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Is Bitcoin breaking up?

wsj.com

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Re: Is Bitcoin breaking up?

#2
If you want to read the article without being blocked by WSJ's paywall just Google the name of the article and click on the link. More often times than not you can get to a WSJ article via GoogleNews even if it is pay-restricted.

Re: Is Bitcoin breaking up?

#3

If you want to read the article without being blocked by WSJ's paywall just Google the name of the article and click on the link. More often times than not you can get to a WSJ article via GoogleNews even if it is pay-restricted.

If you click the link titled "web" under the title, it will do that for you.

Re: Is Bitcoin breaking up?

#4
post #3

If you want to read the article without being blocked by WSJ's paywall just Google the name of the article and click on the link. More often times than not you can get to a WSJ article via GoogleNews even if it is pay-restricted.

If you click the link titled "web" under the title, it will do that for you.

Wow when'd that get there? That's incredibly useful. Thanks DanG et al!

Re: Is Bitcoin breaking up?

#5
post #3

If you want to read the article without being blocked by WSJ's paywall just Google the name of the article and click on the link. More often times than not you can get to a WSJ article via GoogleNews even if it is pay-restricted.

If you click the link titled "web" under the title, it will do that for you.

Yep thanks, that is useful if someone posted the article to HN. Now if you want to read any article not on HN.

Edit Cool Beans Thanks for the DownVote Mark, glad to be of help.

Re: Is Bitcoin breaking up?

#6
> Is Bitcoin Breaking Up?

If they have to frame a headline as a question, you can usually assume the answer is "no"...

https://en.wikipedia.org/wiki/Betteridge%27s_law_of_headline...

The reason why journalists use that style of headline is that they know the story is probably bullshit, and don’t actually have the sources and facts to back it up, but still want to run it.

Re: Is Bitcoin breaking up?

#7

> Is Bitcoin Breaking Up? If they have to frame a headline as a question, you can usually assume the answer is "no"... https://en.wikipedia.org/wiki/Betteridge%27s_law_of_headline... The reason why journalists use that style of headline is that they know the story is probably bullshit, and don’t actually have the sources and facts to back it up, but still want to run it.

Indeed: https://en.wikipedia.org/wiki/Betteridge's_law_of_headlines

Re: Is Bitcoin breaking up?

#9
The Bitcoin community is rapidly coalescing around an effort to increase the maximum allowed blocksize to 2MB as soon as possible. This increase is being implemented in a new client, Bitcoin Classic [0], which is a fork of Bitcoin Core that changes only the single line of code that sets the blocksize limit.

Bitcoin Classic was created by Jonathan Toomim, an American miner and developer who went to China to talk directly with Chinese miners and to test the effect of bigger blocks on mining operations behind the Great Firewall. Gavin Andresen, Bitcoin Core's former lead developer, and Jeff Garzik, another prominent Core developer, as well as many others, are collaborating with Toomim on further changes that Bitcoin Classic may implement later.

The big difference between Bitcoin Classic and Mike Hearn's failed Bitcoin XT is the concerted effort by the people behind Classic to garner the explicit support of miners (and other important members of the Bitcoin ecosystem) for a blocksize increase. At my last check yesterday, mining-pool operators representing 72% of global hashing power had explicitly expressed their support for Bitcoin Classic's blocksize increase, as had the operators of many popular exchanges, web wallets, and payment providers. (There is a growing compendium of prominent supporters on Bitcoin Classic's website; the complete list is on the project's Github page [1].)

That means that Bitcoin Classic is very likely to break Core's monopoly on the protocol soon. The blocksize increase, and the fork of the blockchain that it will create, is tentatively scheduled to take place after March 1. Get ready.

(By the way, the best sources for information and discussion about the Bitcoin world are now the /r/btc sub-Reddit and the discussion forums at bitcoin.com and bitco.in; the community's former hubs, /r/Bitcoin and bitcointalk.org, are both controlled by the same operator/moderator, and he has strongly censored and perverted all discussion of changes to the protocol that are not supported by Core's intransigent cabal of developers.)

0. https://www.bitcoinclassic.com

1. https://github.com/bitcoinclassic/website/issues/3

Re: Is Bitcoin breaking up?

#10

This headline is a great "grabber" for older bankers and financiers. It implies that the whole "bitcoin thing" is finally blowing over, without going out and saying it. Music to their ears.

Bankers and financiers are nowhere near as worried about bitcoin as many bitcoiners seem to think.
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