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Topic: Bitcoin is an altcoin - page 3. (Read 1878 times)

hero member
Activity: 1078
Merit: 514
June 29, 2017, 05:41:16 PM
#9
A hard fork will lead to many angry people however there is no way arround it
That's right. We can't do a thing with people who say whatever they want without getting the point. That's the internet and here there are tans of such people. I recommend you just to close your eyes on that problem and such kind of meanings.
hero member
Activity: 700
Merit: 500
June 29, 2017, 05:10:33 PM
#8
I must admit, all the people claiming this got me confused. I was wondering if there would actually be 2 different coins.
legendary
Activity: 1512
Merit: 1012
June 29, 2017, 05:06:51 PM
#7
This is what half the forum has been saying to the other half for the last few months. Unfortunately people forget that a Bitcoin Wiki exists... And rush saying that Bitcoin will become an alt or that this or that doesn't correspond to "Satoshi's vision, written on the paper".

Apparently hard forks for bug corrections aren't altcoins, but for development they are...
sr. member
Activity: 938
Merit: 276
June 29, 2017, 04:57:28 PM
#6
A hard fork will lead to many angry people however there is no way arround it
hero member
Activity: 2184
Merit: 531
June 29, 2017, 04:10:30 PM
#5
I also think that people who compare a fork to creating an altcoin don't know what they're talking about. Eventually we'll have to upgrade Bitcoin because it's a software and like any softwares gets outdated. 7 years have passed and we're already facing a huge problem with fees and confirmation time. In the next 10 years we're gonna need another update for sure.
sr. member
Activity: 325
Merit: 250
Carpe noctem
June 29, 2017, 04:05:36 PM
#4
Hard forks split Chains and therefore are considered dangerous for the stability of Bitcoin, that's why soft forks exist. We saw what happened when ETC hard forked (for all the wrong reasons) and it wouldn't be wise to make the same mistake with BTC. If we were in the pleasant position where we' have a 90~95% consensus hard forks would be considered safer but, Bitmain..  Lips sealed
hero member
Activity: 1106
Merit: 638
June 29, 2017, 03:50:11 PM
#3
Every time that there is a talk about hard fork etc, there is always someone who says "wow, they are creating a new altcoin".
We need to stop this meme.

Agreed! And these are also the people that think they can use ether to buy a coffee.

Bitcoin started off being referred to as "a Project"...when will we have graduated from the project phase to the production or official or accepted phase of this implementation?

Further, since Bitcoin is the original it can never be considered an alternate.

Definition of Alt Coin: http://www.investopedia.com/terms/a/altcoin.asp
hero member
Activity: 882
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
June 29, 2017, 03:44:13 PM
#2
Every time that there is a talk about hard fork etc, there is always someone who says "wow, they are creating a new altcoin".
We need to stop this meme.

Prohibited changes are listed here: https://en.bitcoin.it/wiki/Prohibited_changes

Other modifications are possibile, and they don't make "an altcoin".

An hard fork already happened in 2010 (https://en.bitcoin.it/wiki/Value_overflow_incident), so the "current" bitcoin is an altcoin? I don't think so.

I'm not defending any specific BIP etc..., it's just a general principle.
The title is kind click-bait since you’re claiming that Bitcoin is not an Altcoin right? Lol.

If the people involved with the whole Bitcoin Development Project makes a different coin that is from Bitcoin though is not Bitcoin then that is an altcoin.

Technically, Bitcoin is only in its Beta phase right now.
sr. member
Activity: 439
Merit: 252
Get Paid to Play your Media on Current
June 29, 2017, 02:01:08 PM
#1
Every time that there is a talk about hard fork etc, there is always someone who says "wow, they are creating a new altcoin".
We need to stop this meme.

Prohibited changes are listed here: https://en.bitcoin.it/wiki/Prohibited_changes

Other modifications are possibile, and they don't make "an altcoin".

An hard fork already happened in 2010 (https://en.bitcoin.it/wiki/Value_overflow_incident), so the "current" bitcoin is an altcoin? I don't think so.

I'm not defending any specific BIP etc..., it's just a general principle.
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