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      "title": "",
      "body": "yes indeed...smh",
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      "author": "ancap47",
      "permlink": "re-grnt0352-re-thecryptofiend-re-ancap47-re-thecryptofiend-bip91-has-locked-in-uasf-is-dead-could-bitcoin-hit-new-ath-20170722t140710116z",
      "title": "",
      "body": "Early trading on ViaBTC for the BitcoinCash fork puts it at over a billion dollar marketcap, and the fork hasn't even happened yet:\n\nhttps://steemit.com/bitcoin/@ancap47/bitcoin-hf-coin-already-has-started-trading-against-cny-on-viabtc-exchange",
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      "author": "skririm",
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      "body": "@grnt0352 thanks for your explanation! This makes a lot of my questinsore so clearly answered!",
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    {
      "parent_author": "grnt0352",
      "parent_permlink": "re-grizgal-re-dollarvigilante-is-peter-schiff-against-bitcoin-because-he-is-a-globalist-insider-shill-20170721t204431079z",
      "author": "grizgal",
      "permlink": "re-grnt0352-re-grizgal-re-dollarvigilante-is-peter-schiff-against-bitcoin-because-he-is-a-globalist-insider-shill-20170721t205513290z",
      "title": "",
      "body": "Especially when you have stated the same position again and again in public and that position reinforces your business interests.  I'm sure he wont change his position now, even if bitcoin was adopted as the world reserve currency, accepted by all nations and worth $1m per coin!!",
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      "author": "thecryptofiend",
      "permlink": "re-grnt0352-re-thecryptofiend-re-ancap47-re-thecryptofiend-bip91-has-locked-in-uasf-is-dead-could-bitcoin-hit-new-ath-20170721t204634551z",
      "title": "",
      "body": "Great points.  It is more complex but as you point out that poll is not really evidence.  Also I think whether we like it or not most of the mining power is quite centralised and those who have a say have already voted with their hashing power.",
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      "title": "",
      "body": "Great points.",
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      "parent_author": "cryptoblood",
      "parent_permlink": "re-dollarvigilante-is-peter-schiff-against-bitcoin-because-he-is-a-globalist-insider-shill-20170721t101627545z",
      "author": "grnt0352",
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      "title": "",
      "body": "Agreed.  What happened to Irwin Schiff was a sad thing.",
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{
  "trx_id": "89043788fef524543c18baabad3e905e4c7c0278",
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  "timestamp": "2017-07-21T20:44:33",
  "op": [
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    {
      "parent_author": "grizgal",
      "parent_permlink": "re-dollarvigilante-is-peter-schiff-against-bitcoin-because-he-is-a-globalist-insider-shill-20170721t151545728z",
      "author": "grnt0352",
      "permlink": "re-grizgal-re-dollarvigilante-is-peter-schiff-against-bitcoin-because-he-is-a-globalist-insider-shill-20170721t204431079z",
      "title": "",
      "body": "That's the case in a lot of things.  Once you take a position on something, you're more likely to accept evidence in favor of your position, and reject evidence that opposes it.  We don't realize we're doing this, but we do.",
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    {
      "parent_author": "rambogoham",
      "parent_permlink": "re-dollarvigilante-is-peter-schiff-against-bitcoin-because-he-is-a-globalist-insider-shill-20170721t031328031z",
      "author": "grnt0352",
      "permlink": "re-rambogoham-re-dollarvigilante-is-peter-schiff-against-bitcoin-because-he-is-a-globalist-insider-shill-20170721t204035704z",
      "title": "",
      "body": "I think his perspective is, \"I don't think bitcoin will be valuable in the future, but if my customers want to pay in bitcoin, I'll accommodate.\"\n\nInstalling a cash register is not always a sign of ideological alignment.",
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      "author": "titusfrost",
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  "timestamp": "2017-07-21T20:28:48",
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    {
      "parent_author": "thecryptofiend",
      "parent_permlink": "re-ancap47-re-thecryptofiend-bip91-has-locked-in-uasf-is-dead-could-bitcoin-hit-new-ath-20170721t154916554z",
      "author": "grnt0352",
      "permlink": "re-thecryptofiend-re-ancap47-re-thecryptofiend-bip91-has-locked-in-uasf-is-dead-could-bitcoin-hit-new-ath-20170721t202419224z",
      "title": "",
      "body": "@@ -1182,16 +1182,245 @@\n value.  \n+This, or other factors, could encourage existing miners to change their behavior, and even change the amount of hashpower existing in total.  Miners are just as just as subject to incentives as other participants in the economy.%0A\n Short te\n",
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  "timestamp": "2017-07-21T20:24:21",
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    {
      "parent_author": "thecryptofiend",
      "parent_permlink": "re-ancap47-re-thecryptofiend-bip91-has-locked-in-uasf-is-dead-could-bitcoin-hit-new-ath-20170721t154916554z",
      "author": "grnt0352",
      "permlink": "re-thecryptofiend-re-ancap47-re-thecryptofiend-bip91-has-locked-in-uasf-is-dead-could-bitcoin-hit-new-ath-20170721t202419224z",
      "title": "",
      "body": "A couple of points, to expand on the thoughts in this thread.\n\n- As I'm reading it, that poll, at vote.bitcoin.com counts bitcoins, not users, right?  So we can't tell the difference between 3000 people with one bitcoin each, and one person with 3000 bitcoins/addresses/something?\n- The votes at that site line up almost exactly with the biases of the people who run the site.  I'm not suggesting that it's being manipulated, but I think it's likely that it's better circulated in pro-big-block circles.  The questions, also, are poorly written, and are likely to influence the outcome of the vote.\n- The \"other side\" has their own poll using Coinbase's KYC to diminish the likelihood of multiple votes per person.  Readers will note that many of my above criticisms also apply to this poll, and that it shows the opposite result.\n- Hashpower is important, but it doesn't exist in a vacuum.  Hashpower, like users, has an incentive to follow the majority of activity.  If 60% of hashpower moves to a BitcoinY fork, but relatively few users follow, BitcoinY miners will be spending scarce resources, such as electricity, to mine a coin that has represents comparatively little real value.  Short term profit isn't the only thing that drives the behavior of miners.  Ideology, long term gain, political power, externalities, etc. all play a role.  I want to emphasize that this meme, \"hashpower is the only really important thing,\" is probably oversimplifying a very complex .  If heuristics like that were true enough to act on, we could throw out the entire  canon of behavioral econ.",
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      "author": "grnt0352",
      "permlink": "re-skririm-re-thecryptofiend-2017721t2246173z-20170721t195902886z",
      "title": "",
      "body": "@@ -165,17 +165,16 @@\n n BIP 91\n-,\n  amounts\n",
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      "body": "Note that locking in BIP 91 is not the same thing as locking in Segwit.  BIP 91 is an activation mechanism for Segwit, that functions like the UASF does.  Locking in BIP 91, amounts to miners saying, \"336 blocks from now, we all promise to ignore non-Segwit-signalling blocks, and build a chain of Segwit-supporting blocks.\"\n\nAssuming that all the miners now supporting BIP 91 stick to the terms of that agreement, after a short, 336 block grace period, they will begin mining, and mining on top of,  Segwit-signalling blocks only.  This means that if there are still miners  creating non-Segwit blocks, they will have limited hashpower, and consequently be building a much smaller chain than the Segwit-mining majority.\n\nBecause the network accepts the longest blockchain as the valid one, these non-Segwit miners will be building an invalid chain, giving them a significant financial incentive to switch to the Segwit chain.  Because all blocks in this chain will be signalling for Segwit, the next 2016-block signalling period for Segwit itself should reach the needed 95% signalling threshold required for activation.  Then, after another grace period, Segwit itself should activate, and will be usable on the network.\n\nThis all assumes that these miners do what they've comitted to do.  If they break their word at some point, the situation sort of explodes in complexity, and a lot of what I've written above becomes invalid.\n\nTo speak more directly to your question, the miners who do NOT support Segwit, as noted above, will be mining a minority chain, and subject to having their blocks rejected by the majority of the hashpower.\n\nIf miners and users prefer a chain without Segwit (and presumably bigger blocks) they will likely hard fork themselves away from the majority consensus rules, creating an altcoin.  This prevents a lot of potential harmful interference between the two chains.  Currently, this hard fork effort is known as BitcoinCash, and uses client software BitcoinABC.\n\nNote that the \"success\" or \"failure\" of a lot of these initiatives, whether they be activation mechanisms, technologies, concensus rules, or altcoins, are subject to the support of both miners and users.  I mention this because we don't have a clear idea of where miner and user support really lands on a lot of these proposals.  We know what they're saying, yes, but we don't know if they are  being genuine in signalling their support, or if they'll change their minds.\n\nIt's completely possible, for example, for users to support Segwit2x long enough to activate Segwit, and then not follow a 2 MB hard fork.  It's also possible for a fork of the Bitcoin software to start out with overwhelming miner support, and for that support to migrate away from that chain if there is insufficient use of that coin to maintain the value of that coin (and thus, profitable mining).\n\nThere have been a couple of attempts ([1](https://luke.dashjr.org/programs/kycpoll/) & [2](https://vote.bitcoin.com/)) at Sybil-resistant straw polls.  Thus far, both polls reflect the biases of the faction that created them (among other biasing issues), making them minimally effective as real gauges of opinion.  I'm not aware of any good indicators, but there are ideologues on either side who exhibit (I'll say this diplomatically) misleading optimism and confidence about how things \"will\" work out.  I advise you to interpret such claims with caution, even when they are represented as fact, and to do your own research, using a variety of sources and opinions.",
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      "body": "A lot of people probably identify with libertarianism because they align more strongly with libertarian policy recommendations than either of the major parties.\n\nI think a lot of libertarians, like paleo-conservatives, were less ideological libertarians than fellow travelers of the libertarian movement.  For those people, a resurgence of \"principled\" conservatism (or at least a rejection of conservative-realpolitik), was likely an opportunity to align themselves with a basket of policies and attitudes that suited them better than the LP.\n\nIt doesn't hurt that Donald Trump is charismatic, rich, and famous.\n\nI have a philosophical preference for anarcho capitalism, but I can't stand the community that surrounds it, and I'm a moral nihilist, so I've stopped identifying  myself as such.",
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