Next scheduled rescrape ... never
28/05/2025, 04:56:16 UTC POST DELETED
Version 2
Edited on 21/05/2025, 05:26:28 UTC
As I said about testnet2 after testnet1:

2011-07-11 21:40:20|Blitzboom|someday, someone will make a TNC/BTC exchange
2011-07-11 21:41:29|gmaxwell|Once people start trading testnet coins for real value the developers will break the testnet chain again.
2011-07-11 21:41:49|gmaxwell|This was done before, and I expect it will keep happening, otherwise testnet stops being useful for testing if its hard to get coins.
2011-07-11 21:42:40|gmaxwell|It's testnet. Run a fork of the old version if you don't like it.
2011-07-11 21:45:05|gmaxwell|besides, the value is a joke regardless. I could remine all of testnet in a few days if I wanted to blow a bunch of btc breaking it.
2011-07-11 21:46:28|gmaxwell|It's in our best interest that testing be as cheap as possible, thats why its testnet.


(conversation went on to propose resetting it again, resetting it with every release, etc. eventually Matt proposed the 20 minute difficulty 1 rule)


or about testnet3 after testnet2:

2012-12-14 17:28:13|MC1984|all i can surmise from this is that testcoins are worthless lol
2012-12-14 17:28:31|gmaxwell|    "balance" : 618774.51859299,
2012-12-14 17:28:36|slush1|MC1984: yes, I had 100k of them, still 70k remains
2012-12-14 17:28:42|slush1|if you want some more, just ask :-D
2012-12-14 17:29:34|MC1984|mfw some retard starts a testcoin exchange and lots of other retards jump on and suddenly im part of the 1%
2012-12-14 17:30:47|gmaxwell|MC1984: that problem was solved before by resetting testnet when people started demanding real amounts for them.
2012-12-14 17:31:20|MC1984|oh it did happen lol


or

2013-08-24 13:49:10|rodarmor|Question for someone smarter than I: Would it be helpful or harmful to development and testing if I were to create an app or game that integrated testnet coins and testnet chain transactions? I was thinking about a simple gambling game, or a strategy game that used testnet coins as an internal currency.
2013-08-24 13:49:31|gmaxwell|rodarmor: have a blast, make more testnet transactions.
2013-08-24 13:49:38|Luke-Jr|rodarmor: IMO it might help, simply because it gives testnet more activity
2013-08-24 13:49:47|Luke-Jr|certainly shouldn't hurt
2013-08-24 13:49:49|rodarmor|That's what I was thinking.
2013-08-24 13:50:05|gmaxwell|rodarmor: also if your stuff gets more people using testnet, I will buy you your choice of beverage.
2013-08-24 13:50:23|rodarmor|Although, haven't there been problems in the past when testnet coins somehow gained value and the whole thing had to be reset?
2013-08-24 13:50:34|gmaxwell|rodarmor: yea not really a problem now I think.
2013-08-24 13:50:37|rodarmor|gmaxwell: thanks, I will definitely call that in if this comes of anything Smiley
2013-08-24 13:50:46|gmaxwell|and if it needs to be reset again we can of course.
2013-08-24 13:51:10|gmaxwell|But I also own like a million testnet btc, so I suspect I can just dump coins to suppress any gain in value.
2013-08-24 13:51:11|petertodd|rodarmor: Worst comes to worst we'll just add a infinite money generator to testnet, and as gmaxwell said it can be reset on a dime.


You are either ignorant or a liar, and I think both are unacceptable for a person in your position.
And what "position" is that?


You didn't reset anything though did you?  It was abandoned and in the past, that was enough, but running those old version will become problematic if we are launching a new Testnet every week.

I suspect if what you suspect is true about faster restarts, there will be more trade volume because users will need to bridge those coins while they can to the network of whatever system they are testing.

2013-08-24 13:51:10|gmaxwell|But I also own like a million testnet btc, so I suspect I can just dump coins to suppress any gain in value.
2013-08-24 13:51:11|petertodd|rodarmor: Worst comes to worst we'll just add a infinite money generator to testnet, and as gmaxwell said it can be reset on a dime.
[/tt]

You dirty testnet stacker... have you dumped any coins to help prevent them from gaining value?  You're welcome to use my website with confidence that I will be a professional and not bother you.  Drain the bid and take those Bitcoins.  Do what you said you would do.

You hording Testnet hurt devs/faucets and made coins more scarce.  Part of why v4 was pushed was because v3 devs ran out of coins, but you have over a MILLION.  You've got to be kidding me dude!!! LOL  You don't see a problem with you eating up 1/21 of the supply for nothing?  Then you have the audacity to say they are scarce?

It can be reset on a dime, but so can we.  Lets test it.  Launch tomorrow?  Maybe that will fix all your concerns magically, like Saint said, who knows! (lul)

That was a hell of an edit on your post!  You probably should have made a new post.  I almost missed it.
Version 1
Scraped on 21/05/2025, 05:01:23 UTC
As I said about testnet2 after testnet1:

2011-07-11 21:40:20|Blitzboom|someday, someone will make a TNC/BTC exchange
2011-07-11 21:41:29|gmaxwell|Once people start trading testnet coins for real value the developers will break the testnet chain again.
2011-07-11 21:41:49|gmaxwell|This was done before, and I expect it will keep happening, otherwise testnet stops being useful for testing if its hard to get coins.
2011-07-11 21:42:40|gmaxwell|It's testnet. Run a fork of the old version if you don't like it.
2011-07-11 21:45:05|gmaxwell|besides, the value is a joke regardless. I could remine all of testnet in a few days if I wanted to blow a bunch of btc breaking it.
2011-07-11 21:46:28|gmaxwell|It's in our best interest that testing be as cheap as possible, thats why its testnet.


(conversation went on to propose resetting it again, resetting it with every release, etc. eventually Matt proposed the 20 minute difficulty 1 rule)


or about testnet3 after testnet2:

2012-12-14 17:28:13|MC1984|all i can surmise from this is that testcoins are worthless lol
2012-12-14 17:28:31|gmaxwell|    "balance" : 618774.51859299,
2012-12-14 17:28:36|slush1|MC1984: yes, I had 100k of them, still 70k remains
2012-12-14 17:28:42|slush1|if you want some more, just ask :-D
2012-12-14 17:29:34|MC1984|mfw some retard starts a testcoin exchange and lots of other retards jump on and suddenly im part of the 1%
2012-12-14 17:30:47|gmaxwell|MC1984: that problem was solved before by resetting testnet when people started demanding real amounts for them.
2012-12-14 17:31:20|MC1984|oh it did happen lol


or

2013-08-24 13:49:10|rodarmor|Question for someone smarter than I: Would it be helpful or harmful to development and testing if I were to create an app or game that integrated testnet coins and testnet chain transactions? I was thinking about a simple gambling game, or a strategy game that used testnet coins as an internal currency.
2013-08-24 13:49:31|gmaxwell|rodarmor: have a blast, make more testnet transactions.
2013-08-24 13:49:38|Luke-Jr|rodarmor: IMO it might help, simply because it gives testnet more activity
2013-08-24 13:49:47|Luke-Jr|certainly shouldn't hurt
2013-08-24 13:49:49|rodarmor|That's what I was thinking.
2013-08-24 13:50:05|gmaxwell|rodarmor: also if your stuff gets more people using testnet, I will buy you your choice of beverage.
2013-08-24 13:50:23|rodarmor|Although, haven't there been problems in the past when testnet coins somehow gained value and the whole thing had to be reset?
2013-08-24 13:50:34|gmaxwell|rodarmor: yea not really a problem now I think.
2013-08-24 13:50:37|rodarmor|gmaxwell: thanks, I will definitely call that in if this comes of anything Smiley
2013-08-24 13:50:46|gmaxwell|and if it needs to be reset again we can of course.
2013-08-24 13:51:10|gmaxwell|But I also own like a million testnet btc, so I suspect I can just dump coins to suppress any gain in value.
2013-08-24 13:51:11|petertodd|rodarmor: Worst comes to worst we'll just add a infinite money generator to testnet, and as gmaxwell said it can be reset on a dime.


You are either ignorant or a liar, and I think both are unacceptable for a person in your position.
And what "position" is that?


You didn't reset anything though did you?  It was abandoned and in the past, that was enough, but running those old version will become problematic if we are launching a new Testnet every week.

I suspect if what you suspect is true about faster restarts, there will be more trade volume because users will need to bridge those coins while they can to the network of whatever system they are testing.

2013-08-24 13:51:10|gmaxwell|But I also own like a million testnet btc, so I suspect I can just dump coins to suppress any gain in value.
2013-08-24 13:51:11|petertodd|rodarmor: Worst comes to worst we'll just add a infinite money generator to testnet, and as gmaxwell said it can be reset on a dime.
[/tt]

You dirty testnet stacker... have you dumped any coins to help prevent them from gaining value?  You're welcome to use my website with confidence that I will be a professional and not bother you.  Drain the bid and take those Bitcoins.  Do what you said you would do.

It can be reset on a dime, but so can we.  Lets test it.  Launch tomorrow?  Maybe that will fix all your concerns magically, like Saint said, who knows! (lul)
Original archived Re: Premined Bitcoin Testnet Coming Soon?
Scraped on 21/05/2025, 04:56:24 UTC
As I said about testnet2 after testnet1:

2011-07-11 21:40:20|Blitzboom|someday, someone will make a TNC/BTC exchange
2011-07-11 21:41:29|gmaxwell|Once people start trading testnet coins for real value the developers will break the testnet chain again.
2011-07-11 21:41:49|gmaxwell|This was done before, and I expect it will keep happening, otherwise testnet stops being useful for testing if its hard to get coins.
2011-07-11 21:42:40|gmaxwell|It's testnet. Run a fork of the old version if you don't like it.
2011-07-11 21:45:05|gmaxwell|besides, the value is a joke regardless. I could remine all of testnet in a few days if I wanted to blow a bunch of btc breaking it.
2011-07-11 21:46:28|gmaxwell|It's in our best interest that testing be as cheap as possible, thats why its testnet.


(conversation went on to propose resetting it again, resetting it with every release, etc. eventually Matt proposed the 20 minute difficulty 1 rule)


or about testnet3 after testnet2:

2012-12-14 17:28:13|MC1984|all i can surmise from this is that testcoins are worthless lol
2012-12-14 17:28:31|gmaxwell|    "balance" : 618774.51859299,
2012-12-14 17:28:36|slush1|MC1984: yes, I had 100k of them, still 70k remains
2012-12-14 17:28:42|slush1|if you want some more, just ask :-D
2012-12-14 17:29:34|MC1984|mfw some retard starts a testcoin exchange and lots of other retards jump on and suddenly im part of the 1%
2012-12-14 17:30:47|gmaxwell|MC1984: that problem was solved before by resetting testnet when people started demanding real amounts for them.
2012-12-14 17:31:20|MC1984|oh it did happen lol


or

2013-08-24 13:49:10|rodarmor|Question for someone smarter than I: Would it be helpful or harmful to development and testing if I were to create an app or game that integrated testnet coins and testnet chain transactions? I was thinking about a simple gambling game, or a strategy game that used testnet coins as an internal currency.
2013-08-24 13:49:31|gmaxwell|rodarmor: have a blast, make more testnet transactions.
2013-08-24 13:49:38|Luke-Jr|rodarmor: IMO it might help, simply because it gives testnet more activity
2013-08-24 13:49:47|Luke-Jr|certainly shouldn't hurt
2013-08-24 13:49:49|rodarmor|That's what I was thinking.
2013-08-24 13:50:05|gmaxwell|rodarmor: also if your stuff gets more people using testnet, I will buy you your choice of beverage.
2013-08-24 13:50:23|rodarmor|Although, haven't there been problems in the past when testnet coins somehow gained value and the whole thing had to be reset?
2013-08-24 13:50:34|gmaxwell|rodarmor: yea not really a problem now I think.
2013-08-24 13:50:37|rodarmor|gmaxwell: thanks, I will definitely call that in if this comes of anything Smiley
2013-08-24 13:50:46|gmaxwell|and if it needs to be reset again we can of course.
2013-08-24 13:51:10|gmaxwell|But I also own like a million testnet btc, so I suspect I can just dump coins to suppress any gain in value.
2013-08-24 13:51:11|petertodd|rodarmor: Worst comes to worst we'll just add a infinite money generator to testnet, and as gmaxwell said it can be reset on a dime.


You are either ignorant or a liar, and I think both are unacceptable for a person in your position.
And what "position" is that?


You didn't reset anything though did you?  It was abandoned and in the past, that was enough, but running those old version will become problematic if we are launching a new Testnet every week.

I suspect if what you suspect is true about faster restarts, there will be more trade volume because users will need to bridge those coins while they can to the network of whatever system they are testing.