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Re: Ethereum (or BTU) may be able to adapt faster than Bitcoin -- for real world use
Ethereum was unusable for a long time because of a single 150M dollars ICO.
Are you sure ETH would handle real world use?
Are you sure ETH would handle real world use?
You can ignore all the issues Bitcoin has had in the past all you want Johnny Bravo.
Ethereum (or BTU) may be able to adapt faster than Bitcoin -- for real world use
With both cryptos showing real value in the world, which will win the race to transact faster?
Yeah, an alt coin (ETH/BTU) COULD overcome Bitcoin and this has always been known.
Not keeping up with growth can be the thing that kills you.
GL!
Yeah, an alt coin (ETH/BTU) COULD overcome Bitcoin and this has always been known.
Not keeping up with growth can be the thing that kills you.
GL!
Still no one on the dev team considers this an issue?
I have sent multiple $20 transactions all with high fee ALONG WITH high confirm times..
Blockchain.info now has 2 different fee modes to send, both of which are high.
Ethereum will take over Bitcoin if this keeps up.
I have sent multiple $20 transactions all with high fee ALONG WITH high confirm times..
Blockchain.info now has 2 different fee modes to send, both of which are high.
Ethereum will take over Bitcoin if this keeps up.
The transfer of wealth from the everyday bankers to the people in tech
Congratz on this upcoming victory.
10 year phase 1 complete, bravo Bitcoin.
For every bubble, Bitcoin re calibrates itself shifting forward.
SHOUT OUT TO ETHEREUM TOO!
The next 10 years will blow them out of the water completely.
You can't stop the transfer of wealth agreed upon and backed by the actual people.
10 year phase 1 complete, bravo Bitcoin.
For every bubble, Bitcoin re calibrates itself shifting forward.
SHOUT OUT TO ETHEREUM TOO!
The next 10 years will blow them out of the water completely.
You can't stop the transfer of wealth agreed upon and backed by the actual people.
Re: BitcoinUnlimited "miners" will be automous bots power by Ethereum
We may discover how to eliminate any need to profit from a financial system.
BitcoinUnlimited is ahead of it's time still, Ethereum is a bit further than that.
How much people, power, etc. does it take to maintain a financial/value system, and who can do it better?
Bitcoin is up for bid.
Good luck.
BitcoinUnlimited is ahead of it's time still, Ethereum is a bit further than that.
How much people, power, etc. does it take to maintain a financial/value system, and who can do it better?
Bitcoin is up for bid.
Good luck.
Would this be bad?
I don't think it necessarily has to be bad, even if this would be true.
As long as there is not 1 instance in control, it's still decentralized, no matter if it's bots or humans.
Let us say that at some point 51% of the bots will be controlled by one group. How is that decentralized and how is that good? It might be happening now with Bitcoin. The top Chinese miners could be talking behind closed doors right now.
Facebook, Google, Amazon, Apple, Uber, TESLA etc all use bots.
they run node to supply the S&P500 server ?
no.
reality of privat network.
stock exchange server are closed.
not Bitcoin.
Bitcoin never will be as decentralized as you think.
Does not matter how many times you say it is.
So what is the advantage of your proposal? What economic, efficiency and security advantage can it have over the system that we have today?
Proof of Work is all about hash power, the more Bitcoin has the more it is secure. The more the miner provides, the more chances he gets rewarded. What does your bot idea have?
*Nothing will ever be as decentralized as you think.
Re: BitcoinUnlimited "miners" will be automous bots powered by Ethereum
In what system are those bots going to be hosted on? It'd be hard to avoid centralization on a premise that bots would play a major role in the market.
These bots can hop from provider to provider as needed, such as a host or on a network like Ethereum is building. They can do anything you can on the tech level.
Bots don't change much, they ultimately are still owned and controlled by a human.
Universal income will come from bots. (the minimum rights/power every human is believed to be entitled to)
Re: BitcoinUnlimited "miners" will be automous bots power by Ethereum
We may discover how to eliminate any need to profit from a financial system.
BitcoinUnlimited is ahead of it's time still, Ethereum is a bit further than that.
How much people, power, etc. does it take to maintain a financial/value system, and who can do it better?
Bitcoin is up for bid.
Good luck.
BitcoinUnlimited is ahead of it's time still, Ethereum is a bit further than that.
How much people, power, etc. does it take to maintain a financial/value system, and who can do it better?
Bitcoin is up for bid.
Good luck.
Would this be bad?
I don't think it necessarily has to be bad, even if this would be true.
As long as there is not 1 instance in control, it's still decentralized, no matter if it's bots or humans.
Let us say that at some point 51% of the bots will be controlled by one group. How is that decentralized and how is that good? It might be happening now with Bitcoin. The top Chinese miners could be talking behind closed doors right now.
Facebook, Google, Amazon, Apple, Uber, TESLA etc all use bots.
they run node to supply the S&P500 server ?
no.
reality of privat network.
stock exchange server are closed.
not Bitcoin.
Bitcoin never will be as decentralized as you think.
Does not matter how many times you say it is.
Re: BitcoinUnlimited "miners" will be automous bots power by Ethereum
bots mean centralized servers (AWS ? VPS ?).
so, it's mean DDOS.
simple.
like the bug of the public BU client before a private ... release.
so, it's mean DDOS.
simple.
like the bug of the public BU client before a private ... release.
How many people do you think will control your fantasy bots? Will it be like the days of Bitcoin's past when hackers could control the network with botnets?
Facebook, Google, Amazon, Apple, Uber, TESLA etc all use bots.
You too already, that is barely the start of something great..
BitcoinUnlimited is ahead of it's time still, Ethereum is a bit further than that.
Ethereum is not 100% decentralized it is centrally controlled and that is the reason they could have fast and effortless upgrades.If bitcoin community was not fighting and crying over which solution is better we could have SegWit+LightningNetwork long time ago.
Instead we have and will behaving scaling drama simply because 25% of miners don't care at all or wait for new solution, 30% is signalling SegWit and 35% is going after BU.
Nothing is ever truly decentralized, Bitcoin is a perfect example. - decentralization only can exist in one state for so long, before it has to be pushed and modified forward then back into a temporary decentralized/autonomous state..
BitcoinUnlimited is here to crush the past and jump us into the future.
Are you ready?
Bitcoin Generation #2
-
Bitcoin Generations:
Generation #1 - Bitcoin Core
Generation #2 - Bitcoin Unlimited
Generation #3 - The future can change at any time
Re: BitcoinUnlimited "miners" will be automous bots power by Ethereum
How many people do you think will control your fantasy bots? Will it be like the days of Bitcoin's past when hackers could control the network with botnets?
We all will own autonomous bots, some will make us profits.
BitcoinUnlimited "miners" will be automous bots powered by Ethereum
We may discover how to eliminate any need to profit from a financial system.
BitcoinUnlimited is ahead of it's time still, Ethereum is a bit further than that.
How much people, power, etc. does it take to maintain a financial/value system, and who can do it better?
Bitcoin is up for bid.
Good luck.
BitcoinUnlimited is ahead of it's time still, Ethereum is a bit further than that.
How much people, power, etc. does it take to maintain a financial/value system, and who can do it better?
Bitcoin is up for bid.
Good luck.
Re: BTU will take over and become BTC -- but you are safe, and will have 2 coins!
stuff can be rolled back
..........
So you want a president, remove the 21mm coin hard cap, and now just throw immutability out the window too..
Don't worry if our code is shit, we have enough hash to just rewrite the blockchain..
Might as well grab satoshi's coins while your at it..
WTF over...
Guess you didn't/don't believe in Ethereum either.
Anything else?
Re: BTU will take over and become BTC -- but you are safe, and will have 2 coins!
Same exact stuff people always say when they are against some other coin, infact the same stuff I heard over, and over, and over, and over again when I talked about Ethereum.
It is just a dream for all the BTU followers that it will take over BTC,if some nut job with crappy codes thinks that they could manage billions worth of assets then you are in fools paradise .Just spend some money to assign competent level programmers to write the code rather than spending time and money on advertisement. 
Same thing was said about BTC and ETH.
Just a dream, crap code, will never happen and impossible.. etc..
If you think BTC was (and is?) flawless you are just too behind.
Re: BTU will take over and become BTC -- but you are safe, and will have 2 coins!
BU is being kept up by just a few people with very deep pockets. Yes, I am referring to both Roger Ver & Jihan Wu. Other than a few shills that they pay there is no one really supporting BU.
I think you should avoid Googling and do a bit more fact checking. The community stands strong with it's support for SegWit. Pools signalling BU support doesn't mean anything. You know what bit of software they use to signal support, right?
I think you should avoid Googling and do a bit more fact checking. The community stands strong with it's support for SegWit. Pools signalling BU support doesn't mean anything. You know what bit of software they use to signal support, right?
Same exact stuff people always say when they are against some other coin, infact the same stuff I heard over, and over, and over, and over again when I talked about Ethereum.
BTU will take over and become BTC -- but you are safe -- and will have 2 coins!
BTC keeps going down a nasty path without any solutions from the current main devs, (they don't even seem to be trying) fees are getting higher and transactions are never instant ever anymore -- even when paying double or triple the already increasing fees. Backlogs (HOURS of delays for BTC to be sent/confirm) are becoming more common. Is this not a PROBLEM? a ISSUE? a BUG? a ERROR? Since bugs and issues in programming are defined by people such as you and me.. I say YES. (so think about this one before you downtalk BTU for having short term issues)
Once the split happens, you'll then own BTC and BTU -- if BTU does take over (my prediction it will) or if it doesn't, as long as you have access to your own wallet (not storing it on a BTC exchange for example) you'll have coins on BOTH seperate blockchains. So it won't matter if you, me or bob is right about which coin will ultimately take over -- and it is without a doubt that one of the coins must die. (same thing that happened to Ethereum, except in that case the devs actively work on updates while people tried to keep the old Ethereum by creating Ethereum Classic -- and while it lasted awhile -- it has now died -- you cannot stop true progress!)
Read more about how to secure your BTC/BTU when (if?) the split happens here:
https://bitcointalk.org/index.php?topic=1644949.0
BTU has had a rocky start, but all great innovations do -- if anything breaks stuff can be rolled back/fixed/etc -- that is part of what makes crypto so powerful -- don't be fooled by anyone trying to downplay BTU for temporary bumps in the way -- people said the same about BTC and the devs did something -- now it seems they don't have heart in the project anymore, so that is why BTU is here -- to return moving forward -- CONSTANTLY -- non stop -- ever evolving and ever changing -- how it should have been already.
Are you ready for transactions to be instant and cheaper again? (BTU)
Good luck and get ready for this ride!
A side note:
Since people will need full control over coins, trading will be slowing down -- unless exchanges will keep the BTU coins for you as well. Best bet is to get your own wallet for full control just in case.
Again -- don't be fooled -- this change is real and coming -- people talked me down CONSTANTLY when I said Ethereum would be such a REAL alt coin that major Bitcoin exchanges would accept it. Plenty more laughed at me when I said Eth Classic would die.
(maybe I'm wrong, but I have this same feeling again... I never believed in Litecoin or Ripple BTW and look where they are now..) Bugs and issues are ALWAYS to be expected in new innovations!! ALWAYS!!THE TIME FOR CHANGE IS NOW!! Bitcoin Unlimited! (BTU)
https://coin.dance/blocks
Re: BTU will become BTC -- face these facts or get left behind
People laughed at me when I said litecoin and ripple was trash and that Ethereum would be a alt coin major exchanges adapt.
Not sure why anyone would be against BTU but you better bet it WILL be BTC, trying to make it an "alt coin" is idiotic, period.
Bitcoin is about the FUTURE and needs to constantly change/adapt -- not stay an old grandpa who gives old used washed up bad advice.
Please get with the times people, and stop trying to live in the past.
Not sure why anyone would be against BTU but you better bet it WILL be BTC, trying to make it an "alt coin" is idiotic, period.
Bitcoin is about the FUTURE and needs to constantly change/adapt -- not stay an old grandpa who gives old used washed up bad advice.
Please get with the times people, and stop trying to live in the past.
@ProfessionalGoogler - i see you've posted the same thing again (the other in the Economics\Speculation)
It appears you may want to change Bitcoin slightly into something that it isn't?
I wonder what your opinions would be on a post I put up not too long ago titled: Hacks & puppets & forks - how to destroy bitcoin: https://bitcointalk.org/index.php?topic=1834310.msg18256120#msg18256120
You've received a bit of a speculative reaction so far.
Fear mongerers have been aplenty in the past, are here today, and will come in the future and they will and have said 'Bitcoin is flawed, it is bugged, and action needs to be taken' - wrong, wrong, wrong. Bitcoin has worked beautifully as the world's premier store of value/investment and again its integrity has remained intact.
Interesting, no?
Again Bitcoin has only worked as long as it was being maintained and updated.
This increasingly becomes less and less the case as time has moved forward, look at the history of patches/updates.
Re: BTU will become BTC -- face these facts or get left behind
Evidence or Support for your uninformed opinion presented as if its Fact ?
Oh, none... unsurprising
Oh, none... unsurprising
Called having vision and being a forward thinker.
Also you can read all about BTU and you should already be well-informed of the BTC issues by now. You are on these forums, so that is a great start.
Hitler had a vision and was also a forward thinker. Don't think that worked out too well for him. Either provide evidence or go eat some dirt.
If you think hitler was a forward thinker, then you need to re-evaluate life.
Re: BTU will become BTC -- face these facts or get left behind
Every week new sensations and FUDs to drive the price either up or down. Seems like Bitcoin never has a chance to calm.
It will be always that way I think since many are spreading fuds just for them to control the price and for them to profit. For them, it doesn't matter whether if BTU will become BTC or not, what matters for them is that they will profit on price movements and also if BTU really succeeded they'll profit too so let them be its up to the readers to believe them or not though.For me it matters that BTC continues to progress towards updates/fixes, not lagging behind.
Re: BTU will become BTC -- face these facts or get left behind
Bitcoin IS bugged/flawed in its current state for processing transactions.
Simple as that.
But OK, watch when it happens you'll have nothing to say.
Typical grandpa trying to give old school advice that doesn't work for the now and future.
Simple as that.
But OK, watch when it happens you'll have nothing to say.
Typical grandpa trying to give old school advice that doesn't work for the now and future.
Re: BTU will become BTC -- face these facts or get left behind
Sez You.
OK, Mr Professional-googler. please point me at some evidence supporting your claims.
OK, Mr Professional-googler. please point me at some evidence supporting your claims.
Evidence or Support for your uninformed opinion presented as if its Fact ?
Oh, none... unsurprising
Oh, none... unsurprising
Called having vision and being a forward thinker.
Also you can read all about BTU and you should already be well-informed of the BTC issues by now. You are on these forums, so that is a great start.
Re: BTU will become BTC -- face these facts or get left behind
A team of incompetent morons with a flawed protocol change that introduced a bug that could have been fatal just days ago as the main developers of bitcoin. What could go wrong?
..oh and you forgot to mention all the bugs BTC has had? Really?