Eth has fallen its all time low. Never expected that eth will perform this much bad but cryptocurrecy is all about uncertainity.
tell your views why is ETH declined that much ?
Topic: BTC Hard fork is a good thing. ETH did very well. (Read 3116 times)
The answer is simple if you dont want any hardfork then there must be only one blockchain. The solutions are out there then let the choice be made what are we hesitating for?
The problem is that people are still deciding whether to pick BU or bitcoin core devs. Arguing and debating will not solve anything in the end when bitcoin scaling is getting worse day by day. After all this is all trial and error
The problem is that people are still deciding whether to pick BU or bitcoin core devs. Arguing and debating will not solve anything in the end when bitcoin scaling is getting worse day by day. After all this is all trial and error
I remember Lauda told me some months ago that there is nothing going to happen like hard fork in bitcoin's life.
You must be mistaken, I was probably referring to a specific hard fork and not all hard forks in general.I'm not an expert of bitcoin but look likes very necessary to do the fork.
if you are not an expert how do you know "it is necessary to fork"?!!Can anybody here create a easy to understand explanation to what this is all about? Cause it has become very confusing what is going on with Bitcoin Unlimited and it wanting to become an alt coin and ETH becoming it's own from starting as toting itself as a smart contract. 
You probably need not worry about it in that case. You could just read up about hard forks in general, which would be a decent starting point if you wanted to. sr. member
Activity: 378
Merit: 278
Bitcoin :open immutable decentralized global fair
ETH:
Mining centralization: Check.
Developer centralization: Check.
Capitalist centralization: Check.
Scalability issues: Check.
You can't directly compare a HF on a centralizedscam coin to a HF on a decentralized and immutable coin.
Mining centralization: Check.
Developer centralization: Check.
Capitalist centralization: Check.
Scalability issues: Check.
You can't directly compare a HF on a centralized
+1. Thank you @Lauda. OP, you can checkback in 5 years and see how things turned out.
Bitcoin's integrity has remained intact - fear mongerers have been aplenty in the past, are here today, and will come in the future and they will and have said 'Bitcoin is flawed, it is bugged, and action needs to be taken to change it relatively soon!' - wrong, wrong, wrong. Bitcoin has worked beautifully as the world's premier store of value/investment and again its integrity has remained intact.
Maybe some guys make some profit in the short term, but I think for the long term this would be something bad for Bitcoin. Things like this will define how users and investors will see Bitcoin in the future.
Can anybody here create a easy to understand explanation to what this is all about? Cause it has become very confusing what is going on with Bitcoin Unlimited and it wanting to become an alt coin and ETH becoming it's own from starting as toting itself as a smart contract.
A youtube video perhaps?
A youtube video perhaps?
I'm not an expert of bitcoin but look likes very necessary to do the fork.
if you are not an expert how do you know "it is necessary to fork"?!!
People are not moving to ETH and Dash because of bitcoin,people are investing in alt coins for a very long time and now these alts had a great push ,regarding the fork the core has to increase the block size to 2 mb to tackle the recent issue and then look for a better alternative at a later time and i do thing that is the best option in order to avoid any split.
Cheers!
How come BTC price drops? ETH price dropped before hardfork. Panic, FUD....
And what happened? ETH went from sub $10 to over $50, after the hardfork, and people got free ETC on top of that. Currently at $2 or a little less.
So pricewise, the hardfork was the best thing that ever happened to ETH. In fact if BTC splits into BTC and BTU, then that BTC may be worth $5000 and BTU maybe $200, a year from now.
Mind you, a hardfork means you get the same number of coins in both forks, so no matter which sides wins you are fine.
I remember Lauda told me some months ago that there is nothing going to happen like hard fork in bitcoin's life. To my mind that's ok because hard forks on ethereum caused that many people were upset about that and their trust went down as I understand from people's reply on this forum. That no hard forks makes bitcoin trustworthy.. How come BTC price drops? ETH price dropped before hardfork. Panic, FUD....
And what happened? ETH went from sub $10 to over $50, after the hardfork, and people got free ETC on top of that. Currently at $2 or a little less.
So pricewise, the hardfork was the best thing that ever happened to ETH. In fact if BTC splits into BTC and BTU, then that BTC may be worth $5000 and BTU maybe $200, a year from now.
Mind you, a hardfork means you get the same number of coins in both forks, so no matter which sides wins you are fine.
Don't be stupid don't fork the network, let it bleed to death if needed but don't shoot it in the head saying lets put it out of it's miseries, if bitcoin forks however we all should consider the responsible party as hostile and enemy of the network, a successful attack on bitcoin and discard their chain exit their pools and stand behind the Core to help the system to get back up.
Anyone doing a hard fork without %95 consensus is for sure the enemy remember that.
Anyone doing a hard fork without %95 consensus is for sure the enemy remember that.
The hard fork nearly killed ETH. It stayed at half the value it had last Spring for more than 6 months. It only recovered this month. Also, there was more support for the hard fork at ETH than there is now for BU. We sure can hope for the best, but a hard fork is a risky move.
I agree, ETH almost die when the hard fork happened, the price drop down so low and lose a lot of investor, ETH just lucky because previously before forking there are so many supporters and investors that is the reason ETH could survive, if there are no previous investor ETH will end up in a dead coin list, so forking is only for the last resort and it contain a huge risk
I'm not an expert of bitcoin but look likes very necessary to do the fork.
if you are not an expert how do you know "it is necessary to fork"?!! People are not moving to ETH and Dash because of bitcoin,people are investing in alt coins for a very long time and now these alts had a great push ,regarding the fork the core has to increase the block size to 2 mb to tackle the recent issue and then look for a better alternative at a later time and i do thing that is the best option in order to avoid any split. I'm not an expert of bitcoin but look likes very necessary to do the fork.
if you are not an expert how do you know "it is necessary to fork"?!!again my question remains unanswered.
and yeah right! pan to the left on those charts to see other times people "moved to ETH/Dash" and about 100 other altcoins. here is some help: https://coinmarketcap.com/ some of them were even worth 8.342BTC once (1 shitcoin unit = $5941.80)
I'm not an expert of bitcoin but look likes very necessary to do the fork.
if you are not an expert how do you know "it is necessary to fork"?!!again my question remains unanswered.
and yeah right! pan to the left on those charts to see other times people "moved to ETH/Dash" and about 100 other altcoins. here is some help: https://coinmarketcap.com/ some of them were even worth 8.342BTC once (1 shitcoin unit = $5941.80)
Mind you, a hardfork means you get the same number of coins in both forks, so no matter which sides wins you are fine.
Not only network and community support will be splitted between two coins, marketcap will also be splited which may cause massive price dump for bitcoin on starting days due to panic among bitcoin holders. But on long run BTU may die and bitcoin will grow stronger and we have already got sign from trading platform that they will keep using btc (core) as bitcoin chain rather than BTU. I'm not an expert of bitcoin but look likes very necessary to do the fork.
if you are not an expert how do you know "it is necessary to fork"?!!I'm not an expert of bitcoin but look likes very necessary to do the fork.
if you are not an expert how do you know "it is necessary to fork"?!!~ to buy some time for a proper decision,~
then i guess you haven't heard the word: https://bitcointalksearch.org/topic/1000-unconfirmed-transaction-spam-attack-has-practically-ended-for-2-days-1833761
https://www.youtube.com/watch?v=2WNrx2jq184
i think that is not the hard fork that is bad, what is bad is the possibility of chain to split in two chain with both chain have the same amount of coin and those coins can be dumped by anyone because they would have 2x the amount of coins, this si bad for any coin, will kill the value completely
But that is what happened to ETH: ETH split into ETH (new) and ETC, so people had 2x the coins.
ETC was dumped from around 5$ to 2$, while ETH went from 10$ to 50$. Both survived.
so BTC, if it splits into BTC (Segwit) and BTU, will be in a similar situation.
Let's face it: the money, the market cap, is not leaving Crypto. People who have large crypto assets will not leave crypto because BTC splits IMHO.
The only question is, which side will win? Just don't sell your BTC or your BTU and watch from the sidelines
With the previous experience in ETH/ETC split, resulting in duplicate amount and loss, I am sure the exchanges are all prepared for the potential BU hardfork.
For me, I will just hold tight to my coins and try not to initiate any transaction during the transition period... Who know? I might be 2x richer after the fork???
in a perfect world there would be a bugfix + 2MB blocks for Core, to buy some time for a proper decision, instead of this Segwit vs Bitcoin, Plague vs Cholera situation 
Guys, BU 44% of the support right now! https://blockchain.info/charts/bitcoin-unlimited-share
I'm not an expert of bitcoin but look likes very necessary to do the fork.
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