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Topic: Bitcoin doubler... - page 2. (Read 3538 times)

full member
Activity: 378
Merit: 100
July 16, 2017, 06:18:45 AM
#57
this will be way worse than the ETH drama split.. just get your FIAT ready and buy the super cheap bitcoins, and wait for 6 months, and bam you are wealthy  Grin
no doubt bitcoin is a supper currency it can make you rich in a very short time, when you start using bitcoin you will be able to know how to invest and how to start a good business in bitcoin so if you buy some bitcoins and then hold your bitcoin for the long time you will get a good profit but you will have to keep an eagle eye on the pump and dump of the bitcoin market prices.
that's is the way to invest many way into doubling way and places
sr. member
Activity: 658
Merit: 260
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July 16, 2017, 06:00:10 AM
#56
No question about it. Don't trust the bitcoin doubler system though someone tells me about it in true way or whether they show me its proof. I have bad experience with them. I would better sell myself to earn money. Lols.


hero member
Activity: 2408
Merit: 584
July 16, 2017, 05:13:37 AM
#55
this will be way worse than the ETH drama split.. just get your FIAT ready and buy the super cheap bitcoins, and wait for 6 months, and bam you are wealthy  Grin
no doubt bitcoin is a supper currency it can make you rich in a very short time, when you start using bitcoin you will be able to know how to invest and how to start a good business in bitcoin so if you buy some bitcoins and then hold your bitcoin for the long time you will get a good profit but you will have to keep an eagle eye on the pump and dump of the bitcoin market prices.
sr. member
Activity: 602
Merit: 251
I am a professional Web Designer and Developer
July 16, 2017, 04:42:34 AM
#54
I have voted on "I have mixed feelings". Because I don't know what is the Bitcoin Doubler? If you explain it more that will be very helpful for me to understand.
legendary
Activity: 2142
Merit: 1010
Newbie
July 16, 2017, 04:07:38 AM
#53
Ok, let break this myth to pieces again. If you have 10 BTC and you get 10 BTC on alternative BTC2 chain secured by 4% of miners which could fork or get attacked any moment, what would u do with those BTC2 chain coins? You d dump them as soon as possible. What happens with the price when faced with instability, attacks and dumping?

Where is profitability there?

Attack success chance is a function of the number of confirmations you wait, this is why I mentioned 25 confirmations upthread. Do you think the other 96% of the miners stop mining just to revert 25 blocks of the weaker chain?
hero member
Activity: 966
Merit: 515
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July 16, 2017, 03:50:52 AM
#52
...will be launched on the 1st of August. Are you happy with this?
Here is am happy and sad both , because I am.facing many types of the fears  but not terrible .
Here the with news of the launching of segqit2x results into down the price of the btc and made my earnings down .
And also due to fear ,I have just stopped my trading at every exchange , because I am thinking that may be any
Problem may be arise , so I have just stopped to avoid himself from every type of the problems .
But beside these I am happy because Here we get option to choose another better altcoin like the Bitcoin .
Overall we will.have option to have another btc to make earnings .
So total I am not happy and not sad , and hoping that everything should go good without any problem .
legendary
Activity: 1652
Merit: 1007
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July 16, 2017, 03:34:16 AM
#51
Well, not really.

Cause miners will not be mining an unprofitable coin.

Why all SHA256 mine Bitcoin and not Tigercoin for example? Cause Tigercoin s an alt and it s worth next to nothing. So all miners will switch to the chain which is actually Bitcoin.

It's unknown if one of the chains will become unprofitable.

Ok, let break this myth to pieces again. If you have 10 BTC and you get 10 BTC on alternative BTC2 chain secured by 4% of miners which could fork or get attacked any moment, what would u do with those BTC2 chain coins? You d dump them as soon as possible. What happens with the price when faced with instability, attacks and dumping?

Where is profitability there?
legendary
Activity: 2142
Merit: 1010
Newbie
July 16, 2017, 03:32:10 AM
#50
Well, not really.

Cause miners will not be mining an unprofitable coin.

Why all SHA256 mine Bitcoin and not Tigercoin for example? Cause Tigercoin s an alt and it s worth next to nothing. So all miners will switch to the chain which is actually Bitcoin.

It's unknown if one of the chains will become unprofitable.
legendary
Activity: 1652
Merit: 1007
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July 16, 2017, 03:30:31 AM
#49
It s very simple, the network does not move without miners.

We'll have 4% of the miners.

Well, not really.

Cause miners will not be mining an unprofitable coin.

Why all SHA256 miners mine Bitcoin and not Tigercoin for example? Cause Tigercoin s an alt and it s worth next to nothing. So all miners will switch to the chain which is actually Bitcoin.
What happened with ETH cannot be repeated cause ETH did not have 95% of the miners swinging one side.

All this is just speculation IMHO and those who ll lose re noobs and weakhands panic selling their coins. It will set back the entire crypto community as well since nobody profits from instability but speculators.
legendary
Activity: 2142
Merit: 1010
Newbie
July 16, 2017, 03:26:53 AM
#48
It s very simple, the network does not move without miners.

We'll have 4% of the miners.
legendary
Activity: 1652
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July 16, 2017, 03:10:29 AM
#47
Really. Who s gonna "fuel" the 4% chain? Who s gonna protect it from double spending and forks? Do you even know how blockchain technology works? Do you know anything about longer and shorter chains?

I read about that in Wiki, to my understanding it will look this way:

Users will be sending transactions on the both chains. Weaker one will be mining blocks with longer intervals until difficulty adjustement makes it easier. In the meanwhile the users will be accepting transactions with more than 6 confirmations, for example, 25.

It s very simple, the network does not move without miners. Without miners, there re no confirmed transactions. If there s one chain with 95% of the hashrate and miners, this will be a Bitcoin and this one will retain the price. The other chain will not have sufficient number of miners to protect and move the chain, it will be prone to attacks and forks. Plus it will be clear that s just an alt Bitcoin, which means users will dump that coin big time to oblivion. Nobody ll have an incentive to use it or mine it. Plus it will be a shorter chain.

All in all, it will not survive as a viable BTC competition. That s why all those hoping to see a second Bitcoin are wrong.

Not to mention by SegWit2x lock period, which ll take place next Friday, I expect miner support to go over 95%. Cause the alternative is simply stupid to them.
For us, users, it might even be viable. For miners, it s very, very stupid not to support SegWit2x if everyone else does.
legendary
Activity: 2142
Merit: 1010
Newbie
July 16, 2017, 03:05:24 AM
#46
Really. Who s gonna "fuel" the 4% chain? Who s gonna protect it from double spending and forks? Do you even know how blockchain technology works? Do you know anything about longer and shorter chains?

I read about that in Wiki, to my understanding it will look this way:

Users will be sending transactions on the both chains. Weaker one will be mining blocks with longer intervals until difficulty adjustement makes it easier. In the meanwhile the users will be accepting transactions with more than 6 confirmations, for example, 25.
legendary
Activity: 1652
Merit: 1007
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July 16, 2017, 02:38:40 AM
#45
You have not answered my question, if 95% of miners signal SegWit2x, how would fork take place?

There has to be some form of decision making in BTC community, miners have invested millions into their gear, they relay transactions and secure the network. They have a lot to lose if BTC gets destroyed.
Who else should have a decision making rights? An average Joe holding 0.2 BTC?Huh How would this work?

Users will be using the both chains, they have monetary incentive to do that.

Really. Who s gonna "fuel" the 4% chain? Who s gonna protect it from double spending and forks? Do you even know how blockchain technology works? Do you know anything about longer and shorter chains?

Unless situation changes and miners split on this decision, THERE WILL BE NO SUSTAINABLE FORK. At least no fork which ll exist more then 2 weeks. Not to mention what ll happen to UASF nodes and forked coin once community understand this chain will not survive. It ll get dumped to oblivion.

Yet, people still do not understand that. I guess every education need to get paid. I dont mind you selling BTC, I m just sorry you ll be very, very upset once you understand you sold your coins, fork did not happen and the price skyrocket back.

The stock market is a device for transferring money from the impatient to the patient. – Warren Buffett

SegWit2x support is currently at 87.7% and growing day by day. This is the single almost unanimous support we ve ever had in BTC.

https://coin.dance/blocks

legendary
Activity: 4522
Merit: 3426
July 16, 2017, 02:37:39 AM
#44
You have not answered my question, if 95% of miners signal SegWit2x, how would fork take place?

Since UASF nodes reject blocks not signaling segwit, they will fork on the first block not signaling segwit starting August 1st. If 95% of blocks signal segwit, then 1 out of 20 do not. UASF nodes will fork on August 1 unless there is some rule I am not aware of.
member
Activity: 84
Merit: 10
July 16, 2017, 02:32:43 AM
#43
Hi

...will be launched on the 1st of August. Are you happy with this?

as you know people every where afraid  for trying something  new but i'm Not wary about that  ........cheer
legendary
Activity: 2142
Merit: 1010
Newbie
July 16, 2017, 02:29:45 AM
#42
You have not answered my question, if 95% of miners signal SegWit2x, how would fork take place?

There has to be some form of decision making in BTC community, miners have invested millions into their gear, they relay transactions and secure the network. They have a lot to lose if BTC gets destroyed.
Who else should have a decision making rights? An average Joe holding 0.2 BTC?Huh How would this work?

Users will be using the both chains, they have monetary incentive to do that.
hero member
Activity: 2730
Merit: 632
July 16, 2017, 02:28:11 AM
#41
...will be launched on the 1st of August. Are you happy with this?
Its not actually doubler but a dupe or cloning. I have a mixed feelings on this one which i dont really know on what i gonna supposed to do since i do have some bitcoins on my cold wallet if that August 1 event would split those bitcoins then it would be .5 .5 would happen to my bitcoin? Im not really too familiar on this split thats why im somehow excited for this event to come and now we are already seeing bitcoins price is slowly or gradually decreasing overtime which i really dont like to see it that way.
legendary
Activity: 1652
Merit: 1007
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July 16, 2017, 02:24:05 AM
#40
I really do not understand why do you spread lies and FUD. ATM, SegWit2x support s almost 90% and even more miners ll join in the next few days. So at 95% support, for example, HOW THE FUCK WILL BTC FORK?

You people need to read a bit before you spread FUD on the forum. Unless this is intentional FUD.

I was about to offer you a bet but then recalled that it's unclear if I'll be able to send you bitcoins on the chain you prefer... Do you know what economic majority is and how it differs from the miners who care only about (short-term) profits?

You have not answered my question, if 95% of miners signal SegWit2x, how would fork take place?

There has to be some form of decision making in BTC community, miners have invested millions into their gear, they relay transactions and secure the network. They have a lot to lose if BTC gets destroyed.
Who else should have a decision making rights? An average Joe holding 0.2 BTC?Huh How would this work?
legendary
Activity: 2142
Merit: 1010
Newbie
July 16, 2017, 02:14:51 AM
#39
I really do not understand why do you spread lies and FUD. ATM, SegWit2x support s almost 90% and even more miners ll join in the next few days. So at 95% support, for example, HOW THE FUCK WILL BTC FORK?

You people need to read a bit before you spread FUD on the forum. Unless this is intentional FUD.

I was about to offer you a bet but then recalled that it's unclear if I'll be able to send you bitcoins on the chain you prefer... Do you know what economic majority is and how it differs from the miners who care only about (short-term) profits?
legendary
Activity: 1652
Merit: 1007
DMD Diamond Making Money 4+ years! Join us!
July 16, 2017, 01:49:01 AM
#38
I really do not understand why do you spread lies and FUD. ATM, SegWit2x support s almost 90% and even more miners ll join in the next few days. So at 95% support, for example, HOW THE FUCK WILL BTC FORK?

You people need to read a bit before you spread FUD on the forum. Unless this is intentional FUD.
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