Topic: BTC Hard fork is a good thing. ETH did very well. - page 2. (Read 3132 times)

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 

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

There wont be any split in the bitcoin community as BU is dreaming to take over the bitcoin platform with a crappy coded software and its true potential is exposed many times and even if they fork it will be considered as an alt coin and it might not have any value and will be discarded ,the OP really thinks that if there is a split he will be holding BU with a valuation of $200 per coin which is a good dream and it wont be the case and really i do not want to see a split in the block chain but would like to see a fork which is done carefully by the core team to combat the transaction issue.

in my opinion bitcoin Hard fork will  let the prices dump, but i don't know what will happen if we have such as BTU ...

when bitcon Hard fork which coin i should choose.

No, that is not a good thing ! This is making a permanent split into the Bitcoin community, and if there is no clear victor that we can call Bitcoin and a clear loser we can call altcoin, this will be the end of Bitcoin as we know it today. That would be a permanent breach that we do not know the consequences it could have.

you are missing a very big point.
that point being the main purpose or usage of ethereum. and that is nothing other than being traded and give you profit. literary nothing else.

answer me these:
do you use ETH as a currency? do you even know anyone who does?
do you use it for smart contracts and do you even know any proper one out there that is being used?
is there even any real business out there that uses or considers using ETH for any real purpose?

funny isn't it? bitcoin is being traded and for many it is only for profit and making more money but on top of that it is actually being used as a currency. there are businesses small (like a food truck) or huge like Valve corp. as a means for payment. or thousands of transactions daily that are for buying or paying for something online every day.
none of these would like a split because they are not using it as an investment to stupidly want their holdings double.

and also you are foolishly forgetting another big factor. and that is the way ethereum whales controlled the price. go look for their topics, when ETH price was getting dumped real hard there were huge buy walls placed on poloniex and smaller ones in other exchanges that you can not even fathom the number of USD in the buy orders they threw at ethereum to keep the price up and prevent the crash.
go watch the orderbook next time Ethereum is being dumped lower than whales care for it to be dumped and you realize how much money they hold.

Wrong; they are quite different in BTC. Some exist, others don't (e.g. 'developer centralization'). There is no "distance-to-vitalik" parameter in Bitcoin for bailing out entities.

ETH was built by people who love banks for people who love banks. They don't give a damn about decentralization. They should be ashamed of themselves.

Nobody in the real world uses ETH anyways; it's a corporate & speculative platform. They can't be compared.

Hard fork doesn't necessarily mean that it will cause some spikes in value thereafter, and to imply that ETH is the same as BTc is a big no-no. Perhaps we can say that the ETH guys are just dedicated investors or whatnot that's why the price went soaring after their hard fork gloom, but in bitcoin's case, it's more than just a hard fork.

Yes - and you stop a hostile take over with a poison pill.. https://bitcointalksearch.org/topic/defensive-nuclear-weapon-armageddon-avoidance-proof-of-coinbase-poison-pill-1833046

Thats the truth.  This debate over blocksize is turning into nothing more than a hostile takeover attempt.

It's obvious they don't want blocksize increase, they want to control bitcoin

no no no - not a good thing - vitalik needs to stop talking

Everyone pushing for a hard fork in bitcoin is risking all of our money.  Segwit gives them (BU) the increased block size that they want while protecting the network sovereignty. 

Eth capitalization was $100 000, 70% of coins in one hands, and it's price is easy manipulated. We can't compare vitaliumcoin with Bitcoin.
This is what Ver and Jihan wants, to control Bitcoin as Buterin controls vitaliumcoin. But appears they end up with altcoin BTU  

What do you think about this? https://twitter.com/bitfinex/status/843226656940679170
Bitfinex has got his answer. This is happening.

I never said ETH value shot up BECAUSE of the hardfork. I am saying, the hardfork had no negative impact, not in the long run. I believe that after the hardfork, there could be quite a relief rally (not sure which chain .... people can then put their money where their mouth is hehehehe) 

I see.

All the above is true for BTC as well. Talking about immutability, ETC is immutable and is now worth 5% of ETH.

We bitcoiners should not critizise the scalability issue of other coins, not really...try an ETH and a BTC transfer and see which one is faster 

ethereum is wired to handle a hard fork in a much more efficient way than bitcoin.

when you include how much more homogeneous their community is compared to bitcoin, even if it did splinter, it becomes an almost pointless comparison.

precisely, it is true that is what happens whoever will win us the benefit, but for those who panic with their hardfork then that's what the losses, because later we will get coins BTU, such as the number of stocks BTC us in the wallet when it but if now is already sold-out, what we receive from this hardfork agenda, bite the finger that is what we experience when it comes to participating panic selling

The best should keep only one BTC network, and not make a split. This week is like a war on Twitter and many articles discuss the scaling debate. I think the first step should implement Segwit, and then let see what happen.