Complaints from Bitcoin Users

[iFixBTCmemoryIssues]

My prediction:

"The routing issue will not be resolved in a decentralized manor, and centralized entities will be needed to manage or aid in routing in some way, even if they do not need to be trusted. Blockstream will be one of these entities." - chriswheeler

[iFixBTCmemoryIssues]

No matter what the routing scheme

"LN will exert enormous amounts of centralization pressure on the Bitcoin ecosystem." - SeemedGood

[iFixBTCmemoryIssues]

it is BlockScheme's strategy to burden bitcoin with technical nonsense code so as to either destroy it

"or make it impossible to maintain as a btc fork." - paulh691

[iFixBTCmemoryIssues]

I'm a software développer and I agree, simple things get complicated when you have to think about all the little details, all freaking "else if"... I'm pretty sure LN didn't specify all those extra conditions that you start to discover

"when you do the implementation." - Zyoman

[iFixBTCmemoryIssues]

35 years here; Forget about the software implementation, LN doesn't even look good on paper. I feel it breaks the fundamentals that drive and balance bitcoin.

"When you pull the entropy (transactions) outside the core system (blockchain) it will unbalance the other features/actors (mining/nodes/etc). I can't believe miners would support LN! In the end, it will be the choice between higher blockchain trx fees or the complexity/UX/trust of LN, and both will be challenged by the simplicity of larger blocksizes." - bitmeister

[iFixBTCmemoryIssues]

A functionally deployed and supported LN by payment processors, merchants, hubs, users, software etc etc is literally years away if ever. Ironically

"it is going to invite centralization of payments." - dontcensormebro2

[iFixBTCmemoryIssues]

Basic product management : Don't kill or cripple version 1

"in favor of an as-yet-unreleased version 2." - MemoryDealers

[iFixBTCmemoryIssues]

Steam canceled my order because my transaction is still unconfirmed even with an 11c (CAD) fee...

"what do I do now?..." - DecentralizeMe

[iFixBTCmemoryIssues]

It is sad to see how Bitcoin Core's limitations is hurting businesses and commerce.

"Really bad for adoption." - Egon_1

[iFixBTCmemoryIssues]

this is exactly the poor user experience

"that will prevent adoption." - Petebit

[iFixBTCmemoryIssues]

This post alone has made me decide that Bitcoin isn't worth the trouble

"if I just want to buy something like a video game." - worsedoughnut

[iFixBTCmemoryIssues]

Anybody experiencing slow conf times?

"438 bytes with a 36 cent fee over 1 hour!" - vroomDotClub

[iFixBTCmemoryIssues]

Unconfirmed Transaction

"I tried to rebroadcast but Says, "Transaction Already Exists". What do I do? I use Bitcoin QT on Windows. Will it just work it self out?" - witchhoser

[iFixBTCmemoryIssues]

Complaints from users, Day 73 (20/09/2016):

PUBLIC SERVICE ANNOUNCEMENT #2

" NodeCounter.com is of the opinion that the current Bitcoin development team is not taking satisfactory steps to ensure the growth and advancement of Bitcoin in accordance with satoshi's original white paper.

Instead, Bitcoin is being transformed into a settlement layer, with high fees, and using a labyrinth of complex overlays on top of the basic system.

After over one year of stagnation, it has become evident that no change will occur. The current Bitcoin development team has prevented the ability to freely discuss the development of Bitcoin by tacitly supporting censorship, and outright banning of developers and community members who differ in opinion.

Since efforts by the community to resolve these problems have failed, it is necessary to resolve them with a different approach.

When looking at the subject of cryptocurrency as a whole, it can be seen that alternative cryptocurrencies themselves act as a method of decentralization. This includes decentralization of development as well.

By supporting another cryptocurrency, you are supporting the features and development team you want. Money speaks louder than words, especially in a censored environment. Let your money tell the market what you want.

There are currently cryptocurrencies which perform better than Bitcoin, have more features than Bitcoin, have a more receptive and open development team than Bitcoin, and have a better upgrade path than Bitcoin. The single and only remaining quality that Bitcoin has over these other cryptocurrencies is first-mover advantage. In every other category Bitcoin is second.

Thus, as it is currently impossible to make a change within the current Bitcoin development team, it is recommended that you place your investments in those cryptocurrencies which have the features and development teams you want the most.

This is how the market will decide.

We will not mention which coin(s) you should invest in here, as this is the free market's choice.

Speak with your wallet.

Sincerely,

NodeCounter.com " - NodeCounter.com

[iFixBTCmemoryIssues]

At this point I think its fairly certain that what we are seeing is industrial espionage.

"All the decisions and actions cannot be incompetence or stupidity." - cm18

[iFixBTCmemoryIssues]

Complaints from users, Day 74 (22/09/2016):

study shows how Bitcoin Core wallet

"is costly and inefficient." - Caledonean88

[iFixBTCmemoryIssues]

Priority transaction with a fee of .35 cents. No confirmations after 3 hours.

"Bitcoin will never be used for in person transactions." - Lowvizibility

[iFixBTCmemoryIssues]

Fiat cash transactions are 7 pennies

"cheaper." - RaptorXP

[iFixBTCmemoryIssues]

7 cents is more of a fee than I am willing to pay

"day to day." - Pablocality

[iFixBTCmemoryIssues]

Using the official bitcoin core client, it is currently using a fee of: 0.00062614 btc / kilobyte. A typical transaction has two inputs and two outputs, which is around ~594 bytes. That gives us: 0.00062614 * (594 / 1024) = 0.0003632101171875 btc

"Or 21.6 cents." - RHavar

[iFixBTCmemoryIssues]

You are right there - fees changed people's behaviour. Furthermore, I'd say your fear about pushing people away is well founded. Back in 2010/2011 I was showing everybody I could how this thing worked and how to send and receive transactions, and it would cost nothing. People who had at least two braincells would very quickly recognise bitcoin was something to pay attention to.

"Fast forward today, I'm hesitant to show anyone how bitcoin works because of the fees. And even when I do, people's reaction is: "What do you mean it just cost you $0.20 to send $2?"" - king__julien

[iFixBTCmemoryIssues]

This "fee market" core dev advocates is always going to result in everyone on average paying more than they should have to

"It's horribly inefficient and wasteful." - hodls

[iFixBTCmemoryIssues]

what about financial inclusion for most of the world? They can't pay a 10% transaction fee, they might as well go to western union.

"High fees prevent bitcoin from penetrating the majority of the planet" - jeanduluoz

[iFixBTCmemoryIssues]

Complaints from users, Day 75 (23/09/2016):

Wake up call for the #Bitcoin community.

"Our Brazilian users lend and request to transact in #Dogecoin because BTC network fees are too high" - lendingbot

[iFixBTCmemoryIssues]

If we are able to successfully expand on-chain scaling and HF even though Blockstream has 76 Million to fight against it,

"then I have no doubt that Bitcoin can survive anything." - BowlofFrostedFlakes

[iFixBTCmemoryIssues]

we will see Bitcoin move towards success (hard fork)

"or failure (flight to competition due to tight control, censorship, fees to high for integrated business or devolving world practicality)" - cdn_int_citizen

[iFixBTCmemoryIssues]

if you artificially cripple it, it will inherently be worse than an altcoin without the intentional cripple. Bitcoin Core =

"Cripplecoin" - zimmah

[iFixBTCmemoryIssues]

A settlement system driven by Gregonomics is a pipe dream

"that will never get fulfilled." - knight222

[iFixBTCmemoryIssues]

500+ Lines of shitty code

"that literately does nothing to help bitcoin" - Bitcoin3000

[iFixBTCmemoryIssues]

There is plenty of reason to be furious with the people behind Blokstream for the way they have

"held back progress" - p2pecash