Quote from: brg444 on October 07, 2015, 03:42:33 PM

Quote from: hdbuck on October 07, 2015, 01:19:57 PM

Quote from: billyjoeallen on October 07, 2015, 12:57:09 PM

Quote from: Elwar on October 07, 2015, 07:36:25 AM

Quote from: billyjoeallen on October 07, 2015, 02:57:26 AM

That's a circular argument. Lots of people are reluctant to adopt a technology that isn't scalable. In't isn't exactly the Field of dreams. If you build it, they may not come BUT if you DON'T build it, they certainly won't.

This.

I was talking to the owner of the bar I was at the other day and was explaining Bitcoin to the owner. I almost had him convinced to start accepting bitcoins for payment when he stopped and was like "wait a minute, what are the block size parameters and transactions per second?". Needless to say he was displeased that in 2 years the code would need to be changed if current transaction volume continued to increase at the current rate. He then started asking me about alt coins like Doge. He decided to start accepting Doge instead because he thought it had a funny picture with the dog and he was like "you has doges?".

A SNARK IS NOT AN ARGUMENT. THE PEOPLE WHO BUILT SOFTWARE INFRASTRUCTURE ARE NOT GOING TO LAYER ON TOP OF A NON-SCALABLE BLOCKCHAIN. It's too much work for too little reward. The people who finance the infrastructure are not going to pay for it. Speculators like me are not going to invest when the expected future returns are based on the utility of only a settlement network.

We don't have two years. Bitshares 2.0 is going to launch literally in a week. Altcoins can take all your good code and build a chain on top of it now. Many have and a billion-dollars to launch a real competitor is chump change for Silicone Valley or Wall Street. I understand you want an armored truck and not a sports car, but even a Brinks truck has to keep up with traffic. If you want Bitcoin to be the MySpace of crypto, keep doing what you're doing.

how old are you again?

You guys still bother to engage in discussions with THIS guy?

Quote from: billyjoeallen on September 03, 2015, 10:38:39 AM

Quote from: brg444 on September 03, 2015, 10:03:55 AM

How's that supposed to work? How many "blockspace" do I get for 1 bitcoin?

Easy. 1/21,000,000th of the whole chain. I answered your question, now you answer mine. If I'm not buying space on the blockchain when I'm buying bitcoin, what am I buying?

Quote from: billyjoeallen on September 03, 2015, 10:54:22 AM

Quote from: brg444 on September 03, 2015, 10:41:08 AM

So for 1 bitcoin I get 1/21,000,000th of the whole chain? Are you for real? Were you hit over the head with something?

Nope. I get one twentyone millionth of the whole damn chain. 4 eva. If you think that's too much, then perhaps you are selling your coins too cheaply.

Quote from: billyjoeallen on September 03, 2015, 09:59:18 AM

If I'm not buying blockspace when I'm buying bitcoin, then what the hell am I buying?

nah, just rhetorical question.