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Leaving Bitfinex for good, why you should do the same

Let me start by saying that I lost a significant amount of money due to this Bitfinex ordeal. Luckily I am financially well off and can afford the loss, but I truly feel for those that lost more than they could afford to lose and have lost all or parts of their savings.
As soon as trading and withdrawing resumes on the platform I will be withdrawing all my funds and say goodbye to this exchange once and for all. If they do happen to find investors to cover my losses then I will be withdrawing that as well (highly unlikely though). I don't want a single share in a company that fails on such a magnitude and has such an unprofessional way of addressing their customers. Here is why you should do the same:
I do not care about my lost funds at this point. I am standing up against this exchange, so that no other exchange can pull this nonsense. I will also report them to my local authorities, Hong Kong authorities and sue Bitfinex until they are no longer in business. I've really had it with incompetent exchanges. I encourage everyone to do the same, so we can trade cryptocurrencies without this nonsense.
submitted by SirMeucci to BitcoinMarkets [link] [comments]

EOS - Discussion And Red Flags

EOS will look to become one of the biggest Blockchain Operating Systems (BOS) to date. Other companies in this sector include Stellar and Ethereum.
EOS will use parallel execution to execute 1 Million transactions per second. The age long argument that Blockchain will never be able to replace VISA/Mastercard might be coming to an end.
However, one drawback to EOS is, Delegated Proof Of Stake(DPOS). Which is in contrast to Proof-Of-Work.
In a nutshell, DPOS is a system in which by you vote or delegate responsibility to a node or a select few nodes to validate the blockchain for you. They then send you a portion of the rewards they get for validating the network.
DPOS is much more energy efficient than POW, however if the majority of those delegated to validate the network, are for example the developers, then they will have the power to choose who the witnesses are and essentially dictate what code or transactions are approved. Defeating the purpose of decentralisation.
Another drawback of EOS is Dan Larimer, the creator. He is widely respected as the 'man' akin to how Satoshi is synonymous with Bitcoin. The problem with this and I believe Satoshi may have realised this, is that you cannot have a truly decentralised system, if one individual has such a heavy influence on it. Especially, when he has so many projects that he is working on; Steemit.
EOS compared to Ethereum will allow users to write smart apps in the main programming languages, making it more appealable to developers, and one factor in determining what BOS comes out with the most market shares are the developers who will be developing the apps.
There is an argument to be made about their token sale; the ICO lasts for one year, and is hosted on the Ethereum blockchain. However, those ERC-20 Tokens will have no use on the EOS network because it is not Ethereum based. The tokens are essentially worthless to the asset they are backing. Once the EOS network is up, you can then trade these ERC20 Tokens for EOS tokens, using your private keys.
Further information on this is given in the FAQ
Question 21. When will I receive native cryptographic tokens on the EOS Platform?
Paraphrasing the answer, we see that for user X to build on top of the EOS platform, he must first get approval from someone who owns 15% of the total supply. Once he gets approved, users may then convert their ETH to EOS tokens via user X's software. Note that your ETH tokens are locked 23 hours after the ICO. This means that if no-one finds a use and gets approved for the EOS network, then your tokens are non-usable. This is unlikely, and the real red flag in this scenario, which we alluded to earlier, is the power that some individuals will have over the whole network.
Discussion is warmly welcomed.
submitted by GainsLean to coinjudge [link] [comments]


DO YOU BELEIVE IN MIRACLES ??? for everyone out there thats finding it hard to understand !!! I feel your pain ... All I can tell you is this was a message from above…/where_you_affected_by_a_technical…/ !!! My hands wrote this but someone elese was the author , Its make me realise that first you have to find yourself , I can only describe what im feeling as love , we are all one I have a little baby on the way and the love of the most amazing women, but what use is anything if I dont truly know who I am if I dont love myself how can anyone else truly love me ??? You know i thought this could change the world something as simple as a music, maybe it can im not sure, all I know is that there is a spark lit inside me , its my soul and it loves everyone we are all one !!! I look back to to 60`s and remember the free love movement I see people loving without prejudice I see a oneness that doesnt exist today...
Call it magic call it devine intervention call it what you will when you open your eyes for the first time and see the beauty in the world nothing can change you, I thought this was life it isnt, were stuck in a dream thinking hat we have to pay rent follow the legislation pretend to be a "person" .... A person is a legal term the term used to enslave you likewise "citizen" just a system set up to take all it can from you ... We are worth more than that and we know it... What is a human being by statue ??? staatues are legislation , Did legislation make you a Human Being ??? We come from the light look at the video I posted the other day ... If you`re wondering when you became a Legal Fiction look at this introduced when the fires of London were burning !!! That wasnt enough for them they then put in a "legal system" or as it should be known a control system !!! Dont know how that system works ??? thats because they use legalese (english with different meanings) https://www.merriam-
So how do you have a chance as a "person" you dont !!! when will realise the only law on this planet is that which god gave you !!! Is god not the highest authority ??? are you not made in his image ??? so whos the highest authority ??? and isnt GOD LOVE ???
Does it make sense that the people divided dont stand a chance does it make sense that some divine nature would want to free you from such tyrany ??? is it really as simple as loving each other , dancing , and taking back you life ???
no longer will I participate in this lie , Ive told enough lies to last me a lifetime I`ve done things im not proud of and i know that in the end its alll forgiven !!! Some of us go through life feeling that there must be something elese a purpose to it all that feeling is there for a reason its there to wake you from it all... My spark has been lit and it was the music that lit it !!!
Does it suprise you all that much that god is love not a religion not a faith nothing but love and we were put here to dance and sing and bask in that love ... We have our own ideas as to what God is some dont Beleive in god !!! But show me the person who doesnt beleive in love and ill show them love !!!
We talk about others theres every possible ism you can think of but what you dont see is that they are you you are them no matter the race, sexual orientaion, political alliance, we simply have good and bad life is about duality we need both Dont foregt to remember we all bleed red !!! they are us we are them !!! sometmes we lose track of what and who we are. I dont know if im right i dont know if im wrong but i know im willing to take a chance for the love i have inside me need to be shared !!!
I dont need anything everything i have has already been provided for me , will it be easy no i shouldnt imagine it will, nothing get be any harder than it has already , but i know they are always with me and im always with them in our hearts nothing will ever keep us from each other but my love my mother my brothers and sisters and the children are all part of me of us and nothing will ever change that ...
I am but one man but that is what i am a man a beautiful soverign human being and i need to start being , sitting on the soaf watching tv isnt going to change the world accepting to live in slavery is just the most stupid thing i could imaqine and while i dont know where im going or where ill end up i know that my family is out there and they want to listen !!! I have to take my message and love to them too ...
Ego : We think that we need money a flash car a nice house, ask yourself whats it worth in the end are you taking them with you ??? when our time comes i want to know i made a difference to the world and its not going to happen by buying yet more shit !!! We make difference by being !!!
The banking system you stand under is corrupt !!! the money is worthless its the religion that all sing to !!! and now thats moving into crypto currency (ONE WORLD CURRENCY) ... We speak of the NEW WORLD ORDER we all know thats somethings no right but we sit and do nothing ... Wont even take a chance on love !!!
What is 'Fiat Money' Fiat money is currency that a government has declared to be legal tender, but it is not backed by a physical commodity. The value of fiat money is derived from the relationship between supply and demand rather than the value of the material that the money is made of. Historically, most currencies were based on physical commodities such as gold or silver, but fiat money is BASED SOLELY ON FAITH and credit of the economy.
Putting faith into what its worthless wouldnt you sooner put your faith in love , something that has value ??? Is it worth a try at least ???
If I said we can fix everything that is truly wrong in this world with love would you beleive me ??? We think we know love we know nothing love isnt a thought its a feeling that ignites our souls that feeling we get when we are with friends and family enjoying life thats the feeling not the thought... If its as simple as just living for today why cant we do it ??? i again look back to 60`s i also see the govermental programs which went into full swing around that time…/hearings/95mkultra.pdf
So conspiracy you say ??? is that not just another label , a label set up to keep you from the truth ??? where did these ideas come from ??? likewise The Matrix And even the film Conspiracy Theory ??? Its always conspiracy until we expose them !!!
So am i sure there are forces at play that we dont understand ??? Is there really magic in us ??? Dont you know about the watchtowers ??? ... John Dee knew !!! John Dee told us that there exist multipule dimensions your own goverments see the value look at the latest tech and why would they be comunicating with different dimensions if they dont exists ???…/Entering-103rd-dimension-Scien… lead-ultrafast-computers-means-Schr-dingers-famous-cat-actually-alive-dead-101-states.html
This is occult magic not the devine type the magic which has evil at its heart !!! So what did John Dee and the mastermind behind the USA have to do with each other ??? did they set up the first grand lodge ???… invalid#id=2&vid=2b8b7dbd2390d79dc01dc803dbc81cd2&action=view
What was it JFK said ???…/20/jfks-speech-on-secret-societ…/ Did he know ??? did they kill him because he knew ???
Have you figured it out yet ??? They use there forces against us mainly because we forgot !!! Want you magic ??? its the music !!!
Let me try to explain !!! if you havent heard of Nikola Tesla it may be hard to make sense of it so heres a bit about tesla !!! Learn about Tesla and see the magnificence of the 3,6 and 9 look at the number 3 throughout history !!! like films ??? whats hunger games all about then ??? how many fingers do they hold up in honor of Rue how many times do they whistle ??? 3 its a divine number !!! now look at all the good music and see if you can find the 3`s ??? heres one example… look how many songs have been sung about FREEDOM, GOD, GRACE ??? Is some devine nature trying to help ??? once you see it you cant forget !!!
So how do they control us ??? Fear thats how always FEAR !!! I remember 9/11 i saw the "control" gained with there new so called laws while we all sat in shock and terror they made their moves !!! Do you know what terror is ???
The Definition : ter·ror /ˈterə noun noun: terror, plural noun: terrors 1. extreme fear: "people fled in terror" synonyms: extreme fear, dread, horror, fear and trembling, fright, ... more ▪ the use of terror to intimidate people, especially for political reasons; terrorism: "weapons of terror" ▪ A PERSON OR THING that causes extreme fear: "his unyielding scowl became the terror of the Chicago mob" ▪ the period of the French Revolution between mid 1793 and July 1794 when the ruling Jacobin faction, dominated by Robespierre, ruthlessly executed anyone considered a threat to their regime. 2. a person, especially a child, who causes trouble or annoyance: informal "placid and obedient in their parents' presence, but holy terrors when left alone" synonyms: rascal, rogue, rapscallion, devil, imp, ... more
Mainstream Media terrorists THE THING ??? Do they not cause exteme fear ???
Do the occultists thrive on that fear ??? They manipulate the media to cause as much fear as possible keeping you in a constant daze !!!
Remember Manchester ??? Ariana Grande , so what was that about ??? have you looked at her music have you seen the 3`s ???
They are here to help us just like Micheal Jackson was !!! look at his music look at the songs just open your hearts and see !!! Now what happened to MJ ??? you tell me !!!
We are ignorant or at least we have been without doubt there is a connection to these events and this message !!!
The first day we tried to get this message out there were a number of things which happened , one to note is most certainly the mass censorship which saw floods of people effected hers a video of an idependant reporter
So ask yourself why would the internet change so dramatically on the day we were trying to get this message out ??? Does someone not want you to see the truth ??? I can say that without doubt there have been forces against us at every turn !!!
Did we learn any of this at school ??? why not ??? is it because its part of the control system ??? what did you truly learn at school ??? were we just told what to say and when we say it right its an A , what happens when you question the narrative ??? i see a baby going to school in fear of not conforming. Let them be who they are let them dance let them enjoy life let them find themselves !!! Dont make them suffer for our mistakes !!! If we love our children then give them a life not a lie !!! Give them the chance to make a difference !!! Remember when you were young ??? were you told that you can do anything ??? The truth is with love in our hearts we can !!! Dont let this system steal our childrens hearts stand up and fight for them !!!
Im sure there is more to come !!! But for now if you took anything from this anything at all , we ask that your simply share it !!!
Shit even if you think its beyond beleif pass it on someone close to you might be ready to see !!! Please share the love !!! all /pettyrevenge /WTF /JusticePorn /creepy /nosleep /nostalgia /gameofthrones /community /adventuretime /startrek /futurama /thewalkingdead /Music /movies /StarWars /comicbooks /EarthPorn /todayilearned /science /AskHistorians /trees /LifeProTips /GetMotivated /lifehacks /politics /worldnews /conspiracy /TrueReddit /technology /Android /Bitcoin /programming
submitted by TechnicalPause to u/TechnicalPause [link] [comments]

In Math We trust

What happens when government fails it's people, again and again and again? Answer could be found these days in Zimbabwe. Imagine your wage becoming totally worthless by the next day. What would you do? You would probably exchange it for a more stable currency. If you are in Africa, you would probably buy US dollar, if somewhere next to Europe, Euro. Ok, so you have managed to acquire some foreign currency. Would you keep it in the bank? Well, if you do, you will probably lose money in some pyramid scheme or your country will “ask” for your patriotic donation and not take it, but lend from you in undefined time frame. The same thing happened in former Yugoslavia, Albania and maybe the best example would be Cyprus, where despite the “rule of law” and “sacrosanct of private property” your deposits if larger that guarantied amount were confiscated as a “bail in” in order to save banking sector. Even if you are lucky enough not to be relieved of your excess wealth, there are always daily maximums that you can withdraw from ATMs.
It's really hard to foresee an economic collapse. They are like earthquakes. They store the energy of financial instability and suddenly hit, and all falls apart. Since in economics everything is connected, financial institutions and countries crash like dominoes. In 1998 collapse of Taiwanese Baht lead to domino effect that bankrupted Russia and in Latin America “Tequila effect” rampaged from Mexico to Argentina. Panic can spread easily and it would not be the first time that governments shut down the banks, exchanges or reprogram ATMs so that you can not withdraw more than certain amount. This things can happen in all modern countries. Examples from last century when in 1933 all banks in US were closed for 8 days or from July to December New York Stock Exchange was closed for 5 months straight in 1914, are long forgotten. We could use more recent examples like when hurricane Katrina or Candy hit the US or when events from 9/11 all led to closing New York Stock Exchange. And, of course, there is always Greece in 2015 where banks were closed, credit cards were not working and you could not access your own money stored in banks.
But how the ordinary citizens cope with those events today in countries that are hit with economic devastation? In Venezuela and Zimbabwe we can see mass adoption of crypto currencies. Since foreign cash is hard to get and it could be counterfeited, local money “ain't worth a continental”, gold is really complicated for small day to day payments (even when it was used all over the world, you had silver and copper coins or banknotes to help out) and barter is really complicated in modern economies, the only cash that can be used for payments regardless of government fiscal and monetary policy is digital cash in a form of crypto currencies. The good thing is that you just need a mobile phone (almost everybody has one), a crypto currency wallet, and you are all set up. No one can get your wealth (without your personal code), no government can close all the crypto exchanges in the world and you can trade 24/7. There are no bank holidays or deposit haircuts.
But, like in the early times of internet, it was faster to write a post card and send it by yourself than to wait for 54k modem to connect and send the email, at this point the user friendliness of cypto currencies is not very high which prevents the mass adoption. The whole idea is still in its infancy. Since current market cap for all digital currencies is a bit more than 200bn$ which is very modest for global economy, it can be expected that mass adoption will trigger more influx from fiat currencies into crypto world making the value of the currencies to go up.
For more than 1000 crypto currencies true competition will filter out the useful coins from the bad ones and many more could see the rise of value that is now synonymous with Bitcoin. Who knows, maybe some of the less know coins could become low cost replacement of current money transfer services like the Bitcoin Cash or you can by thins on Amazon with Etherium or on Ali Baba with Safex. Russian government is already making plans for creating a “Crypto Ruble”.
The government inflatory money got its competition. The stage is set for Hayek’s Free Banking where all currencies can compete on leveled field. With people freely choosing currencies for peer to peer transactions, governments will have to rethink their monetary policy or their currencies will become worth on paper only.
submitted by josh_goldstain to safex [link] [comments]

Subreddit Stats: btc top posts from 2017-01-09 to 2017-02-07 22:40 PDT

Period: 29.80 days
Submissions Comments
Total 999 28052
Rate (per day) 33.52 904.13
Unique Redditors 409 2067
Combined Score 56126 117584

Top Submitters' Top Submissions

  1. 3835 points, 41 submissions: Egon_1
    1. "One miner loses $12k from BU bug, some Core devs scream. Users pay millions in excessive tx fees over the last year "meh, not a priority" (529 points, 262 comments)
    2. Charlie Shrem: "Oh cmon. @gavinandresen is the reason we are all here today. Stop attacking people, ...." (256 points, 61 comments)
    3. The core developers don't care about you. Let's fire them by hard fork to Bitcoin unlimited! (231 points, 83 comments)
    4. Bitcoin Core Hashrate Below 80% (211 points, 27 comments)
    5. "Bitcoin is an P2P electronic cash system, not digital gold. If Bitcoin's usefulness as cash is undermined, its value will be undermined too." (198 points, 196 comments)
    6. I like these ads (194 points, 25 comments)
    7. "ViaBTC Transaction Accelerator already help more than 5K delayed transactions got confirmed." (142 points, 27 comments)
    8. Bitcoin Unlimited: Over 800 PH/s (128 points, 21 comments)
    9. ViaBTC produces ZERO empty block in the last month. Best in SPV base mining pool. (117 points, 2 comments)
    10. New ATL (All Time Low) For Bitcoin Core Blocks (114 points, 59 comments)
  2. 2876 points, 24 submissions: ydtm
    1. The debate is not "SHOULD THE BLOCKSIZE BE 1MB VERSUS 1.7MB?". The debate is: "WHO SHOULD DECIDE THE BLOCKSIZE?" (1) Should an obsolete temporary anti-spam hack freeze blocks at 1MB? (2) Should a centralized dev team soft-fork the blocksize to 1.7MB? (3) OR SHOULD THE MARKET DECIDE THE BLOCKSIZE? (354 points, 116 comments)
    2. BU-SW parity! 231 vs 231 of the last 1000 blocks! Consensus will always win over censorship! MARKET-BASED blocksize will always win over CENTRALLY-PLANNED blocksize! People want blocksize to be determined by the MARKET - not by Greg Maxwell & his 1.7MB anyone-can-spend SegWit-as-a-soft-fork blocks. (271 points, 66 comments)
    3. The number of blocks being mined by Bitcoin Unlimited is now getting very close to surpassing the number of blocks being mined by SegWit! More and more people are supporting BU's MARKET-BASED BLOCKSIZE - because BU avoids needless transaction delays and ultimately increases Bitcoin adoption & price! (185 points, 80 comments)
    4. "Notice how anyone who has even remotely supported on-chain scaling has been censored, hounded, DDoS'd, attacked, slandered & removed from any area of Core influence. Community, business, Hearn, Gavin, Jeff, XT, Classic, Coinbase, Unlimited, ViaBTC, Ver, Jihan,, btc" ~ u/randy-lawnmole (176 points, 114 comments)
    5. "Why is Flexible Transactions more future-proof than SegWit?" by u/ThomasZander (175 points, 110 comments)
    6. "You have to understand that Core and their supporters eg Theymos WANT a hardfork to be as messy as possible. This entire time they've been doing their utmost to work AGAINST consensus, and it will continue until they are simply removed from the community like the cancer they are." ~ u/singularity87 (170 points, 28 comments)
    7. Blockstream/Core don't care about you. They're repeatedly crippling the network with their DEV-CONTROLLED blocksize. Congestion & delays are now ROUTINE & PREDICTABLE after increased difficulty / time between blocks. Only we can fix the network - using MARKET-CONTROLLED blocksize (Unlimited/Classic) (168 points, 60 comments)
    8. 3 excellent articles highlighting some of the major problems with SegWit: (1) "Core Segwit – Thinking of upgrading? You need to read this!" by WallStreetTechnologist (2) "SegWit is not great" by Deadalnix (3) "How Software Gets Bloated: From Telephony to Bitcoin" by Emin Gün Sirer (146 points, 59 comments)
    9. This trader's price & volume graph / model predicted that we should be over $10,000 USD/BTC by now. The model broke in late 2014 - when AXA-funded Blockstream was founded, and started spreading propaganda and crippleware, centrally imposing artificially tiny blocksize to suppress the volume & price. (143 points, 97 comments)
    10. Now that BU is overtaking SW, r\bitcoin is in meltdown. The 2nd top post over there (sorted by "worst first" ie "controversial") is full of the most ignorant, confused, brainwashed comments ever seen on r\bitcoin - starting with the erroneous title: "The problem with forking and creating two coins." (142 points, 57 comments)
  3. 2424 points, 31 submissions: realistbtc
    1. Remember this picture ? It was a very strong and cool message from around 2014 . Well, sadly it's not true anymore. But it was universally liked in the Bitcoin space , and probably brought here some of us . I remember even luke-jr reposting it somewhere (oh , the hypocrysis!! ). (249 points, 55 comments)
    2. Emin Gun Sirer on Twitter ' My take is the exact opposite: we are now finding out that Segwit isn't necessary and we can get the same benefits via simpler means. " (248 points, 46 comments)
    3. Gavin Andresen on Twitter : ' The purpose of a consensus system is to arrive at one outcome. Participating means accepting the result even if you initially disagree. ' (204 points, 56 comments)
    4. enough with the blockstream core propaganda : changing the blocksize IS the MORE CAUTIOUS and SAFER approach . if it was done sooner , we would have avoived entirely these unprecedented clycles of network clogging that have caused much frustrations in a lot of actors (173 points, 15 comments)
    5. Gavin Andresen on Twitter - 'This can't be controversial... can it? - a definition of Bitcoin' (136 points, 38 comments)
    6. adam back on twitter "contentious forks are bad idea for confidence & concept of digital scarcity. wait for the ETFs. profit. mean time deploy segwit & lightning" - no! a corrupt company like blockstream with a washed out ex cypherpunk like adam are what's bad for Bitcoin . (122 points, 115 comments)
    7. "Bitcoin: A Peer-to-Peer Electronic Cash System" - if you stray from that , you don't get to keep calling it Bitcoin. call it blockstreamcoin, adamcoin, gregcoin, theymoscoin or whatever and go fork off yourself . (112 points, 19 comments)
    8. soon 21 will have to change the scale , because 180 satoshi/KB won't be enough anymore - madness - feel free to send your complaints to greg maxwell CTO of blockstream (112 points, 31 comments)
    9. PSA : if you use a ledger wallet , you risk paying an absurdly high free - see here : 10$ for a 225 bytes 150$ tx - but remember , it's all fine for your elitist and gregonomic friends at blockstream (109 points, 111 comments)
    10. Luke 'the liar' Dashjr : ' My BIP draft didn't make progress because the community opposes any block size increase hardfork ever. ' -- yes , he wrote exactly that !! (96 points, 33 comments)
  4. 2129 points, 43 submissions: increaseblocks
    1. After failing to get 10K bitcoins for stolen NSA exploits, Shadow Brokers post farewell message, dump a cache of Windows hacking tools online (181 points, 23 comments)
    2. Coinbase and the IRS (146 points, 69 comments)
    3. Ryan X. Charles on Twitter - There is a leadership gap in bitcoin left by technical community members who didn't listen to miners, businesses or users. (117 points, 44 comments)
    4. Blockstream Core developer says you should "pay a $5 fee" to get your transaction to go through! (116 points, 32 comments)
    5. $2.50 transaction FEE paid on $37 transaction, still unconfirmed for 24 hours!! (109 points, 37 comments)
    6. Blockstream shareholder gives a little more insight into the company (107 points, 33 comments)
    7. Finished setting up my Unlimited full node. Took just over 24 hrs to sync with a 5 yr old laptop and standard U.S. connection + $50 1TB hard drive! (96 points, 46 comments)
    8. Matt Corallo/TheBlueMatt leaves Blockstream to go work for Chaincode Labs... is the Blockstream house of cards beginning to crumble? (86 points, 175 comments)
    9. 53,000 transactions in the backlog! (75 points, 79 comments)
    10. Doctor ₿ Goss on Twitter: Spending a year on #segwit instead of coordinating blocksize increase may not have been wise. Money that doesn't work is worthless (70 points, 11 comments)
  5. 1590 points, 9 submissions: parban333
    1. Dear Theymos, you divided the Bitcoin community. Not Roger, not Gavin, not Mike. It was you. And dear Blockstream and Core team, you helped, not calling out the abhorrent censorship, the unforgivable manipulation, unbecoming of supposed cypherpunks. Or of any decent, civil persons. (566 points, 87 comments)
    2. nullc disputes that Satoshi Nakamoto left Gavin in control of Bitcoin, asks for citation, then disappears after such citation is clearly provided. greg maxwell is blatantly a toxic troll and an enemy of Satoshi's Bitcoin. (400 points, 207 comments)
    3. Remember: while the blockstream trolls take Peter R out of context, Peter Todd really think Bitcoin should have a 1%/security tax via inflation. (146 points, 92 comments)
    4. So, Alice is causing a problem. Alice is then trying to sell you a solution for that problem. Alice now tell that if you are not buying into her solution, you are the cause of the problem. Replace Alice with Greg & Adam.. (139 points, 28 comments)
    5. SegWit+limited on-chain scaling: brought to you by the people that couldn't believe Bitcoin was actually a sound concept. (92 points, 47 comments)
    6. Remember: the manipulative Adam Back, CEO of Blockstream, want to fool every newcomer that doesn't know better into thinking that he practically invented Bitcoin. (91 points, 22 comments)
    7. Not only segwit support is laughable at the moment for something targeting 95% adoption, but it's actually diminishing. Wallet devs and people that spent resources implementing that ridiculous contraption must feel a bit silly at the moment.... (83 points, 143 comments)
    8. It's ironic that blockstream's concerns about hard forks security are what's actually caused concerns about hard forks security. (46 points, 5 comments)
    9. The Intercept - "Hidden loopholes allow FBI agents to infiltrate political and religious groups" - Just something to consider, right? (27 points, 2 comments)
  6. 1471 points, 10 submissions: sandakersmann
    1. Charlie Shrem on Twitter: "If we don't implement bigger blocks ASAP, Paypal will be cheaper than #bitcoin. I already pay a few dollars per tx. Stop hindering growth." (472 points, 254 comments)
    2. Olivier Janssens on Twitter: "Do you like Bitcoin? Then you like an unlimited block size. The limit was put in place as a temp fix and was never hit before last year." (252 points, 189 comments)
    3. Ryan X. Charles on Twitter: "Bigger blocks will allow more people access to every aspect of bitcoin, enhancing decentralization" (213 points, 179 comments)
    4. Is Bitcoin Unlimited Headed for Activation? (149 points, 38 comments)
    5. Marius Kjærstad on Twitter: "High fees push real economy out of #Bitcoin and makes price driven by speculation. Result is a lower real economy floor to catch the knife." (132 points, 37 comments)
    6. No Primary Litecoin Pool Will Upgrade to Segwit, Says LTC1BTC's Founder (103 points, 60 comments)
    7. Charlie Shrem: "Bitcoin is been built to appreciate or die. That's how it is. It has to continue to grow. If it doesn't grow then it's just gonna go away." (76 points, 15 comments)
    8. G. Andrew Stone & Andrew Clifford: Bitcoin Unlimited (Episode 166) (36 points, 1 comment)
    9. Joseph VaughnPerling on Twitter: "#SegWit on $LTC's safe b/c low TX vol. AnyoneCanSpend TX UTXO unlikely to hit 51% attack cost. On $BTC it'd be insidiously fatal. @SegWit" (21 points, 8 comments)
    10. Bitcoin Plummets After China Launches "Market Manipulation" Investigations Of Bitcoin Exchanges (17 points, 0 comments)
  7. 1408 points, 7 submissions: BeijingBitcoins
    1. LOL - /bitcoin user claims that people aren't being actively silenced; is actively silenced. (307 points, 142 comments)
    2. Reality check: today's minor bug caused the pool to miss out on a $12000 block reward, and was fixed within hours. Core's 1MB blocksize limit has cost the users of bitcoin >$100k per day for the past several months. (270 points, 173 comments)
    3. Satoshi: "The eventual solution will be to not care how big [block size] gets." (250 points, 75 comments)
    4. Top post on /bitcoin about high transaction fees. 709 comments. Every time you click "load more comments," there is nothing there. How many posts are being censored? The manipulation of free discussion by /bitcoin moderators needs to end yesterday. (229 points, 91 comments)
    5. Bitcoin Unlimited blocks at all time high! (143 of last 1000) (191 points, 56 comments)
    6. Censored in bitcoin: "Bitcoin Core hashrate reaches 79.7%" (91 points, 61 comments)
    7. Bitcoin Transaction Fees - All Time (70 points, 18 comments)
  8. 1235 points, 40 submissions: chinawat
    1. Julian Assange just used the bitcoin block number 447506 as a proof of life. (199 points, 42 comments)
    2. "$3000 donated anonymously to the @internetarchive in bitcoin just now. Made our day!" -- Brewster Kahle on Twitter (97 points, 3 comments)
    3. ‘Barclays took my £440,000 and put me through hell’ | Money (76 points, 22 comments)
    4. Venezuelan Police Arrest Eight Bitcoin Miners in Two Weeks, and the Country's Leading Bitcoin Exchange Suspends Operations (52 points, 2 comments)
    5. The Path To $10,000 Bitcoin (46 points, 11 comments)
    6. How Deutsche Bank Made a $462 Million Loss Disappear (44 points, 6 comments)
    7. "The plan (#mBTC units) has been discussed amongst local #Chinese exchanges, & we believe it will appease the regulators, w/ "lower" prices." -- Bobby Lee on Twitter (43 points, 36 comments)
    8. "Everyone knows that we need to reduce the max block size, but is a one-time drop to 300 kB really the best way?" -- theymos (40 points, 68 comments)
    9. Buy bitcoin from any 7-11 in the Philippines (36 points, 0 comments)
    10. The Race Is On for a Bitcoin ETF (31 points, 14 comments)
  9. 1010 points, 17 submissions: 1and1make5
    1. Last 1000 Blocks - Bitcoin Unlimited overtakes soft-fork-segwit signaling (165 points, 25 comments)
    2. Again: Bigger Blocks Mean More Decentralization - Roger Ver (101 points, 59 comments)
    3. cnLedger on Twitter - "@todu77 Contacted http://BTC.TOP . A different logic was used when dealing w/ (very occasional) empty blc. They'll update to BU only" (94 points, 6 comments)
    4. Controlling your own wealth as a basic human right - Brian Armstrong (93 points, 30 comments)
    5. Last 1000 Blocks - 20% of the Bitcoin mining network supports Bitcoin Unlimited (89 points, 4 comments)
    6. current hashrate: ~100 Ph/s (71 points, 5 comments)
    7. Throwback Thursday: mined their first BU block 1 month ago with ~31 Ph/s, today they have ~149 Ph/s (68 points, 6 comments)
    8. Epicenter Bitcoin 166 - G. Andrew Stone & Andrew Clifford: Bitcoin Unlimited (63 points, 50 comments)
    9. Coinbase Obtains the Bitlicense (53 points, 19 comments)
    10. Fun fact (doesn't mean anything): In the last 24 hours more blocks have signaled support for Bitcoin Unlimited than soft-fork-segwit (53 points, 5 comments)
  10. 984 points, 20 submissions: seweso
    1. Bitcoin unlimited is an expression of freedom. And freedom will always be misconstrued by paternalists/statists as something dangerous. (120 points, 64 comments)
    2. My hope for Bitcoin Unlimited is not to force a hardfork upon everyone, but to break through the censorship, to open minds. (106 points, 88 comments)
    3. Core threatening a POW change makes absolutely no sense whatsoever. (97 points, 58 comments)
    4. "We will run a SegWit release in production by the time [a 2MB hardfork] is released in a version of Bitcoin Core." (94 points, 84 comments)
    5. Blocked by Peter Todd for pointing out he started the propaganda war with his slippery slope video. (92 points, 41 comments)
    6. I can't wait to spend everyone's SegWit funds on a hard-forked >1Mb chain. ~ Seweso (72 points, 72 comments)
    7. BashCo putting his Bitcoin ignorance on display by stating "60,000 #Bitcoin transactions don't just magically appear out of thin air. #spam" (66 points, 12 comments)
    8. Bitcoin Core developers discussing and deciding on Bitcoin economics again (47 points, 13 comments)
    9. Reaction to: why-bitcoin-unlimiteds-emergent-consensus-gamble (46 points, 9 comments)
    10. "@seweso Show me an instance where core pushed out a change and cost miners a block reward." ~ I can do that ;) (37 points, 6 comments)
  11. 883 points, 16 submissions: Shock_The_Stream
    1. Emin Gün Sirer: Finally getting to the crux of the battle. LN/Segwit/fee-market are a synonym for "high fees." Nothing about this tech requires high fees. (155 points, 78 comments)
    2. BTC.TOP !! - New Alltime High for BU blocks @199 ! BTC.TOP alone just mined 4 BU blocks within 47 minutes (115 points, 26 comments)
    3. The great halvening of Samson's Segwit Pool: Mission accomplished! 1 yr: 12.50%, 6 month: 11.10%, 1 month: 7.83%, 1week: 6.67%, 4 days: 6% (107 points, 56 comments)
    4. Surpise: SegWit SF becomes more and more centralized - around half of all Segwit signals come from Bitfury ... (107 points, 45 comments)
    5. BS of the week by Rusty Russell: "If segwit doesn't activate, something is badly broken in Bitcoin" (102 points, 97 comments)
    6. Slush pool: Incredible bad luck for the Bitcoin Unlimited voters (43 points, 26 comments)
    7. The Bitfury Attack (43 points, 38 comments)
    8. 799! Jiang Zhuo'er teared down this wall! (40 points, 13 comments)
    9. Did Slush just stop mining segwit with the 'don't care' voters? (39 points, 36 comments)
    10. Fortune favours the bold: BTC.TOP with 300% luck today (30 points, 2 comments)
  12. 754 points, 10 submissions: AQuentson
    1. Price Shoots Up as Miners Checkmate and Bitcoin Unlimited Surpasses Segwit. (113 points, 28 comments)
    2. One Transaction Will Cost $400 if Bitcoin Hits $10,000 According to Jameson Lopp (104 points, 39 comments)
    3. Bitcoin Core Developer: Satoshi's Design Doesn't Work (100 points, 78 comments)
    4. Wow! Had no idea the BitcoinMarkets subreddit is completely censored. (90 points, 29 comments)
    5. F2Pool Will Not Upgrade Its Bitcoin Pool to Segwit "Anytime Soon" (89 points, 21 comments)
    6. The Bitcoin Market Needs Big Blocks, Says Founder of BTC.TOP Mining Pool (82 points, 21 comments)
    7. Almost $1 Billion Worth of Bitcoins Stuck in Transaction Backlog (72 points, 8 comments)
    8. ViaBTC's Hashrate Increases to 12 Percent (58 points, 2 comments)
    9. “The protocol debate is not my priority." - Jihan Wu, Bitmain's Founder (24 points, 13 comments)
    10. Wow! Almost $1 Billion Worth of Bitcoin is Stuck, Can't Move - What Happens if no Block is Found in One Hour (as has happened before) Will Bitcoin Literally Break Down? (22 points, 14 comments)
  13. 744 points, 10 submissions: BobsBurgers3Bitcoin
    1. Bitcoin Unlimited 1.0.0 has been released (274 points, 130 comments)
    2. Censored in r\Bitcoin: "35.8 Cents: Average Transaction Fee so far in 2017. The Average Transaction Fee in 2016 was 16.5 Cents" (260 points, 123 comments)
    3. 35.8 Cents: Average Transaction Fee so far in 2017. The Average Transaction Fee in 2016 was 16.5 Cents (74 points, 18 comments)
    4. Former Fed Employee Fined $5,000 for Using Computer for Bitcoin (37 points, 5 comments)
    5. Bitcoin: Why It Now Belongs in Every Portfolio (26 points, 0 comments)
    6. Bitcoin is 'a great hedge against the system' and could be the new gold (18 points, 1 comment)
    7. Bitcoin Will Change Money Like the Internet Changed Video (15 points, 0 comments)
    8. Is Warren Buffett Wrong About Bitcoin? (14 points, 3 comments)
    9. Bitseed Review – A Plug & Play Full Bitcoin Node (13 points, 2 comments)
    10. Bitcoin is soaring (and Business Insider does not change the title of the almost identical article published 3 weeks ago by the same author) (13 points, 1 comment)
  14. 732 points, 10 submissions: specialenmity
    1. Fantasy land: Thinking that a hard fork will be disastrous to the price, yet thinking that a future average fee of > $1 and average wait times of > 1 day won't be disastrous to the price. (209 points, 70 comments)
    2. "Segwit is a permanent solution to refuse any blocksize increase in the future and move the txs and fees to the LN hubs. The chinese miners are not as stupid as the blockstream core devaluators want them to be." shock_the_stream (150 points, 83 comments)
    3. In response to the "unbiased" ELI5 of Core vs BU and this gem: "Core values trustlessness and decentralization above all. Bitcoin Unlimited values low fees for on-chain transactions above all else." (130 points, 45 comments)
    4. Core's own reasoning doesn't add up: If segwit requires 95% of last 2016 blocks to activate, and their fear of using a hardfork instead of a softfork is "splitting the network", then how does a hardfork with a 95% trigger even come close to potentially splitting the network? (96 points, 130 comments)
    5. luke-jr defines "using bitcoin" as running a full node. Dictates that the cost of moving money ( a transaction) should exceed "using bitcoin". Hah (38 points, 17 comments)
    6. If it's not activating that is a strong evidence that the claims of it being dire were and continue to be without substance. nullc (36 points, 23 comments)
    7. I'm more concerned that bitcoin can't change than whether or not we scale in the near future by SF or HF (26 points, 9 comments)
    8. "The best available research right now suggested an upper bound of 4MB. This figure was considering only a subset of concerns, in particular it ignored economic impacts, long term sustainability, and impacts on synchronization time.." nullc (20 points, 4 comments)
    9. At any point in time mining pools could have increased the block reward through forking and yet they haven't. Why? Because it is obvious that the community wouldn't like that and correspondingly the price would plummet (14 points, 14 comments)
    10. The flawed mind of jstolfi (13 points, 17 comments)
  15. 708 points, 7 submissions: knight222
    1. BTC.TOP operator: “We have prepared $100 million USD to kill the small fork of CoreCoin, no matter what POW algorithm, sha256 or scrypt or X11 or any other GPU algorithm. Show me your money. We very much welcome a CoreCoin change to POS.” (241 points, 252 comments)
    2. For those who missed it, this is how the hardfork with Bitcoin Unlimited will happen. (173 points, 79 comments)
    3. Blocks mined with Bitcoin Unlimited reaching 18% (133 points, 28 comments)
    4. Bitcoin Unlimited is less than 1% away from outpacing Segwit for the last 1000 blocks mined (90 points, 44 comments)
    5. BU nodes peaked in the last days (28 points, 6 comments)
    6. Blockstream never tried to compromise but they will (too late). This is why: (22 points, 4 comments)
    7. BTC.TOP is having a good day (21 points, 6 comments)

Top Commenters

  1. Adrian-X (3622 points, 821 comments)
  2. H0dl (3157 points, 563 comments)
  3. Bitcoinopoly (2732 points, 345 comments)
  4. knight222 (2319 points, 361 comments)
  5. MeTheImaginaryWizard (2043 points, 429 comments)
  6. Ant-n (1818 points, 387 comments)
  7. todu (1756 points, 265 comments)
  8. seweso (1742 points, 328 comments)
  9. awemany (1690 points, 401 comments)
  10. Shock_The_Stream (1647 points, 217 comments)
  11. Helvetian616 (1578 points, 206 comments)
  12. Egon_1 (1478 points, 162 comments)
  13. realistbtc (1299 points, 95 comments)
  14. BitcoinIsTehFuture (1231 points, 139 comments)
  15. LovelyDay (1226 points, 196 comments)
  16. thcymos (1172 points, 117 comments)
  17. BeijingBitcoins (1098 points, 58 comments)
  18. Yheymos (1061 points, 69 comments)
  19. steb2k (1058 points, 238 comments)
  20. ydtm (987 points, 132 comments)
  21. dontcensormebro2 (975 points, 106 comments)
  22. chinawat (972 points, 223 comments)
  23. increaseblocks (934 points, 73 comments)
  24. segregatedwitness (921 points, 101 comments)
  25. Annapurna317 (874 points, 146 comments)
  26. DaSpawn (817 points, 162 comments)
  27. insette (808 points, 91 comments)
  28. TanksAblazment (803 points, 150 comments)
  29. blockstreamcoin (787 points, 133 comments)
  30. MeatsackMescalero (774 points, 95 comments)
  31. satoshis_sockpuppet (745 points, 126 comments)
  32. BitcoinXio (739 points, 50 comments)
  33. jstolfi (734 points, 183 comments)
  34. singularity87 (720 points, 90 comments)
  35. Richy_T (704 points, 163 comments)
  36. redlightsaber (690 points, 138 comments)
  37. Leithm (686 points, 74 comments)
  38. ErdoganTalk (668 points, 252 comments)
  39. BitcoinPrepper (665 points, 89 comments)
  40. reddaxx (664 points, 105 comments)
  41. r1q2 (660 points, 110 comments)
  42. papabitcoin (653 points, 79 comments)
  43. 2ndEntropy (632 points, 76 comments)
  44. FormerlyEarlyAdopter (608 points, 92 comments)
  45. Coolsource (595 points, 116 comments)
  46. Peter__R (589 points, 43 comments)
  47. timepad (570 points, 62 comments)
  48. Rawlsdeep (564 points, 109 comments)
  49. themgp (560 points, 46 comments)
  50. ForkiusMaximus (558 points, 89 comments)

Top Submissions

  1. Dear Theymos, you divided the Bitcoin community. Not Roger, not Gavin, not Mike. It was you. And dear Blockstream and Core team, you helped, not calling out the abhorrent censorship, the unforgivable manipulation, unbecoming of supposed cypherpunks. Or of any decent, civil persons. by parban333 (566 points, 87 comments)
  2. "One miner loses $12k from BU bug, some Core devs scream. Users pay millions in excessive tx fees over the last year "meh, not a priority" by Egon_1 (529 points, 262 comments)
  3. Charlie Shrem on Twitter: "If we don't implement bigger blocks ASAP, Paypal will be cheaper than #bitcoin. I already pay a few dollars per tx. Stop hindering growth." by sandakersmann (472 points, 254 comments)
  4. nullc disputes that Satoshi Nakamoto left Gavin in control of Bitcoin, asks for citation, then disappears after such citation is clearly provided. greg maxwell is blatantly a toxic troll and an enemy of Satoshi's Bitcoin. by parban333 (400 points, 207 comments)
  5. The debate is not "SHOULD THE BLOCKSIZE BE 1MB VERSUS 1.7MB?". The debate is: "WHO SHOULD DECIDE THE BLOCKSIZE?" (1) Should an obsolete temporary anti-spam hack freeze blocks at 1MB? (2) Should a centralized dev team soft-fork the blocksize to 1.7MB? (3) OR SHOULD THE MARKET DECIDE THE BLOCKSIZE? by ydtm (354 points, 116 comments)
  6. LOL - /bitcoin user claims that people aren't being actively silenced; is actively silenced. by BeijingBitcoins (307 points, 142 comments)
  7. Massive censorship on "/bitcoin" continues by BitcoinIsTehFuture (296 points, 123 comments)
  8. Charlie Shrem on Twitter: "You can talk about anything in BTC and it won't be auto deleted" by BitcoinXio (291 points, 69 comments)
  9. Bitcoin Unlimited blocks exceed Core for first time, 232 vs. 231 of last 1,000 by DNVirtual (282 points, 84 comments)
  10. As relevant as it's always been by iopq (276 points, 15 comments)

Top Comments

  1. 151 points: nicebtc's comment in "One miner loses $12k from BU bug, some Core devs scream. Users pay millions in excessive tx fees over the last year "meh, not a priority"
  2. 123 points: 1DrK44np3gMKuvcGeFVv's comment in "One miner loses $12k from BU bug, some Core devs scream. Users pay millions in excessive tx fees over the last year "meh, not a priority"
  3. 117 points: cryptovessel's comment in nullc disputes that Satoshi Nakamoto left Gavin in control of Bitcoin, asks for citation, then disappears after such citation is clearly provided. greg maxwell is blatantly a toxic troll and an enemy of Satoshi's Bitcoin.
  4. 117 points: seweso's comment in Roger Ver banned for doxing after posting the same thread Prohashing was banned for.
  5. 113 points: BitcoinIsTehFuture's comment in Dear Theymos, you divided the Bitcoin community. Not Roger, not Gavin, not Mike. It was you. And dear Blockstream and Core team, you helped, not calling out the abhorrent censorship, the unforgivable manipulation, unbecoming of supposed cypherpunks. Or of any decent, civil persons.
  6. 106 points: MagmaHindenburg's comment in loses 13.2BTC trying to fork the network: Untested and buggy BU creates an oversized block, Many BU node banned, the HF fails • /Bitcoin
  7. 98 points: lon102guy's comment in loses 13.2BTC trying to fork the network: Untested and buggy BU creates an oversized block, Many BU node banned, the HF fails • /Bitcoin
  8. 97 points: bigboi2468's comment in contentious forks vs incremental progress
  9. 92 points: vbuterin's comment in [Mark Friedenbach] There is a reason we are generally up in arms about "abusive" data-on-blockchain proposals: it is because we see the potential of this tech!
  10. 89 points: Peter__R's comment in contentious forks vs incremental progress
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