Complaints from Bitcoin Users

[iFixBTCmemoryIssues]

The fact that this post got removed from r/Bitcoin is so annoying and stupid. I was looking forward to see people's comments on it

"but then I checked and it wasn't in hot/new list anymore." - tormirez

[iFixBTCmemoryIssues]

/u/theymos removes things he doesn't personally like with no regard to their technical merit.

"he is a petulant child with power of censorship" - utopiawesome

[iFixBTCmemoryIssues]

It's Q4 2016,

"So Where Is Bitcoin's Consumer Demand?" - JuicyGrabs

[iFixBTCmemoryIssues]

Devs are fleeing from bitcoin as fast as they can.

"Bitcoin used to be an elegant simple system with simple scaling strategies planned, but has been co-opted into a rube goldberg machine that nobody asked for." - jcnike

[iFixBTCmemoryIssues]

I get paid mostly in Bitcoin and a bit in Dash, but I'll actually work for less for Dash. All those slow transactions

"get me down sometimes." - thedesertlynx

[iFixBTCmemoryIssues]

Consumer demand is filling the crippled

"1MB blocks" - consensorship

[iFixBTCmemoryIssues]

If Core cannot maintain its 51% attack going,

"SegWit outputs will be spendable by everybody." - BitcoinGuerrilla

[iFixBTCmemoryIssues]

This is the exact reason why we will not be using Segregated Witness in any of our transactions.

"One of the reasons we won't be using it is simply because it's a bad ideas. But the other is that while fees are lower, the 50 cents per day of savings is not enough to offset the potential gains when a fork of Segregated Witness occurs. There will be a fork because anyone can create one and get it listed at Cryptopia or Yobit.

The fork could become successful, in which case all Segregated Witness money will be lost on the new chain. Even if there is a repeat of Ethereum Classic, which was pumped up by criminals and is headed towards oblivion, there will still be lots of money to be made by selling on the forked chain. But you can't sell coins that were sent with Segregated Witness, because those coins will be replayed by someone else on the forked chain." - ProHashing

[iFixBTCmemoryIssues]

The underachieving ugliest and over complex patch in Bitcoin history

"is about to go live." - Ant-n

[iFixBTCmemoryIssues]

Norway's Biggest Bank

"Pulls Bitcoin Account" - Bitcohen

[mjglqw]

Maybe you could do like batches, and include links rather than one at a time.

It's hard to follow one by one.

+1 This is a good idea.

dont you guys think you should be doing something already? Hes been ignoring mods and admins since forever. lol

[RTZ]

Maybe you could do like batches, and include links rather than one at a time.

It's hard to follow one by one.

+1 This is a good idea.

dont you guys think you should be doing something already? Hes been ignoring mods and admins since forever. lol

if this was bitcointalk he would be banned within minutes. just saying.

[scout]

Of my whole internet life, this might be the most useless thread i've ever seen. Where are the mods?

[creationlayer]

Of my whole internet life, this might be the most useless thread i've ever seen. Where are the mods?

Let's not go so far as to say this, but I'm going to reach out to you, IFix and request that you condense your posts to at least 5 complaints, rather than all one at a time. It really would make your thread more interesting.

Please if you can respond to my pm, I will gladly unlock this thread.

Thank You

[creationlayer]

I have unlocked this post,

In the assumption that we will condense the complaints into daily or at least 3 per post.

[iFixBTCmemoryIssues]

Complaints from users, Day 79 (05/10/2016):

Proof that Theymos's embezzled forum money has been paid, at least in part, to an employee of Blockstream.

"post32869.html#p32869" - aquahol

Now that's some fucked up shit. All that talk from Core developers about "it's all conspiracy theories", "Core acts in good faith" and "Core has nothing to do with r/bitcoin"...

"turns out to be a conspiracy itself." - segregatedwitness

Rotten

"to the core." - zimmah

[iFixBTCmemoryIssues]

Shitty forum software development project being over time & budget is one thing, but this tangled money web between BitcoinTalk owner/mod and Reddit /r/Bitcoin "owner" Theymos and Blockstream employee and Litecoin dev Togami and some of his buddies (*) in Honolulu - this looks more like solid conflicts of interest that have been kept under the table so far.

"Kudos to OPs for bringing light on this." - LovelyDay

Something sketchy is definitely happening behind closed doors.

"If you're Theymos and you realize that your "tip jar" is now worth over $2 million, far more than is needed for forum upgrades, why come up with this obviously transparent scheme to cash out through your friends, one of whom works for Blockstream?" - ChairmanOfBitcoin

Money laundering

"is a helluva drug" - blockologist

[iFixBTCmemoryIssues]

/u/spez Is a head moderator of a subreddit using their position to enrich themselves financially and stifle the voices of business competitors

"a violation of Reddit policy?" - aquahol

From what /r/The_Donald has been saying, /u/spez has no problems with gaming the system

"to suit a political agenda." - grabberfish

The two links below show what many people really think about toxic dev u/nullc (Gregory Maxwell, CTO of Blockstream - who has jumped into this thread to "defend" his friend u/theymos, the corrupt moderator squatter/censor of r\bitcoin and bitcointalk.org):

"People are starting to realize how toxic Gregory Maxwell is to Bitcoin, saying there are plenty of other coders who could do crypto and networking, and "he drives away more talent than he can attract." Plus, he has a 10-year record of damaging open-source projects, going back to Wikipedia in 2006.

https://np.reddit.com/r/btc/comments/4k ... c_gregory/

The day when the Bitcoin community realizes that Greg Maxwell and Core/Blockstream are the main thing holding us back (due to their dictatorship and censorship - and also due to being trapped in the procedural paradigm) - that will be the day when Bitcoin will start growing and prospering again.

https://np.reddit.com/r/btc/comments/4q ... izes_that/

Also note that when u/nullc "defended" his friend u/theymos elsewhere in this thread (his comments are massively downvoted, but you can click the [+] to read them), he did not actually refute the main accusation in the OP ("Theymos's embezzled forum money has been paid, at least in part, to an employee of Blockstream").

This is typical of u/nullc: he comes here loudly refutes any selected arguments which he can refute - while ignoring the other (often more important) arguments which he cannot refute (eg: "Theymos's embezzled forum money has been paid, at least in part, to an employee of Blockstream")" - ydtm

[iFixBTCmemoryIssues]

I wish people would just stop supporting core.

"Seems like they have too much influence." - zimmah

These guys are so shady,

"I can't believe it." - Twaah

that was one hundred thousand USD per month, not dependent on the price of bitcoin.

"He's sent at least $2.3 million to Slickage" - aquahol

[iFixBTCmemoryIssues]

Bitcointalk was created by Satoshi Nakamoto. It was originally administered by Sirius (aka Martti Malmi, the second bitcoin developer after Satoshi).

"Theymos came on later and co-administered it with Sirius. Today it is jointly owned by someone named "cobra" and Theymos together." - Jek_Forkins

Identities of Theymos, Cobra, and BTCDrak are unknown. Even Wladimir van der Laan is pretty opaque.

"Imagine if the CEOs of Facebook, Google, and Apple were all anonymous. Or even the FED chair. Or even the POTUS for that matter. It's just inconceivable.

If Bitcoin ever grows to a decent market cap then the identities of those in power will have to be revealed, or they'll no longer be in power." - DIGITAL-not-Virtual

Hey Gregory, for someone who so adamantly denies any involvement or dealings with /u/theymos, you sure as hell come out in support and defense of his every single time an accusation (with varied amounts and qualities of evidence) comes out against him.

"I mean, I was willing to believe your differing standards for denouncing censorship between the two fora was due to this one's support of bigger blocks (and against your in-turmoil company); but holy hell do you seem bent on shitting all over even well-intentioned presumptions of innocence.

Protip for the future: when you're trying to hide a connection between some other person and you, don't come out and defend them at every turn. Your explanations of "I just don't like people being falsely accused" (particularly when your defenses don't really provide any refuting evidence) start to look suspicious when you have double standards in this regard, and even falsely accuse people yourself from time to time." - redlightsaber

[iFixBTCmemoryIssues]

Over the past year or two, he's done more to drive a wedge through the Bitcoin community and make people leave Bitcoin than any other person here

"I've seen more than a few people who have noted a sea change in his general demeanor from when he first appeared." - ChairmanOfBitcoin

He has caused more damage to bitcoin

"than any other individual" - zcc0nonA

Your attempts at PR are awful. Your attempts at mending fences are non-existent. You are the worst advocate Bitcoin has had in its entire 7-year history.

"You have driven an untold amount of talent away from Bitcoin and have done more to indirectly raise the profile of altcoins more than actual altcoin holders." - illegaltorrents

[iFixBTCmemoryIssues]

As many of you already know, theymos scammed bitcointalk users of about 2M$ to build a forum that was never delivered. Do do so, he contracted with a company named Slickage.

"This company is charging a very high rate: 100K$ per month for 4 devs, which would be expensive for senior devs, but is out of this world for 4 smartasses in a university in Honolulu, with no protfolio and who can't get a decent website for themselves (see http://slickage.com/ ). The company is very opaque and looks like a scam rather than anything else.

Looking at their github, however, we find that one of their may contributor is Warren Togami ( https://github.com/slickage/baron/graphs/contributors ). This gentleman is also a blockstream employee: https://blockstream.com/team/warren-togami/ . You can also verify that he has a slickage email here: http://archive.is/Ja5hB , so he is clearly involved.

Now maybe blockstream representatives want to explains to us why theymos is funneling millions to one of their employee.

PS: If you aren't already, follow this thread: post32869.html#p32869

PPS: If you donated to theymos' scam, you should consider taking legal action." - BitcoinGuerrilla

About all I've ever been able to find out about "theymos", the person, is that his IRL identity physically exists, and purportedly works as a website designer for a certain state legislature.

"That identity, a 25-year-old man, has essentially zero internet presence outside of the "theymos" moniker. He has zero social media presence. There are no pictures of him on the Internet, despite evidence of him being on the Internet as theymos long before bitcoin even existed. The vast majority of his cash flow since 2010 has related to bitcoin, both as controller of many major bitcoin forums and from the aforementioned embezzlement/money laundering scam mentioned in this post." - thcymos

I've never trusted Togami and he has been a dick in the past.

"Will be interesting to see what becomes of this." - shmazzled

[iFixBTCmemoryIssues]

Blockstream CEO resigned (or fired)

"in leadership Shake-Up!" - blockologist

Austin didn't cause much trouble, but Adam and Greg are trollin online like 24/7.

"Imagine a world where Austin was always the voice of reason in the company, and just gave up. And now they go 200% more insane, remove transactions from bitcoin altogether" - garoththorp

I don't recall Austin trying to mitigate the ugly situation

"they have put the community in." - knight222

[iFixBTCmemoryIssues]

I see a couple possibilities and outcomes:

"Austin Hill stepped down. There just isn't money to be made pushing TXs off the bitcoin blockchain, repackaging them on sidechains / lightning, and then re-selling them onto the bitcoin blockchain. It doesn't work because people won't pay more money for a degraded blockchain experience when they could just use another blockchain. Demand elasticity spikes upward at the market fee rate, so no one chooses to use bitcoin/lightning/whatever once it is no longer profitable to do so. Economics have beaten blockstream, and Austin is slinking out to join another project.

Adam Back has no management skills whatsoever - leaving the engineering lead to head up an entire company will only bring down blockstream sooner.
" - jeanduluoz

If Adam is smart he should appoint /u/nullc as CEO

"and run as fast as possible." - the-goat-herder

I have no direct personal opinion. Outside of the fact that people that think blockstream isn't a heavy influence on Core are idiots.

"No one invests $72 million without a possible payday. Blockstream isn't a charitable Blockchain developer." - tothemoonbtc

[iFixBTCmemoryIssues]

Here is another graphic showing the relationships between Bitcoin companies and investors:

"download/file.php?id=601&mode=view" - todu

Rats have been said to be the first to sense an impending disaster, such as a sinking ship or a gas leak in a mine - so if rats are seen leaving

"it's a good idea to follow" - 1and1make5

He probably realizes sidechains and LN are a decade away if they are even remotely possible. Smart move,

"get out before your creditors turn into a lynch mob." - the-goat-herder

[iFixBTCmemoryIssues]

This explains Maxwell

"panic posting." - keepcalmson

and adam too

"before the frantic last days." - realistbtc

yesterday Gregory Maxwell threatened to sue me

"It seems as if they are increasingly worried that the public will see that the Blockstream management is incompetent and that their company is failing. And today they fire their CEO Austin Hill and replace him with Adam Back who is just an academic researcher with no CEO experience (that I'm aware of at least)." - todu

[iFixBTCmemoryIssues]

It's interesting for a company "dedicated" to Bitcoin

"the new CEO doesn't mention Bitcoin at all." - ricw

So according to Greg Maxwell

"they are now being run by a Dipshit." - Leithm

For those that don't know the reference..

"It’s just that a couple of well meaning dipshits went to China a few months back to learn and educate about the issues and managed to let themselves get locked in a room until 3-4 am until they would personally agree to propose some hardfork after segwit. - Greg Maxwell" - DeviousNes

[iFixBTCmemoryIssues]

Maybe Blockstream CEO Austin Hill was fired because of his scammer past? https://www.reddit.com/r/btc/comments/4 ... lls_first/

"Or maybe Blockstream is finally having to justify their $70 mil venture capital to investors and have ZILCH to show for it, and the CEO was the first to take a hit!" - Gobitcoin

a scam like blockstream

"needed a scammer with proven scamming capabilities" - realistbtc

Blockstream VC Spending checklist:

"DDoS attacks: Check

Paid Shills: Check

Paid Trolls: Check

Flights / Hotels for secret meetings: Check" - the-goat-herder

[iFixBTCmemoryIssues]

Jon Matonis: I like Adam Back, however hashcash is not used in the Bitcoin protocol.

"#TellTheTruth" - grabberfish

Claiming the work of others as your own, or minimizing the efforts of others to make your contributions seem larger than they really are

"is frowned upon in my world." - FyreMael

Adam Back, an important crypto and distributed systems researcher lost all credibility

"trying to claim he essentially invented bitcoin. " - no_face

[iFixBTCmemoryIssues]

Manipulating the truth

"as usual." - Gregonomics

Hashcash is proof-of-work applied to spam email.

"Bitcoin is an complex system that uses also proof of work in a completely different context. In addition to solving a host of computer science problems, notably the byzantine generals problem, it is a self-regulating monetary policy and product tool distributed in an open-source format.

Saying that bitcoin and hashcash are the same because they both use proof-of-work is like saying my stapler and the International Space Station are the same because they're both made from plastic components. While technically true, they are not comparable at all." - jeanduluoz

no one cared to look into it until it became a marketing point repeated over and over again to try and make Adam Back have the image of something he was not,

"i.e., an early contributor and core dev." - p2pecash