Quote from: onemorexmr on March 12, 2015, 05:51:04 AM

Quote from: danielpbarron on March 12, 2015, 05:40:53 AM

Regarding the "80% of the miners" : what part of "the miners will go where there is profit" don't you understand? I get it: the fork won't happen unless some majority of miners is stupid enough to upgrade. That doesn't mean they'll stay upgraded. I get it: transactions will slow down on the real chain if the fork happens. That doesn't mean they'll stay slow. The miners will find themselves with 3`600 new coins to sell every day, which is just about a million dollars at the moment. Add to that all the forked coins opponents of the change will be dumping on the market. Unless all the redditards and bezzletrons can scrape together enough money to cover that, the miners will be forced by matter of economic necessity to switch back to the real bitcoin.

What does it even mean to "bribe the miners" ?? If there's money to pay the miners off, aren't you just hiring them to mine for you? Are you just using this word in an attempt to besmirch?

i dont think one person (a billionare or not) is able to control a market. if the economic majority decides to sell all bitcoins after the fork (and keep their mpcoins) well it might happen.
but that will be a very huge disruption and the price will certainly fall on both chains. i will just keep both and see how it'll plays out. but i am sure bitcoin - and not mpcoin - will win.

Either way, you're renaming the real bitcoin after MP, and that in itself is already a victory for him.

Quote from: RoadStress on March 12, 2015, 10:57:15 AM

Quote from: danielpbarron on March 12, 2015, 04:01:48 AM

Quote from: BusyBeaverHP on March 12, 2015, 02:31:56 AM

Why don't we just remove the limit altogether and let the miners decide the blocksize? They've been doing that anyway so instead of an arbitrary cap, just let the market decide?

Because this:

Quote from: Mircea Popescu http://trilema.com/2015/lets-address-some-of-the-more-common-pseudo-arguments-raised-by-the-very-stupid-people-that-like-the-gavin-scamcoin-proposal/

VII. The minersⁱ decide.

No, they do not. The miners make some minor decisions in Bitcoin, but major decisions such as block forks are not at their disposition alone, and this for excellent reasons you'll readily understand if you stop and think about it.

From my understanding of how a hard fork works then the miners will decide.

You. Are. Wrong. How many times do I have to explain this you damned dirty government agent.

You are confusing the mechanism by which the fork is triggered, with the economic pressure put on miners afterwards. You are confusing the pre-fork with the post-fork. It costs miners nothing to brand their blocks "version 4," whether they are actually going to adopt the new rules or not. It is an entirely different story when they start minting blocks that other nodes cannot validate. In the post-fork scenario, there will be two different versions of bitcoin for sale at two different prices. Miners will choose the most profitable coin to mine, just like altcoin miners shift around to different pools depending on changing difficulties and prices.

Quote from: onemorexmr on March 12, 2015, 02:47:07 PM

Just my 2c about blacklists: As soon as they are a reality bitcoin will be dead.
Money needs to be fungible, everything else is nonsense.

Don't even worry about it. Such a thing would only ever be enforced on full nodes and not by block validation. That means certain companies/exchanges may decide to steal your coins because they came from a "blacklisted" parent output, and those companies will quickly discover that nobody wants to risk sending them any money. It's a non-issue; these companies won't stay in business long.

Quote from: David Rabahy on March 12, 2015, 02:58:50 PM

Quote from: onemorexmr on March 12, 2015, 02:47:07 PM

Just my 2c about blacklists: As soon as they are a reality bitcoin will be dead.
Money needs to be fungible, everything else is nonsense.

Even if money (BTC, etc.) is stolen at gunpoint? Blacklisting stolen money is a marvelous idea.

Oh GTFO you UnSavoryGarnish.

"I know it looks like I sent money into that exchange, but I was actually held at gun point so please reverse it!"

Let's start using social security numbers as our addresses while we're at it. So stupid.