Topic: Bitcoin stalement explained infographic (Read 304 times)

I think some of you supporting BU have the best intentions but you fail to understand how BTC derives it's value, as I wrote previously...
 

The market price of BTC has tanked with BU as is entirely logical. BTC is an immutable digital gold. Since inception there have been faster, better more private competitors and yet BTC has continued to reign and grow, this is because BTC's value is not derived from being the best technical solution which BU may be but like gold, its immutability and slow, cautious measured approaches to change make it the reliable sturdy digital sound money which can back a fast growing innovative economy and ecosystem full of the risks and opportunities that entails.

Everything about BTU, size of change, new team, bug found, unfavoured by BTC businesses (large survey) & market (price reaction) & not supported existing Dev team and it is being forced through is all anathema to what gives BTC value.

BTU will just be an altcoin that is slightly better than but not BTC and there are already a 100 altcoins that are better than BTU so it is worthless but has the power to kill BTC in the process.

In case this was not clear to technically minded people who often have the best intentions & are purely evaluating what is a better or worse technical solution or the miners who would naturally look to maximise income. The market has a feedback mechanism.. the price... and it will speak loud and clear when you make a mistake. We just hope the parties involved are willing to listen.

Since writing that it looks like the miners are listening, Segwit blocks are rising and BU declining. The market is speaking in approval and BTC is rising as expected.

When are you going to actually learn what is really going on?

https://bitcointalksearch.org/topic/m.18339801


You continuing arguing about interpretations which are irrelevant.