Unlike MP, you, and the rest of the three idiots, Gavin has the platform of Reddit, MIT, and all the news media outlet. You're relegated to this little room with me, and I will constantly remind everyone what a fucking moron you are.
A paid shill like you will have to share room with a paid troll like me
A paid shill like you will have to share room with a paid troll like me
Hypocrite.
Also: reddit, MIT, and "all the news media" are of the old system -- you know, the thing bitcoin is here to destroy? Who is it that pays you to troll? Uncle Sam perhaps? I suspect that is the force behind much of the noise on this forum.
What I am reading from this offer is that you pay 3 MPcoin for every Gavincoin bought from MP. Not impressive.
I asked, and you are correct. My bad.Good. Hopefully he will make a new public offer in the range of 750 current BTC in exchange for something like 3000 future gavincoins (1 mpcoin == 3 gavincoins).
With a fixed refund date where he gives back the 750 BTC + a small interest if the fork does not happen.
I don't know if I understood the entire subtext to this one, but if I did it's pretty funny. So, that is to say, I think this is a joke and not serious right?
Why ? If there is a market between MPcoins and Gavincoins then somebody has to propose a price, that the others are free to accept or not.
The first offer from MP was an obvious mistake, because he valued his own coins below Gavin's one. If he is serious in his commitment, then he will offer more than 1 gavincoin for 1 mpcoin. This starts at 1501 future gavincoins for 750 current bitcoins.
No, the mistake was on my part. His offer is 750 bitcoin today for 1`000 USGavincoin in the future, which is essentially the same as trading 750 post-fork bitcoin for 250 USGavincoin. I might be willing to offer you a better deal, but I will not agree to "refund" in the case that the fork doesn't happen. That's the whole point of making this kind of agreement. I'd be betting that the fork is not successful, whether by being crushed on the market or by not ever happening. If you're really interested in buying some discounted coins, you had better get in the WoT.
No offense, but it should be no surprise that nobody accepts this kind of deal.
Plus, as long as the BIP is not written, and no code is released, we're talking in the wind. What even is a gavincoin ? If he rolls back to a mere "let's double the max blocksize each time the reward halfs", will the deal still be valid ?
Good point. Yesterday, we discussed exactly this:
Quote from: #bitcoin-assets
danielpbarron: it can't really work now because anyone dumb enough to want to make the deal doesn't actually have enough money for it to be worthwhile
danielpbarron: that aside, it should technically be possible to strike a deal
davout: there are plenty of people dumb enough to take the deal that also happen to have >1k
davout: it's not possible, because defining gavincoin as "everything that is not bitcoin" just doesn't work
danielpbarron: i'd define it the way they do: a fork of bitcoin that gets 80% consensus from miners (or 75% or 95%, whatever magic number they want)
davout: what if it's like a emergency bugfix harfork? or any kind of non-braindamaged hardfork we actually agree with?
davout: because the contract also has to have an expiration, in case the hardfork never actually happens
danielpbarron: i could specify that it doesn't count as a fork if the resulting coin is still accepted by MPEx :p
Adlai: a fork by any other name... what's so hard about referencing blocksize in the contract?
danielpbarron: I guess I care more about it being accepted by MPEx than I care about the blocksize
danielpbarron: that is, if MP says the blocksize needs to go up, then up it shall go!
davout: Adlai: because imo a one-off 2mb block size increase coin would be valued very differently from an exponential-growth block size coin
danielpbarron: not that i think this will ever be demanded, but there could other changes needed to avert catastrophe that depend on a fork
danielpbarron: especially when considering how messy the code apparently is
davout: Adlai: for such a thing to make sense it has to give the ability to short gavincoin into the dirt, nothing else
danielpbarron: sounds like the thing could accidentally fork at any moment
davout: lol
danielpbarron:ascii Adlai is right though, for the purpose of this gavincoin thing, specifying block size should be sufficient
danielpbarron: ah i see what davout is sayinng
danielpbarron: your exchange could have many different fork-coin options to trade
danielpbarron: "if there is a block bigger than X, Y, or Z
* danielpbarron is still skeptical that there is any demand for USGavincoin
danielpbarron: that aside, it should technically be possible to strike a deal
davout: there are plenty of people dumb enough to take the deal that also happen to have >1k
davout: it's not possible, because defining gavincoin as "everything that is not bitcoin" just doesn't work
danielpbarron: i'd define it the way they do: a fork of bitcoin that gets 80% consensus from miners (or 75% or 95%, whatever magic number they want)
davout: what if it's like a emergency bugfix harfork? or any kind of non-braindamaged hardfork we actually agree with?
davout: because the contract also has to have an expiration, in case the hardfork never actually happens
danielpbarron: i could specify that it doesn't count as a fork if the resulting coin is still accepted by MPEx :p
Adlai: a fork by any other name... what's so hard about referencing blocksize in the contract?
danielpbarron: I guess I care more about it being accepted by MPEx than I care about the blocksize
danielpbarron: that is, if MP says the blocksize needs to go up, then up it shall go!
davout: Adlai: because imo a one-off 2mb block size increase coin would be valued very differently from an exponential-growth block size coin
danielpbarron: not that i think this will ever be demanded, but there could other changes needed to avert catastrophe that depend on a fork
danielpbarron: especially when considering how messy the code apparently is
davout: Adlai: for such a thing to make sense it has to give the ability to short gavincoin into the dirt, nothing else
danielpbarron: sounds like the thing could accidentally fork at any moment
davout: lol
danielpbarron:
danielpbarron: ah i see what davout is sayinng
danielpbarron: your exchange could have many different fork-coin options to trade
danielpbarron: "if there is a block bigger than X, Y, or Z
* danielpbarron is still skeptical that there is any demand for USGavincoin