:56 Nov 26 06:32:56 <dw1> it's hard to treat
<dw1> it's hard to treat
Nov 26 06:32:59 Nov 26 06:32:59 <lte-13[m]> If you cant run a full node on a pentium II
<lte-13[m]> If you cant run a full node on a pentium II
Nov 26 06:33:06 Nov 26 06:33:06 <booyah> also now even 1 MB blocks are too big to use on my 4 core
<booyah> also now even 1 MB blocks are too big to use on my 4 core
Nov 26 06:33:09 <booyah> intel
Nov 26 06:33:09 <booyah> intel
Nov 26 06:33:11 Nov 26 06:33:11 <lte-13[m]> The coin is a centralized shitcoin
<lte-13[m]> The coin is a centralized shitcoin
Nov 26 06:33:13 Nov 26 06:33:13 <booyah> because download size
<booyah> because download size
Nov 26 06:33:26 Nov 26 06:33:26 <lte-13[m]> Oh also, average bitcoi nfee probably costs more then the node itself ROFL
<lte-13[m]> Oh also, average bitcoi nfee probably costs more then the node itself ROFL
Nov 26 06:33:29 <dw1> when they were little their mom and/or dad didn't validate their feelings
Nov 26 06:33:29 <dw1> when they were little their mom and/or dad didn't validate their feelings
Nov 26 06:33:32 Nov 26 06:33:32 <booyah> (well not me personally, but my friend on more shitty connection)
<booyah> (well not me personally, but my friend on more shitty connection)
Nov 26 06:33:47 Nov 26 06:33:47 <booyah> no on wants to wait few months to download chain, when tehy're are on a 30 gb /month data plan
<booyah> no on wants to wait few months to download chain, when tehy're are on a 30 gb /month data plan
Nov 26 06:33:53 Nov 26 06:33:53 <lte-13[m]> The top minds of Greg Fatsmell and Luke DashJr
<lte-13[m]> The top minds of Greg Fatsmell and Luke DashJr
Nov 26 06:34:01 Nov 26 06:34:01 <dw1> so now they go through life continually seeking narcissistic supply
<dw1> so now they go through life continually seeking narcissistic supply
Nov 26 06:34:04 Nov 26 06:34:04 <booyah> and with BCH, the problem will be x8 worse, and then x1000 worse
<booyah> and with BCH, the problem will be x8 worse, and then x1000 worse
Nov 26 06:34:07 Nov 26 06:34:07 <dw1> basically any attention, negative or positive
<dw1> basically any attention, negative or positive
Nov 26 06:34:12 Nov 26 06:34:12 <Megumiin> dw1: I like how you continually have to scrape the bottom of the barrel with personal insults instead of actually debating
<Megumiin> dw1: I like how you continually have to scrape the bottom of the barrel with personal insults instead of actually debating
Nov 26 06:34:20 Nov 26 06:34:20 <lte-13[m]> dw1 : Its just humans
<lte-13[m]> dw1 : Its just humans
Nov 26 06:34:21 Nov 26 06:34:21 <dw1> it's an objective analysis bro
<dw1> it's an objective analysis bro
Nov 26 06:34:44 Nov 26 06:34:44 <dw1> and see, they always blame others
<dw1> and see, they always blame others
Nov 26 06:34:52 Nov 26 06:34:52 <dw1> because they have no fault of their own
<dw1> because they have no fault of their own
Nov 26 06:34:54 Nov 26 06:34:54 <dw1> they cant recognize it
<dw1> they cant recognize it
Nov 26 06:34:57 Nov 26 06:34:57 <booyah> Megumiin: people who use logic or reasoning, already choose to not use BCash, so it's simply a negative natural selection thing ;)
<booyah> Megumiin: people who use logic or reasoning, already choose to not use BCash, so it's simply a negative natural selection thing ;)
Nov 26 06:35:07 Nov 26 06:35:07 <dw1> they are unable to see their own faults
<dw1> they are unable to see their own faults
Nov 26 06:35:11 Nov 26 06:35:11 <lte-13[m]> Good luck with Bcore
<lte-13[m]> Good luck with Bcore
Nov 26 06:35:24 <Megumiin> booyah: I'm pretty sure dw1 is just a troll
Nov 26 06:35:24 <Megumiin> booyah: I'm pretty sure dw1 is just a troll
Nov 26 06:35:29 Nov 26 06:35:29 <booyah> lte-13[m]: thanks, we just reached over nineeeee thousaaaaaand
<booyah> lte-13[m]: thanks, we just reached over nineeeee thousaaaaaand
Nov 26 06:35:38 Nov 26 06:35:38 <lte-13[m]> BCore 1MB UASF NO2X SegWit-Coin
<lte-13[m]> BCore 1MB UASF NO2X SegWit-Coin
Nov 26 06:35:39 Nov 26 06:35:39 <Megumiin> his argument are just way too hypocritical to be by accident
<Megumiin> his argument are just way too hypocritical to be by accident
Nov 26 06:35:47 Nov 26 06:35:47 <lte-13[m]> Thats what Im calling it
<lte-13[m]> Thats what Im calling it
Nov 26 06:35:59 Nov 26 06:35:59 <booyah> Megumiin: I doubt it, there are many "rebeluz" people. They are imo conspiracy nuts
<booyah> Megumiin: I doubt it, there are many "rebeluz" people. They are imo conspiracy nuts
Nov 26 06:36:16 Nov 26 06:36:16 <booyah> if you shout "AXA!!!" then they will shut off logical thinking
<booyah> if you shout "AXA!!!" then they will shut off logical thinking
Nov 26 06:36:25 Nov 26 06:36:25 <booyah> and gladly give up even the freedom of validating own coins
<booyah> and gladly give up even the freedom of validating own coins
Nov 26 06:36:53 Nov 26 06:36:53 <dw1> they need attention
<dw1> they need attention
Nov 26 06:36:59 <lte-13[m]> Bitcoin Cash gained 1.5k in like 3 months
Nov 26 06:36:59 <lte-13[m]> Bitcoin Cash gained 1.5k in like 3 months
Nov 26 06:37:00 Nov 26 06:37:00 <booyah> we had this discussion few days ago too, and we agreed with 1 Gigabyte blocks they will not run a node. But see, they can't remember any logical conclusion from it
<booyah> we had this discussion few days ago too, and we agreed with 1 Gigabyte blocks they will not run a node. But see, they can't remember any logical conclusion from it
Nov 26 06:37:02 <dw1> they need validation
Nov 26 06:37:02 <dw1> they need validation
Nov 26 06:37:13 <lte-13[m]> That took like, 7 years for bitcoin
Nov 26 06:37:13 <lte-13[m]> That took like, 7 years for bitcoin
Nov 26 06:37:16 Nov 26 06:37:16 <booyah> lte-13[m]: it lost 8500 USD per coin, compared to Bitcoin
<booyah> lte-13[m]: it lost 8500 USD per coin, compared to Bitcoin
Nov 26 06:37:17 <dw1> because they didnt receive it from their parents
Nov 26 06:37:17 <dw1> because they didnt receive it from their parents
Nov 26 06:37:27 Nov 26 06:37:27 <booyah> everyone who exchanged real BTC for BCH is a loser
<booyah> everyone who exchanged real BTC for BCH is a loser
Nov 26 06:37:29 Nov 26 06:37:29 <lte-13[m]> Or i mean
<lte-13[m]> Or i mean
Nov 26 06:37:30 Nov 26 06:37:30 <lte-13[m]> BCore 1MB UASF NO2X SegWit-Coin
<lte-13[m]> BCore 1MB UASF NO2X SegWit-Coin
Nov 26 06:37:35 Nov 26 06:37:35 <booyah> and will be unless BCH:BTC is 1:1
<booyah> and will be unless BCH:BTC is 1:1
Nov 26 06:37:40 Nov 26 06:37:40 <lte-13[m]> or no, that was bitcoin
<lte-13[m]> or no, that was bitcoin
Nov 26 06:37:45 Nov 26 06:37:45 <lte-13[m]> Kinda.
<lte-13[m]> Kinda.
Nov 26 06:37:52 Nov 26 06:37:52 <lte-13[m]> In a wa SegWit already fucked up bitcoin
<lte-13[m]> In a wa SegWit already fucked up bitcoin
Nov 26 06:38:01 Nov 26 06:38:01 <dw1> i deal with narcs all the time
<dw1> i deal with narcs all the time
Nov 26 06:38:04 Nov 26 06:38:04 <lte-13[m]> If BCH doesnt win, alts going to rule
<lte-13[m]> If BCH doesnt win, alts going to rule
Nov 26 06:38:06 Nov 26 06:38:06 <booyah> lte-13[m]: kid, the market had spoken, your shitcoin is < 17%
<booyah> lte-13[m]: kid, the market had spoken, your shitcoin is < 17%
Nov 26 06:38:15 Nov 26 06:38:15 <booyah> free market had spoken
<booyah> free market had spoken
Nov 26 06:38:17 Nov 26 06:38:17 <lte-13[m]> kek
<lte-13[m]> kek
Nov 26 06:38:26 <dw1> they just rage and rage and rage
Nov 26 06:38:26 <dw1> they just rage and rage and rage
Nov 26 06:38:28 Nov 26 06:38:28 <dw1> logic doenst work
<dw1> logic doenst work
Nov 26 06:38:38 Nov 26 06:38:38 <lte-13[m]> Dont care about market
<lte-13[m]> Dont care about market
Nov 26 06:38:46 Nov 26 06:38:46 <lte-13[m]> BTC is useless, high fees, bankster devs
<lte-13[m]> BTC is useless, high fees, bankster devs
Nov 26 06:38:56 Nov 26 06:38:56 <lte-13[m]> Slow transactions
<lte-13[m]> Slow transactions
Nov 26 06:38:59 Nov 26 06:38:59 <booyah> damn I'm so angry, just earned thousands of USD with dumping bcash, arrrrghhhhh it's so hard to get richer GOD DAMN!!!!
<booyah> damn I'm so angry, just earned thousands of USD with dumping bcash, arrrrghhhhh it's so hard to get richer GOD DAMN!!!!
Nov 26 06:39:25 Nov 26 06:39:25 <dw1> fountains of drama
<dw1> fountains of drama
Nov 26 06:39:28 Nov 26 06:39:28 <booyah> OH FUCK I HAVE TO PAY LIKE 0.5 USD from my free 5000 USD RAWRRRRRRRR
<booyah> OH FUCK I HAVE TO PAY LIKE 0.5 USD from my free 5000 USD RAWRRRRRRRR
Nov 26 06:39:30 Nov 26 06:39:30 <dw1> trying desperately to feel good about themselves
<dw1> trying desperately to feel good about themselves
Nov 26 06:39:44 Nov 26 06:39:44 <dw1> and to have you see how good they are
<dw1> and to have you see how good they are
Nov 26 06:40:05 Nov 26 06:40:05 <dw1> classic narcissism
<dw1> classic narcissism
Nov 26 06:40:09 Nov 26 06:40:09 <dw1> google it
<dw1> google it
Nov 26 06:40:15 Nov 26 06:40:15 <lte-13[m]> Cant outrun a train
<lte-13[m]> Cant outrun a train
Nov 26 06:40:41 Nov 26 06:40:41 <Megumiin> dw1: can you define narcissism for me?
<Megumiin> dw1: can you define narcissism for me?
Nov 26 06:40:56 Nov 26 06:40:56 <dw1> they cant stand being rejected
<dw1> they cant stand being rejected
Nov 26 06:41:34 Nov 26 06:41:34 <dw1> and they play all sorts of mind games to control people
<dw1> and they play all sorts of mind games to control people
Nov 26 06:41:47 Nov 26 06:41:47 <Megumiin> no quite
<Megumiin> no quite
Nov 26 06:41:50 Nov 26 06:41:50 <Megumiin> not quite
<Megumiin> not quite
Nov 26 06:41:51 <sturles> lte-13[m]: Transactions aren't slower on BTC than BCH. To get faster transactions, try Doge.
Nov 26 06:41:51 <sturles> lte-13[m]: Transactions aren't slower on BTC than BCH. To get faster transactions, try Doge.
Nov 26 06:42:07 Nov 26 06:42:07 <booyah> or just Litecoin
<booyah> or just Litecoin
Nov 26 06:42:11 <sturles> Yep.
Nov 26 06:42:11 <sturles> Yep.
Nov 26 06:42:29 Nov 26 06:42:29 <dw1> they have to kill BCH because it's a rejection that disagrees with them
<dw1> they have to kill BCH because it's a rejection that disagrees with them
Nov 26 06:42:42 Nov 26 06:42:42 <booyah> I wonder what bcashers narrative will be reduced to once Lightning network gives us 1 second transactions
<booyah> I wonder what bcashers narrative will be reduced to once Lightning network gives us 1 second transactions
Nov 26 06:42:44 Nov 26 06:42:44 <dw1> but they cannot so they will suffer
<dw1> but they cannot so they will suffer
Nov 26 06:42:50 Nov 26 06:42:50 <dw1> endlessly
<dw1> endlessly
Nov 26 06:43:00 Nov 26 06:43:00 <dw1> unless they (very rare) face the false self they have created
<dw1> unless they (very rare) face the false self they have created
Nov 26 06:43:03 Nov 26 06:43:03 <lte-13[m]> "once"
<lte-13[m]> "once"
Nov 26 06:43:05 Nov 26 06:43:05 <dw1> and all the pain they are running from
<dw1> and all the pain they are running from
Nov 26 06:43:15 Nov 26 06:43:15 <lte-13[m]> So when is that happening?
<lte-13[m]> So when is that happening?
Nov 26 06:43:26 Nov 26 06:43:26 <lte-13[m]> And why does it solve off-chain scalin better than ethereum?
<lte-13[m]> And why does it solve off-chain scalin better than ethereum?
Nov 26 06:43:35 Nov 26 06:43:35 <booyah> lte-13[m]: half time from now compared to flippening
<booyah> lte-13[m]: half time from now compared to flippening
Nov 26 06:43:51 Nov 26 06:43:51 <lte-13[m]> Ethereum adjustable blocksize is superior in comparison
<lte-13[m]> Ethereum adjustable blocksize is superior in comparison
Nov 26 06:43:54 Nov 26 06:43:54 <lte-13[m]> On-chain scaling? Not as much, because it gives other incentives
<lte-13[m]> On-chain scaling? Not as much, because it gives other incentives
Nov 26 06:44:03 Nov 26 06:44:03 <lte-13[m]> And guess what? Satoshi already solved scaling in 2008.
<lte-13[m]> And guess what? Satoshi already solved scaling in 2008.
Nov 26 06:44:05 Nov 26 06:44:05 <dw1> they only want validation and worship
<dw1> they only want validation and worship
Nov 26 06:44:08 Nov 26 06:44:08 <dw1> nothing else satisfies
<dw1> nothing else satisfies
Nov 26 06:44:09 Nov 26 06:44:09 <booyah> Bitcoin Core <3 and LN teams are smarter, and do not give nonsense deadlines like "flippening this week"
<booyah> Bitcoin Core <3 and LN teams are smarter, and do not give nonsense deadlines like "flippening this week"
Nov 26 06:44:11 Nov 26 06:44:11 <Megumiin> ok lte-13[m], if you actually want a quick summary of how LN scales better
<Megumiin> ok lte-13[m], if you actually want a quick summary of how LN scales better
Nov 26 06:44:11 Nov 26 06:44:11 <lte-13[m]> Just raise the blocksize.
<lte-13[m]> Just raise the blocksize.
Nov 26 06:44:13 Nov 26 06:44:13 <booyah> DRAGON SLAYER THIS WEEK EVERYONE
<booyah> DRAGON SLAYER THIS WEEK EVERYONE
Nov 26 06:44:15 Nov 26 06:44:15 <lte-13[m]> Its that easy.
<lte-13[m]> Its that easy.
Nov 26 06:44:16 Nov 26 06:44:16 <Megumiin> I'll gladly explain it
<Megumiin> I'll gladly explain it
Nov 26 06:44:18 Nov 26 06:44:18 <booyah> and then look again like idiots
<booyah> and then look again like idiots
Nov 26 06:44:21 Nov 26 06:44:21 <Megumiin> lte-13[m]: would you like me to?
<Megumiin> lte-13[m]: would you like me to?
Nov 26 06:44:26 Nov 26 06:44:26 <lte-13[m]> Just remember to thank Greg Maxwell, for scamming you.
<lte-13[m]> Just remember to thank Greg Maxwell, for scamming you.
Nov 26 06:44:33 Nov 26 06:44:33 <dw1> they gaslight, twist facts
<dw1> they gaslight, twist facts
Nov 26 06:44:38 Nov 26 06:44:38 <dw1> it's rage
<dw1> it's rage
Nov 26 06:44:39 Nov 26 06:44:39 <booyah> T = -2 days to operation dragon slayer, BCH back to 0.17 :D
<booyah> T = -2 days to operation dragon slayer, BCH back to 0.17 :D
Nov 26 06:45:00 <booyah> dw1: why dragon slayer failed?
Nov 26 06:45:00 <booyah> dw1: why dragon slayer failed?
Nov 26 06:45:01 Nov 26 06:45:01 <lte-13[m]> Operation Dragonslayer will take a mont
<lte-13[m]> Operation Dragonslayer will take a mont
Nov 26 06:45:07 <Megumiin> lte-13[m]: you made an honest question, about how LN scales better than eth, do you want that answer?
Nov 26 06:45:07 <Megumiin> lte-13[m]: you made an honest question, about how LN scales better than eth, do you want that answer?
Nov 26 06:45:12 Nov 26 06:45:12 <dw1> anything for a reaction to feed them narcissistic supply
<dw1> anything for a reaction to feed them narcissistic supply
Nov 26 06:45:19 Nov 26 06:45:19 <lte-13[m]> BTC difficulty will be completely rekt from now until next retarget
<lte-13[m]> BTC difficulty will be completely rekt from now until next retarget
Nov 26 06:45:34 Nov 26 06:45:34 <Megumiin> lte-13[m]: not with BCHs new DAA
<Megumiin> lte-13[m]: not with BCHs new DAA
Nov 26 06:45:41 Nov 26 06:45:41 <lte-13[m]> ETH scales better than any shitty bitcoin solution, period
<lte-13[m]> ETH scales better than any shitty bitcoin solution, period
Nov 26 06:45:54 Nov 26 06:45:54 <Megumiin> lte-13[m]: no, eth doesn't scale at all
<Megumiin> lte-13[m]: no, eth doesn't scale at all
Nov 26 06:45:58 <lte-13[m]> Bitcoins whole point is onchain scaling
Nov 26 06:45:58 <lte-13[m]> Bitcoins whole point is onchain scaling
Nov 26 06:46:04 <lte-13[m]> rofl, yes it does
Nov 26 06:46:04 <lte-13[m]> rofl, yes it does
Nov 26 06:46:12 Nov 26 06:46:12 <lte-13[m]> It is even more effective than bitcoin
<lte-13[m]> It is even more effective than bitcoin
Nov 26 06:46:18 Nov 26 06:46:18 <booyah> lte-13[m]: since BTC is used as stellemen layers, and to buy cars, houses, not coffee, we will never get diff problems. in worst case the 10-100 usd fees will push a block no matter the "normal" profibality
<booyah> lte-13[m]: since BTC is used as stellemen layers, and to buy cars, houses, not coffee, we will never get diff problems. in worst case the 10-100 usd fees will push a block no matter the "normal" profibality
Nov 26 06:46:35 Nov 26 06:46:35 <booyah> I gladly can pay 100 usd when buying house
<booyah> I gladly can pay 100 usd when buying house
Nov 26 06:46:36 Nov 26 06:46:36 <Megumiin> lte-13[m]: scaling is fitting more tx's into the same or smaller space
<Megumiin> lte-13[m]: scaling is fitting more tx's into the same or smaller space
Nov 26 06:46:39 Nov 26 06:46:39 <Megumiin> not increasing the space
<Megumiin> not increasing the space
Nov 26 06:46:59 Nov 26 06:46:59 <Megumiin> scaling is being able to remove redundant transactions that happen in the inbetween states of LN channels
<Megumiin> scaling is being able to remove redundant transactions that happen in the inbetween states of LN channels
Nov 26 06:47:16 Nov 26 06:47:16 <sturles> lte-13[m]: Satoshi didn't solve scaling. He had to put a cap on the blocksize, because there were more transactions than the software could handle.
<sturles> lte-13[m]: Satoshi didn't solve scaling. He had to put a cap on the blocksize, because there were more transactions than the software could handle.
Nov 26 06:47:20 Nov 26 06:47:20 <lte-13[m]> The ethereum block size
<lte-13[m]> The ethereum block size
Nov 26 06:47:21 <lte-13[m]> increases if it starts getting full, and decreases if it starts getting empty.
Nov 26 06:47:21 <lte-13[m]> increases if it starts getting full, and decreases if it starts getting empty.
Nov 26 06:47:28 <Megumiin> scaling is being able to use schnorr signatures to reduce the total size of singnatures
Nov 26 06:47:28 <Megumiin> scaling is being able to use schnorr signatures to reduce the total size of singnatures
Nov 26 06:47:30 Nov 26 06:47:30 <lte-13[m]> Yes he did.
<lte-13[m]> Yes he did.
Nov 26 06:47:34 Nov 26 06:47:34 <lte-13[m]> READ
<lte-13[m]> READ
Nov 26 06:48:08 Nov 26 06:48:08 <Megumiin> lte-13[m]: if 1MB was an issue when satoshi added it, why isn't it now?
<Megumiin> lte-13[m]: if 1MB was an issue when satoshi added it, why isn't it now?
Nov 26 06:48:09 Nov 26 06:48:09 <lte-13[m]> “At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware.” – 2008. – URL.
<lte-13[m]> “At first, most users would run network nodes, but as the network grows beyond a certain point, it would be left more and more to specialists with server farms of specialized hardware.” – 2008. – URL.
Nov 26 06:48:09 Nov 26 06:48:09 <lte-13[m]> “At equilibrium size, many nodes will be server farms with one or two network nodes that feed the rest of the farm over a LAN.” – 2010. – URL.
<lte-13[m]> “At equilibrium size, many nodes will be server farms with one or two network nodes that feed the rest of the farm over a LAN.” – 2010. – URL.
Nov 26 06:48:10 <lte-13[m]> “The design supports letting users just be users. The more burden it is to run a node, the fewer nodes there will be. Those few nodes will be big server farms. The rest will be client nodes that only do transactions and don’t generate.” – 2010. – URL.
Nov 26 06:48:10 <lte-13[m]> “The design supports letting users just be users. The more burden it is to run a node, the fewer nodes there will be. Those few nodes will be big server farms. The rest will be client nodes that only do transactions and don’t generate.” – 2010. – URL.
Nov 26 06:48:18 <sturles> I have read the paper, but I have also been actively involved in the community since before Satoshi left.
Nov 26 06:48:18 <sturles> I have read the paper, but I have also been actively involved in the community since before Satoshi left.
Nov 26 06:48:46 Nov 26 06:48:46 <lte-13[m]> Its so fucking simple its unbelievable people let Blockstream scam them
<lte-13[m]> Its so fucking simple its unbelievable people let Blockstream scam them
Nov 26 06:48:46 Nov 26 06:48:46 <lte-13[m]> Insane
<lte-13[m]> Insane
Nov 26 06:49:23 Nov 26 06:49:23 <sturles> You seem do be obsessed with Blockstream. Is this some kind of conspiracy theory?
<sturles> You seem do be obsessed with Blockstream. Is this some kind of conspiracy theory?
Nov 26 06:49:24 <dw1> https://en.wikipedia.org/wiki/Narcissistic_abuse#Adult-to-adult_relationships
Nov 26 06:49:24 <dw1> https://en.wikipedia.org/wiki/Narcissistic_abuse#Adult-to-adult_relationships
Nov 26 06:49:41 Nov 26 06:49:41 <lte-13[m]> Fuck off
<lte-13[m]> Fuck off
Nov 26 06:49:50 Nov 26 06:49:50 <lte-13[m]> No point, good luck
<lte-13[m]> No point, good luck
Nov 26 06:49:52 Nov 26 06:49:52 <booyah> sturles: me too, high-five old timer o/
<booyah> sturles: me too, high-five old timer o/
Nov 26 06:50:02 <sturles> \o
Nov 26 06:50:02 <sturles> \o
Nov 26 06:50:15 <lte-13[m]> btw if this was rbitcoin
Nov 26 06:50:15 <lte-13[m]> btw if this was rbitcoin
Nov 26 06:50:16 Nov 26 06:50:16 <booyah> sturles: we were kungz. there should be a club for almost-been-millionares xd
<booyah> sturles: we were kungz. there should be a club for almost-been-millionares xd
Nov 26 06:50:16 Nov 26 06:50:16 <lte-13[m]> You wouldve been banned
<lte-13[m]> You wouldve been banned
Nov 26 06:50:17 Nov 26 06:50:17 <lte-13[m]> Hahaha
<lte-13[m]> Hahaha
Nov 26 06:50:26 Nov 26 06:50:26 <dw1> yea they can dish it but not take it
<dw1> yea they can dish it but not take it
Nov 26 06:50:50 Nov 26 06:50:50 <dw1> at least they can have uncensored chat in the cash channel
<dw1> at least they can have uncensored chat in the cash channel
Nov 26 06:50:57 Nov 26 06:50:57 <booyah> lte-13[m]: we are not scammed, we want small blocks
<booyah> lte-13[m]: we are not scammed, we want small blocks
Nov 26 06:51:14 Nov 26 06:51:14 <dw1> no you want to be triggered
<dw1> no you want to be triggered
Nov 26 06:51:17 Nov 26 06:51:17 <booyah> because we know arguments of both sides, we understand them, and we decided small blocks have more adventages
<booyah> because we know arguments of both sides, we understand them, and we decided small blocks have more adventages
Nov 26 06:51:19 Nov 26 06:51:19 <dw1> that's why you come to big block land
<dw1> that's why you come to big block land
Nov 26 06:51:30 Nov 26 06:51:30 <booyah> you seem to not understand, or ignore, pro small blocks arguments
<booyah> you seem to not understand, or ignore, pro small blocks arguments
Nov 26 06:51:38 Nov 26 06:51:38 <lte-13[m]> lol
<lte-13[m]> lol
Nov 26 06:51:46 Nov 26 06:51:46 <booyah> and fill in space with conspiracy theories
<booyah> and fill in space with conspiracy theories
Nov 26 06:51:46 Nov 26 06:51:46 <lte-13[m]> What arguments
<lte-13[m]> What arguments
Nov 26 06:51:52 <dw1> my god a man has a contrary opinion
Nov 26 06:51:52 <dw1> my god a man has a contrary opinion
Nov 26 06:51:55 <lte-13[m]> I jsut told u
Nov 26 06:51:55 <lte-13[m]> I jsut told u
Nov 26 06:51:56 Nov 26 06:51:56 <dw1> alert alert
<dw1> alert alert
Nov 26 06:52:02 Nov 26 06:52:02 <lte-13[m]> THe reason BVCH is superior
<lte-13[m]> THe reason BVCH is superior
Nov 26 06:52:05 Nov 26 06:52:05 <lte-13[m]> You just went salty
<lte-13[m]> You just went salty
Nov 26 06:52:09 <sturles> Bitcoin has trippled in value since the UASF.
Nov 26 06:52:09 <sturles> Bitcoin has trippled in value since the UASF.
Nov 26 06:52:10 Nov 26 06:52:10 <booyah> lte-13[m]: we want to validate own blocks fully, without waiting to download 1 tb of data in few years
<booyah> lte-13[m]: we want to validate own blocks fully, without waiting to download 1 tb of data in few years
Nov 26 06:52:19 Nov 26 06:52:19 <Megumiin> lte-13[m]: do you seriously see zero benefits in smalelr blocks?
<Megumiin> lte-13[m]: do you seriously see zero benefits in smalelr blocks?
Nov 26 06:52:23 Nov 26 06:52:23 <lte-13[m]> Moores law
<lte-13[m]> Moores law
Nov 26 06:52:25 Nov 26 06:52:25 <dw1> arguments just harden both sides
<dw1> arguments just harden both sides
Nov 26 06:52:37 Nov 26 06:52:37 <dw1> derp
<dw1> derp
Nov 26 06:52:45 Nov 26 06:52:45 <dw1> learn life
<dw1> learn life
Nov 26 06:53:01 Nov 26 06:53:01 <booyah> lte-13[m]: moore's law does not work apparently, most people still have not enough network bw to comfortable download
<booyah> lte-13[m]: moore's law does not work apparently, most people still have not enough network bw to comfortable download
Nov 26 06:53:06 Nov 26 06:53:06 <lte-13[m]> What do you suggest dw1
<lte-13[m]> What do you suggest dw1
Nov 26 06:53:12 Nov 26 06:53:12 <dw1> no contact
<dw1> no contact
Nov 26 06:53:12 Nov 26 06:53:12 <lte-13[m]> moore's law does not work apparently, < top kek
<lte-13[m]> moore's law does not work apparently, < top kek
Nov 26 06:53:19 Nov 26 06:53:19 <lte-13[m]> Top min ds.
<lte-13[m]> Top min ds.
Nov 26 06:53:31 Nov 26 06:53:31 <Megumiin> lte-13[m]: moore's law only works if you don't outpace it
<Megumiin> lte-13[m]: moore's law only works if you don't outpace it
Nov 26 06:53:42 Nov 26 06:53:42 <booyah> it's evident it doesn't, network speed is not growing that fast
<booyah> it's evident it doesn't, network speed is not growing that fast
Nov 26 06:53:47 <booyah> also cpu speed
Nov 26 06:53:47 <booyah> also cpu speed
Nov 26 06:53:58 Nov 26 06:53:58 <booyah> also even if it would, then you forget that blockchain keeps growing
<booyah> also even if it would, then you forget that blockchain keeps growing
Nov 26 06:54:15 Nov 26 06:54:15 <dw1> disarming phrases are good too
<dw1> disarming phrases are good too
Nov 26 06:54:20 Nov 26 06:54:20 <dw1> like.. i guess ill have to accept how you feel
<dw1> like.. i guess ill have to accept how you feel
Nov 26 06:54:28 Nov 26 06:54:28 <dw1> or .. your anger isn't my responsibility
<dw1> or .. your anger isn't my responsibility
Nov 26 06:54:33 Nov 26 06:54:33 <booyah> if btc chain would stay at 50 GB, then yeah eventually it would be easy to download for 95% of population, in like 2025
<booyah> if btc chain would stay at 50 GB, then yeah eventually it would be easy to download for 95% of population, in like 2025
Nov 26 06:54:39 Nov 26 06:54:39 <lte-13[m]> You just said Moores law doesnt work
<lte-13[m]> You just said Moores law doesnt work
Nov 26 06:54:44 Nov 26 06:54:44 <dw1> or i'm sorry you feel that way
<dw1> or i'm sorry you feel that way
Nov 26 06:54:48 <booyah> but it will be 500 GB by then. or like 2000 GB on BCH
Nov 26 06:54:48 <booyah> but it will be 500 GB by then. or like 2000 GB on BCH
Nov 26 06:54:54 <lte-13[m]> Im waiting for your 100 page scientificepaper on why it doesnt
Nov 26 06:54:54 <lte-13[m]> Im waiting for your 100 page scientificepaper on why it doesnt
Nov 26 06:54:56 <lte-13[m]> Fucking lol
Nov 26 06:54:56 <lte-13[m]> Fucking lol
Nov 26 06:55:02 Nov 26 06:55:02 <booyah> (if BCH would get traction... so far BCH chain is SMALLER lol)
<booyah> (if BCH would get traction... so far BCH chain is SMALLER lol)
Nov 26 06:55:11 Nov 26 06:55:11 <dw1> or.. i have no right to control how you see me
<dw1> or.. i have no right to control how you see me
Nov 26 06:55:35 Nov 26 06:55:35 <dw1> that hurts narcs
<dw1> that hurts narcs
Nov 26 06:55:46 Nov 26 06:55:46 <booyah> this conversation is why everyon looks at bcashers as at screaming kids. Much words, no facts
<booyah> this conversation is why everyon looks at bcashers as at screaming kids. Much words, no facts
Nov 26 06:55:48 Nov 26 06:55:48 <dw1> because they lose their power
<dw1> because they lose their power
Nov 26 06:55:57 Nov 26 06:55:57 <lte-13[m]> dw1: I think you have an obsesssion about narcs
<lte-13[m]> dw1: I think you have an obsesssion about narcs
Nov 26 06:55:58 Nov 26 06:55:58 <sturles> My home network can't handle 1 GB blocks. The maximum I can get is 6 mbit/s.
<sturles> My home network can't handle 1 GB blocks. The maximum I can get is 6 mbit/s.
Nov 26 06:56:00 Nov 26 06:56:00 <dw1> and you stop being their supply
<dw1> and you stop being their supply
Nov 26 06:56:07 Nov 26 06:56:07 <dw1> yeah i do i deal with them a lot
<dw1> yeah i do i deal with them a lot
Nov 26 06:56:26 <booyah> dw1: in mirror?
Nov 26 06:56:26 <booyah> dw1: in mirror?
Nov 26 06:56:32 <sturles> None of my computers have CPU power to handle it either.
Nov 26 06:56:32 <sturles> None of my computers have CPU power to handle it either.
Nov 26 06:56:40 Nov 26 06:56:40 <dw1> i often consider it booyah
<dw1> i often consider it booyah
Nov 26 06:56:41 <dw1> unlike a narc
Nov 26 06:56:41 <dw1> unlike a narc
Nov 26 06:57:00 <dw1> they wont ever find fault with themselves
Nov 26 06:57:00 <dw1> they wont ever find fault with themselves
Nov 26 06:57:06 Nov 26 06:57:06 <booyah> my comp can handle it, but the few days wait is annoying. Now imagine it being few weeks thanks to BCH
<booyah> my comp can handle it, but the few days wait is annoying. Now imagine it being few weeks thanks to BCH
Nov 26 06:57:22 Nov 26 06:57:22 <booyah> and then few years thanks to 1 gigabyte since that is what BCH plans to do in future. Insane
<booyah> and then few years thanks to 1 gigabyte since that is what BCH plans to do in future. Insane
Nov 26 06:57:25 Nov 26 06:57:25 <Megumiin> dw1: but I would like to apologize for ruining your echo chamber, new users might now get a bit of both sides of the table isntead of just yours
<Megumiin> dw1: but I would like to apologize for ruining your echo chamber, new users might now get a bit of both sides of the table isntead of just yours
Nov 26 06:57:29 Nov 26 06:57:29 <Megumiin> isnt that what you hate the most?
<Megumiin> isnt that what you hate the most?
Nov 26 06:57:47 Nov 26 06:57:47 <dw1> not at all
<dw1> not at all
Nov 26 06:58:12 Nov 26 06:58:12 <Megumiin> good, then I'm sure you don't mind me sticking around
<Megumiin> good, then I'm sure you don't mind me sticking around
Nov 26 06:58:33 Nov 26 06:58:33 <Megumiin> so please stop with the name calling and we can both be civil
<Megumiin> so please stop with the name calling and we can both be civil
Nov 26 07:00:00 Nov 26 07:00:00 * dw1 ignores the narcs
* dw1 ignores the narcs
Nov 26 07:00:10 Nov 26 07:00:10 <dw1> no contact
<dw1> no contact
Nov 26 07:00:35 Nov 26 07:00:35 <dw1> have fun desperately trying to gain validation
<dw1> have fun desperately trying to gain validation
Nov 26 07:00:53 Nov 26 07:00:53 <booyah> I get 144 validations a day, unlike BCashers :]
<booyah> I get 144 validations a day, unlike BCashers :]
Nov 26 07:01:26 Nov 26 07:01:26 <booyah> BTC - trust but verify. BCH - trust miners, goim
<booyah> BTC - trust but verify. BCH - trust miners, goim
Nov 26 07:01:45 <dw1> tired of the gaslighting and abuse
Nov 26 07:01:45 <dw1> tired of the gaslighting and abuse
Nov 26 07:01:57 <dw1> peace at last
Nov 26 07:01:57 <dw1> peace at last
Nov 26 07:02:01 Nov 26 07:02:01 <booyah> lte-13[m]: no paper needed. downloading blockchain on typical computer gets slower and slower each year, not faster.
<booyah> lte-13[m]: no paper needed. downloading blockchain on typical computer gets slower and slower each year, not faster.
Nov 26 07:14:18 Nov 26 07:14:18 <dw1> https://i.imgur.com/8mOepqp.jpg
<dw1> https://i.imgur.com/8mOepqp.jpg
Nov 26 07:14:58 <dw1> https://i.imgur.com/lMOyJzk.jpg
Nov 26 07:14:58 <dw1> https://i.imgur.com/lMOyJzk.jpg
Nov 26 07:15:25 Nov 26 07:15:25 <dw1> making these is somewhat amusing
<dw1> making these is somewhat amusing
Nov 26 07:16:20 Nov 26 07:16:20 <sturles> Eh? What was that about? I made enough money from selling my BCH to buy a Model X and a normal wage for several years.
<sturles> Eh? What was that about? I made enough money from selling my BCH to buy a Model X and a normal wage for several years.
Nov 26 07:16:44 <dw1> t-shirts for sale :D https://teespring.com/bitcoin-cash-green-tee
Nov 26 07:16:44 <dw1> t-shirts for sale :D https://teespring.com/bitcoin-cash-green-tee
Nov 26 07:16:45 Nov 26 07:16:45 <sturles> Sold at 0.2
<sturles> Sold at 0.2
Nov 26 07:17:19 Nov 26 07:17:19 <sturles> And my BTC has trippled in value since then, thanks to segwit and the UASF.
<sturles> And my BTC has trippled in value since then, thanks to segwit and the UASF.
Nov 26 07:17:37 <dw1> should work on my BCH blog
Nov 26 07:17:37 <dw1> should work on my BCH blog
Nov 26 07:18:31 Nov 26 07:18:31 <dw1> would prob get a bunch of traffic
<dw1> would prob get a bunch of traffic
Nov 26 07:18:34 <booyah> dw1: this memes make no sense, we made lots of money, BTC is best then ever, no one gives about buying coffee, prive, hashrate all are excelent. And we prefer not-terrible initial sync time, that get's us to be the sound money of future, while BCH gives up on this
Nov 26 07:18:34 <booyah> dw1: this memes make no sense, we made lots of money, BTC is best then ever, no one gives about buying coffee, prive, hashrate all are excelent. And we prefer not-terrible initial sync time, that get's us to be the sound money of future, while BCH gives up on this
Nov 26 07:18:46 Nov 26 07:18:46 <dw1> adsense ad profits > buy more BCH
<dw1> adsense ad profits > buy more BCH
Nov 26 07:19:24 Nov 26 07:19:24 <sturles> dw1: I have more for sale, if the price is interesting.
<sturles> dw1: I have more for sale, if the price is interesting.
Nov 26 07:20:26 <booyah> sturles: Im counting on next pump to touch 0.25
Nov 26 07:20:26 <booyah> sturles: Im counting on next pump to touch 0.25
Nov 26 07:23:47 Nov 26 07:23:47 <dw1> store of value fail https://pbs.twimg.com/media/DPh0S38XkAA2fOj.jpg
<dw1> store of value fail https://pbs.twimg.com/media/DPh0S38XkAA2fOj.jpg
Nov 26 07:24:39 <Shigufurido> so when is that dragon slaying event that BTC will fall?
Nov 26 07:24:39 <Shigufurido> so when is that dragon slaying event that BTC will fall?
Nov 26 07:25:04 Nov 26 07:25:04 <dw1> lol it was just a conspiracy theory
<dw1> lol it was just a conspiracy theory
Nov 26 07:25:07 Nov 26 07:25:07 <dw1> troll ignored
<dw1> troll ignored
Nov 26 07:27:38 Nov 26 07:27:38 <dw1> BCH will achieve everything BTC has but much faster
<dw1> BCH will achieve everything BTC has but much faster
Nov 26 07:29:10 Nov 26 07:29:10 <dw1> "Just watched a guy on a bike in the Mission offer a homeless man BCH.
<dw1> "Just watched a guy on a bike in the Mission offer a homeless man BCH.
Nov 26 07:30:37 Nov 26 07:30:37 <dw1> https://twitter.com/OnWindowly/status/934652063883018240
<dw1> https://twitter.com/OnWindowly/status/934652063883018240
Nov 26 07:31:35 Nov 26 07:31:35 <sturles> booyah: I am holding my last BCH for 0.5.
<sturles> booyah: I am holding my last BCH for 0.5.
Nov 26 07:32:24 Nov 26 07:32:24 <dw1> 30 day gains: BTC 48% ETH 58% BCH 381 % !
<dw1> 30 day gains: BTC 48% ETH 58% BCH 381 % !
Nov 26 07:34:11 Nov 26 07:34:11 <sturles> booyah: Still, I may sell before January 1st, when Coinbase release BCH to their customers.
<sturles> booyah: Still, I may sell before January 1st, when Coinbase release BCH to their customers.
Nov 26 07:37:40 Nov 26 07:37:40 <dw1> omg Ashton Kutcher liked my comment https://i.imgur.com/wHenBUX.jpg
<dw1> omg Ashton Kutcher liked my comment https://i.imgur.com/wHenBUX.jpg
Nov 26 07:37:42 Nov 26 07:37:42 <dw1> lol
<dw1> lol
Nov 26 07:38:00 Nov 26 07:38:00 <dw1> he posted a pic of heavy traffic
<dw1> he posted a pic of heavy traffic
Nov 26 07:38:54 Nov 26 07:38:54 <dw1> hopefully he makes a post :D
<dw1> hopefully he makes a post :D
Nov 26 07:44:57 Nov 26 07:44:57 <booyah> sturles: I think if they could pump it above 0.30 then they would had already
<booyah> sturles: I think if they could pump it above 0.30 then they would had already
Nov 26 07:45:27 Nov 26 07:45:27 <booyah> there is finie amount of billionares Ver can cone. also, once LN or good channels are out, it's done
<booyah> there is finie amount of billionares Ver can cone. also, once LN or good channels are out, it's done
Nov 26 07:54:41 Nov 26 07:54:41 <sturles> Who is Ashton Kutcher?
<sturles> Who is Ashton Kutcher?
Nov 26 07:55:59 Nov 26 07:55:59 <sturles> Ah. Some male model.
<sturles> Ah. Some male model.
Nov 26 07:56:18 <Megumiin> booyah: they pumped it to 0.50 for a very short period of time
Nov 26 07:56:18 <Megumiin> booyah: they pumped it to 0.50 for a very short period of time
Nov 26 07:58:47 Nov 26 07:58:47 <booyah> Megumiin: recently?
<booyah> Megumiin: recently?
Nov 26 07:59:18 Nov 26 07:59:18 <Megumiin> on the 12th
<Megumiin> on the 12th
Nov 26 07:59:25 Nov 26 07:59:25 <Megumiin> which isnt that recent by bitcoin standards
<Megumiin> which isnt that recent by bitcoin standards
Nov 26 07:59:33 Nov 26 07:59:33 <sturles> Don't underestimate the flock of sheep following Ver. They managed to pump B2X futures to 0.25 as well, and that was an obvious scam.
<sturles> Don't underestimate the flock of sheep following Ver. They managed to pump B2X futures to 0.25 as well, and that was an obvious scam.
Nov 26 08:00:00 Nov 26 08:00:00 <Megumiin> someone bought like 2k btc worth of bch @ 0.50 on polo
<Megumiin> someone bought like 2k btc worth of bch @ 0.50 on polo
Nov 26 08:00:07 Nov 26 08:00:07 <Megumiin> that poor dumb rich sucker
<Megumiin> that poor dumb rich sucker
Nov 26 08:00:21 Nov 26 08:00:21 <booyah> lol
<booyah> lol
Nov 26 08:01:28 Nov 26 08:01:28 * dw1 the dragonslayer
* dw1 the dragonslayer
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Nov 26 08:52:07 Nov 26 08:52:07 <txter> Anyone here use the bitcoin.com wallet? Trying to import a private key into it and on their website they say there is a text field to put it in... except there is no text field there..
<txter> Anyone here use the bitcoin.com wallet? Trying to import a private key into it and on their website they say there is a text field to put it in... except there is no text field there..
Nov 26 09:02:17 Nov 26 09:02:17 <dw1> maybe it's the Import Wallet > Password field ?
<dw1> maybe it's the Import Wallet > Password field ?
Nov 26 09:02:35 Nov 26 09:02:35 <dw1> > File/Text > Password
<dw1> > File/Text > Password
Nov 26 09:03:28 Nov 26 09:03:28 <dw1> [ + ] > Import Wallet > File/Text ...
<dw1> [ + ] > Import Wallet > File/Text ...
Nov 26 09:06:57 Nov 26 09:06:57 * txter has quit (Ping timeout: 240 seconds)
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Nov 26 09:10:30 <dw1> nice they changed it to Bitcoin Core Wallet
Nov 26 09:10:30 <dw1> nice they changed it to Bitcoin Core Wallet
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Nov 26 09:12:38 <dw1> txter i found it
Nov 26 09:12:38 <dw1> txter i found it
Nov 26 09:12:52 Nov 26 09:12:52 <txter> dw1: I just flipped the priv key to a qr code and scanned it. Voila!
<txter> dw1: I just flipped the priv key to a qr code and scanned it. Voila!
Nov 26 09:12:53 Nov 26 09:12:53 <dw1> on the main screen click scan and scan private key qr code
<dw1> on the main screen click scan and scan private key qr code
Nov 26 09:12:55 Nov 26 09:12:55 <dw1> yea
<dw1> yea
Nov 26 09:13:01 Nov 26 09:13:01 <Shigufurido> dw1 is it true that bitfinex doesnt pay out US?
<Shigufurido> dw1 is it true that bitfinex doesnt pay out US?
Nov 26 09:13:04 Nov 26 09:13:04 <Shigufurido> USD?
<Shigufurido> USD?
Nov 26 09:13:19 Nov 26 09:13:19 <dw1> i like how they call it Bitcoin Core now
<dw1> i like how they call it Bitcoin Core now
Nov 26 09:13:25 Nov 26 09:13:25 <dw1> https://i.imgur.com/pFugCSI.png
<dw1> https://i.imgur.com/pFugCSI.png
Nov 26 09:14:00 Nov 26 09:14:00 <dw1> i havent used it to send anything yet because i was wary of possible fees.. didnt see a place to set them
<dw1> i havent used it to send anything yet because i was wary of possible fees.. didnt see a place to set them
Nov 26 09:14:03 Nov 26 09:14:03 <txter> I would have thought they'd use legacy hehe. But happy they don't, hoping both camps become friends at some point
<txter> I would have thought they'd use legacy hehe. But happy they don't, hoping both camps become friends at some point
Nov 26 09:14:57 <dw1> oh yea i see it
Nov 26 09:14:57 <dw1> oh yea i see it
Nov 26 09:15:05 Nov 26 09:15:05 <dw1> in Settings > Super Economy
<dw1> in Settings > Super Economy
Nov 26 09:15:39 Nov 26 09:15:39 <dw1> lol BCH is 1 sat/byte for every priority level
<dw1> lol BCH is 1 sat/byte for every priority level
Nov 26 09:15:43 <dw1> ᕕ(⌐■_■)ᕗ
Nov 26 09:15:43 <dw1> ᕕ(⌐■_■)ᕗ
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Nov 26 09:16:08 Nov 26 09:16:08 <dw1> no more messing around with those damn fee estimators and shit
<dw1> no more messing around with those damn fee estimators and shit
Nov 26 09:18:37 <dw1> https://www.youtube.com/watch?v=Pu1iH5dVavQ
Nov 26 09:18:37 <dw1> https://www.youtube.com/watch?v=Pu1iH5dVavQ
Nov 26 09:18:40 <dw1> RIP dragon
Nov 26 09:18:40 <dw1> RIP dragon
Nov 26 09:23:28 <dw1> i mean, yeah, friends
Nov 26 09:23:28 <dw1> i mean, yeah, friends
Nov 26 09:25:46 Nov 26 09:25:46 * dw1 is still bitter about the fees
* dw1 is still bitter about the fees
Nov 26 09:36:46 Nov 26 09:36:46 <dw1> damn BCH gained over 500% in the past 30 days
<dw1> damn BCH gained over 500% in the past 30 days
Nov 26 09:42:56 <txter> what are peoples view on Bitfinex as an exchange?
Nov 26 09:42:56 <txter> what are peoples view on Bitfinex as an exchange?
Nov 26 09:43:05 Nov 26 09:43:05 <Megumiin> dw1: how much did it gain in 12?
<Megumiin> dw1: how much did it gain in 12?
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Nov 26 09:52:15 <dw1> i have an account at bitfinex but haven't used it. it seems good, but some think it's going to blow up ¯\_(ツ)_/¯
Nov 26 09:52:15 <dw1> i have an account at bitfinex but haven't used it. it seems good, but some think it's going to blow up ¯\_(ツ)_/¯
Nov 26 09:52:33 Nov 26 09:52:33 <dw1> i noticed their withdrawal fees are a bit high
<dw1> i noticed their withdrawal fees are a bit high
Nov 26 09:52:49 Nov 26 09:52:49 <dw1> right now it's lagged out, can't login :/
<dw1> right now it's lagged out, can't login :/
Nov 26 09:52:56 <lte-13[m]> Bitfinex down
Nov 26 09:52:56 <lte-13[m]> Bitfinex down
Nov 26 09:52:58 Nov 26 09:52:58 <lte-13[m]> Wtf
<lte-13[m]> Wtf
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Nov 26 09:53:10 Nov 26 09:53:10 <lte-13[m]> I was checking my IOTA and theyre not in my wallet :|
<lte-13[m]> I was checking my IOTA and theyre not in my wallet :|
Nov 26 09:53:29 <dw1> the main page is barely loading
Nov 26 09:53:29 <dw1> the main page is barely loading
Nov 26 09:53:36 Nov 26 09:53:36 <lte-13[m]> Someone really should do an all-in-one hardware wallet
<lte-13[m]> Someone really should do an all-in-one hardware wallet
Nov 26 09:53:45 Nov 26 09:53:45 <lte-13[m]> So bad when you dont know where the heck you have your coins lol
<lte-13[m]> So bad when you dont know where the heck you have your coins lol
Nov 26 09:54:16 Nov 26 09:54:16 <dw1> Coinami for android supports like 100 coins from one seed phrase - i like it
<dw1> Coinami for android supports like 100 coins from one seed phrase - i like it
Nov 26 09:56:00 <dw1> wish they'd finish monero support though
Nov 26 09:56:00 <dw1> wish they'd finish monero support though
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Nov 26 10:12:49 Nov 26 10:12:49 <lte-13[m]> Dont have android tho
<lte-13[m]> Dont have android tho
Nov 26 10:12:50 Nov 26 10:12:50 <lte-13[m]> And wouldnt want a phone wallet lol
<lte-13[m]> And wouldnt want a phone wallet lol
Nov 26 10:12:53 Nov 26 10:12:53 <lte-13[m]> Easy to get hacked
<lte-13[m]> Easy to get hacked
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Nov 26 12:29:37 Nov 26 12:29:37 <booyah> another floppening - 0.16 and falling
<booyah> another floppening - 0.16 and falling
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Nov 26 13:53:18 Nov 26 13:53:18 <Shigufurido> btc 9.5k
<Shigufurido> btc 9.5k
Nov 26 13:53:25 Nov 26 13:53:25 <Shigufurido> whats going on today
<Shigufurido> whats going on today
Nov 26 13:53:54 <moriarty> Shigufurido, Coinbase added 100k new users
Nov 26 13:53:54 <moriarty> Shigufurido, Coinbase added 100k new users
Nov 26 13:54:00 <moriarty> over Thanksgiving
Nov 26 13:54:00 <moriarty> over Thanksgiving
Nov 26 13:54:03 Nov 26 13:54:03 <Shigufurido> how do they add new users?
<Shigufurido> how do they add new users?
Nov 26 13:54:10 <Shigufurido> do they make them up?
Nov 26 13:54:10 <Shigufurido> do they make them up?
Nov 26 13:54:29 Nov 26 13:54:29 <moriarty> https://www.cnbc.com/2017/11/25/bitcoin-tops-8700-to-record-high-as-coinbase-adds-100000-users.html
<moriarty> https://www.cnbc.com/2017/11/25/bitcoin-tops-8700-to-record-high-as-coinbase-adds-100000-users.html
Nov 26 13:55:37 Nov 26 13:55:37 <Shigufurido> what is a bitcoin future? i say "im gonna sell in january for 9k only! everyone buy my future!"?
<Shigufurido> what is a bitcoin future? i say "im gonna sell in january for 9k only! everyone buy my future!"?
Nov 26 13:55:45 Nov 26 13:55:45 <Shigufurido> or hwo does that work?
<Shigufurido> or hwo does that work?
Nov 26 13:57:00 Nov 26 13:57:00 <Shigufurido> lolwut mercedes offers a pickup truck now too? :D
<Shigufurido> lolwut mercedes offers a pickup truck now too? :D
Nov 26 13:57:09 <Shigufurido> i heard BMW is making one too
Nov 26 13:57:09 <Shigufurido> i heard BMW is making one too
Nov 26 13:58:53 Nov 26 13:58:53 <moriarty> lol
<moriarty> lol
Nov 26 13:59:38 Nov 26 13:59:38 <booyah> 9300
<booyah> 9300
Nov 26 13:59:45 Nov 26 13:59:45 <booyah> I should probably get more in
<booyah> I should probably get more in
Nov 26 13:59:53 <booyah> (into real Bitcoin, the one with cool high fees \o/)
Nov 26 13:59:53 <booyah> (into real Bitcoin, the one with cool high fees \o/)
Nov 26 14:00:30 Nov 26 14:00:30 <nairb> Shigufurido: yeah pretty much.
<nairb> Shigufurido: yeah pretty much.
Nov 26 14:01:03 Nov 26 14:01:03 <Shigufurido> nairb i read wikipedia and it expalins for farmers which makes sense. how does it work with exchangse and banksters play?
<Shigufurido> nairb i read wikipedia and it expalins for farmers which makes sense. how does it work with exchangse and banksters play?
Nov 26 14:01:25 <Shigufurido> its practically gambling?
Nov 26 14:01:25 <Shigufurido> its practically gambling?
Nov 26 14:02:48 Nov 26 14:02:48 <nairb> Shigufurido: let's say I want to sell bitcoin because it's too high a percent of my portfolio and I need less risk, maybe I'm nearing retirement. But let's say I want to sell in January for tax purposes, because if I sell right now I'll owe a lot of taxes in April. Selling in January might mean I don't pay the tax until April 2019. I could sell a future.
<nairb> Shigufurido: let's say I want to sell bitcoin because it's too high a percent of my portfolio and I need less risk, maybe I'm nearing retirement. But let's say I want to sell in January for tax purposes, because if I sell right now I'll owe a lot of taxes in April. Selling in January might mean I don't pay the tax until April 2019. I could sell a future.
Nov 26 14:02:58 Nov 26 14:02:58 <nairb> Shigufurido: or, someone can just use futures to speculate on bitcoin
<nairb> Shigufurido: or, someone can just use futures to speculate on bitcoin
Nov 26 14:03:17 Nov 26 14:03:17 <nairb> Shigufurido: or someone can provide liquidity to the market by financing and selling futures
<nairb> Shigufurido: or someone can provide liquidity to the market by financing and selling futures
Nov 26 14:03:38 <Shigufurido> what odes the last one mean?
Nov 26 14:03:38 <Shigufurido> what odes the last one mean?
Nov 26 14:03:43 Nov 26 14:03:43 <Shigufurido> im not economician
<Shigufurido> im not economician
Nov 26 14:04:23 Nov 26 14:04:23 <Shigufurido> what does "selling a future" even mean? i thought its a contract? do i have to buy one?
<Shigufurido> what does "selling a future" even mean? i thought its a contract? do i have to buy one?
Nov 26 14:05:06 Nov 26 14:05:06 <nairb> Shigufurido: let's say lots of people want to be long bitcoin price, but don't want to deal with physically holding bitcoin, or trusting an exchange. maybe these are fund managers or something, so, they buy futures for exposure to bitcoin. Someone has to be able to sell them that future (to take the other side of the contract). If someone is buying/selling contracts (taking either side) just to provide liqudity to the marke
<nairb> Shigufurido: let's say lots of people want to be long bitcoin price, but don't want to deal with physically holding bitcoin, or trusting an exchange. maybe these are fund managers or something, so, they buy futures for exposure to bitcoin. Someone has to be able to sell them that future (to take the other side of the contract). If someone is buying/selling contracts (taking either side) just to provide liqudity to the marke
Nov 26 14:05:06 Nov 26 14:05:06 <nairb> t and not because they want to take or hedge one side of the position, they're a market maker.
<nairb> t and not because they want to take or hedge one side of the position, they're a market maker.
Nov 26 14:05:48 Nov 26 14:05:48 <moriarty> unfortunately CME's futures are cash settlement
<moriarty> unfortunately CME's futures are cash settlement
Nov 26 14:05:50 Nov 26 14:05:50 <nairb> if I'm a market maker in bitcoin and want to satisfy someone elses demand to long btc, ... what I can do is borrow 9k usd for one year, buy one bitcoin, and write a future contract to sell that one bitcoin one year from now.
<nairb> if I'm a market maker in bitcoin and want to satisfy someone elses demand to long btc, ... what I can do is borrow 9k usd for one year, buy one bitcoin, and write a future contract to sell that one bitcoin one year from now.
Nov 26 14:06:19 <nairb> I'll want to make a profit on my contract, so the future price I'll charge will be 9k + interest + transaction fees + storage costs + profit
Nov 26 14:06:19 <nairb> I'll want to make a profit on my contract, so the future price I'll charge will be 9k + interest + transaction fees + storage costs + profit
Nov 26 14:06:40 Nov 26 14:06:40 <nairb> but as a market maker I take no risk, and I provide a mechanism for you to go long bitcoin without actually buying bitcoin
<nairb> but as a market maker I take no risk, and I provide a mechanism for you to go long bitcoin without actually buying bitcoin
Nov 26 14:07:39 Nov 26 14:07:39 <Shigufurido> so i would like share "my profit" with you to not have the work of actually buying the BTC?
<Shigufurido> so i would like share "my profit" with you to not have the work of actually buying the BTC?
Nov 26 14:07:40 Nov 26 14:07:40 <nairb> that above formula kind of caps the price of the future contract to within some reasonable range of the current price of bitcoin
<nairb> that above formula kind of caps the price of the future contract to within some reasonable range of the current price of bitcoin
Nov 26 14:08:53 Nov 26 14:08:53 <nairb> Shigufurido: you're not really "sharing profit," all futures have some amount of "roll yield" and roll yield can in itself be an investment strategy. If I assume a security will not be volatile in price, and the future price is higher than the current price, I might short just to capture the interest/storage-cost/etc
<nairb> Shigufurido: you're not really "sharing profit," all futures have some amount of "roll yield" and roll yield can in itself be an investment strategy. If I assume a security will not be volatile in price, and the future price is higher than the current price, I might short just to capture the interest/storage-cost/etc
Nov 26 14:09:01 Nov 26 14:09:01 <Shigufurido> did you hear the rumour that bitfinex is manipulating the exchange rate and cant actually cash out if much users would try to?
<Shigufurido> did you hear the rumour that bitfinex is manipulating the exchange rate and cant actually cash out if much users would try to?
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Nov 26 14:09:27 Nov 26 14:09:27 <Shigufurido> i dont know these words :P im not a bankster
<Shigufurido> i dont know these words :P im not a bankster
Nov 26 14:09:45 Nov 26 14:09:45 <nairb> yeah I've heard these rumors. I thoughtt he claim was more than more usdt was printed than they have usd, and usdt gets sold for btc, which means there's more money going into crypto than actually exists.
<nairb> yeah I've heard these rumors. I thoughtt he claim was more than more usdt was printed than they have usd, and usdt gets sold for btc, which means there's more money going into crypto than actually exists.
Nov 26 14:10:38 <Shigufurido> but isnt that happening to all finance speculation sectors? there was this chart where the finance sectors "values" is 1000000x the worth of all economies on earth?
Nov 26 14:10:38 <Shigufurido> but isnt that happening to all finance speculation sectors? there was this chart where the finance sectors "values" is 1000000x the worth of all economies on earth?
Nov 26 14:11:13 Nov 26 14:11:13 <nairb> Shigufurido: all future contracts have similar characteristics. You can write a future contract to sell mexican pesos for USD one year from today. the bank that sells you that contract will probably borrow mexican pesos today at mexican interest rates, sell them for usd today, and then invest the usd at interest for one year. the price you'd pay for that future contract would be the mexican interest rate minus the usd inter
<nairb> Shigufurido: all future contracts have similar characteristics. You can write a future contract to sell mexican pesos for USD one year from today. the bank that sells you that contract will probably borrow mexican pesos today at mexican interest rates, sell them for usd today, and then invest the usd at interest for one year. the price you'd pay for that future contract would be the mexican interest rate minus the usd inter
Nov 26 14:11:14 <nairb> est rate.
Nov 26 14:11:14 <nairb> est rate.
Nov 26 14:11:14 Nov 26 14:11:14 <Shigufurido> https://cascade.madmimi.com/promotion_images/1169/2497/original/all-the-worlds-money-and-markets-dv.png?1455864081
<Shigufurido> https://cascade.madmimi.com/promotion_images/1169/2497/original/all-the-worlds-money-and-markets-dv.png?1455864081
Nov 26 14:11:51 <nairb> Shigufurido: when people say things like blah blah blah finance derivatives is 100000x all the money on earth, they're referring to the notional values
Nov 26 14:11:51 <nairb> Shigufurido: when people say things like blah blah blah finance derivatives is 100000x all the money on earth, they're referring to the notional values
Nov 26 14:12:30 Nov 26 14:12:30 <Shigufurido> is that this "market liquidation"?
<Shigufurido> is that this "market liquidation"?
Nov 26 14:12:40 Nov 26 14:12:40 <nairb> no
<nairb> no
Nov 26 14:13:05 Nov 26 14:13:05 <Shigufurido> but how can you make derivates that are worth more than everything?
<Shigufurido> but how can you make derivates that are worth more than everything?
Nov 26 14:13:25 Nov 26 14:13:25 <nairb> the derivates aren't "worth" more than everything, they "represent" value worth more than everything
<nairb> the derivates aren't "worth" more than everything, they "represent" value worth more than everything
Nov 26 14:13:29 Nov 26 14:13:29 <Shigufurido> did you study economics? or is that just hobby?
<Shigufurido> did you study economics? or is that just hobby?
Nov 26 14:13:45 Nov 26 14:13:45 <nairb> i did an mba and cfa and work in finance
<nairb> i did an mba and cfa and work in finance
Nov 26 14:14:41 Nov 26 14:14:41 <Shigufurido> what is the difference between worth and represent value?
<Shigufurido> what is the difference between worth and represent value?
Nov 26 14:15:26 * scar45|znc is now known as scar45
Nov 26 14:15:26 * scar45|znc is now known as scar45
Nov 26 14:15:53 <Shigufurido> do you think the banksters will hop onto BCH too?
Nov 26 14:15:53 <Shigufurido> do you think the banksters will hop onto BCH too?
Nov 26 14:16:02 Nov 26 14:16:02 <Shigufurido> and it will climb tenfold?
<Shigufurido> and it will climb tenfold?
Nov 26 14:16:39 Nov 26 14:16:39 <nairb> let's say I own 1 share of apple stock worth $175. You believe the price will go up and want to speculate, so we enter into a contract. I offer to sell you the *option* to buy my share on January 19th for $180 if the price is higher than 180 at that time. I charge you $3 for that option. If on January 19th the price is 179, I just keep my share and your $3. If it's $190, you'll pay me 180 and I'll give you my share. The
<nairb> let's say I own 1 share of apple stock worth $175. You believe the price will go up and want to speculate, so we enter into a contract. I offer to sell you the *option* to buy my share on January 19th for $180 if the price is higher than 180 at that time. I charge you $3 for that option. If on January 19th the price is 179, I just keep my share and your $3. If it's $190, you'll pay me 180 and I'll give you my share. The
Nov 26 14:16:39 <nairb> worth/cost/value/price of the *contract* is $3. The value being represented is my $180 share. Since I own the share, and you own a contract that gives you exposure to the value of the share, the total value being represented is 180*2=360
Nov 26 14:16:39 <nairb> worth/cost/value/price of the *contract* is $3. The value being represented is my $180 share. Since I own the share, and you own a contract that gives you exposure to the value of the share, the total value being represented is 180*2=360
Nov 26 14:18:31 <nairb> here's an example of listed option contracts for apple stock: https://finance.google.com/finance/option_chain?q=NASDAQ%3AAAPL&ei=PBIbWpiSIZXBe5XzsvAG
Nov 26 14:18:31 <nairb> here's an example of listed option contracts for apple stock: https://finance.google.com/finance/option_chain?q=NASDAQ%3AAAPL&ei=PBIbWpiSIZXBe5XzsvAG
Nov 26 14:18:34 <Shigufurido> is that a future or whats that called?
Nov 26 14:18:34 <Shigufurido> is that a future or whats that called?
Nov 26 14:19:01 <nairb> that's an option contract. options, futures, forwards, cfds, etc are all "derivative" contracts. they all derive their value from something else.
Nov 26 14:19:01 <nairb> that's an option contract. options, futures, forwards, cfds, etc are all "derivative" contracts. they all derive their value from something else.
Nov 26 14:19:11 Nov 26 14:19:11 <Shigufurido> ok
<Shigufurido> ok
Nov 26 14:20:24 Nov 26 14:20:24 <Shigufurido> why is the value represented 2*180? isnt it a null-sum? you get the money, i get the stock?
<Shigufurido> why is the value represented 2*180? isnt it a null-sum? you get the money, i get the stock?
Nov 26 14:20:36 Nov 26 14:20:36 <nairb> if you refer to the value of the thing a derivative derives its value from, then you're referring to the "notional" value of the contract, but that's very different from the actual market value you could get selling the contract
<nairb> if you refer to the value of the thing a derivative derives its value from, then you're referring to the "notional" value of the contract, but that's very different from the actual market value you could get selling the contract
Nov 26 14:25:09 Nov 26 14:25:09 <nairb> Shigufurido: it depends on what you're doing. Let's say I own 1000 shares of SPY worth 260,000. I want some cash but can't get a loan at a decent interest rate. If I sell all of my stock I have 260k, but I don't actually want to sell my stock, I want a loan, I want to keep being invested in SPY. Instead I sell all my stock, and then buy an option contract (the right to buy it back) at a price of $200/share 2 years from now
<nairb> Shigufurido: it depends on what you're doing. Let's say I own 1000 shares of SPY worth 260,000. I want some cash but can't get a loan at a decent interest rate. If I sell all of my stock I have 260k, but I don't actually want to sell my stock, I want a loan, I want to keep being invested in SPY. Instead I sell all my stock, and then buy an option contract (the right to buy it back) at a price of $200/share 2 years from now
Nov 26 14:25:11 Nov 26 14:25:11 <nairb> (so I'll need 200k in two years). today those contracts would cost me about 65,660. Essentially I've borrowed 200k, and in two years I'll pay back 200k, but I will have lost $5,660 in option premium (which actually ends up being kinda like interest)
<nairb> (so I'll need 200k in two years). today those contracts would cost me about 65,660. Essentially I've borrowed 200k, and in two years I'll pay back 200k, but I will have lost $5,660 in option premium (which actually ends up being kinda like interest)
Nov 26 14:26:10 Nov 26 14:26:10 <nairb> now, in that scenario.... the goal I was trying to achieve was I wanted to continue to be exposed to the price of 260k worth of stock, and borrow 200k for two years. economically speaking, I've done that. two years from now I get my stock back, no matter what the price, and the money I return is just the 200k I borrowed.
<nairb> now, in that scenario.... the goal I was trying to achieve was I wanted to continue to be exposed to the price of 260k worth of stock, and borrow 200k for two years. economically speaking, I've done that. two years from now I get my stock back, no matter what the price, and the money I return is just the 200k I borrowed.
Nov 26 14:26:29 Nov 26 14:26:29 <Shigufurido> ok
<Shigufurido> ok
Nov 26 14:26:44 Nov 26 14:26:44 <nairb> so from my perspective, it makes more sense to think of my stock portfolio in terms of holding 260k of SPY .... not 65k of option contracts.
<nairb> so from my perspective, it makes more sense to think of my stock portfolio in terms of holding 260k of SPY .... not 65k of option contracts.
Nov 26 14:27:01 <nairb> someone else might own that stock, not me, but I don't care what other people own. I care what my own risk profile looks like.
Nov 26 14:27:01 <nairb> someone else might own that stock, not me, but I don't care what other people own. I care what my own risk profile looks like.
Nov 26 14:27:20 Nov 26 14:27:20 <nairb> and my risk is best represented by saying I've got 260k of stock exposure
<nairb> and my risk is best represented by saying I've got 260k of stock exposure
Nov 26 14:27:51 <Shigufurido> oh ok
Nov 26 14:27:51 <Shigufurido> oh ok
Nov 26 14:29:12 Nov 26 14:29:12 <nairb> there are lots of ways of representing exposure. Some would say "my option portfolio is worth 65k," that's the market value. some would say "I'm exposed to 260k of spy," that's the notional value. Others would use a delta-adjusted mv, where they'd take the delta of the option contracts and multiply that by the notional exposure. delta is a measure of how closely the change in the price of the option contract reflects chang
<nairb> there are lots of ways of representing exposure. Some would say "my option portfolio is worth 65k," that's the market value. some would say "I'm exposed to 260k of spy," that's the notional value. Others would use a delta-adjusted mv, where they'd take the delta of the option contracts and multiply that by the notional exposure. delta is a measure of how closely the change in the price of the option contract reflects chang
Nov 26 14:29:12 Nov 26 14:29:12 <nairb> es in the price of the underlying.
<nairb> es in the price of the underlying.
Nov 26 14:29:18 Nov 26 14:29:18 <Shigufurido> if the real price of SPY would be 300k at the time the option is to be paid you would win 100k?
<Shigufurido> if the real price of SPY would be 300k at the time the option is to be paid you would win 100k?
Nov 26 14:29:48 Nov 26 14:29:48 <nairb> well, sure, you can think of it as "winning" 100k, but you could also just think of it as being equivalent to having held spy the whole time and not taken out the "loan"
<nairb> well, sure, you can think of it as "winning" 100k, but you could also just think of it as being equivalent to having held spy the whole time and not taken out the "loan"
Nov 26 14:32:06 Nov 26 14:32:06 <Shigufurido> can i buy an option and actually i have only the money to pay the contract fee, but from then on im "represented" by the 200k?
<Shigufurido> can i buy an option and actually i have only the money to pay the contract fee, but from then on im "represented" by the 200k?
Nov 26 14:32:25 Nov 26 14:32:25 <nairb> yeah
<nairb> yeah
Nov 26 14:32:31 Nov 26 14:32:31 <Shigufurido> but who believes that?
<Shigufurido> but who believes that?
Nov 26 14:33:03 Nov 26 14:33:03 <Shigufurido> do they option vendors make audits like normal loan givers?
<Shigufurido> do they option vendors make audits like normal loan givers?
Nov 26 14:33:14 <nairb> what do you mean "believes" it? notional value is a useful way of thinking about your risk exposure. if it's useful to you, use it. if it's not, don't... doesn't matter if someone else "believes" you
Nov 26 14:33:14 <nairb> what do you mean "believes" it? notional value is a useful way of thinking about your risk exposure. if it's useful to you, use it. if it's not, don't... doesn't matter if someone else "believes" you
Nov 26 14:33:33 Nov 26 14:33:33 <Shigufurido> well if i want to take a normal loan the bank checks if i can get it
<Shigufurido> well if i want to take a normal loan the bank checks if i can get it
Nov 26 14:33:40 <Shigufurido> if i buy a option they dont?
Nov 26 14:33:40 <Shigufurido> if i buy a option they dont?
Nov 26 14:33:40 Nov 26 14:33:40 <nairb> for option contracts, there are some restrictions if you want to be able to write/sell unhedged options
<nairb> for option contracts, there are some restrictions if you want to be able to write/sell unhedged options
Nov 26 14:34:03 Nov 26 14:34:03 <nairb> yeah if you buy an option, they're not taking any risk on you. you don't owe them anything.
<nairb> yeah if you buy an option, they're not taking any risk on you. you don't owe them anything.
Nov 26 14:34:28 Nov 26 14:34:28 <nairb> i've used this strategy to borrow money at better rates than I would have gotten from banks
<nairb> i've used this strategy to borrow money at better rates than I would have gotten from banks
Nov 26 14:34:44 Nov 26 14:34:44 <Shigufurido> and can i than go to a bank with my "represented value" and get a loan with that as security?
<Shigufurido> and can i than go to a bank with my "represented value" and get a loan with that as security?
Nov 26 14:34:52 Nov 26 14:34:52 <nairb> heh, no
<nairb> heh, no
Nov 26 14:35:17 Nov 26 14:35:17 <moriarty> what sort of rates do you get from banks, nairb?
<moriarty> what sort of rates do you get from banks, nairb?
Nov 26 14:35:33 Nov 26 14:35:33 <Shigufurido> where did you borrow the money that you could use the option as seurity?
<Shigufurido> where did you borrow the money that you could use the option as seurity?
Nov 26 14:35:50 <nairb> moriarty: like 5% or so, for cheap houses/college loans etc, but if I don't have an asset and just want cash for the hell of it more like 8-10%
Nov 26 14:35:50 <nairb> moriarty: like 5% or so, for cheap houses/college loans etc, but if I don't have an asset and just want cash for the hell of it more like 8-10%
Nov 26 14:36:09 <moriarty> nairb, i see
Nov 26 14:36:09 <moriarty> nairb, i see
Nov 26 14:38:36 Nov 26 14:38:36 <nairb> Shigufurido: not sure what you mean... like, I wanted to buy 200 shares of SPY once when it was trading around 180, but I also wanted cash for other things. I spent 8k on 2 contracts to buy SPY for 150 in a couple years instead... that meant that I got the SPY exposure I was looking for, and got to keep like 20k in cash in the bank instead of having it tied up in stocks.
<nairb> Shigufurido: not sure what you mean... like, I wanted to buy 200 shares of SPY once when it was trading around 180, but I also wanted cash for other things. I spent 8k on 2 contracts to buy SPY for 150 in a couple years instead... that meant that I got the SPY exposure I was looking for, and got to keep like 20k in cash in the bank instead of having it tied up in stocks.
Nov 26 14:39:12 Nov 26 14:39:12 <nairb> Shigufurido: it's effectively a "synthetic loan" based on the "put call parity equations," https://en.wikipedia.org/wiki/Put%E2%80%93call_parity
<nairb> Shigufurido: it's effectively a "synthetic loan" based on the "put call parity equations," https://en.wikipedia.org/wiki/Put%E2%80%93call_parity
Nov 26 14:39:51 <nairb> from put/call parity you can synthetically create any security... a short, a long, a put, a call, a loan... it's just algebra to move around everything in the equation to get what you want.
Nov 26 14:39:51 <nairb> from put/call parity you can synthetically create any security... a short, a long, a put, a call, a loan... it's just algebra to move around everything in the equation to get what you want.
Nov 26 14:40:37 Nov 26 14:40:37 <nairb> though if your option trading level isn't high enough with your broker, you won't be able to actually execute on some of those strategies.... like your broker might not allow you to write uncovered options.
<nairb> though if your option trading level isn't high enough with your broker, you won't be able to actually execute on some of those strategies.... like your broker might not allow you to write uncovered options.
Nov 26 14:40:58 Nov 26 14:40:58 <Shigufurido> but if hes my buddy he can do that?
<Shigufurido> but if hes my buddy he can do that?
Nov 26 14:41:06 Nov 26 14:41:06 <nairb> if who is your buddy?
<nairb> if who is your buddy?
Nov 26 14:41:11 Nov 26 14:41:11 <Shigufurido> the broker
<Shigufurido> the broker
Nov 26 14:41:41 <nairb> your broker has to approve your option trading level, I'm not sure if he'd do that just because he's your buddy, but you can try
Nov 26 14:41:41 <nairb> your broker has to approve your option trading level, I'm not sure if he'd do that just because he's your buddy, but you can try
Nov 26 14:42:02 Nov 26 14:42:02 <nairb> there might be account balance minimums or something to get certain option trading levels, and I'm sure he doesn't want to get fired
<nairb> there might be account balance minimums or something to get certain option trading levels, and I'm sure he doesn't want to get fired
Nov 26 14:42:33 <nairb> they generally ask about your option/stock trading experience, and look at the size of your account etc. You can lie too I guess.
Nov 26 14:42:33 <nairb> they generally ask about your option/stock trading experience, and look at the size of your account etc. You can lie too I guess.
Nov 26 14:44:21 * scar45 is now known as scar45|znc
Nov 26 14:44:21 * scar45 is now known as scar45|znc
Nov 26 14:44:54 <marian1235813> what is a good wallet for bitcoincash?
Nov 26 14:44:54 <marian1235813> what is a good wallet for bitcoincash?
Nov 26 14:45:18 <nairb> Shigufurido: here's an explanation of option trading levels: https://investorplace.com/2009/03/option-approval-levels-explained/#.WhsZSbynEkg
Nov 26 14:45:18 <nairb> Shigufurido: here's an explanation of option trading levels: https://investorplace.com/2009/03/option-approval-levels-explained/#.WhsZSbynEkg
Nov 26 14:45:36 * scar45|znc is now known as scar45
Nov 26 14:45:36 * scar45|znc is now known as scar45
Nov 26 14:47:59 <lte-13[m]> To the moooooon
Nov 26 14:47:59 <lte-13[m]> To the moooooon
Nov 26 14:55:58 Nov 26 14:55:58 <Shigufurido> BCH was 1700 just now?
<Shigufurido> BCH was 1700 just now?
Nov 26 15:03:08 Nov 26 15:03:08 <lte-13[m]> Yeah
<lte-13[m]> Yeah
Nov 26 15:03:13 <lte-13[m]> But dumped
Nov 26 15:03:13 <lte-13[m]> But dumped
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Nov 26 15:16:14 <spudowiar> Why doesn't/didn't Bitcoin Cash just do a hard fork to treat P2WPKH as P2PKH?
Nov 26 15:16:14 <spudowiar> Why doesn't/didn't Bitcoin Cash just do a hard fork to treat P2WPKH as P2PKH?
Nov 26 15:17:27 Nov 26 15:17:27 <spudowiar> That would have stopped people from having their BCH sent to P2SH-P2WPKH addresses stolen
<spudowiar> That would have stopped people from having their BCH sent to P2SH-P2WPKH addresses stolen
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Nov 26 15:43:45 Nov 26 15:43:45 <dw1> marian1235813: https://www.bitcoincash.org/#wallets
<dw1> marian1235813: https://www.bitcoincash.org/#wallets
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Nov 26 15:52:48 <dw1> let's go another 500% in 30 days BCH
Nov 26 15:52:48 <dw1> let's go another 500% in 30 days BCH
Nov 26 15:53:12 Nov 26 15:53:12 <booyah> kek
<booyah> kek
Nov 26 15:53:22 Nov 26 15:53:22 <dw1> dem gains
<dw1> dem gains
Nov 26 15:53:31 Nov 26 15:53:31 <booyah> yes, please go another 500% up and then back down BCH, I have some cold wallets remaining
<booyah> yes, please go another 500% up and then back down BCH, I have some cold wallets remaining
Nov 26 15:55:13 <acidsploit> quick question, would there be any reason to split up cold wallets if I dont intend on spending the BTC nor BCH any time soon?
Nov 26 15:55:13 <acidsploit> quick question, would there be any reason to split up cold wallets if I dont intend on spending the BTC nor BCH any time soon?
Nov 26 15:56:09 Nov 26 15:56:09 <dw1> no
<dw1> no
Nov 26 15:56:16 Nov 26 15:56:16 <acidsploit> great :)
<acidsploit> great :)
Nov 26 15:56:32 Nov 26 15:56:32 <Shigufurido> what helps a cold wallet with falling BCH?
<Shigufurido> what helps a cold wallet with falling BCH?
Nov 26 15:56:49 <Shigufurido> cold wallet = offline wallet?
Nov 26 15:56:49 <Shigufurido> cold wallet = offline wallet?
Nov 26 15:57:00 Nov 26 15:57:00 <acidsploit> yeah, paper in my case
<acidsploit> yeah, paper in my case
Nov 26 15:57:39 Nov 26 15:57:39 <Shigufurido> ok so what does it helps with falling value?
<Shigufurido> ok so what does it helps with falling value?
Nov 26 15:57:41 Nov 26 15:57:41 <acidsploit> any of you have experience with shapeshift?
<acidsploit> any of you have experience with shapeshift?
Nov 26 15:58:18 <acidsploit> Shigufurido: it doesnt. it just protects you private keys from being stolen 'digitally'
Nov 26 15:58:18 <acidsploit> Shigufurido: it doesnt. it just protects you private keys from being stolen 'digitally'
Nov 26 15:58:23 Nov 26 15:58:23 <dw1> of course
<dw1> of course
Nov 26 15:58:49 <dw1> ignore the butthurt core cult trolls :p
Nov 26 15:58:49 <dw1> ignore the butthurt core cult trolls :p
Nov 26 15:58:53 <acidsploit> dw1: works as advertised?
Nov 26 15:58:53 <acidsploit> dw1: works as advertised?
Nov 26 15:58:57 <dw1> yesh
Nov 26 15:58:57 <dw1> yesh
Nov 26 15:59:10 Nov 26 15:59:10 <acidsploit> fun times :)
<acidsploit> fun times :)
Nov 26 16:00:08 Nov 26 16:00:08 <acidsploit> now I need to make some time to look into some alts
<acidsploit> now I need to make some time to look into some alts
Nov 26 16:00:20 Nov 26 16:00:20 <acidsploit> dash and xmr look nice
<acidsploit> dash and xmr look nice
Nov 26 16:05:06 Nov 26 16:05:06 <dw1> prob want to avoid shapeshift for BTC since it charges 0.002 miner fee
<dw1> prob want to avoid shapeshift for BTC since it charges 0.002 miner fee
Nov 26 16:05:32 Nov 26 16:05:32 <dw1> https://info.shapeshift.io/about
<dw1> https://info.shapeshift.io/about
Nov 26 16:05:46 Nov 26 16:05:46 <dw1> oh they reduced it a bit
<dw1> oh they reduced it a bit
Nov 26 16:06:18 Nov 26 16:06:18 <dw1> only $11.62 now :/
<dw1> only $11.62 now :/
Nov 26 16:06:54 <acidsploit> yeah I noticed
Nov 26 16:06:54 <acidsploit> yeah I noticed
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Nov 26 19:46:54 Nov 26 19:46:54 <lte-13[m]> Damn BTC 9500
<lte-13[m]> Damn BTC 9500
Nov 26 19:51:14 Nov 26 19:51:14 <dw1> BCH up 550% in 30 days
<dw1> BCH up 550% in 30 days
Nov 26 19:51:17 Nov 26 19:51:17 <dw1> BTC not so much
<dw1> BTC not so much
Nov 26 19:51:26 Nov 26 19:51:26 <dw1> more spike soon
<dw1> more spike soon
Nov 26 19:51:53 Nov 26 19:51:53 <dw1> https://twitter.com/SooMartindale/status/934809925250719745
<dw1> https://twitter.com/SooMartindale/status/934809925250719745
Nov 26 19:54:24 Nov 26 19:54:24 <dw1> https://twitter.com/InvestbyBit/status/934931031001407488
<dw1> https://twitter.com/InvestbyBit/status/934931031001407488
Nov 26 19:54:44 Nov 26 19:54:44 <lte-13[m]> Hahahaha imagine this
<lte-13[m]> Hahahaha imagine this
Nov 26 19:54:49 Nov 26 19:54:49 <lte-13[m]> BTC spikes to ulta levels
<lte-13[m]> BTC spikes to ulta levels
Nov 26 19:55:13 Nov 26 19:55:13 <lte-13[m]> normies get in to btc after big bang theory talks about it this week or whatever
<lte-13[m]> normies get in to btc after big bang theory talks about it this week or whatever
Nov 26 19:55:24 <dw1> prob still wont outperform
Nov 26 19:55:24 <dw1> prob still wont outperform
Nov 26 19:55:27 <lte-13[m]> Then also, difficulty is completely fucked with bch
Nov 26 19:55:27 <lte-13[m]> Then also, difficulty is completely fucked with bch
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Nov 26 19:55:40 Nov 26 19:55:40 <dw1> BCH adjusts much faster than BTC
<dw1> BCH adjusts much faster than BTC
Nov 26 19:55:43 Nov 26 19:55:43 <dw1> https://twitter.com/MrT_Ties/status/934940732128923648
<dw1> https://twitter.com/MrT_Ties/status/934940732128923648
Nov 26 19:55:58 Nov 26 19:55:58 <lte-13[m]> and it basically ultra crashes somwhere along the time to next retarget htat is last december or something
<lte-13[m]> and it basically ultra crashes somwhere along the time to next retarget htat is last december or something
Nov 26 19:56:00 Nov 26 19:56:00 <lte-13[m]> loooooooool
<lte-13[m]> loooooooool
Nov 26 19:56:58 <dw1> if BTC loses major hashrate it's in troubly, evrytim
Nov 26 19:56:58 <dw1> if BTC loses major hashrate it's in troubly, evrytim
Nov 26 19:57:01 <dw1> trouble*
Nov 26 19:57:01 <dw1> trouble*
Nov 26 19:57:29 Nov 26 19:57:29 <lte-13[m]> It will slowly lose i think because of this retarge thing
<lte-13[m]> It will slowly lose i think because of this retarge thing
Nov 26 19:57:33 Nov 26 19:57:33 <lte-13[m]> along with price pump
<lte-13[m]> along with price pump
Nov 26 19:57:39 Nov 26 19:57:39 <dw1> saw a guy pay $377 USD for a transaction last time
<dw1> saw a guy pay $377 USD for a transaction last time
Nov 26 19:57:40 Nov 26 19:57:40 <lte-13[m]> But who knows
<lte-13[m]> But who knows
Nov 26 19:57:49 Nov 26 19:57:49 <lte-13[m]> It might just decide t oultramoon
<lte-13[m]> It might just decide t oultramoon
Nov 26 19:57:52 <lte-13[m]> and go to 20k
Nov 26 19:57:52 <lte-13[m]> and go to 20k
Nov 26 19:58:02 <dw1> only 200%? lulz
Nov 26 19:58:02 <dw1> only 200%? lulz
Nov 26 19:58:08 Nov 26 19:58:08 <lte-13[m]> @dw1
<lte-13[m]> @dw1
Nov 26 19:58:17 Nov 26 19:58:17 <lte-13[m]> I wrote a thing about that
<lte-13[m]> I wrote a thing about that
Nov 26 19:58:36 Nov 26 19:58:36 <dw1> cool
<dw1> cool
Nov 26 19:58:37 <lte-13[m]> https://www.reddit.com/r/CryptoCurrency/comments/7evra1/holy_shit_just_transferred_ethereum_from_coinbase/dq83pi1/?context=1
Nov 26 19:58:37 <lte-13[m]> https://www.reddit.com/r/CryptoCurrency/comments/7evra1/holy_shit_just_transferred_ethereum_from_coinbase/dq83pi1/?context=1
Nov 26 19:58:43 Nov 26 19:58:43 <lte-13[m]> :P
<lte-13[m]> :P
Nov 26 19:58:55 Nov 26 19:58:55 <dw1> haha
<dw1> haha
Nov 26 19:59:08 Nov 26 19:59:08 <dw1> epic
<dw1> epic
Nov 26 19:59:51 Nov 26 19:59:51 <lte-13[m]> Haha yeah I think I managed to point that out pretty good
<lte-13[m]> Haha yeah I think I managed to point that out pretty good
Nov 26 20:00:09 Nov 26 20:00:09 <lte-13[m]> If you cant host a raspberry pi node
<lte-13[m]> If you cant host a raspberry pi node
Nov 26 20:00:17 Nov 26 20:00:17 <lte-13[m]> Youre basically Jihan-Coin
<lte-13[m]> Youre basically Jihan-Coin
Nov 26 20:05:07 Nov 26 20:05:07 <dw1> ##econometrics is pretty good if you want a general crypto chan
<dw1> ##econometrics is pretty good if you want a general crypto chan
Nov 26 20:05:41 Nov 26 20:05:41 <dw1> maybe avoid massive bch pumps there tho
<dw1> maybe avoid massive bch pumps there tho
Nov 26 20:05:52 <dw1> only mild ones :P
Nov 26 20:05:52 <dw1> only mild ones :P
Nov 26 20:30:28 <lte-13[m]> @dw1 Thanks for the tip
Nov 26 20:30:28 <lte-13[m]> @dw1 Thanks for the tip
Nov 26 20:30:40 <lte-13[m]> Looks like an interesting and active channel
Nov 26 20:30:40 <lte-13[m]> Looks like an interesting and active channel
Nov 26 20:32:03 Nov 26 20:32:03 <dw1> yea it is
<dw1> yea it is
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Nov 27 04:05:44 Nov 27 04:05:44 <AlienTrooper> http://www.youtube.com/watch?v=UP1YsMlrfF0
<AlienTrooper> http://www.youtube.com/watch?v=UP1YsMlrfF0
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Nov 27 04:08:54 Nov 27 04:08:54 <dw1> hehe
<dw1> hehe
Nov 27 04:08:56 Nov 27 04:08:56 <dw1> https://en.wikipedia.org/wiki/Mt._Gox#/media/File:Bitcoin_crash_2011-06-19.png
<dw1> https://en.wikipedia.org/wiki/Mt._Gox#/media/File:Bitcoin_crash_2011-06-19.png
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Nov 27 05:58:20 Nov 27 05:58:20 <dw1> https://medium.com/@stevepatterson/how-bitcoin-became-the-worlds-biggest-ico-f1d75f7a7bb3
<dw1> https://medium.com/@stevepatterson/how-bitcoin-became-the-worlds-biggest-ico-f1d75f7a7bb3
Nov 27 05:58:31 Nov 27 05:58:31 <dw1> 'BTC is now “potentially peer-to-peer cash in the future once a group of brilliant developers creates the revolutionary new technology called The Lightning Network!”'
<dw1> 'BTC is now “potentially peer-to-peer cash in the future once a group of brilliant developers creates the revolutionary new technology called The Lightning Network!”'
Nov 27 05:58:39 Nov 27 05:58:39 <dw1> eheh
<dw1> eheh
Nov 27 05:59:04 Nov 27 05:59:04 <moriarty> lol
<moriarty> lol
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Nov 27 12:03:21 Nov 27 12:03:21 <moriarty> https://www.cnbc.com/2017/11/27/global-cryptocurrency-market-breaks-through-300-billion-mark-as-bitcoin-heads-to-10000.html
<moriarty> https://www.cnbc.com/2017/11/27/global-cryptocurrency-market-breaks-through-300-billion-mark-as-bitcoin-heads-to-10000.html
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Nov 27 12:41:06 Nov 27 12:41:06 <marian1235813> where can i find some infoes about bitcoin cash devs ?
<marian1235813> where can i find some infoes about bitcoin cash devs ?
Nov 27 12:41:15 Nov 27 12:41:15 <marian1235813> who is participating to the project?
<marian1235813> who is participating to the project?
Nov 27 12:41:36 Nov 27 12:41:36 <marian1235813> how are the decissions taken?
<marian1235813> how are the decissions taken?
Nov 27 12:41:44 Nov 27 12:41:44 <moriarty> in a boiler room
<moriarty> in a boiler room
Nov 27 12:42:03 <marian1235813> joke?
Nov 27 12:42:03 <marian1235813> joke?
Nov 27 12:47:40 Nov 27 12:47:40 <lte-13[m]> They're guided by the Divine glory of God
<lte-13[m]> They're guided by the Divine glory of God
Nov 27 12:47:53 Nov 27 12:47:53 <lte-13[m]> Stop your herecy, or I will send Luke Dash-Jr on you.
<lte-13[m]> Stop your herecy, or I will send Luke Dash-Jr on you.
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Nov 27 12:53:34 Nov 27 12:53:34 <SoCo_cpp_> Of course there is little decisions or dev to make. Increase the block size limit, fix the diff retargetting and don't implement SegWit. Not much for consultations.
<SoCo_cpp_> Of course there is little decisions or dev to make. Increase the block size limit, fix the diff retargetting and don't implement SegWit. Not much for consultations.
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Nov 27 12:58:27 Nov 27 12:58:27 <Dummbatz> marian: if cou look for bitcoin cash devs, i guess the place to look is the bitcoin-abc or bitcoin unlimited github
<Dummbatz> marian: if cou look for bitcoin cash devs, i guess the place to look is the bitcoin-abc or bitcoin unlimited github
Nov 27 13:03:23 Nov 27 13:03:23 <Dummbatz> where abc looks sligtly more active :)
<Dummbatz> where abc looks sligtly more active :)
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Nov 27 13:13:01 Nov 27 13:13:01 <wxss> bcash development is mostly copying from bitcoin core developers anyway
<wxss> bcash development is mostly copying from bitcoin core developers anyway
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Nov 27 14:06:25 <lte-13[m]> Copying what? SegShit? HAHA
Nov 27 14:06:25 <lte-13[m]> Copying what? SegShit? HAHA
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Nov 27 14:06:39 <lte-13[m]> Hows those fees working out for ya?
Nov 27 14:06:39 <lte-13[m]> Hows those fees working out for ya?
Nov 27 14:06:45 Nov 27 14:06:45 <lte-13[m]> Hows those transactions speeds?
<lte-13[m]> Hows those transactions speeds?
Nov 27 14:09:17 Nov 27 14:09:17 <jiraffe> btc > bch duh
<jiraffe> btc > bch duh
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Nov 27 14:18:30 Nov 27 14:18:30 <dw1> threatened BTC cult members love to get triggered in here
<dw1> threatened BTC cult members love to get triggered in here
Nov 27 14:18:43 Nov 27 14:18:43 <dw1> BTC is now the world's biggest ICO
<dw1> BTC is now the world's biggest ICO
Nov 27 14:19:19 Nov 27 14:19:19 <dw1> it might become usable digital cash again if the new revolutionary technology ever works
<dw1> it might become usable digital cash again if the new revolutionary technology ever works
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Nov 27 14:19:44 <AlienTrooper> https://i.imgur.com/wTvXcS1l.png
Nov 27 14:19:44 <AlienTrooper> https://i.imgur.com/wTvXcS1l.png
Nov 27 14:21:00 Nov 27 14:21:00 <dw1> https://bitco.in/forum/threads/announcing-the-next-bu-vote-december-6th.6444/
<dw1> https://bitco.in/forum/threads/announcing-the-next-bu-vote-december-6th.6444/
Nov 27 14:36:54 Nov 27 14:36:54 <raynold> ahh it's a wonderful day
<raynold> ahh it's a wonderful day
Nov 27 14:50:50 Nov 27 14:50:50 <wxss> triggered like Roger Ver?
<wxss> triggered like Roger Ver?
Nov 27 14:51:25 Nov 27 14:51:25 <moriarty> lol wxss
<moriarty> lol wxss
Nov 27 14:51:28 Nov 27 14:51:28 <moriarty> you're hilarious
<moriarty> you're hilarious
Nov 27 14:52:50 Nov 27 14:52:50 <wxss> no i'm not, but that interview Roger gave today was hilarious
<wxss> no i'm not, but that interview Roger gave today was hilarious
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Nov 27 14:53:20 <moriarty> i saw that
Nov 27 14:53:20 <moriarty> i saw that
Nov 27 14:53:25 Nov 27 14:53:25 <wxss> lte-13[m]: copying what? how about the entire source lol?
<wxss> lte-13[m]: copying what? how about the entire source lol?
Nov 27 14:53:37 Nov 27 14:53:37 <wxss> moriarty: i'm still laughing...
<wxss> moriarty: i'm still laughing...
Nov 27 14:53:40 Nov 27 14:53:40 <moriarty> haha
<moriarty> haha
Nov 27 14:53:44 Nov 27 14:53:44 <wxss> what an idiot
<wxss> what an idiot
Nov 27 14:53:51 Nov 27 14:53:51 <lte-13[m]> Where does it say SegShit in the bitcoin whitepaper?
<lte-13[m]> Where does it say SegShit in the bitcoin whitepaper?
Nov 27 14:53:54 Nov 27 14:53:54 <lte-13[m]> Go back to #bcore
<lte-13[m]> Go back to #bcore
Nov 27 14:54:23 Nov 27 14:54:23 <wxss> lte-13[m]: this is not your safe space
<wxss> lte-13[m]: this is not your safe space
Nov 27 14:54:31 Nov 27 14:54:31 <moriarty> ^ triggered
<moriarty> ^ triggered
Nov 27 14:54:32 Nov 27 14:54:32 <lte-13[m]> What interview with roger?
<lte-13[m]> What interview with roger?
Nov 27 14:54:50 Nov 27 14:54:50 <moriarty> wxss, you should show him the video
<moriarty> wxss, you should show him the video
Nov 27 14:54:54 Nov 27 14:54:54 <moriarty> :)
<moriarty> :)
Nov 27 14:55:02 Nov 27 14:55:02 <lte-13[m]> Oh this one
<lte-13[m]> Oh this one
Nov 27 14:55:03 <lte-13[m]> https://www.youtube.com/watch?v=N6NscwzbMvI
Nov 27 14:55:03 <lte-13[m]> https://www.youtube.com/watch?v=N6NscwzbMvI
Nov 27 14:55:10 Nov 27 14:55:10 <lte-13[m]> BTW GREG FATSMELL
<lte-13[m]> BTW GREG FATSMELL
Nov 27 14:55:32 Nov 27 14:55:32 <lte-13[m]> Just got caught using bots to manpilate reddit LOKL
<lte-13[m]> Just got caught using bots to manpilate reddit LOKL
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Nov 27 14:57:16 Nov 27 14:57:16 <moriarty> https://www.cryptocoinsnews.com/missing-hard-drive-with-7500-bitcoin-now-worth-72-million/
<moriarty> https://www.cryptocoinsnews.com/missing-hard-drive-with-7500-bitcoin-now-worth-72-million/
Nov 27 14:59:20 <lte-13[m]> https://www.youtube.com/watch?v=N6NscwzbMvI
Nov 27 14:59:20 <lte-13[m]> https://www.youtube.com/watch?v=N6NscwzbMvI
Nov 27 14:59:21 <lte-13[m]> Woops laready pasted
Nov 27 14:59:21 <lte-13[m]> Woops laready pasted
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Nov 27 15:12:30 Nov 27 15:12:30 <dw1> discrediting roger ver won't stop BCH
<dw1> discrediting roger ver won't stop BCH
Nov 27 15:13:16 Nov 27 15:13:16 <dw1> it's here to stay, time to get back to work and fix your DAA and capacity issues to be competitive instead of letting the users suffer
<dw1> it's here to stay, time to get back to work and fix your DAA and capacity issues to be competitive instead of letting the users suffer
Nov 27 15:22:31 Nov 27 15:22:31 <hinv> dw1 DAA issues?
<hinv> dw1 DAA issues?
Nov 27 15:23:36 Nov 27 15:23:36 <AlienTrooper> Bi does bcash called bitcoin cash?
<AlienTrooper> Bi does bcash called bitcoin cash?
Nov 27 15:24:17 Nov 27 15:24:17 <dw1> yeah, remember nov 12th when BTC lost 67% of miners and the network choked, hinv?
<dw1> yeah, remember nov 12th when BTC lost 67% of miners and the network choked, hinv?
Nov 27 15:24:23 <dw1> that's because of a slow DAA
Nov 27 15:24:23 <dw1> that's because of a slow DAA
Nov 27 15:25:09 <dw1> the only reason BTC survives competition in light of the slow DAA is users are forced to pay high fees which brings the miners back. a few lines of code would allow the hashrate to remain stable without harming the users
Nov 27 15:25:09 <dw1> the only reason BTC survives competition in light of the slow DAA is users are forced to pay high fees which brings the miners back. a few lines of code would allow the hashrate to remain stable without harming the users
Nov 27 15:25:45 Nov 27 15:25:45 <dw1> s/hashrate/block time
<dw1> s/hashrate/block time
Nov 27 15:27:58 Nov 27 15:27:58 <dw1> in my opinion the fear of hard fork is totally unfounded. the vast majority of miners and users would stay with the updated coin
<dw1> in my opinion the fear of hard fork is totally unfounded. the vast majority of miners and users would stay with the updated coin
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Nov 27 15:31:24 <dw1> the benefits of keeping pace with a changing environment far outweigh the risks
Nov 27 15:31:24 <dw1> the benefits of keeping pace with a changing environment far outweigh the risks
Nov 27 15:33:13 Nov 27 15:33:13 <dw1> one must adapt or die
<dw1> one must adapt or die
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Nov 27 15:40:25 <dw1> with a DAA adjustment, the old chain would have no real chance of surviving
Nov 27 15:40:25 <dw1> with a DAA adjustment, the old chain would have no real chance of surviving
Nov 27 15:40:44 Nov 27 15:40:44 <dw1> so what's the hold up
<dw1> so what's the hold up
Nov 27 15:42:39 <dw1> just the continued denial of BCH's right to exist, i guess
Nov 27 15:42:39 <dw1> just the continued denial of BCH's right to exist, i guess
Nov 27 15:43:13 Nov 27 15:43:13 <dw1> the monopoly has ended, deal with it
<dw1> the monopoly has ended, deal with it
Nov 27 15:45:03 Nov 27 15:45:03 <dw1> that and fear of harming the precious golden calf ¯\_(ツ)_/¯
<dw1> that and fear of harming the precious golden calf ¯\_(ツ)_/¯
Nov 27 15:46:57 Nov 27 15:46:57 <dw1> someone i havent ignored correc me if im wrong :p
<dw1> someone i havent ignored correc me if im wrong :p
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Nov 27 15:51:42 <satoshidust> dw1 this is still on track https://www.tradingview.com/chart/BCHUSD/ncDRIbXl-BCHUSD-new-update/
Nov 27 15:51:42 <satoshidust> dw1 this is still on track https://www.tradingview.com/chart/BCHUSD/ncDRIbXl-BCHUSD-new-update/
Nov 27 15:51:54 Nov 27 15:51:54 <satoshidust> you are right btc will have a hard time adapting
<satoshidust> you are right btc will have a hard time adapting
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Nov 27 15:54:49 Nov 27 15:54:49 <dw1> yea should keep going up
<dw1> yea should keep going up
Nov 27 15:55:00 Nov 27 15:55:00 <dw1> people are fed up with Core
<dw1> people are fed up with Core
Nov 27 15:55:38 Nov 27 15:55:38 <dw1> the experimental tech is too slow
<dw1> the experimental tech is too slow
Nov 27 15:55:48 Nov 27 15:55:48 <dw1> to come
<dw1> to come
Nov 27 15:56:36 <dw1> and no matter what, the DAA needs adjustmnet
Nov 27 15:56:36 <dw1> and no matter what, the DAA needs adjustmnet
Nov 27 15:57:09 <dw1> i cant feel good about the coin without that at minimum
Nov 27 15:57:09 <dw1> i cant feel good about the coin without that at minimum
Nov 27 15:58:11 Nov 27 15:58:11 <dw1> https://www.yours.org/content/chain-death-spiral---a-fatal-bitcoin-vulnerability-d9b0dd9d3492/
<dw1> https://www.yours.org/content/chain-death-spiral---a-fatal-bitcoin-vulnerability-d9b0dd9d3492/
Nov 27 16:01:38 Nov 27 16:01:38 <dw1> tfw it's not just about the money
<dw1> tfw it's not just about the money
Nov 27 16:02:42 <dw1> profits*
Nov 27 16:02:42 <dw1> profits*
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Nov 27 16:05:06 <dw1> https://twitter.com/VinnyLingham/status/935124322699567111
Nov 27 16:05:06 <dw1> https://twitter.com/VinnyLingham/status/935124322699567111
Nov 27 16:08:04 Nov 27 16:08:04 <sturles> BCH down to 0.167 today. I think it was higher for the first month. People are switching back to BTC.
<sturles> BCH down to 0.167 today. I think it was higher for the first month. People are switching back to BTC.
Nov 27 16:08:41 Nov 27 16:08:41 <AlienTrooper> No, only smart people are switching back to btc
<AlienTrooper> No, only smart people are switching back to btc
Nov 27 16:08:57 Nov 27 16:08:57 <sturles> Of course.
<sturles> Of course.
Nov 27 16:10:31 Nov 27 16:10:31 <dw1> smart people should see BTC is vulnerable and not meeting demand
<dw1> smart people should see BTC is vulnerable and not meeting demand
Nov 27 16:11:33 Nov 27 16:11:33 <dw1> and has become a mere store of value rather than digital cash for everyday transactions
<dw1> and has become a mere store of value rather than digital cash for everyday transactions
Nov 27 16:11:42 Nov 27 16:11:42 <Megumiin> dw1: bch had to change their DAA because it was doing more damage to BCH than to BTC
<Megumiin> dw1: bch had to change their DAA because it was doing more damage to BCH than to BTC
Nov 27 16:11:59 Nov 27 16:11:59 <dw1> & the unbanked or politically affected
<dw1> & the unbanked or politically affected
Nov 27 16:12:36 Nov 27 16:12:36 <sturles> BCH hyperinflated. It was like Zimbabwe dollars.
<sturles> BCH hyperinflated. It was like Zimbabwe dollars.
Nov 27 16:12:43 Nov 27 16:12:43 <sturles> The had to fix it.
<sturles> The had to fix it.
Nov 27 16:12:49 Nov 27 16:12:49 <sturles> Bitcoin worked fine.
<sturles> Bitcoin worked fine.
Nov 27 16:12:57 Nov 27 16:12:57 <sturles> My exchange had no problems.
<sturles> My exchange had no problems.
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Nov 27 16:25:44 Nov 27 16:25:44 <AlienTrooper> BTC is working perfect, i have made a 17btc transaction with 30 cent fee. I dont fucking see a problem
<AlienTrooper> BTC is working perfect, i have made a 17btc transaction with 30 cent fee. I dont fucking see a problem
Nov 27 16:36:42 Nov 27 16:36:42 <dw1> the fees rise when hashpower migrates due to a slow DAA and full blocks
<dw1> the fees rise when hashpower migrates due to a slow DAA and full blocks
Nov 27 16:37:11 <dw1> non full blocks = send for less than 1 cent, like BCH
Nov 27 16:37:11 <dw1> non full blocks = send for less than 1 cent, like BCH
Nov 27 16:37:31 Nov 27 16:37:31 <Megumiin> dw1: hashrate no longer has anywhere to go for long periods of time
<Megumiin> dw1: hashrate no longer has anywhere to go for long periods of time
Nov 27 16:37:49 Nov 27 16:37:49 <Megumiin> Bch adjusts back up too fast for it to be an issue
<Megumiin> Bch adjusts back up too fast for it to be an issue
Nov 27 16:38:09 Nov 27 16:38:09 <dw1> also not waiting for multiple blocks, hours or days for transactions to go through
<dw1> also not waiting for multiple blocks, hours or days for transactions to go through
Nov 27 16:38:31 Nov 27 16:38:31 <dw1> like the 52000 unconfirmed transactions sitting in queue right now https://twitter.com/UnconfirmedTxns
<dw1> like the 52000 unconfirmed transactions sitting in queue right now https://twitter.com/UnconfirmedTxns
Nov 27 16:38:51 Nov 27 16:38:51 <Megumiin> most of which are low priority transactions which don't need confirmed anytime soon
<Megumiin> most of which are low priority transactions which don't need confirmed anytime soon
Nov 27 16:39:07 <Megumiin> if they did they would have used a normal fee
Nov 27 16:39:07 <Megumiin> if they did they would have used a normal fee
Nov 27 16:39:16 Nov 27 16:39:16 <dw1> 52000 people are suffering as we speak
<dw1> 52000 people are suffering as we speak
Nov 27 16:39:20 Nov 27 16:39:20 <dw1> how does that make you feel
<dw1> how does that make you feel
Nov 27 16:39:23 Nov 27 16:39:23 <dw1> :)
<dw1> :)
Nov 27 16:40:55 Nov 27 16:40:55 <Megumiin> You think 1 tx = 1 person?
<Megumiin> You think 1 tx = 1 person?
Nov 27 16:41:40 <Megumiin> dw1: https://www.reddit.com/r/Bitcoin/comments/7dsn2u/for_those_still_not_convinced_proof_that_the/dq09p24/
Nov 27 16:41:40 <Megumiin> dw1: https://www.reddit.com/r/Bitcoin/comments/7dsn2u/for_those_still_not_convinced_proof_that_the/dq09p24/
Nov 27 16:42:04 Nov 27 16:42:04 <dw1> it's not going to get better, but worse, as more people get involved
<dw1> it's not going to get better, but worse, as more people get involved
Nov 27 16:42:27 Nov 27 16:42:27 <dw1> in a few months, will it be triple?
<dw1> in a few months, will it be triple?
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Nov 27 16:43:00 Nov 27 16:43:00 <dw1> failing to adapt the DAA and capacity is causing a lot of lost market share
<dw1> failing to adapt the DAA and capacity is causing a lot of lost market share
Nov 27 16:43:00 Nov 27 16:43:00 <Megumiin> Maybe gemini will stop using uncompressed legacy transactions
<Megumiin> Maybe gemini will stop using uncompressed legacy transactions
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Nov 27 16:43:09 <sturles> If people want to give higher priority to their queued transactions, they can. At least with BTC transactions. Those waiting at 1 satoshi/kB txfee are just not important enough that people care.
Nov 27 16:43:09 <sturles> If people want to give higher priority to their queued transactions, they can. At least with BTC transactions. Those waiting at 1 satoshi/kB txfee are just not important enough that people care.
Nov 27 16:43:11 Nov 27 16:43:11 <Megumiin> There are zero problems with the current DAA
<Megumiin> There are zero problems with the current DAA
Nov 27 16:43:18 <dw1> it was easliy avoidable
Nov 27 16:43:18 <dw1> it was easliy avoidable
Nov 27 16:43:36 <Megumiin> dw1: bitcoin is getting 6 blocks per hour and 144 per day. That is exactly what the DAA's goal is
Nov 27 16:43:36 <Megumiin> dw1: bitcoin is getting 6 blocks per hour and 144 per day. That is exactly what the DAA's goal is
Nov 27 16:44:00 Nov 27 16:44:00 <sturles> Megumiin: What? BCH DAA has a lot of problems. It oscillates even at constant hashpower.
<sturles> Megumiin: What? BCH DAA has a lot of problems. It oscillates even at constant hashpower.
Nov 27 16:44:08 Nov 27 16:44:08 <dw1> the coin could probably be $20k by now
<dw1> the coin could probably be $20k by now
Nov 27 16:44:10 <dw1> blame your developers
Nov 27 16:44:10 <dw1> blame your developers
Nov 27 16:44:17 Nov 27 16:44:17 <Megumiin> sturles: Bitcoin's DAA is fine. Not bch's
<Megumiin> sturles: Bitcoin's DAA is fine. Not bch's
Nov 27 16:44:23 Nov 27 16:44:23 <sturles> Ah, of course.
<sturles> Ah, of course.
Nov 27 16:44:37 Nov 27 16:44:37 <sturles> Yes, Bitcoin's DAA has proven to be working fine.
<sturles> Yes, Bitcoin's DAA has proven to be working fine.
Nov 27 16:45:14 Nov 27 16:45:14 <sturles> BCH's would as well, if theoy could just merge mine with BTC or something. NMC solved their problems that way.
<sturles> BCH's would as well, if theoy could just merge mine with BTC or something. NMC solved their problems that way.
Nov 27 16:45:42 Nov 27 16:45:42 <AlienTrooper> dw1; That full blocks are spam from roger...u know that
<AlienTrooper> dw1; That full blocks are spam from roger...u know that
Nov 27 16:45:53 Nov 27 16:45:53 <Megumiin> AlienTrooper: they likely aren't
<Megumiin> AlienTrooper: they likely aren't
Nov 27 16:45:55 Nov 27 16:45:55 <dw1> got any proof or do you just believe every troll you read
<dw1> got any proof or do you just believe every troll you read
Nov 27 16:46:43 Nov 27 16:46:43 <AlienTrooper> https://i.imgur.com/wTvXcS1l.png
<AlienTrooper> https://i.imgur.com/wTvXcS1l.png
Nov 27 16:46:45 Nov 27 16:46:45 <AlienTrooper> They are
<AlienTrooper> They are
Nov 27 16:47:04 <sturles> dw1: I am flabbergasted by BTC's current value, and so are most analysts. Where did you pick the 20k number from?
Nov 27 16:47:04 <sturles> dw1: I am flabbergasted by BTC's current value, and so are most analysts. Where did you pick the 20k number from?
Nov 27 16:47:57 Nov 27 16:47:57 <dw1> ...
<dw1> ...
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Nov 27 17:01:16 Nov 27 17:01:16 <dw1> https://cryptovest.com/news/bitstamp-not-deterred-by-bitcoin-cash-haters/
<dw1> https://cryptovest.com/news/bitstamp-not-deterred-by-bitcoin-cash-haters/
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Nov 27 18:02:41 <hinv> AlienTrooper Bitcoin Cash is not bcash. Just as Bitcoin Core is not bcore.
Nov 27 18:02:41 <hinv> AlienTrooper Bitcoin Cash is not bcash. Just as Bitcoin Core is not bcore.
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Nov 27 18:04:00 Nov 27 18:04:00 <hinv> dw1 I look at it different.
<hinv> dw1 I look at it different.
Nov 27 18:04:55 Nov 27 18:04:55 <hinv> their golden calf is an imposter, taken over in a hostile takeover and strangled with 1MB blocks
<hinv> their golden calf is an imposter, taken over in a hostile takeover and strangled with 1MB blocks
Nov 27 18:05:35 Nov 27 18:05:35 <hinv> Bitcoin Cash is the hostile takeback
<hinv> Bitcoin Cash is the hostile takeback
Nov 27 18:07:05 Nov 27 18:07:05 <AlienTrooper> bitcoin cash is an altcoin and people know it as bcash
<AlienTrooper> bitcoin cash is an altcoin and people know it as bcash
Nov 27 18:07:20 Nov 27 18:07:20 <hinv> sturles that is BS. Bitcoin Core had over 140,000 transactions backed up in the mempool waiting to get in a block. That is broken!
<hinv> sturles that is BS. Bitcoin Core had over 140,000 transactions backed up in the mempool waiting to get in a block. That is broken!
Nov 27 18:08:26 Nov 27 18:08:26 <hinv> AlienTrooper which 17BTC transaction? Got a TXID?
<hinv> AlienTrooper which 17BTC transaction? Got a TXID?
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Nov 27 18:10:48 Nov 27 18:10:48 <AlienTrooper> hinv; sing on another table
<AlienTrooper> hinv; sing on another table
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Nov 27 18:13:15 <hinv> AlienTrooper define altcoin.
Nov 27 18:13:15 <hinv> AlienTrooper define altcoin.
Nov 27 18:13:35 Nov 27 18:13:35 <AlienTrooper> .!.
<AlienTrooper> .!.
Nov 27 18:13:40 Nov 27 18:13:40 <AlienTrooper> This is an altcoin
<AlienTrooper> This is an altcoin
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Nov 27 18:13:53 <hinv> do you not have a definition?
Nov 27 18:13:53 <hinv> do you not have a definition?
Nov 27 18:14:35 Nov 27 18:14:35 <hinv> My way of thinking is that the designer and creator and namer of a thing gets to define it.
<hinv> My way of thinking is that the designer and creator and namer of a thing gets to define it.
Nov 27 18:15:20 Nov 27 18:15:20 <dw1> segwit was a major fork without consensus. so perhaps it should have been renamed
<dw1> segwit was a major fork without consensus. so perhaps it should have been renamed
Nov 27 18:15:33 <hinv> Satoshi defined it, "Bitcoin: A Peer-to-Peer Electronic Cash System"
Nov 27 18:15:33 <hinv> Satoshi defined it, "Bitcoin: A Peer-to-Peer Electronic Cash System"
Nov 27 18:15:50 <hinv> https://bitcoin.org/bitcoin.pdf
Nov 27 18:15:50 <hinv> https://bitcoin.org/bitcoin.pdf
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Nov 27 18:16:05 Nov 27 18:16:05 <dw1> soft fork was a hack to avoid renaming the drastic change of direction
<dw1> soft fork was a hack to avoid renaming the drastic change of direction
Nov 27 18:16:38 <dw1> the market is choosing now. just wait longer
Nov 27 18:16:38 <dw1> the market is choosing now. just wait longer
Nov 27 18:16:44 Nov 27 18:16:44 <hinv> Satoshi described increasing the block size "way ahead" of blocks being full.
<hinv> Satoshi described increasing the block size "way ahead" of blocks being full.
Nov 27 18:17:13 Nov 27 18:17:13 <hinv> https://bitcointalk.org/index.php?topic=1347.0
<hinv> https://bitcointalk.org/index.php?topic=1347.0
Nov 27 18:17:36 Nov 27 18:17:36 <dw1> i just ignored him. responses feed his narcissistic rage
<dw1> i just ignored him. responses feed his narcissistic rage
Nov 27 18:17:41 Nov 27 18:17:41 <dw1> have fun
<dw1> have fun
Nov 27 18:18:15 Nov 27 18:18:15 <sturles> hinv: I have a trillion transactions waiting to get in a block. It is easy. I can make them in a minute. It is also a meaningless number. BCH has empty blocks because nobody use it, and the fees are low because who cares about a BCH transaction?
<sturles> hinv: I have a trillion transactions waiting to get in a block. It is easy. I can make them in a minute. It is also a meaningless number. BCH has empty blocks because nobody use it, and the fees are low because who cares about a BCH transaction?
Nov 27 18:19:25 <dw1> narcissistic core members view any opposition as an attack on their self-worth
Nov 27 18:19:25 <dw1> narcissistic core members view any opposition as an attack on their self-worth
Nov 27 18:19:54 Nov 27 18:19:54 <dw1> so they need to abuse people to feel better
<dw1> so they need to abuse people to feel better
Nov 27 18:20:15 Nov 27 18:20:15 <dw1> #daddywasntthere
<dw1> #daddywasntthere
Nov 27 18:20:18 <dw1> hehe
Nov 27 18:20:18 <dw1> hehe
Nov 27 18:21:03 Nov 27 18:21:03 <hinv> sturles, no, Bitcoin Cash has mostly empty blocks because the limit was increased "way ahead" of it being needed, just like Satoshi instructed.
<hinv> sturles, no, Bitcoin Cash has mostly empty blocks because the limit was increased "way ahead" of it being needed, just like Satoshi instructed.
Nov 27 18:21:20 Nov 27 18:21:20 <dw1> it's very difficult to help people with the false self they created long ago. part of the disorder is not seeing one's own faults :(
<dw1> it's very difficult to help people with the false self they created long ago. part of the disorder is not seeing one's own faults :(
Nov 27 18:21:21 Nov 27 18:21:21 <hinv> sturles define "altcoin"
<hinv> sturles define "altcoin"
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Nov 27 18:36:51 Nov 27 18:36:51 <sturles> An altcoin is an alternative to Bitcoin, e.g. Litecoin, Devcoin, Catcoin, Bcash, Bgold, Anoncoin, NEO, etc.
<sturles> An altcoin is an alternative to Bitcoin, e.g. Litecoin, Devcoin, Catcoin, Bcash, Bgold, Anoncoin, NEO, etc.
Nov 27 18:37:40 Nov 27 18:37:40 <sturles> hinv: "Instruced". No. Jeff Garzic wanted to do it before it was needed, and Satoshi said no.
<sturles> hinv: "Instruced". No. Jeff Garzic wanted to do it before it was needed, and Satoshi said no.
Nov 27 18:38:10 Nov 27 18:38:10 <sturles> Block size in Bitcoin was just quadrupled.
<sturles> Block size in Bitcoin was just quadrupled.
Nov 27 18:38:27 Nov 27 18:38:27 <sturles> People aren't using the extra space. They would if it was needed.
<sturles> People aren't using the extra space. They would if it was needed.
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Nov 27 18:39:31 <sturles> I have convinced most of my customers to switch, but many wallets don't even support it yet. I am sure they will if the fee level increases higher than people want to spend.
Nov 27 18:39:31 <sturles> I have convinced most of my customers to switch, but many wallets don't even support it yet. I am sure they will if the fee level increases higher than people want to spend.
Nov 27 18:43:06 <SoCo_cpp_> "quadrupled" is of course misleading, since that isn't usable space.
Nov 27 18:43:06 <SoCo_cpp_> "quadrupled" is of course misleading, since that isn't usable space.
Nov 27 18:45:16 Nov 27 18:45:16 <hinv> sturles you are so dishonest
<hinv> sturles you are so dishonest
Nov 27 18:46:55 Nov 27 18:46:55 <hinv> but even according to your own definition, Bitcoin Core with SegWit is an altcoin
<hinv> but even according to your own definition, Bitcoin Core with SegWit is an altcoin
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Nov 27 18:50:17 Nov 27 18:50:17 <AlienTrooper> https://i.redd.it/vm838qm56k001.jpg
<AlienTrooper> https://i.redd.it/vm838qm56k001.jpg
Nov 27 18:50:28 Nov 27 18:50:28 <AlienTrooper> i`m back bch
<AlienTrooper> i`m back bch
Nov 27 18:50:29 <AlienTrooper> :))
Nov 27 18:50:29 <AlienTrooper> :))
Nov 27 18:50:42 Nov 27 18:50:42 <sturles> hinv: No, it is not. Bitcoin Core with segwit is compatible with all working versions of Bitcoin.
<sturles> hinv: No, it is not. Bitcoin Core with segwit is compatible with all working versions of Bitcoin.
Nov 27 18:50:56 Nov 27 18:50:56 <sturles> Some people still run Bitcoin 0.5. It works fine with segwit.
<sturles> Some people still run Bitcoin 0.5. It works fine with segwit.
Nov 27 18:51:18 Nov 27 18:51:18 <dw1> attacking roger won't destroy BCH, only a better product can do that
<dw1> attacking roger won't destroy BCH, only a better product can do that
Nov 27 18:51:24 Nov 27 18:51:24 <dw1> talk to your developer ASAP
<dw1> talk to your developer ASAP
Nov 27 18:52:41 <sturles> 0.5 doesn't understand segwit transactions, or P2SH transactions, but it stil works. It knows which coins are valid and which are not. Can validate blocks, but not all transactions within them. This is how Bitcoin was designed. For soft upgrades.
Nov 27 18:52:41 <sturles> 0.5 doesn't understand segwit transactions, or P2SH transactions, but it stil works. It knows which coins are valid and which are not. Can validate blocks, but not all transactions within them. This is how Bitcoin was designed. For soft upgrades.
Nov 27 18:53:18 Nov 27 18:53:18 <hinv> sturles SegWit was not in Satoshi's design
<hinv> sturles SegWit was not in Satoshi's design
Nov 27 18:53:29 <hinv> it's an alternative to Satoshi's Bitcoin
Nov 27 18:53:29 <hinv> it's an alternative to Satoshi's Bitcoin
Nov 27 18:54:47 Nov 27 18:54:47 <sturles> P2SH wasn't either. P2SH was an ugly hack. Segwit is much better designed, and solves almost all of the bugs which Satoshi was frustraded with.
<sturles> P2SH wasn't either. P2SH was an ugly hack. Segwit is much better designed, and solves almost all of the bugs which Satoshi was frustraded with.
Nov 27 18:55:01 Nov 27 18:55:01 <sturles> Script versioning, payment channels, RBF, malleabilty, etc.
<sturles> Script versioning, payment channels, RBF, malleabilty, etc.
Nov 27 18:55:29 <sturles> Segwit fixes them all. A very well thought out improvement.
Nov 27 18:55:29 <sturles> Segwit fixes them all. A very well thought out improvement.
Nov 27 18:56:35 Nov 27 18:56:35 <sturles> Remember when Gavin released the first P2SH version, miners missed out the transaction fees due to a bug. It was simply too complicated and messy, and has bloated Bitcoin ever since.
<sturles> Remember when Gavin released the first P2SH version, miners missed out the transaction fees due to a bug. It was simply too complicated and messy, and has bloated Bitcoin ever since.
Nov 27 18:57:02 Nov 27 18:57:02 <sturles> I hope it will be replaced completely by MAST, but I guess we have to live with P2SH for years to come.
<sturles> I hope it will be replaced completely by MAST, but I guess we have to live with P2SH for years to come.
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Nov 27 19:16:14 Nov 27 19:16:14 <dw1> 'Bitcoin is dead. It was split in two. There is bitcoin cash, and bitcoin core/legacy. Deal with it.”'
<dw1> 'Bitcoin is dead. It was split in two. There is bitcoin cash, and bitcoin core/legacy. Deal with it.”'
Nov 27 19:18:37 Nov 27 19:18:37 <wxss> interesting
<wxss> interesting
Nov 27 19:22:13 Nov 27 19:22:13 <dw1> triggered
<dw1> triggered
Nov 27 19:23:07 Nov 27 19:23:07 <wxss> i don't know who said it, but agree he sounds triggered
<wxss> i don't know who said it, but agree he sounds triggered
Nov 27 19:23:51 Nov 27 19:23:51 <dw1> with who
<dw1> with who
Nov 27 19:25:08 Nov 27 19:25:08 <sturles> BCH down more than 10% today, relative to BTC.
<sturles> BCH down more than 10% today, relative to BTC.
Nov 27 19:26:12 Nov 27 19:26:12 <sturles> First time Bitcoin was split in two was in 2011, iirc. Perhaps even 2010.
<sturles> First time Bitcoin was split in two was in 2011, iirc. Perhaps even 2010.
Nov 27 19:26:32 Nov 27 19:26:32 <hinv> sturles if bcore with SegWit is so good, then why would you bother coming on the #bitcoincash with your dishonest claims?
<hinv> sturles if bcore with SegWit is so good, then why would you bother coming on the #bitcoincash with your dishonest claims?
Nov 27 19:26:38 Nov 27 19:26:38 <wxss> BTC is preparing to go over 10k, after shaking off the big blockers
<wxss> BTC is preparing to go over 10k, after shaking off the big blockers
Nov 27 19:26:51 Nov 27 19:26:51 <sturles> hinv: I am not making any dishonest claims.
<sturles> hinv: I am not making any dishonest claims.
Nov 27 19:26:58 Nov 27 19:26:58 <dw1> and you think #bitcoincash cares why
<dw1> and you think #bitcoincash cares why
Nov 27 19:27:25 Nov 27 19:27:25 <dw1> BCH gained over 550% in 30 days
<dw1> BCH gained over 550% in 30 days
Nov 27 19:27:28 Nov 27 19:27:28 <dw1> BTC sux
<dw1> BTC sux
Nov 27 19:27:41 Nov 27 19:27:41 <sturles> dw1: Relative to what?
<sturles> dw1: Relative to what?
Nov 27 19:27:43 Nov 27 19:27:43 <hinv> "<sturles> Block size in Bitcoin was just quadrupled."
<hinv> "<sturles> Block size in Bitcoin was just quadrupled."
Nov 27 19:28:07 Nov 27 19:28:07 <sturles> Yes, it was. Maximum block size in Bitcoin is now 4 MB.
<sturles> Yes, it was. Maximum block size in Bitcoin is now 4 MB.
Nov 27 19:28:15 <wxss> duh
Nov 27 19:28:15 <wxss> duh
Nov 27 19:28:29 Nov 27 19:28:29 <sturles> Check for yourself. It used to be 1 MB.
<sturles> Check for yourself. It used to be 1 MB.
Nov 27 19:28:30 <hinv> where is the announcement?
Nov 27 19:28:30 <hinv> where is the announcement?
Nov 27 19:28:34 Nov 27 19:28:34 <dw1> lol
<dw1> lol
Nov 27 19:29:02 Nov 27 19:29:02 <dw1> omg he made a basic observation
<dw1> omg he made a basic observation
Nov 27 19:29:03 Nov 27 19:29:03 <sturles> hinv: What do you mean? It was annunced more than a year ago, and activated with segwit.
<sturles> hinv: What do you mean? It was annunced more than a year ago, and activated with segwit.
Nov 27 19:29:08 Nov 27 19:29:08 <dw1> GOOD JOB
<dw1> GOOD JOB
Nov 27 19:29:18 Nov 27 19:29:18 <hinv> sturles yeah, that is BS
<hinv> sturles yeah, that is BS
Nov 27 19:29:26 Nov 27 19:29:26 <hinv> you are so dishonest
<hinv> you are so dishonest
Nov 27 19:29:29 <sturles> The announcement?
Nov 27 19:29:29 <sturles> The announcement?
Nov 27 19:29:47 Nov 27 19:29:47 <wxss> sturles, don't trigger the bcashers
<wxss> sturles, don't trigger the bcashers
Nov 27 19:30:07 Nov 27 19:30:07 <hinv> segwit did not raise the maximum block size to 4MB
<hinv> segwit did not raise the maximum block size to 4MB
Nov 27 19:30:08 Nov 27 19:30:08 <dw1> kek
<dw1> kek
Nov 27 19:30:19 Nov 27 19:30:19 <dw1> also only 10% use it or so
<dw1> also only 10% use it or so
Nov 27 19:30:23 Nov 27 19:30:23 <dw1> it's done basically nothing to alleviate the problems
<dw1> it's done basically nothing to alleviate the problems
Nov 27 19:30:44 Nov 27 19:30:44 <hinv> it just packed more transactions into the 1MB blocks
<hinv> it just packed more transactions into the 1MB blocks
Nov 27 19:30:55 Nov 27 19:30:55 <dw1> omg that reminds me
<dw1> omg that reminds me
Nov 27 19:31:12 <dw1> wish i would have saved that graphic
Nov 27 19:31:12 <dw1> wish i would have saved that graphic
Nov 27 19:31:16 Nov 27 19:31:16 <sturles> hinv: Yes, it did. Most blocks are now larger than 1 MB, with just a few segwit transactions. A block full of segwit transactions can be 4 MB minus a few bytes.
<sturles> hinv: Yes, it did. Most blocks are now larger than 1 MB, with just a few segwit transactions. A block full of segwit transactions can be 4 MB minus a few bytes.
Nov 27 19:31:28 Nov 27 19:31:28 <hinv> sturles none are 4MB
<hinv> sturles none are 4MB
Nov 27 19:31:45 Nov 27 19:31:45 <sturles> No, people don't use the extra space yet.
<sturles> No, people don't use the extra space yet.
Nov 27 19:32:08 Nov 27 19:32:08 <hinv> the maximum block size itself is 1MB no matter how many transactions you stuff into it
<hinv> the maximum block size itself is 1MB no matter how many transactions you stuff into it
Nov 27 19:32:27 Nov 27 19:32:27 <sturles> https://blockchain.info/blocks/1511742709316
<sturles> https://blockchain.info/blocks/1511742709316
Nov 27 19:32:41 Nov 27 19:32:41 <dw1> segwit is the deformed siamese twin attached to BTC blocks
<dw1> segwit is the deformed siamese twin attached to BTC blocks
Nov 27 19:32:42 Nov 27 19:32:42 <sturles> See many blocks smaller than 1 MB?
<sturles> See many blocks smaller than 1 MB?
Nov 27 19:32:53 Nov 27 19:32:53 <sturles> hinv: Stop lying.
<sturles> hinv: Stop lying.
Nov 27 19:33:41 Nov 27 19:33:41 <dw1> https://twitter.com/sedonatvcom/status/934937450249703426
<dw1> https://twitter.com/sedonatvcom/status/934937450249703426
Nov 27 19:33:45 <sturles> Yesterday a total of 7 bitcoin blocks of 1 MB or less were produced.
Nov 27 19:33:45 <sturles> Yesterday a total of 7 bitcoin blocks of 1 MB or less were produced.
Nov 27 19:34:00 Nov 27 19:34:00 <hinv> because the Bitcoin Core has strangled the blocksize for 3 years now instead of increasing it "way ahead" of when it was needed like Satoshi said to
<hinv> because the Bitcoin Core has strangled the blocksize for 3 years now instead of increasing it "way ahead" of when it was needed like Satoshi said to
Nov 27 19:34:24 Nov 27 19:34:24 <dw1> they were too scared all their users and miners would abandon them if they forked
<dw1> they were too scared all their users and miners would abandon them if they forked
Nov 27 19:34:24 Nov 27 19:34:24 <hinv> sturles what was SegWit2x about then?
<hinv> sturles what was SegWit2x about then?
Nov 27 19:34:45 Nov 27 19:34:45 <dw1> so they created a monstrosity
<dw1> so they created a monstrosity
Nov 27 19:34:57 Nov 27 19:34:57 <sturles> hinv: Instead they fixed all the other bugs Satoshi wanted to get fixed *and* increase block space in one single soft fork. Now, that is achievement!
<sturles> hinv: Instead they fixed all the other bugs Satoshi wanted to get fixed *and* increase block space in one single soft fork. Now, that is achievement!
Nov 27 19:35:12 Nov 27 19:35:12 <sturles> hinv: Segwit2x was a scam.
<sturles> hinv: Segwit2x was a scam.
Nov 27 19:35:16 Nov 27 19:35:16 <dw1> https://twitter.com/leadthewise/status/933886358514552832
<dw1> https://twitter.com/leadthewise/status/933886358514552832
Nov 27 19:35:23 Nov 27 19:35:23 <hinv> there are 17000 backed up transactions in bcore, but only 152 for Bitcoin Cash
<hinv> there are 17000 backed up transactions in bcore, but only 152 for Bitcoin Cash
Nov 27 19:35:44 <sturles> It was about tricking people into buying worthless BT2 tokens on Bitfinex and elsewhere.
Nov 27 19:35:44 <sturles> It was about tricking people into buying worthless BT2 tokens on Bitfinex and elsewhere.
Nov 27 19:35:52 Nov 27 19:35:52 * dw1 going through old likes
* dw1 going through old likes
Nov 27 19:36:29 Nov 27 19:36:29 <sturles> hinv: Block size increase announcement is burried here: https://bitcoin.org/en/release/v0.13.1
<sturles> hinv: Block size increase announcement is burried here: https://bitcoin.org/en/release/v0.13.1
Nov 27 19:36:37 Nov 27 19:36:37 <dw1> https://twitter.com/WolfOfBigBlocks/status/927240350581784576
<dw1> https://twitter.com/WolfOfBigBlocks/status/927240350581784576
Nov 27 19:36:49 Nov 27 19:36:49 <sturles> Specifically, each byte of a segregated witness is given a weight of 1, each other byte in a block is given a weight of 4, and the maximum allowed weight of a block is 4 million.
<sturles> Specifically, each byte of a segregated witness is given a weight of 1, each other byte in a block is given a weight of 4, and the maximum allowed weight of a block is 4 million.
Nov 27 19:36:55 Nov 27 19:36:55 <hinv> that link https://blockchain.info/blocks/1511742709316 shows all of them about 1MB
<hinv> that link https://blockchain.info/blocks/1511742709316 shows all of them about 1MB
Nov 27 19:36:58 Nov 27 19:36:58 <hinv> none at 4MB
<hinv> none at 4MB
Nov 27 19:37:48 <dw1> satoshi also mentioned tx's being free or near free
Nov 27 19:37:48 <dw1> satoshi also mentioned tx's being free or near free
Nov 27 19:37:50 Nov 27 19:37:50 <dw1> https://twitter.com/OnWindowly/status/932483466372849664
<dw1> https://twitter.com/OnWindowly/status/932483466372849664
Nov 27 19:38:03 Nov 27 19:38:03 <sturles> Correct, because there isn't much demand for the block size increase yet. They keep using old style transactions, not taking advantage of the increase.
<sturles> Correct, because there isn't much demand for the block size increase yet. They keep using old style transactions, not taking advantage of the increase.
Nov 27 19:38:04 Nov 27 19:38:04 <hinv> sturles, you are just dishonestly redefining the terms
<hinv> sturles, you are just dishonestly redefining the terms
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Nov 27 19:38:21 Nov 27 19:38:21 <sturles> Which terms am I redefining?
<sturles> Which terms am I redefining?
Nov 27 19:38:28 Nov 27 19:38:28 <hinv> sturles MB
<hinv> sturles MB
Nov 27 19:38:42 <sturles> Huh? MB is one million bytes.
Nov 27 19:38:42 <sturles> Huh? MB is one million bytes.
Nov 27 19:38:44 <dw1> https://twitter.com/beijingbitcoins/status/932515251722919936
Nov 27 19:38:44 <dw1> https://twitter.com/beijingbitcoins/status/932515251722919936
Nov 27 19:39:04 Nov 27 19:39:04 <hinv> what is a block then? sturles
<hinv> what is a block then? sturles
Nov 27 19:39:22 <hinv> no, MB is 1024KB
Nov 27 19:39:22 <hinv> no, MB is 1024KB
Nov 27 19:39:40 Nov 27 19:39:40 <hinv> KB=1024bytes
<hinv> KB=1024bytes
Nov 27 19:39:40 <sturles> 1 MiB is 1024 KiB.
Nov 27 19:39:40 <sturles> 1 MiB is 1024 KiB.
Nov 27 19:39:52 Nov 27 19:39:52 <sturles> KB = 1000 bytes, KiB = 1024 bytes.
<sturles> KB = 1000 bytes, KiB = 1024 bytes.
Nov 27 19:40:01 Nov 27 19:40:01 <hinv> like I said, you are redefining the terms
<hinv> like I said, you are redefining the terms
Nov 27 19:40:04 <hinv> but that one is minor
Nov 27 19:40:04 <hinv> but that one is minor
Nov 27 19:40:09 Nov 27 19:40:09 <hinv> show me a 4MB block
<hinv> show me a 4MB block
Nov 27 19:40:16 <hinv> on bitcoin core
Nov 27 19:40:16 <hinv> on bitcoin core
Nov 27 19:40:19 Nov 27 19:40:19 <sturles> The maximum size of a bitcoin block was 1 million bytes until segwit was activated.
<sturles> The maximum size of a bitcoin block was 1 million bytes until segwit was activated.
Nov 27 19:40:30 Nov 27 19:40:30 <dw1> https://twitter.com/justicemate/status/929492599982800896
<dw1> https://twitter.com/justicemate/status/929492599982800896
Nov 27 19:40:39 Nov 27 19:40:39 <hinv> what is a block?
<hinv> what is a block?
Nov 27 19:41:12 <sturles> hinv: I am not going to pay the fees to generate spam to make a 4 MB block of segwit transactions just to show some dimwit altcoin supporter.
Nov 27 19:41:12 <sturles> hinv: I am not going to pay the fees to generate spam to make a 4 MB block of segwit transactions just to show some dimwit altcoin supporter.
Nov 27 19:41:27 <wxss> hinv, send you complaints to the IEC who defined MB and MiB
Nov 27 19:41:27 <wxss> hinv, send you complaints to the IEC who defined MB and MiB
Nov 27 19:41:36 Nov 27 19:41:36 <sturles> A block is very well defined, e.g. in Satoshi's paper.
<sturles> A block is very well defined, e.g. in Satoshi's paper.
Nov 27 19:41:40 Nov 27 19:41:40 <hinv> you are so dishonest
<hinv> you are so dishonest
Nov 27 19:41:48 <sturles> A header and a list of transactions.
Nov 27 19:41:48 <sturles> A header and a list of transactions.
Nov 27 19:41:51 Nov 27 19:41:51 <dw1> https://fork.lol/reward/fees ouch
<dw1> https://fork.lol/reward/fees ouch
Nov 27 19:41:55 * JamesAU_ ([email protected]) has joined #bitcoincash
Nov 27 19:41:55 * JamesAU_ ([email protected]) has joined #bitcoincash
Nov 27 19:42:06 Nov 27 19:42:06 <hinv> "<sturles> Block size in Bitcoin was just quadrupled."
<hinv> "<sturles> Block size in Bitcoin was just quadrupled."
Nov 27 19:42:08 <dw1> which coin is really "for the miners" at this point
Nov 27 19:42:08 <dw1> which coin is really "for the miners" at this point
Nov 27 19:42:09 <dw1> smh
Nov 27 19:42:09 <dw1> smh
Nov 27 19:42:21 Nov 27 19:42:21 <sturles> hinv: It was.
<sturles> hinv: It was.
Nov 27 19:43:02 * JamesAU has quit (Ping timeout: 276 seconds)
Nov 27 19:43:02 * JamesAU has quit (Ping timeout: 276 seconds)
Nov 27 19:43:03 Nov 27 19:43:03 <hinv> show me a 4MB block then
<hinv> show me a 4MB block then
Nov 27 19:43:15 <sturles> hinv: You are confusing megabyte and mebibyte. See https://en.wikipedia.org/wiki/Mebibyte
Nov 27 19:43:15 <sturles> hinv: You are confusing megabyte and mebibyte. See https://en.wikipedia.org/wiki/Mebibyte
Nov 27 19:43:19 <hinv> there have been 1MB blocks going back a year I think
Nov 27 19:43:19 <hinv> there have been 1MB blocks going back a year I think
Nov 27 19:43:29 Nov 27 19:43:29 <sturles> vs https://en.wikipedia.org/wiki/Megabyte
<sturles> vs https://en.wikipedia.org/wiki/Megabyte
Nov 27 19:43:53 Nov 27 19:43:53 <sturles> You can't find a single block > 1 million bytes before segwit was activated.
<sturles> You can't find a single block > 1 million bytes before segwit was activated.
Nov 27 19:44:04 Nov 27 19:44:04 <hinv> sturles no, I am not.....
<hinv> sturles no, I am not.....
Nov 27 19:44:16 Nov 27 19:44:16 <sturles> Yes, you are.
<sturles> Yes, you are.
Nov 27 19:45:01 Nov 27 19:45:01 <hinv> I don't care what wikipedia says. KB =1024bytes in 1980, and MB=1024KB long before wikipedia existed
<hinv> I don't care what wikipedia says. KB =1024bytes in 1980, and MB=1024KB long before wikipedia existed
Nov 27 19:45:09 Nov 27 19:45:09 <hinv> but that is a minor point
<hinv> but that is a minor point
Nov 27 19:45:10 Nov 27 19:45:10 <sturles> "n 1998 the International Electrotechnical Commission (IEC) proposed standards for binary prefixes requiring the use of megabyte to strictly denote 10002 bytes and mebibyte to denote 10242 bytes. By the end of 2009, the IEC Standard had been adopted by the IEEE, EU, ISO and NIST."
<sturles> "n 1998 the International Electrotechnical Commission (IEC) proposed standards for binary prefixes requiring the use of megabyte to strictly denote 10002 bytes and mebibyte to denote 10242 bytes. By the end of 2009, the IEC Standard had been adopted by the IEEE, EU, ISO and NIST."
Nov 27 19:45:24 Nov 27 19:45:24 <hinv> show me a 4MB block even using your definition of MB
<hinv> show me a 4MB block even using your definition of MB
Nov 27 19:45:25 Nov 27 19:45:25 <sturles> Bitcoin was created after 1998.
<sturles> Bitcoin was created after 1998.
Nov 27 19:45:55 Nov 27 19:45:55 <sturles> hinv: You are repeating youself. I answered that above. Are you a goldfish?
<sturles> hinv: You are repeating youself. I answered that above. Are you a goldfish?
Nov 27 19:46:11 * JamesAU_ has quit (Ping timeout: 240 seconds)
Nov 27 19:46:11 * JamesAU_ has quit (Ping timeout: 240 seconds)
Nov 27 19:46:12 Nov 27 19:46:12 <dw1> narcissists self worth is threatened whenever you oppose them, so they will rage endlessly
<dw1> narcissists self worth is threatened whenever you oppose them, so they will rage endlessly
Nov 27 19:46:18 <dw1> https://i.imgur.com/7vtRiWX.png
Nov 27 19:46:18 <dw1> https://i.imgur.com/7vtRiWX.png
Nov 27 19:46:19 Nov 27 19:46:19 <hinv> no you didn't sturles
<hinv> no you didn't sturles
Nov 27 19:46:32 Nov 27 19:46:32 <sturles> 01:41 < sturles> hinv: I am not going to pay the fees to generate spam to make a 4 MB block of segwit transactions just to show some dimwit altcoin supporter.
<sturles> 01:41 < sturles> hinv: I am not going to pay the fees to generate spam to make a 4 MB block of segwit transactions just to show some dimwit altcoin supporter.
Nov 27 19:46:44 Nov 27 19:46:44 <sturles> And:
<sturles> And:
Nov 27 19:46:44 <sturles> 01:38 < sturles> Correct, because there isn't much demand for the block size increase yet. They keep using old style transactions, not taking advantage of the increase.
Nov 27 19:46:44 <sturles> 01:38 < sturles> Correct, because there isn't much demand for the block size increase yet. They keep using old style transactions, not taking advantage of the increase.
Nov 27 19:47:35 Nov 27 19:47:35 <sturles> The block size will increase according to demand. As long as people are willing to pay the extra price of using old style transactions, the blocks will be smaller.
<sturles> The block size will increase according to demand. As long as people are willing to pay the extra price of using old style transactions, the blocks will be smaller.
Nov 27 19:47:56 Nov 27 19:47:56 <hinv> sturles there are 17000 backed up transactions
<hinv> sturles there are 17000 backed up transactions
Nov 27 19:48:00 Nov 27 19:48:00 <hinv> what do you call that?
<hinv> what do you call that?
Nov 27 19:48:08 Nov 27 19:48:08 <dw1> was 52000 earlier
<dw1> was 52000 earlier
Nov 27 19:48:14 Nov 27 19:48:14 <dw1> actually 45000 now
<dw1> actually 45000 now
Nov 27 19:48:18 Nov 27 19:48:18 <dw1> https://twitter.com/UnconfirmedTxns
<dw1> https://twitter.com/UnconfirmedTxns
Nov 27 19:48:19 Nov 27 19:48:19 <hinv> a little over a week ago thee were 140000 tranactions backed up in mempool
<hinv> a little over a week ago thee were 140000 tranactions backed up in mempool
Nov 27 19:48:21 Nov 27 19:48:21 <sturles> Not much. I can make trillions if you want to. It is just a number.
<sturles> Not much. I can make trillions if you want to. It is just a number.
Nov 27 19:48:29 Nov 27 19:48:29 <dw1> all those users, suffering
<dw1> all those users, suffering
Nov 27 19:48:45 Nov 27 19:48:45 <hinv> dw1 I don't know where you are getting your numbers, but I am running a bitcoin core wallet
<hinv> dw1 I don't know where you are getting your numbers, but I am running a bitcoin core wallet
Nov 27 19:48:53 Nov 27 19:48:53 <dw1> hmm
<dw1> hmm
Nov 27 19:48:58 Nov 27 19:48:58 <hinv> it is showing 17700 transactions and growing
<hinv> it is showing 17700 transactions and growing
Nov 27 19:49:00 Nov 27 19:49:00 <dw1> yea, i guess every node is different
<dw1> yea, i guess every node is different
Nov 27 19:49:04 Nov 27 19:49:04 <hinv> no
<hinv> no
Nov 27 19:49:07 Nov 27 19:49:07 <hinv> they shouldn't be
<hinv> they shouldn't be
Nov 27 19:49:14 Nov 27 19:49:14 <sturles> If they were suffering, they would just add a fee to the transaction to get it confirmed.
<sturles> If they were suffering, they would just add a fee to the transaction to get it confirmed.
Nov 27 19:49:17 Nov 27 19:49:17 <dw1> https://jochen-hoenicke.de/queue/#24h
<dw1> https://jochen-hoenicke.de/queue/#24h
Nov 27 19:49:20 Nov 27 19:49:20 <dw1> even he's showing 48k
<dw1> even he's showing 48k
Nov 27 19:49:23 Nov 27 19:49:23 <dw1> oh my
<dw1> oh my
Nov 27 19:49:29 Nov 27 19:49:29 <dw1> bad day for BTC
<dw1> bad day for BTC
Nov 27 19:49:58 Nov 27 19:49:58 <hinv> sturles yeah, I did ad a $61 fee to get a transaction through to sell off some bitcoin
<hinv> sturles yeah, I did ad a $61 fee to get a transaction through to sell off some bitcoin
Nov 27 19:50:04 Nov 27 19:50:04 <dw1> https://blockchain.info/unconfirmed-transactions
<dw1> https://blockchain.info/unconfirmed-transactions
Nov 27 19:50:05 <dw1> 51k there
Nov 27 19:50:05 <dw1> 51k there
Nov 27 19:50:09 <sturles> Don't try to make your bad day for BCH into a bad day for BTC based on some inflated number.
Nov 27 19:50:09 <sturles> Don't try to make your bad day for BCH into a bad day for BTC based on some inflated number.
Nov 27 19:50:11 Nov 27 19:50:11 <dw1> poor fucking users
<dw1> poor fucking users
Nov 27 19:50:31 Nov 27 19:50:31 <sturles> hinv: Did you have a wallet full of pennies, or something?
<sturles> hinv: Did you have a wallet full of pennies, or something?
Nov 27 19:50:51 Nov 27 19:50:51 <sturles> hinv: Did you make sure to use a segwit transaction?
<sturles> hinv: Did you make sure to use a segwit transaction?
Nov 27 19:50:53 <dw1> just kill yourself sturles it's not getting better
Nov 27 19:50:53 <dw1> just kill yourself sturles it's not getting better
Nov 27 19:50:59 Nov 27 19:50:59 * wxss wants more bad days where BTC goes up more than 500 USD
* wxss wants more bad days where BTC goes up more than 500 USD
Nov 27 19:51:15 Nov 27 19:51:15 <hinv> sturles, no, it was about 4 inputs...but there was 140,000 backlogged transactions
<hinv> sturles, no, it was about 4 inputs...but there was 140,000 backlogged transactions
Nov 27 19:51:28 Nov 27 19:51:28 <dw1> BCH is outperforming it percentage-wise
<dw1> BCH is outperforming it percentage-wise
Nov 27 19:51:32 Nov 27 19:51:32 <sturles> dw1: The "poor fucking users" are having a party, celebrating a new day of incredible price rally.
<sturles> dw1: The "poor fucking users" are having a party, celebrating a new day of incredible price rally.
Nov 27 19:51:33 Nov 27 19:51:33 <dw1> so bragging wont help you wxss
<dw1> so bragging wont help you wxss
Nov 27 19:52:03 Nov 27 19:52:03 <sturles> hinv: Using segwit, you gould get away with about 1/4 of the fees, you know.
<sturles> hinv: Using segwit, you gould get away with about 1/4 of the fees, you know.
Nov 27 19:52:04 Nov 27 19:52:04 <dw1> and we're about to see a doubling
<dw1> and we're about to see a doubling
Nov 27 19:52:27 Nov 27 19:52:27 <hinv> sturles we would all be celebrating $40k bitcoin right now if it wasn't for the hostile takeover by Blockstream
<hinv> sturles we would all be celebrating $40k bitcoin right now if it wasn't for the hostile takeover by Blockstream
Nov 27 19:52:34 Nov 27 19:52:34 <dw1> ^
<dw1> ^
Nov 27 19:52:49 Nov 27 19:52:49 <sturles> hinv: What did Blockstream take over?
<sturles> hinv: What did Blockstream take over?
Nov 27 19:52:58 Nov 27 19:52:58 <sturles> The satellites?
<sturles> The satellites?
Nov 27 19:53:00 Nov 27 19:53:00 <hinv> Bitcoin Core
<hinv> Bitcoin Core
Nov 27 19:53:24 Nov 27 19:53:24 <sturles> Hah, no. Nobody at Blockstream even have commit rights on Bitcoin Core.
<sturles> Hah, no. Nobody at Blockstream even have commit rights on Bitcoin Core.
Nov 27 19:53:27 Nov 27 19:53:27 <hinv> Maxwell took over the github account from Garzik a long time ago
<hinv> Maxwell took over the github account from Garzik a long time ago
Nov 27 19:53:49 Nov 27 19:53:49 <sturles> He does't have commit rights either.
<sturles> He does't have commit rights either.
Nov 27 19:54:13 <sturles> And I don't think Garzik gave away his github account.
Nov 27 19:54:13 <sturles> And I don't think Garzik gave away his github account.
Nov 27 19:54:25 Nov 27 19:54:25 <hinv> Blockstream funds most of Core and destroyed consensus through sensorship
<hinv> Blockstream funds most of Core and destroyed consensus through sensorship
Nov 27 19:54:32 <sturles> What?
Nov 27 19:54:32 <sturles> What?
Nov 27 19:54:35 <hinv> on reddit
Nov 27 19:54:35 <hinv> on reddit
Nov 27 19:55:11 Nov 27 19:55:11 <sturles> Blockstream hires 3 out of ~100 Bitcoin developers. E.g. Chaincode Labs pay 4 full time Bitcoin developers. Your claims are BS.
<sturles> Blockstream hires 3 out of ~100 Bitcoin developers. E.g. Chaincode Labs pay 4 full time Bitcoin developers. Your claims are BS.
Nov 27 19:55:18 Nov 27 19:55:18 <wxss> he took over a github account on reddit?
<wxss> he took over a github account on reddit?
Nov 27 19:55:41 Nov 27 19:55:41 <hinv> dw1 don't use https://twitter.com/UnconfirmedTxns. It is not accurate
<hinv> dw1 don't use https://twitter.com/UnconfirmedTxns. It is not accurate
Nov 27 19:56:02 <wxss> g maxwell has his own github and reddit account
Nov 27 19:56:02 <wxss> g maxwell has his own github and reddit account
Nov 27 19:56:24 Nov 27 19:56:24 <BBass> haha....who uses that shit?
<BBass> haha....who uses that shit?
Nov 27 19:56:35 Nov 27 19:56:35 <hinv> Maxwell doesn't know economics any better than sturtles
<hinv> Maxwell doesn't know economics any better than sturtles
Nov 27 19:57:02 Nov 27 19:57:02 <wxss> hinv, my mother knows more about Bitcoin than you
<wxss> hinv, my mother knows more about Bitcoin than you
Nov 27 19:57:04 Nov 27 19:57:04 <dw1> hinv i just posted 2 other sites that confirm it is
<dw1> hinv i just posted 2 other sites that confirm it is
Nov 27 19:57:25 Nov 27 19:57:25 <dw1> mempool is ~50k
<dw1> mempool is ~50k
Nov 27 19:57:29 <wxss> Bitmain and Roger Ver fund most of Bcash
Nov 27 19:57:29 <wxss> Bitmain and Roger Ver fund most of Bcash
Nov 27 19:57:31 Nov 27 19:57:31 <hinv> wxss, could be...if so, you are blessed
<hinv> wxss, could be...if so, you are blessed
Nov 27 19:57:47 Nov 27 19:57:47 <hinv> wxss, got any evidence of that?
<hinv> wxss, got any evidence of that?
Nov 27 19:58:37 Nov 27 19:58:37 <hinv> dw1 my mempool shows ~17k
<hinv> dw1 my mempool shows ~17k
Nov 27 19:58:51 Nov 27 19:58:51 <hinv> dw1 are you running a full bitcoin core node?
<hinv> dw1 are you running a full bitcoin core node?
Nov 27 19:58:52 Nov 27 19:58:52 <dw1> what makes more sense, 3 people are wrong or you are
<dw1> what makes more sense, 3 people are wrong or you are
Nov 27 19:58:55 Nov 27 19:58:55 <dw1> hehe
<dw1> hehe
Nov 27 19:58:57 <wxss> this is #bitcoincash, the rbtc of freenode, who needs reason and evidence?
Nov 27 19:58:57 <wxss> this is #bitcoincash, the rbtc of freenode, who needs reason and evidence?
Nov 27 19:59:56 Nov 27 19:59:56 <dw1> i might be able to find the twitter guys source shortly
<dw1> i might be able to find the twitter guys source shortly
Nov 27 19:59:58 Nov 27 19:59:58 <hinv> wxss only honest people
<hinv> wxss only honest people
Nov 27 20:00:01 Nov 27 20:00:01 <dw1> it's probably one of the two i posted
<dw1> it's probably one of the two i posted
Nov 27 20:00:14 Nov 27 20:00:14 <sturles> I have 48086 transactions in my mempool. mempoolminfee is 0.00000000, so I guess most of them pay no or very low fees.
<sturles> I have 48086 transactions in my mempool. mempoolminfee is 0.00000000, so I guess most of them pay no or very low fees.
Nov 27 20:00:15 * scar45|znc is now known as scar45
Nov 27 20:00:15 * scar45|znc is now known as scar45
Nov 27 20:00:28 <dw1> hmm no, his is lower
Nov 27 20:00:28 <dw1> hmm no, his is lower
Nov 27 20:00:53 Nov 27 20:00:53 <hinv> dw1 it may be correct actually. It may be that my pre SegWit bitcoin core doesn't see the SegWit transactions in the mempool.
<hinv> dw1 it may be correct actually. It may be that my pre SegWit bitcoin core doesn't see the SegWit transactions in the mempool.
Nov 27 20:01:10 Nov 27 20:01:10 <dw1> segwit only has 10% adoption so i doubt thats it
<dw1> segwit only has 10% adoption so i doubt thats it
Nov 27 20:01:22 Nov 27 20:01:22 <sturles> I sometimes send batch job transactions myself. Just let them hang around until there is some extra fee room in a block.
<sturles> I sometimes send batch job transactions myself. Just let them hang around until there is some extra fee room in a block.
Nov 27 20:02:05 Nov 27 20:02:05 <hinv> sturles doesn't sound very convenient
<hinv> sturles doesn't sound very convenient
Nov 27 20:02:39 <sturles> Why not? Typically dust consolidation.
Nov 27 20:02:39 <sturles> Why not? Typically dust consolidation.
Nov 27 20:02:43 Nov 27 20:02:43 <hinv> convenience and low fees are two of the things that drive adoption
<hinv> convenience and low fees are two of the things that drive adoption
Nov 27 20:02:44 Nov 27 20:02:44 <sturles> To a segwit address.
<sturles> To a segwit address.
Nov 27 20:02:58 Nov 27 20:02:58 <dw1> BTC is going to face global rejection shortly at this rate
<dw1> BTC is going to face global rejection shortly at this rate
Nov 27 20:03:06 Nov 27 20:03:06 <sturles> Makes later transactions cheaper, when the blocks are more congested.
<sturles> Makes later transactions cheaper, when the blocks are more congested.
Nov 27 20:03:18 Nov 27 20:03:18 <dw1> fees are high af
<dw1> fees are high af
Nov 27 20:03:39 Nov 27 20:03:39 <hinv> sturles did you just say that Bitcoin Core blocks get conjested?
<hinv> sturles did you just say that Bitcoin Core blocks get conjested?
Nov 27 20:03:40 <wxss> nobody is using BTC because the fees are so high
Nov 27 20:03:40 <wxss> nobody is using BTC because the fees are so high
Nov 27 20:03:43 Nov 27 20:03:43 * JamesAU ([email protected]) has joined #bitcoincash
* JamesAU ([email protected]) has joined #bitcoincash
Nov 27 20:03:54 Nov 27 20:03:54 <wxss> oh wait
<wxss> oh wait
Nov 27 20:03:58 Nov 27 20:03:58 <dw1> people buy in, then they start using it and "zomg this sux"
<dw1> people buy in, then they start using it and "zomg this sux"
Nov 27 20:04:51 <hinv> yeah, I introduce people to bitcoin with bitcoin cash as I don't want to pay $8 to get a transaction through or wait hours
Nov 27 20:04:51 <hinv> yeah, I introduce people to bitcoin with bitcoin cash as I don't want to pay $8 to get a transaction through or wait hours
Nov 27 20:05:06 <sturles> hinv: Sometimes there is more competition, and you need to pay higher fees to get a transaction through, yes. So it pays off to have pre-arranged some nice largish segwit outputs, so you don't overpay on fees. That way I keep my costs low.
Nov 27 20:05:06 <sturles> hinv: Sometimes there is more competition, and you need to pay higher fees to get a transaction through, yes. So it pays off to have pre-arranged some nice largish segwit outputs, so you don't overpay on fees. That way I keep my costs low.
Nov 27 20:05:11 Nov 27 20:05:11 <dw1> definition of ponzi
<dw1> definition of ponzi
Nov 27 20:05:40 Nov 27 20:05:40 <hinv> dw1, what?
<hinv> dw1, what?
Nov 27 20:05:47 Nov 27 20:05:47 <sturles> hinv: I run an exchange, and make many transactions every day.
<sturles> hinv: I run an exchange, and make many transactions every day.
Nov 27 20:05:57 <dw1> all the old btcers taking advantage of new ones
Nov 27 20:05:57 <dw1> all the old btcers taking advantage of new ones
Nov 27 20:06:05 <hinv> which exchange sturles ?
Nov 27 20:06:05 <hinv> which exchange sturles ?
Nov 27 20:06:11 <sturles> A small one.
Nov 27 20:06:11 <sturles> A small one.
Nov 27 20:06:25 Nov 27 20:06:25 <sturles> Just ~50 BTC daily volume.
<sturles> Just ~50 BTC daily volume.
Nov 27 20:06:27 Nov 27 20:06:27 <sturles> bitmynt.no
<sturles> bitmynt.no
Nov 27 20:06:38 Nov 27 20:06:38 <hinv> dw1 no, we don't need to pitch fud
<hinv> dw1 no, we don't need to pitch fud
Nov 27 20:07:16 Nov 27 20:07:16 <hinv> Bitcoin Core currently has more demand than Bitcoin Cash and roughly the same supply
<hinv> Bitcoin Core currently has more demand than Bitcoin Cash and roughly the same supply
Nov 27 20:07:24 <hinv> so the price is higher
Nov 27 20:07:24 <hinv> so the price is higher
Nov 27 20:07:38 <hinv> ponzi is different
Nov 27 20:07:38 <hinv> ponzi is different
Nov 27 20:08:20 Nov 27 20:08:20 <hinv> sturles why are you here?
<hinv> sturles why are you here?
Nov 27 20:08:31 Nov 27 20:08:31 <dw1> narcissistic supply
<dw1> narcissistic supply
Nov 27 20:08:44 Nov 27 20:08:44 <hinv> dw1, just stick to the facts.
<hinv> dw1, just stick to the facts.
Nov 27 20:09:03 Nov 27 20:09:03 <dw1> look it up
<dw1> look it up
Nov 27 20:09:09 Nov 27 20:09:09 <hinv> We don't need to pitch FUD. We just need to combat it.
<hinv> We don't need to pitch FUD. We just need to combat it.
Nov 27 20:09:39 Nov 27 20:09:39 <dw1> it's clearly an attempt to restore his damaged self-esteem
<dw1> it's clearly an attempt to restore his damaged self-esteem
Nov 27 20:10:34 <sturles> hinv: To see what is happening around different altcoins.
Nov 27 20:10:34 <sturles> hinv: To see what is happening around different altcoins.
Nov 27 20:11:41 Nov 27 20:11:41 <dw1> best just ignore it
<dw1> best just ignore it
Nov 27 20:11:48 Nov 27 20:11:48 <dw1> logic isn't his motivation
<dw1> logic isn't his motivation
Nov 27 20:11:54 Nov 27 20:11:54 <dw1> nor a cure
<dw1> nor a cure
Nov 27 20:12:16 Nov 27 20:12:16 <hinv> sturles, how does making dishonest claims like "<sturles> Block size in Bitcoin was just quadrupled." help you see what is happening?
<hinv> sturles, how does making dishonest claims like "<sturles> Block size in Bitcoin was just quadrupled." help you see what is happening?
Nov 27 20:13:13 Nov 27 20:13:13 <sturles> It isn't dishonest, it is a fact. Maximum block size quadrupled when segwit was activated. I added a link to the documentation.
<sturles> It isn't dishonest, it is a fact. Maximum block size quadrupled when segwit was activated. I added a link to the documentation.
Nov 27 20:13:41 <sturles> This isn't being used, because users don't demand it yet.
Nov 27 20:13:41 <sturles> This isn't being used, because users don't demand it yet.
Nov 27 20:13:43 <dw1> they just continually gaslight and abuse
Nov 27 20:13:43 <dw1> they just continually gaslight and abuse
Nov 27 20:13:52 Nov 27 20:13:52 <hinv> dw1, I find it is better to ask people to explain their intentions than impugn intentions to people
<hinv> dw1, I find it is better to ask people to explain their intentions than impugn intentions to people
Nov 27 20:13:53 Nov 27 20:13:53 <dw1> to try to feel good about themselves
<dw1> to try to feel good about themselves
Nov 27 20:14:11 Nov 27 20:14:11 <dw1> a narc cant see their own disorder
<dw1> a narc cant see their own disorder
Nov 27 20:14:29 Nov 27 20:14:29 <dw1> part of the disorder is not recognizing their own mistakes
<dw1> part of the disorder is not recognizing their own mistakes
Nov 27 20:14:30 Nov 27 20:14:30 <sturles> I use segwit transactions myself, to take advantage out of the extra space, but most users don't care and pay the txfees.
<sturles> I use segwit transactions myself, to take advantage out of the extra space, but most users don't care and pay the txfees.
Nov 27 20:15:18 <hinv> sturles how many transactions have to be in the backlog in order for Core to see it as a demand?
Nov 27 20:15:18 <hinv> sturles how many transactions have to be in the backlog in order for Core to see it as a demand?
Nov 27 20:15:45 Nov 27 20:15:45 <dw1> http://narcissisticbehavior.net/narcissism-and-the-addiction-to-narcissistic-supply/
<dw1> http://narcissisticbehavior.net/narcissism-and-the-addiction-to-narcissistic-supply/
Nov 27 20:15:45 Nov 27 20:15:45 <sturles> "Core" isn't rpeventing users to use segwit transactions.
<sturles> "Core" isn't rpeventing users to use segwit transactions.
Nov 27 20:15:57 Nov 27 20:15:57 <dw1> "it does not matter whether the supply is good or bad"
<dw1> "it does not matter whether the supply is good or bad"
Nov 27 20:16:03 Nov 27 20:16:03 <dw1> any attention feeds it
<dw1> any attention feeds it
Nov 27 20:16:09 Nov 27 20:16:09 <sturles> And the number of transactions in backlog is nothing but a meaningless number.
<sturles> And the number of transactions in backlog is nothing but a meaningless number.
Nov 27 20:16:22 Nov 27 20:16:22 <sturles> A more interesting nuber is the amount of pending txfees.
<sturles> A more interesting nuber is the amount of pending txfees.
Nov 27 20:16:24 Nov 27 20:16:24 <hinv> what is the maximum block size sturles ?
<hinv> what is the maximum block size sturles ?
Nov 27 20:16:29 <hinv> for Core?
Nov 27 20:16:29 <hinv> for Core?
Nov 27 20:16:31 Nov 27 20:16:31 <sturles> 4 MB.
<sturles> 4 MB.
Nov 27 20:16:50 <hinv> does 4MB get added to the blockchain on disk?
Nov 27 20:16:50 <hinv> does 4MB get added to the blockchain on disk?
Nov 27 20:17:42 Nov 27 20:17:42 <sturles> The full size of every block get added to the blockchain on disk, yes.
<sturles> The full size of every block get added to the blockchain on disk, yes.
Nov 27 20:17:44 Nov 27 20:17:44 <hinv> sturles?
<hinv> sturles?
Nov 27 20:17:44 <dw1> they're parasites
Nov 27 20:17:44 <dw1> they're parasites
Nov 27 20:18:02 Nov 27 20:18:02 <hinv> so where is a 4MB block?
<hinv> so where is a 4MB block?
Nov 27 20:18:44 <sturles> THis is the third time you ask the same question. Are you a goldfish?
Nov 27 20:18:44 <sturles> THis is the third time you ask the same question. Are you a goldfish?
Nov 27 20:18:55 <hinv> sturles do you know of any blocks that are over 1.2MB?
Nov 27 20:18:55 <hinv> sturles do you know of any blocks that are over 1.2MB?
Nov 27 20:19:16 Nov 27 20:19:16 <sturles> Yes, but I have to look for it.
<sturles> Yes, but I have to look for it.
Nov 27 20:19:25 Nov 27 20:19:25 <sturles> I think 1.6 MB is the largest by now.
<sturles> I think 1.6 MB is the largest by now.
Nov 27 20:19:31 <dw1> they exhaust others with zero empathy
Nov 27 20:19:31 <dw1> they exhaust others with zero empathy
Nov 27 20:19:44 <hinv> sturles prove it
Nov 27 20:19:44 <hinv> sturles prove it
Nov 27 20:20:11 Nov 27 20:20:11 <sturles> 496134 was 1.4 MB.
<sturles> 496134 was 1.4 MB.
Nov 27 20:20:48 Nov 27 20:20:48 <sturles> 493182 was 1.6 MB.
<sturles> 493182 was 1.6 MB.
Nov 27 20:21:05 Nov 27 20:21:05 <sturles> 1602023 bytes
<sturles> 1602023 bytes
Nov 27 20:22:10 Nov 27 20:22:10 <dw1> https://www.healthyplace.com/personality-disorders/malignant-self-love/narcissists-narcissistic-supply-and-sources-of-supply/
<dw1> https://www.healthyplace.com/personality-disorders/malignant-self-love/narcissists-narcissistic-supply-and-sources-of-supply/
Nov 27 20:22:22 Nov 27 20:22:22 <dw1> you got a bloodsucker
<dw1> you got a bloodsucker
Nov 27 20:22:23 Nov 27 20:22:23 <dw1> hehe
<dw1> hehe
Nov 27 20:22:39 <hinv> Relayed By BitClub Network
Nov 27 20:22:39 <hinv> Relayed By BitClub Network
Nov 27 20:22:45 Nov 27 20:22:45 <sturles> dw1: We all know about your dicease now. Take it to #psychos or whatever.
<sturles> dw1: We all know about your dicease now. Take it to #psychos or whatever.
Nov 27 20:23:14 Nov 27 20:23:14 <hinv> sturles did 496134 take up 1.4MB on disk on each full Bitcoin Core node?
<hinv> sturles did 496134 take up 1.4MB on disk on each full Bitcoin Core node?
Nov 27 20:24:22 Nov 27 20:24:22 <sturles> Each full Bitcoin Core node which ask for the witness, yes. I.e. every node > 0.13.1.
<sturles> Each full Bitcoin Core node which ask for the witness, yes. I.e. every node > 0.13.1.
Nov 27 20:24:52 Nov 27 20:24:52 <sturles> The witness doesn't mean anything to older nodes.
<sturles> The witness doesn't mean anything to older nodes.
Nov 27 20:25:26 <hinv> but the witness data doesn't go in the block right?
Nov 27 20:25:26 <hinv> but the witness data doesn't go in the block right?
Nov 27 20:25:41 Nov 27 20:25:41 <sturles> Yes, the witness data go into the block.
<sturles> Yes, the witness data go into the block.
Nov 27 20:25:48 Nov 27 20:25:48 <wxss> hinv, you've been reading to much rbtc
<wxss> hinv, you've been reading to much rbtc
Nov 27 20:25:55 Nov 27 20:25:55 <wxss> s/to/too/
<wxss> s/to/too/
Nov 27 20:26:19 Nov 27 20:26:19 <hinv> sturles, so how is it segregated?
<hinv> sturles, so how is it segregated?
Nov 27 20:26:35 Nov 27 20:26:35 <sturles> The witness data is part of the block. It must be there to validate transactions spending the outputs generated correctly.
<sturles> The witness data is part of the block. It must be there to validate transactions spending the outputs generated correctly.
Nov 27 20:27:04 <hinv> sturles, so how is it segregated?
Nov 27 20:27:04 <hinv> sturles, so how is it segregated?
Nov 27 20:29:03 <sturles> It allows transaction signatures to be separated from the transaction itself, and therefore to be located outside of the traditional block structure. It is still part of the block.
Nov 27 20:29:03 <sturles> It allows transaction signatures to be separated from the transaction itself, and therefore to be located outside of the traditional block structure. It is still part of the block.
Nov 27 20:29:42 Nov 27 20:29:42 <sturles> Let me see if I can find something for you to read on segregated witness..
<sturles> Let me see if I can find something for you to read on segregated witness..
Nov 27 20:29:43 Nov 27 20:29:43 <BBass> http://lmgtfy.com/?q=segregated+witness
<BBass> http://lmgtfy.com/?q=segregated+witness
Nov 27 20:29:47 Nov 27 20:29:47 <hinv> so what was SegWit2x about?
<hinv> so what was SegWit2x about?
Nov 27 20:30:31 <sturles> Segwit2x was a scam.
Nov 27 20:30:31 <sturles> Segwit2x was a scam.
Nov 27 20:30:55 Nov 27 20:30:55 <sturles> It was rigged to be impossible to actually activate the 2x part.
<sturles> It was rigged to be impossible to actually activate the 2x part.
Nov 27 20:31:10 Nov 27 20:31:10 <hinv> what was the 2X part?
<hinv> what was the 2X part?
Nov 27 20:31:14 Nov 27 20:31:14 <sturles> It was an excuse for miners to activate segwit before UASF did.
<sturles> It was an excuse for miners to activate segwit before UASF did.
Nov 27 20:31:39 Nov 27 20:31:39 <sturles> The 2x part was BS. It was doubling of the maximum block size to 8 MB.
<sturles> The 2x part was BS. It was doubling of the maximum block size to 8 MB.
Nov 27 20:31:56 Nov 27 20:31:56 <sturles> hinv: Try this: https://bitcoincore.org/en/2016/06/24/segwit-next-steps/
<sturles> hinv: Try this: https://bitcoincore.org/en/2016/06/24/segwit-next-steps/
Nov 27 20:32:50 Nov 27 20:32:50 <hinv> so who determines when the maximum block size is used?
<hinv> so who determines when the maximum block size is used?
Nov 27 20:33:04 Nov 27 20:33:04 <sturles> Users and miners.
<sturles> Users and miners.
Nov 27 20:33:10 <hinv> how?
Nov 27 20:33:10 <hinv> how?
Nov 27 20:33:41 Nov 27 20:33:41 <sturles> Users need to use segwit transactions to take advantage of the extra space. Miners have to configure their software to create the larger blocks.
<sturles> Users need to use segwit transactions to take advantage of the extra space. Miners have to configure their software to create the larger blocks.
Nov 27 20:34:33 Nov 27 20:34:33 <sturles> It took a while for the first > 1MB block to be created, because miners had set blockmaxsize to 1 MB.
<sturles> It took a while for the first > 1MB block to be created, because miners had set blockmaxsize to 1 MB.
Nov 27 20:34:57 Nov 27 20:34:57 <hinv> so miners could make 4x the transaction fees but don't because they would have to upgrade their software?
<hinv> so miners could make 4x the transaction fees but don't because they would have to upgrade their software?
Nov 27 20:35:19 Nov 27 20:35:19 <sturles> No.
<sturles> No.
Nov 27 20:36:24 Nov 27 20:36:24 <sturles> Miners won't make 4x the transaction fees. As the blocks and capacity grows, people will pay lower fees. The total amount of fees will not go to 4x.
<sturles> Miners won't make 4x the transaction fees. As the blocks and capacity grows, people will pay lower fees. The total amount of fees will not go to 4x.
Nov 27 20:36:30 <hinv> ok, you're probably right since they will pick the bigger fees to put in a block
Nov 27 20:36:30 <hinv> ok, you're probably right since they will pick the bigger fees to put in a block
Nov 27 20:36:37 <sturles> That would only happen if the fee was fixed.
Nov 27 20:36:37 <sturles> That would only happen if the fee was fixed.
Nov 27 20:37:11 Nov 27 20:37:11 <hinv> but they could put more transactions in a block but chose not to even though those backlogged transactions have fees?
<hinv> but they could put more transactions in a block but chose not to even though those backlogged transactions have fees?
Nov 27 20:38:28 Nov 27 20:38:28 <hinv> so why is there still a backlog?
<hinv> so why is there still a backlog?
Nov 27 20:38:47 Nov 27 20:38:47 <sturles> Only segwit transactions can take advantage of the extra space. There have to be enough segwit transactions to mine, and no non-segwit transactions which pay a higher txfee.
<sturles> Only segwit transactions can take advantage of the extra space. There have to be enough segwit transactions to mine, and no non-segwit transactions which pay a higher txfee.
Nov 27 20:39:08 <sturles> There will always be a backlog for reasons already explained.
Nov 27 20:39:08 <sturles> There will always be a backlog for reasons already explained.
Nov 27 20:39:23 <sturles> E.g. my dust collection "batch job" transactions.
Nov 27 20:39:23 <sturles> E.g. my dust collection "batch job" transactions.
Nov 27 20:40:12 Nov 27 20:40:12 <hinv> There doesn't have to be
<hinv> There doesn't have to be
Nov 27 20:40:28 Nov 27 20:40:28 <sturles> 1 satoshi/byte to collect dust into larger transactions for spending. Dust which is unusable at normal fee levels.
<sturles> 1 satoshi/byte to collect dust into larger transactions for spending. Dust which is unusable at normal fee levels.
Nov 27 20:40:33 Nov 27 20:40:33 <dw1> #shitcoin
<dw1> #shitcoin
Nov 27 20:40:48 Nov 27 20:40:48 <dw1> segwit has nothing to do with #bitcoincash
<dw1> segwit has nothing to do with #bitcoincash
Nov 27 20:40:53 <dw1> (╯°□°)╯ ︵ (ヽ.▫.)ヽ
Nov 27 20:40:53 <dw1> (╯°□°)╯ ︵ (ヽ.▫.)ヽ
Nov 27 20:41:07 <hinv> sturles, I don't like your definition of "normal fee levels"
Nov 27 20:41:07 <hinv> sturles, I don't like your definition of "normal fee levels"
Nov 27 20:41:22 <hinv> Bitcoin Cash has a much better user experience
Nov 27 20:41:22 <hinv> Bitcoin Cash has a much better user experience
Nov 27 20:41:24 Nov 27 20:41:24 <sturles> hinv: Satoshi put the limit there for a reason. IBS already takes days.
<sturles> hinv: Satoshi put the limit there for a reason. IBS already takes days.
Nov 27 20:41:53 Nov 27 20:41:53 <sturles> Many altcoins have low transaction demand, and therefore low or zero fees.
<sturles> Many altcoins have low transaction demand, and therefore low or zero fees.
Nov 27 20:41:57 <hinv> yes, and he gave guidance for it to be increased "way ahead" of whe it was needed
Nov 27 20:41:57 <hinv> yes, and he gave guidance for it to be increased "way ahead" of whe it was needed
Nov 27 20:42:20 Nov 27 20:42:20 <sturles> And he said no when Jeff Garzik wanted to.
<sturles> And he said no when Jeff Garzik wanted to.
Nov 27 20:42:23 Nov 27 20:42:23 <hinv> "It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete."
<hinv> "It can start being in versions way ahead, so by the time it reaches that block number and goes into effect, the older versions that don't have it are already obsolete."
Nov 27 20:42:54 <dw1> learn 2 b on topic
Nov 27 20:42:54 <dw1> learn 2 b on topic
Nov 27 20:43:00 Nov 27 20:43:00 <sturles> Fortunately Bitcoin found a much better way to do it by a soft fork.
<sturles> Fortunately Bitcoin found a much better way to do it by a soft fork.
Nov 27 20:43:35 Nov 27 20:43:35 <sturles> Soft forks were invented by Satoshi as well, btw. He didn't know how powerful soft forks could be.
<sturles> Soft forks were invented by Satoshi as well, btw. He didn't know how powerful soft forks could be.
Nov 27 20:44:14 Nov 27 20:44:14 <dw1> BCH rulez
<dw1> BCH rulez
Nov 27 20:44:18 <hinv> sturles, he said no to jgarzik's wanting to raise the blocksize to "at least match Paypal's average transaction rate..." long before those transactions were there
Nov 27 20:44:18 <hinv> sturles, he said no to jgarzik's wanting to raise the blocksize to "at least match Paypal's average transaction rate..." long before those transactions were there
Nov 27 20:45:33 Nov 27 20:45:33 <sturles> I love how Bitcoin has developed over they years, with a few exceptions. P2SH was unclean. Segwit is pure genious.
<sturles> I love how Bitcoin has developed over they years, with a few exceptions. P2SH was unclean. Segwit is pure genious.
Nov 27 20:45:46 Nov 27 20:45:46 <hinv> sturles, satoshi told jgarzik not to because "Don't use this patch, it'll make you incompatible with the network, to your own detriment."
<hinv> sturles, satoshi told jgarzik not to because "Don't use this patch, it'll make you incompatible with the network, to your own detriment."
Nov 27 20:45:48 <sturles> The new opcodes are great as well.
Nov 27 20:45:48 <sturles> The new opcodes are great as well.
Nov 27 20:45:59 <sturles> Yep.
Nov 27 20:45:59 <sturles> Yep.
Nov 27 20:46:40 Nov 27 20:46:40 <sturles> Btw, no Bitcoin version from Satoshi's time could handle 1 MB blocks either. They would crash.
<sturles> Btw, no Bitcoin version from Satoshi's time could handle 1 MB blocks either. They would crash.
Nov 27 20:47:00 Nov 27 20:47:00 <hinv> so your saying that "<sturles> And he said no when Jeff Garzik wanted to." was for what reason?
<hinv> so your saying that "<sturles> And he said no when Jeff Garzik wanted to." was for what reason?
Nov 27 20:47:40 Nov 27 20:47:40 <sturles> Because he didn't want to at the time.
<sturles> Because he didn't want to at the time.
Nov 27 20:48:02 Nov 27 20:48:02 <hinv> and he had a very good reason not to at the time
<hinv> and he had a very good reason not to at the time
Nov 27 20:48:11 Nov 27 20:48:11 <hinv> not that 1MB block limit was bad
<hinv> not that 1MB block limit was bad
Nov 27 20:48:25 <hinv> but rather that it wasn't needed yet
Nov 27 20:48:25 <hinv> but rather that it wasn't needed yet
Nov 27 20:48:41 Nov 27 20:48:41 <sturles> Just think about how long an IBD would have taken today if block size was doubled three years ago, with all the spam attacks which have been since. Bitcoin would become useless for new users.
<sturles> Just think about how long an IBD would have taken today if block size was doubled three years ago, with all the spam attacks which have been since. Bitcoin would become useless for new users.
Nov 27 20:48:43 Nov 27 20:48:43 <hinv> there was no 17k or 48k backlog of transactions back then
<hinv> there was no 17k or 48k backlog of transactions back then
Nov 27 20:49:01 Nov 27 20:49:01 <hinv> IBD?
<hinv> IBD?
Nov 27 20:49:15 Nov 27 20:49:15 <sturles> Initial Block Download.
<sturles> Initial Block Download.
Nov 27 20:49:30 Nov 27 20:49:30 <hinv> sure, a long time
<hinv> sure, a long time
Nov 27 20:49:35 Nov 27 20:49:35 <hinv> takes a long time now
<hinv> takes a long time now
Nov 27 20:49:41 Nov 27 20:49:41 <dw1> are you looking at mempool megabytes perhaps hinv
<dw1> are you looking at mempool megabytes perhaps hinv
Nov 27 20:49:44 Nov 27 20:49:44 <sturles> Even a trillion tx backlog wouldn't worry me. 50 BTC txfees backlog, that would worry me.
<sturles> Even a trillion tx backlog wouldn't worry me. 50 BTC txfees backlog, that would worry me.
Nov 27 20:49:45 Nov 27 20:49:45 <dw1> instead of # tx
<dw1> instead of # tx
Nov 27 20:50:12 Nov 27 20:50:12 <hinv> I'm running v0.12.1.0-g9779e1e of bcore
<hinv> I'm running v0.12.1.0-g9779e1e of bcore
Nov 27 20:50:34 <hinv> 42.03MB Memory usage in the Memory Pool
Nov 27 20:50:34 <hinv> 42.03MB Memory usage in the Memory Pool
Nov 27 20:50:37 <sturles> the number of free transactions waiting in your mempool is only limited by the size of your mempool.
Nov 27 20:50:37 <sturles> the number of free transactions waiting in your mempool is only limited by the size of your mempool.
Nov 27 20:51:07 Nov 27 20:51:07 <sturles> Free transactions are free.
<sturles> Free transactions are free.
Nov 27 20:52:04 Nov 27 20:52:04 <hinv> not from my experience
<hinv> not from my experience
Nov 27 20:52:11 Nov 27 20:52:11 <sturles> It doesn't cost me anything to broadcast a free transaction. I can bump the fee and get it mined one day, if I want to.
<sturles> It doesn't cost me anything to broadcast a free transaction. I can bump the fee and get it mined one day, if I want to.
Nov 27 20:52:23 Nov 27 20:52:23 <hinv> free transactions don't show up, for instance on blockchain.info even as unconfirmed
<hinv> free transactions don't show up, for instance on blockchain.info even as unconfirmed
Nov 27 20:53:01 Nov 27 20:53:01 <sturles> blockchain.info has a limited mempool.
<sturles> blockchain.info has a limited mempool.
Nov 27 20:53:11 Nov 27 20:53:11 <sturles> A free transaction won't replace any other transaction.
<sturles> A free transaction won't replace any other transaction.
Nov 27 20:54:06 * sturles is going to bed
Nov 27 20:54:06 * sturles is going to bed
Nov 27 20:54:09 Nov 27 20:54:09 <sturles> Good night
<sturles> Good night
Nov 27 20:54:15 <dw1> yea i heard it varies by node .. https://btc.com/stats/unconfirmed-tx has 80MB
Nov 27 20:54:15 <dw1> yea i heard it varies by node .. https://btc.com/stats/unconfirmed-tx has 80MB
Nov 27 20:54:33 Nov 27 20:54:33 <dw1> 69M https://blockchain.info/charts/mempool-size
<dw1> 69M https://blockchain.info/charts/mempool-size
Nov 27 20:54:43 Nov 27 20:54:43 <hinv> sturles, don't come back
<hinv> sturles, don't come back
Nov 27 20:55:13 Nov 27 20:55:13 <dw1> 78M https://jochen-hoenicke.de/queue/#24h
<dw1> 78M https://jochen-hoenicke.de/queue/#24h
Nov 27 20:55:16 Nov 27 20:55:16 <dw1> ¯\_(ツ)_/¯
<dw1> ¯\_(ツ)_/¯
Nov 27 20:57:02 Nov 27 20:57:02 <dw1> 72M https://statoshi.info/dashboard/db/memory-pool
<dw1> 72M https://statoshi.info/dashboard/db/memory-pool
Nov 27 20:57:30 Nov 27 20:57:30 <dw1> so seems to be around 50k tx today
<dw1> so seems to be around 50k tx today
Nov 27 20:58:47 <dw1> no bueno
Nov 27 20:58:47 <dw1> no bueno
Nov 27 20:59:34 Nov 27 20:59:34 <dw1> BCH 1 sat/byte foreva
<dw1> BCH 1 sat/byte foreva
Nov 27 21:00:10 <dw1> https://bitcoinfees.earn.com/
Nov 27 21:00:10 <dw1> https://bitcoinfees.earn.com/
Nov 27 21:00:23 Nov 27 21:00:23 <dw1> 17000 paid more than 300sat/byte in the past 24h
<dw1> 17000 paid more than 300sat/byte in the past 24h
Nov 27 21:00:33 <dw1> ouch
Nov 27 21:00:33 <dw1> ouch
Nov 27 21:01:15 * JamesAU has quit (Remote host closed the connection)
Nov 27 21:01:15 * JamesAU has quit (Remote host closed the connection)
Nov 27 21:01:34 <dw1> at the smallest transaction size of 225 bytes that's 6.58 USD
Nov 27 21:01:34 <dw1> at the smallest transaction size of 225 bytes that's 6.58 USD
Nov 27 21:03:01 Nov 27 21:03:01 <dw1> with many inputs.. god help us all
<dw1> with many inputs.. god help us all
Nov 27 21:03:40 Nov 27 21:03:40 <hinv> I paid .01BTC to transfer some to buy some mining pool shares about a week ago
<hinv> I paid .01BTC to transfer some to buy some mining pool shares about a week ago
Nov 27 21:04:04 Nov 27 21:04:04 <hinv> was $61 at the time
<hinv> was $61 at the time
Nov 27 21:04:25 Nov 27 21:04:25 <hinv> because the backlog showing on my Bitcoin Core wallet was showing 140K transactions
<hinv> because the backlog showing on my Bitcoin Core wallet was showing 140K transactions
Nov 27 21:06:20 Nov 27 21:06:20 <satoshidust> lose 5% after gaining 400% and the haters show up in droves lol
<satoshidust> lose 5% after gaining 400% and the haters show up in droves lol
Nov 27 21:07:17 Nov 27 21:07:17 <dw1> heeh
<dw1> heeh
Nov 27 21:07:39 <hinv> !cap
Nov 27 21:07:39 <hinv> !cap
Nov 27 21:07:40 Nov 27 21:07:40 <Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $27188325644.0 2785058.46975224 BTC, MoneySupply: 16825813.0, Price: $1615.87, 0.166475 BTC, Volume: $1335760000.0, 136829.67278926 BTC 1h: 0.39%, 24h: -5.36%, 7d: 35.82%
<Smarty47> Bitcoin Cash, symbol: BCH, rank: 3, MarketCap $27188325644.0 2785058.46975224 BTC, MoneySupply: 16825813.0, Price: $1615.87, 0.166475 BTC, Volume: $1335760000.0, 136829.67278926 BTC 1h: 0.39%, 24h: -5.36%, 7d: 35.82%
Nov 27 21:07:47 Nov 27 21:07:47 <dw1> soon we will feast on the dragon's corpse
<dw1> soon we will feast on the dragon's corpse
Nov 27 21:07:49 Nov 27 21:07:49 <hinv> lol
<hinv> lol
Nov 27 21:08:00 Nov 27 21:08:00 <satoshidust> dw1 indeed!
<satoshidust> dw1 indeed!
Nov 27 21:08:02 Nov 27 21:08:02 <dw1> heeh
<dw1> heeh
Nov 27 21:09:07 Nov 27 21:09:07 <hinv> sturles was saying the block size quadrupled...yet he pointed me to documentation that shows "new-style blocks can hold more data than older-style blocks, allowing a modest increase to the amount of transaction data that can fit in a block"
<hinv> sturles was saying the block size quadrupled...yet he pointed me to documentation that shows "new-style blocks can hold more data than older-style blocks, allowing a modest increase to the amount of transaction data that can fit in a block"
Nov 27 21:09:45 Nov 27 21:09:45 <satoshidust> because of segwit?
<satoshidust> because of segwit?
Nov 27 21:09:50 Nov 27 21:09:50 <hinv> yep
<hinv> yep
Nov 27 21:09:56 <hinv> https://bitcoincore.org/en/2016/06/24/segwit-next-steps/
Nov 27 21:09:56 <hinv> https://bitcoincore.org/en/2016/06/24/segwit-next-steps/
Nov 27 21:10:41 <satoshidust> it is really interesting, that almost no one on core side realizes that segwit transactions as a whole (including segregated data) actually take up more space...
Nov 27 21:10:41 <satoshidust> it is really interesting, that almost no one on core side realizes that segwit transactions as a whole (including segregated data) actually take up more space...
Nov 27 21:10:49 Nov 27 21:10:49 <dw1> this seemed comprehensive https://btcmanager.com/understanding-block-weight-how-much-capacity-does-segwit-really-give/
<dw1> this seemed comprehensive https://btcmanager.com/understanding-block-weight-how-much-capacity-does-segwit-really-give/
Nov 27 21:11:05 Nov 27 21:11:05 <dw1> but i cant be bothered
<dw1> but i cant be bothered
Nov 27 21:11:08 Nov 27 21:11:08 <dw1> to really understand it
<dw1> to really understand it
Nov 27 21:11:45 Nov 27 21:11:45 <hinv> I'm not saying that SegWit wasn't a good idea, but block size increases are way overdue
<hinv> I'm not saying that SegWit wasn't a good idea, but block size increases are way overdue
Nov 27 21:11:55 <dw1> yeah
Nov 27 21:11:55 <dw1> yeah
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Nov 27 21:12:17 Nov 27 21:12:17 <lte-13[m]> https://youtu.be/MX9sNPMQEyg?t=13m15s
<lte-13[m]> https://youtu.be/MX9sNPMQEyg?t=13m15s
Nov 27 21:12:21 Nov 27 21:12:21 <hinv> and bcore's user experience is horrible
<hinv> and bcore's user experience is horrible
Nov 27 21:12:26 Nov 27 21:12:26 <lte-13[m]> SEGWIT TROLL GETTING BTFOD!!!!!!!!!!
<lte-13[m]> SEGWIT TROLL GETTING BTFOD!!!!!!!!!!
Nov 27 21:13:20 Nov 27 21:13:20 <satoshidust> bcore took months before they even had segwit in the gui, I'm not convinced it even is yet
<satoshidust> bcore took months before they even had segwit in the gui, I'm not convinced it even is yet
Nov 27 21:14:01 Nov 27 21:14:01 <hinv> well, I am going to upgrade to find out
<hinv> well, I am going to upgrade to find out
Nov 27 21:14:18 Nov 27 21:14:18 <dw1> https://twitter.com/sedonatvcom/status/934937450249703426
<dw1> https://twitter.com/sedonatvcom/status/934937450249703426
Nov 27 21:14:39 Nov 27 21:14:39 <hinv> because if, by chance, I can get away with 1/4th the transaction fees, then it will be worth my time
<hinv> because if, by chance, I can get away with 1/4th the transaction fees, then it will be worth my time
Nov 27 21:14:54 Nov 27 21:14:54 <hinv> but still not a reason to have a huge backlog of transactions
<hinv> but still not a reason to have a huge backlog of transactions
Nov 27 21:15:07 Nov 27 21:15:07 <hinv> doesn't excuse the hostile takeover either
<hinv> doesn't excuse the hostile takeover either
Nov 27 21:15:25 <hinv> of github or r/bitcoin
Nov 27 21:15:25 <hinv> of github or r/bitcoin
Nov 27 21:17:17 Nov 27 21:17:17 <satoshidust> hinv, all my btc is now in segwit addresses, maybe it's 1/4 the fee but personally I haven't noticed it being any better
<satoshidust> hinv, all my btc is now in segwit addresses, maybe it's 1/4 the fee but personally I haven't noticed it being any better
Nov 27 21:19:35 Nov 27 21:19:35 <dw1> https://i.imgur.com/ywxnlWl.jpg
<dw1> https://i.imgur.com/ywxnlWl.jpg
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Nov 27 21:24:39 <satoshidust> dw1 yeah idk why anyone is upset about a shitty altcoin that is going to die yesterday
Nov 27 21:24:39 <satoshidust> dw1 yeah idk why anyone is upset about a shitty altcoin that is going to die yesterday
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Nov 27 21:31:25 Nov 27 21:31:25 <satoshidust> based on the log charts, a huge move should be coming soon with the new big wave of new users
<satoshidust> based on the log charts, a huge move should be coming soon with the new big wave of new users
Nov 27 21:31:29 Nov 27 21:31:29 <satoshidust> to btc*
<satoshidust> to btc*
Nov 27 21:31:47 Nov 27 21:31:47 <hinv> dw1, thanks for the excellent debate
<hinv> dw1, thanks for the excellent debate
Nov 27 21:31:49 Nov 27 21:31:49 <hinv> link
<hinv> link
Nov 27 21:32:51 Nov 27 21:32:51 <satoshidust> but this is also the first time there would be a wave with such high transaction fees; a lot of people only buy like $20 at first to test it out, they could easy pay 25%-50% of that in fees
<satoshidust> but this is also the first time there would be a wave with such high transaction fees; a lot of people only buy like $20 at first to test it out, they could easy pay 25%-50% of that in fees
Nov 27 21:33:07 Nov 27 21:33:07 <lte-13[m]> https://www.youtube.com/watch?v=mB0mG7wMvM8
<lte-13[m]> https://www.youtube.com/watch?v=mB0mG7wMvM8
Nov 27 21:33:09 Nov 27 21:33:09 <lte-13[m]> LMAO
<lte-13[m]> LMAO
Nov 27 21:35:01 <satoshidust> Roger taking a lot of bullets for us lately
Nov 27 21:35:01 <satoshidust> Roger taking a lot of bullets for us lately
Nov 27 21:37:44 Nov 27 21:37:44 <lte-13[m]> https://youtu.be/MX9sNPMQEyg?t=13m43s
<lte-13[m]> https://youtu.be/MX9sNPMQEyg?t=13m43s
Nov 27 21:37:49 <lte-13[m]> BCORE BTFO
Nov 27 21:37:49 <lte-13[m]> BCORE BTFO
Nov 27 21:38:59 Nov 27 21:38:59 <satoshidust> do none of them know ethereum has taken all of their transactions?
<satoshidust> do none of them know ethereum has taken all of their transactions?
Nov 27 21:41:38 Nov 27 21:41:38 <satoshidust> lte-13[m], good links
<satoshidust> lte-13[m], good links
Nov 27 21:56:21 Nov 27 21:56:21 <dw1> tl;dw
<dw1> tl;dw
Nov 27 21:57:21 Nov 27 21:57:21 <dw1> but yea, roger is relentless
<dw1> but yea, roger is relentless
Nov 27 21:57:26 Nov 27 21:57:26 <dw1> (⌐■_■)
<dw1> (⌐■_■)
Nov 27 21:58:11 Nov 27 21:58:11 <dw1> i did watch his apology video heh
<dw1> i did watch his apology video heh
Nov 27 21:58:20 Nov 27 21:58:20 <dw1> not the original though
<dw1> not the original though
Nov 27 21:58:45 Nov 27 21:58:45 <dw1> 40 mins too long for me
<dw1> 40 mins too long for me
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Nov 27 22:20:26 Nov 27 22:20:26 <hinv> i disagree with Roger Ver....
<hinv> i disagree with Roger Ver....
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Nov 27 22:22:23 Nov 27 22:22:23 <hinv> ...about porn
<hinv> ...about porn
Nov 27 22:24:41 Nov 27 22:24:41 <dw1> lolwut
<dw1> lolwut
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Nov 27 2
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