is a bitcoin mining machine worth it ? Yahoo Answers

Core/Blockstream are now in the Kübler-Ross "Bargaining" phase - talking about "compromise". Sorry, but markets don't do "compromise". Markets do COMPETITION. Markets do winner-takes-all. The whitepaper doesn't talk about "compromise" - it says that 51% of the hashpower determines WHAT IS BITCOIN.

They've finally entered the Kübler-Ross "bargaining" phase - now they're begging for some kind of "compromise".
But actually, markets aren't about compromise. Markets are about competition. Markets are about winner-takes-all.
And the Bitcoin whitepaper never mentions anything about "compromise".
It simply says that 51% of the hashpower determines what is Bitcoin.
And as we know - the best coin will win.
Which will probably be Bitcoin Unlimited with its market-based blocksizes - and not SegWit with its 1.7MB centrally planned blocksize based on a dangerous anyone-can-spend spaghetti-code soft-fork.
Let's review how this played out:
And lo and behold, Core/Blockstream's reliance on fiat funding and central planning and censorship has culminated in this pathetic piece of shit called SegWit, with the following worthless "features" that nobody even wants:
No wonder the only two miners who are supporting this pathetic piece of shit called SegWit are Blockstream's two buddies BitFury and BTCC - who are (surprise! surprise!) also funded by the same corrupt fiat-financed central bankers who fund Blockstream itself.
Market-based solutions from independent devs are better than censorship-based non-solutions from devs getting paid by central bankers
So eventually, a couple of market-based, non-fiat-funded dev teams produced Bitcoin Unlimited and Bitcoin Classic.
And (surprise! surprise!) these two market-based, non-fiat-funded dev teams produced much better technology and economics - based on the original principles of Satoshi's Bitcoin:
By listening to real people in the actual market, and by following Satoshi's principles as stated in the whitepaper, Bitcoin Unlimited has been able to (surprise! surprise!) offer what real people in the actual market actually want - which is currently:
FlexTrans is much better than SegWit
Also, these independent, non-fiat-financed devs developed Flexible Transactions, which is way better than SegWit.
Flexible Transactions can easily fix malleability and quadratic hashing - while also introducing a simple, easy-to-use, future-proof tag-based format similar to JSON or HTML permitting future upgrades without the need for a hard fork.
So Flexible Transactions provides the same things as SegWit - without the dangerous mess of SegWit's "anyone-can-spend" soft-fork hack - which Core/Blockstream tried to force on everyone - because they want to take away our right to vote via a hard fork - because they know that if we actually had a hard fork a/k/a full node referendum, everyone would vote against Core/Blockstream.
The market wants to decide the blocksize
So more and more of the smart, non-Blockstream-aligned miners, starting with ViaBTC and now including many others, have been adopting Bitcoin Unlimited - because they understand that:
  • Market-based blocksizes are the right, consensus-based mechanism to provide simple and safe on-chain scaling to solve the urgent problems of transaction delays and network congestion - now and in the future
  • Every increase in the blocksize roughly corresponds to the same increase squared in terms of price
  • ie 2x bigger blocks will lead to 4x higher price, 3x bigger blocks will correspond with 9x higher price, etc. - which means that bigger blocks will make everyone happy: more profits for miners, and no more high fees or transaction delays for users.
Now Core/Blockstream are starting to bitch and moan and beg about "compromise"
And actually, we couldn't answer "Sorry it's too late for compromise" even if we wanted to.
Because markets and economics and cryptocurrencies aren't about compromises.
Markets are about competition - they're about winner-takes-all.
Nakamoto Consensus is about 51% of the hashpower decides what the rules are.
Imagine if Yahoo Email were to suddenly start begging with Google Mail for "compromise". What would that even mean in the first place??
Yahoo wrote crappy email code - based on their crappy corporate culture - so the market abandoned their crappy (and buggy and insecure) email service.
Core/Blockstream is similar in some ways to Yahoo. They wrote crappy code - because they have a crappy "corporate culture" - because they accept millions of dollars in fiat from central bankers at places like AXA - and because they accept censorship on shit-forums like r\bitcoin - which is why they have no clue about the real needs of real people in the real market in the real world.
Censorship and fiat made Core/Blockstream fragile and out-of-touch
Core/Blockstream devs enjoy the "luxury" of being able to put their head in the sand and hide from the reality of the "shreaking" masses of actual people actually trying to use Bitcoin, because:
  • They get millions of dollars in fiat shoveled to them by central bankers,
  • They conduct their "debates" in the fantasy-land of the shit-forum r\bitcoin where all the important comments get deleted and all the intelligent posters got banned long ago - including quotes from Satoshi.
And then (surprise! surprise!) the following happened:
But in a decentralized, permissionless, open-source system like Bitcoin, there is not a single thing that CEO Adam Back u/adam3us and CTO Greg Maxwell u/nullc at their shitty little AXA-funded startup Blockstream or u/theymos and u/bashco on their shitty little censored forum r\bitcoin can do to stop Bitcoin Unlimited from taking over the network - because in open-source and in economics and in markets, the best code and the best cryptocurrency wins.
Everyone (except Core/Blockstream) predicted this would happen
So now - predictably - the Core/Blockstream devs and their low-information supporters are all running around saying "Nobody could have predicted this!"
But actually everyone has been shouting at the top of their lungs predicting this for years - including the most important old-time Bitcoin devs supporting on-chain scaling like Mike Hearn, Gavin Andresen and Jeff Garzik who were all "censored, hounded, DDoS'd, attacked, slandered & removed" - plus new-time devs like Peter Rizun u/Peter__R who provided major scaling innovations like XThin - by the vicious drooling toxic authoritarian goons involved with Core/Blockstream.
Everyone has been predicting the current delays and congestion and high fees for years, out here in the reality of the marketplace, in the reality of the uncensored forums - away from Core/Blockstream's centralized back-room closed-door fiat-funded censorship-supported PowerPoint presentations in Hong Kong and Silicon Valley, away from years and years of Core/Blockstream's all-talk-no-action scaling stalling conferences.
The Honey Badger of Bitcoin doesn't give a fuck about "compromise" and "censorship" and "central planning".
The Honey Badger of Bitcoin doesn't give a fuck about yet-another centrally planned blocksize (Now with 1.7MB! SegWit is scaling!TM) which some economically ignorant fiat-funded dev team happened to pull out of their ass and bundle into a radical and irresponsible spaghetti-code SegWit soft-fork.
Markets aren't about "compromise". Markets are about competition.
As u/ForkiusMaximus recently pointed out: The market couldn't even give a fuck if it wanted to - because markets and cryptocurrencies are not about the politics of "compromise" - they're about the economics of competition.
Markets are about decentralization, and they're about Nakamoto Consensus, where 51% of the hashpower decides the rules and everyone else either gets on the bandwagon or withers away watching their hashpower and coin price sink into oblivion.
So, anyone who even brings up the topic of "compromise" is simply showing that they have a fundamental misunderstanding of how markets work, and how Nakamoto Consensus works.
This actually isn't very surprising. Blockstream CEO Adam Back u/adam3us and Blockstream CTO Greg Maxwell u/nullc and all the rest of the so-called "Core devs" and all their low-information hangers-on like the economic idiot Blockstream founder Mark Friedenbach u/maaku7 have never really understood Bitcoin or markets.
And that's fine and normal. Plenty of individuals don't understand markets very well. But such people simply lose their own money - and they generally don't get put in charge of losing $20 billion of other people's money.
Markets don't need managers or central planners.
Markets run very well on their own - and they don't like central planning or censorship.
Now Core/Blockstream has finally entered the Kübler-Ross "bargaining" phase
So now some people at Core/Blockstream and some of their low-information supporters have have started bitching and moaning and whining about "compromise", as they sink into the Kübler-Ross "bargaining" phase - while their plans are all in shambles, and they've failed in their attempts to hijack our network and our currency.
Meanwhile, the Honey Badger of Bitcoin doesn't give a fuck about a bunch of central planners and censors whining about "compromise".
Bitcoin Unlimited just keeps stealing more and more hashpower away from Core - until the day comes when we decide to fork their ass into the garbage heap of shitty, failed alt-coins.
Fuck Blockstream/Core and the central bankers and censors they rode in on
We told them for years that they were only shooting themselves in the foot with their closed-door back-room fiat-financed wheeling and dealing and their massive censorship.
We told them they were only giving themselves enough rope to hang themselves with.
Now that it's actually happening, we couldn't say "it's too late for compromise" even if we wanted to - because there is no such thing as "compromise" in markets or cryptocurrencies.
Markets are all about competition
And Bitcoin is all about 51% of the hashpower.
  • Bitcoin Core decided to bet on hard-coded centrally planned 1.7MB blocksize based on a a shitty spaghetti-code soft-fork. That's their choice. They made their bed now let them lie in it.
  • Meanwhile, Bitcoin Unlimited decided to bet on market-based blocksizes. And that's the market's choice. Bitcoin Unlimited listened to the market - and (suprise! surprise!) that's why more and more hashpower is now mining Bitcoin Unlimited blocks.
Ladies and Gentlemen, start your engines Bitcoin Unlimited nodes.
And may the best coin win.
submitted by ydtm to btc [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, Bitcoin.com, 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 bitcoin.com 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. BTC.top current hashrate: ~100 Ph/s (71 points, 5 comments)
    7. Throwback Thursday: BTC.top 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 bitcoin.com 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 bitcoin.com 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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worldnews Have more famous people died in 2016? - BBC News BBC
todayilearned TIL that in 2014 the United States saw almost 40% more deaths from opioid overdoses than from car accidents. United
videos LAZY UPS DRIVER CAUGHT IN A LIE UPS
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Showerthoughts In general, I've found azlyrics.com to be more accurate when I want lyrics than the Google Play lyrics Google
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AskReddit What are the best phone VR games/Apps for something like Gear VR or Google Cardboard? Google
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videos Duck and Cover: A social guidance film produced in 1951 by the United States Defense Branch shortly after the Soviet Union began nuclear testing. United
Jokes The love affair between Carrie Fischer & Harrison Ford is over.... Ford
funny Popped up on Facebook earlier.... Facebook
science Amazing science stories from 2016 - BBC News BBC
worldnews Orwellian: Germany Considers Fining Facebook $522,000 Per Fake News Item Facebook
todayilearned TIL There were 14 "presidents" prior to George Washington's presidency. It was mainly a ceremonial position, with its primary role being a moderator during debates in Congress. It had no relation to the office of President of the United States. United
AskReddit What do you mostly use Twitter for? Twitter
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Showerthoughts When you realize that most celebrities are more scared that MTV will expose them rather than the FBI MTV
aww I see your Lego cat and raise you mine! Lego
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aww I see your Lego cat and raise you mine! Lego
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funny My son could only find this cactus my wife wanted for her birthday on eBay where the seller promised a detailed manual with care instructions. This is what we got. Now to see if it blooms this spring as promised... eBay
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videos The Truth About the McDonald's Coffee Lawsuit McDonald's
personalfinance I've saved up £11,000 in the United Kingdom United
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videos Corey Feldman's 1976 McDonald's Christmas Commercial McDonald's
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funny The New Apple Macbook Pro Will Have An All New Redesigned "Keyboard" Apple
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worldnews Delta to cancel order for 18 Boeing 787 Dreamliner aircraft Boeing
gaming Is anyone else having issues connecting with xbox live on forza horizon 1 on the Xbox one? Multiplayer and the design marketplace work fine on my 360, but it won't connect on my Xbox one. Xbox
space China is going to beat the United States back to the Moon United
todayilearned TIL that a guy named Birdseye invented a technique to freeze food in 1923. His new company went bankrupt, but determined, he improved his process, and got 2 more patents! In 1927, he sold his company to Goldman Sachs for $22 million! Goldman Sachs
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AskReddit Which popular Youtube channel makes amazing content? Youtube
videos The world's biggest lemon battery - Royal Institution Christmas Lectures 2016: BBC Four BBC
AskReddit SeriousRedditors,why you keep coming back to Facebook when you know there's nothing? Facebook
WritingPrompts WP On the morning of January 1, 2017; the entirety of the United States of America is transported back in time to January 1, 1500. United
videos How To Masturbate Funny Yahoo Questions Yahoo
funny How To Masturbate Funny Yahoo Questions Yahoo
explainlikeimfive ELI5: Why does using Google DNS unblock blocked porn? Google
AskReddit When Nike says " Just do it" What exactly do you do? Nike
worldnews ‘Fake news’ link to 2015 bombing activates Facebook safety check for Thailand Facebook
worldnews South Korea fines Qualcomm $854 mln for violating competition laws Qualcomm
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Jokes So Mike Tyson came to dinner. Tyson
AskReddit How do you make Xfinity X1 even better? Xfinity
pics Cat on a cold tiled roof - BBC News BBC
worldnews What lies in store for the world in 2017? - BBC News BBC
worldnews Bangladesh factories sack 1,500 after garment worker protests - BBC News BBC
dataisbeautiful The Most and Least Dangerous Counties in the United States OC United
explainlikeimfive ELI5: That Weird Apple Christmas Commercial's Meaning/Point. Apple
OldSchoolCool Carrie Fisher with Harrison Ford 1970s Ford
funny 2016 Victoria's Secret Show Victoria's Secret
science Anticholinergic medications, a class of drugs very commonly used by older adults, are linked to an increased rate of emergency department and hospital utilization in the United States United
worldnews 'Middle age health crisis' warning - BBC News BBC
explainlikeimfive ELI5: Why is Google translate and others so bad at translating? Google
gaming Love that the screws inside the PS4 have the Sony PS symbols on them. Sony
todayilearned TIL Henry Ford pursued the gasoline-powered automobile after receiving encouragement from his employer and boyhood idol, Thomas Edison. Ford
todayilearned TIL back in 1999 the United Nations proposed a global tax on every email sent United
movies Brendan Fraser is trending up on Google with all the Reddit commotion link to graph Google
AskReddit What pupular Youtube channel makes absolute shit content? Youtube
pics Jalousie slums in Pétionville, in the suburbs of Port au Prince, Haiti Photo by Yann-Arthus Bertrand au
AskReddit Reddit, what would Apple name their VR headset? Apple
videos Roman Reigns vs. Kevin Owens – United States Championship Match United
worldnews Dutch IVF centre probes suspected sperm mix-up - BBC News BBC
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gaming My first ever experience with VR PSVR: Playstation VR Worlds: Ocean Descent Playstation
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gifs Seeing celebrity names on the Facebook "Trending" panel got me like... Facebook
worldnews Syria conflict: Turkey and Russia 'agree ceasefire plan' - BBC News BBC
videos The Most Furious Police Chase 2016- Police pursuit of a drug dealer in a truck Chase
gaming Best Gaming Deals Of The Week: Xbox One, PS4, PC Xbox
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mildlyinteresting Apparently Pepsi learned nothing from the McDonald's lawsuit. Sorry for potato pic McDonald's
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videos [“Everywhere" AT&T Commercial. Features numerous pop culture references including Seinfeld, GoT, Back To The Future, Ghostbusters and tons more.](https://www.reddit.com/videos/comments/5kq08x/everywhere_att_commercial_features_numerous_pop/)
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AskReddit Which popular Youtube channel makes awful content? Youtube
Futurology The rise of the robots? - BBC News BBC
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AskReddit Which Youtube Channels with under 15k subs do you regularly watch? Youtube
Futurology The New Cas9? Scientists Discover CasX and CasY Enzymes in Bacteria Discover
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worldnews Israel postpones vote on new Jerusalem settlement homes - BBC News BBC
AskReddit Serious What are the Xbox Achievements for a modern life? Xbox
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todayilearned TIL The record for most passengers ever carried by a commercial airliner is 1,088, by an El Al Boeing 747 during Operation Solomon, which involved the evacuation of Ethiopian Jews from Addis Ababa, Ethiopia, and started on 24 May 1991. This figure included two babies born on the flight. Boeing
AskReddit Which is better, the Xbox or the PlayStation? Xbox
worldnews Trump tells Israel 'to stay strong' - BBC News BBC
videos Guy explains why KFC has lost its way, and how to regain its former glory KFC
pics Wow, this is worthy of printing and placing over my bed. Thanks Google Photos Google
explainlikeimfive ELI5: Does the Amazon Echo or Google Home actually record everything it hears? Google
funny This defaced McDonald's drive thru sign. McDonald's
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gaming Got my first Xbox and HDTV. Both secondhand and older, but for me they are perfect! Bring on the sleepless nights! Xbox
AskReddit What is baddest thing you did on Facebook that you regret the most? Facebook
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food Food for Space Travelers - NASA on the development of Astronaut Cuisine MISC Travelers
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todayilearned TIL that the United States, which are 50.8% female, has not had a female president for 227 years United
AskReddit Why is Target so popular with Women? Target
personalfinance Question regarding max contributions for Vanguard Target Retirement Fund. Target
television Hulu announces multi-year licensing deal with Walt Disney Studios to bring more than 50 films to the streaming service Walt Disney
worldnews A fake news story on Facebook turned a legitimate safety alert in Bangkok into a bomb scare Facebook
dataisbeautiful Drug use and Crime Stats - Netherlands Compared With The United States United
space Food for Space Travelers - NASA on the Development of Astronaut Cuisine Travelers
pics Reddit was here. Found last night at my local Target store. Target
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worldnews Berlin truck attack: Tunisian 'linked to Anis Amri' held - BBC News BBC
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Art Fantasy Ford Model Ts, 3D, Medium Ford
Documentaries Crash and Live 1956 - The Safety Features of Ford Motor Company Cars in the 1950's Ford
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Futurology Murder detectives sought Amazon Echo data - BBC News BBC
TwoXChromosomes Most Low-Wage Workers in the United States Are Women, Study Finds United
worldnews Argentina: Protesters stone President Macri's car - BBC News BBC
Showerthoughts The BBC should dedicate an episode of Planet Earth to urban wildlife. BBC
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worldnews Dylann Roof: Charleston shooter won't offer evidence to spare life - BBC News BBC
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worldnews Nigeria's Sultan of Sokoto rejects gender equality bill - BBC News BBC
todayilearned TIL Gatorade was named after the University of Florida's college football team - the Gators Gatorade
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worldnews Kerry defends US decision not to veto UN condemnation of Israeli settlements. “I am compelled to respond today that the United States did in fact vote in accordance with our values,” Kerry said of UN security council resolution United
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gaming I found a Refurbished Wii U on eBay for $35 and the seller has a 100% Positive Feedback, do you think it's legit? Should I buy it? eBay
funny After watching Oliver Stone's Untold History of the United States in Netflix. United
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news 'You Don'€™t Deserve to Have a Son’: Pennsylvania Mom Posted Suicide Note on Facebook Before Killing Baby, Herself Facebook
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todayilearned TIL that between 1940 and 1996, more than 11% of the total United States federal budget was spent on nuclear weapons. United
pics "Quiet Companions": A Man and his horse during a desert sunrise in Sharjah, United Arab Emirates United
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dataisbeautiful The Most and Least Dangerous Counties in the United States United
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