Post
Topic
Board Development & Technical Discussion
Re: Why do people hate segwit so much?
by
Casimir1904
on 06/12/2017, 11:05:41 UTC
I openly support on chain scaling, that was never a secret. 
I run for a while 100+ BU nodes just to show that the amount of nodes doesn't matter after a argument with someone who said that majority support core because it has more nodes.

The most lead devs of core wasn't around in 2011 at all.
Gmaxwell has "proven" how bitcoin can't work before even.
Luke-JR says that bitcoin should stay for nerds and shouldn't become a big thing.
Luke-JR also says that governments got their authority from god.

Could you try to stay at the facts?
We supported BIP91 like 100% of all miners at that time.
At the moment of writing that Blog post ( What wasn't written by me as you could see ) Segwit2x had 90%+ Miner support.
Why should we support something with 10% or less support what would've probably die if Segwit2x had stay at 90%+?

Segwit2x didn't happen now I support Bitcoin Cash personal more and will offer also features on btcpop for Bitcoin Cash.

How much money did you lost so far because not scaling?
Guess you don't run a business?
With the fork mess there was far less action on many sites as users kept of course their coins to get fork coins.
Transactions fees are one of or highest expenses since months.
Some Transactions could cost already $1000+ ( Lot inputs ), and thats what you get as business, lot small inputs what need to be forwarded to fewer outputs.

I'm in Bitcoin since 2011, I promoted Bitcoin, build business around it and I'm risking a lot of MY money.
And I see how expenses grows for us and income decreases the same time as users are not willing to pay high fees for deposits and withdrawals and p2p loans includes lot deposits and withdrawals.
Investors deposit small amounts or bigger amounts and invest in loans, the borrowers withdrawal the coins and deposit them back to repay what causes also lot smaller withdrawals again.

But as said in my previous post... Most are still just ignoring the reality and then blame those who aren't and who switch more to other solutions.
Not being able to find the reason they switch to other solutions.