Coindesk: If hardfork with BTU, major exchanges will list it as an Alt Coin - page 2.

Miz4r

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Quote from: aardvark15 on April 07, 2017, 08:29:47 PM

My understanding is that if there is a hard fork, both coins will exist but over time one will most likely drop to zero. So if BTC were the loser, then BTU couldn't really be called an altcoin at that point, correct?

I don't think one will drop to zero, it is likely both will continue to exist like ETH and ETC both still do. If BTU somehow becomes the higher valued coin and manages not to crash due to a bug then I'd personally still see it as an altcoin, just an altcoin that managed to pass Bitcoin in value. It is also possible both BTC and BTU will become worth less than some other altcoin like Ethereum, which is not an unlikely outcome at all in my opinion.

aardvark15

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My understanding is that if there is a hard fork, both coins will exist but over time one will most likely drop to zero. So if BTC were the loser, then BTU couldn't really be called an altcoin at that point, correct?

Seansky

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Quote from: JohnUser on April 06, 2017, 11:17:52 PM

Quote from: york780 on March 19, 2017, 05:51:15 PM

Nice, i would buy BU coin for sure Roll Eyes

Maybe i should buy Onecoin also Wink

. Do you guys still think if that huge scam is still avaliable? I dont see it anywhere on coinmarketcap.

Laurent Leloup wrote a book about blockchain, best sell on amazon.fr : in his book he say Onecoin is the best crypto ever... So he sell his book and his scam coin in the same time.

Hahaha that was one heck of a strategy to sell his scam coin, making a book to sell it is one unique strategy to begin with. I really do hope that those supporting BU have woken up to the reality that it is yet another altcoin and not bitcoin itself and that it is yet another scam coin which wasn't a real currency in the first place. I fell bad for them but I know some of them have made money using BTU so lucky for those who did.

JohnUser

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Quote from: york780 on March 19, 2017, 05:51:15 PM

Nice, i would buy BU coin for sure Roll Eyes

Maybe i should buy Onecoin also Wink

. Do you guys still think if that huge scam is still avaliable? I dont see it anywhere on coinmarketcap.

Laurent Leloup wrote a book about blockchain, best sell on amazon.fr : in his book he say Onecoin is the best crypto ever... So he sell his book and his scam coin in the same time.

seradj0

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the most important thing now is that bitcoin don't split in two coin

anakinisme

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Founder Of miningpuppets

I am so confuse with the current situation..

European Central Bank

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Quote from: york780 on March 19, 2017, 05:51:15 PM

Do you guys still think if that huge scam is still avaliable? I dont see it anywhere on coinmarketcap.

it's never, ever been on there. you need a real blockchain to be listed on there.

york780

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Nice, i would buy BU coin for sure Roll Eyes

Maybe i should buy Onecoin also Wink

. Do you guys still think if that huge scam is still avaliable? I dont see it anywhere on coinmarketcap.

iamnotback

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Quote from: FiendCoin on March 19, 2017, 05:19:27 PM

If a fork, its more likely neither gives up and we have multiple chains as a result.

Ah come on. Who here won't be selling BTU to get more BTC? You'd have to be a technological fool to hang on to BTU:

Quote from: iamnotback on March 19, 2017, 05:19:41 PM

@miscreanity, even if your $988 is violated and we move lower, it could still be an accurate channel if we view BTU+BTC as a combined price. We may end up getting BTU for free which we can trade for BTC. However, it appears BTU is not going to add the necessary replay attack prevention in order to get listed on the exchanges. BTU appears to understand that their coin will be sold off as an inferior altcoin if they add replay attack prevention. Seems like they are already admitting defeat and acting desperate maniacal now.

Although nobody likes the current problem with the 1MB blocks, an unlimited blocksize is not a viable technological solution. Sorry but incompetents aren't going to be trusted to lead Bitcoin. Roger Ver and Julian Wu are not competent enough to pull off what they attempted.

European Central Bank

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Quote from: FiendCoin on March 19, 2017, 05:19:27 PM

If a fork, its more likely neither gives up and we have multiple chains as a result. Bitcoin's price will suffer and it will probably take years to straighten itself out. ETH is not a good example that people keep using. It was newer, smaller, and less known. The reason for their split was different as well. Apples and oranges.

there's more money on the line and the miners will be more desperate to keep profiting so people will flock to the chain making the most money. of course there'll be holdouts but they'll be left in the dust. maybe that'll be the real bitcoin classic.

even if it's the chain people don't want, they'll follow the profit as long as everyone else is too.

FiendCoin

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The devil is in the detail.

Quote from: European Central Bank on March 19, 2017, 05:03:47 PM

Quote from: bohr on March 19, 2017, 03:04:13 PM

but you can rest assured that there is going to be a battle for the name bitcoin since branding sis so important nowadays.

i think it'll be pretty straightforward. if one chain dwindles to 20% or less then it's over and the victor will be bitcoin to everyone who uses it.

maybe there'll be some patent, copyright or trademark trolling from the loser. no one's gonna care.

If a fork, its more likely neither gives up and we have multiple chains as a result. Bitcoin's price will suffer and it will probably take years to straighten itself out. ETH is not a good example that people keep using. It was newer, smaller, and less known. The reason for their split was different as well. Apples and oranges.

springgers

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This is very confusing for many to see a blockchain alternative becoming an alternate coin to trade with? Angry

What is this all about now?
I can see the closest challenger to this would be ETH but they are their own calling themselves smart contracts and nothing about being a viable replacement for the current blockchain.

European Central Bank

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Quote from: bohr on March 19, 2017, 03:04:13 PM

but you can rest assured that there is going to be a battle for the name bitcoin since branding sis so important nowadays.

i think it'll be pretty straightforward. if one chain dwindles to 20% or less then it's over and the victor will be bitcoin to everyone who uses it.

maybe there'll be some patent, copyright or trademark trolling from the loser. no one's gonna care.

cakravothy

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Chainjoes.com

Quote from: FiendCoin on March 17, 2017, 11:57:08 AM

As per Coindesk: In the event of a hardfork with BTU, major exchanges will list BTU as BTU or XBT.

Source: http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/

Let me repeat this, BTU will be an ALT COIN NOT BITCOIN!

Expect prices to drop.

I think is very bad if bitcoin can accident same ethreum, open etc and eth
i hope bitcoin still one bitcoin, not open BTU and BTC, if accident i think bitcoin price can down

notme

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Quote from: FiendCoin on March 18, 2017, 04:40:17 PM

Quote from: notme on March 18, 2017, 03:31:19 PM

Quote from: FiendCoin on March 18, 2017, 01:06:28 PM

Quote from: btcxyzzz on March 18, 2017, 01:00:58 PM

Quote from: seradj0 on March 17, 2017, 02:01:45 PM

do you see what roger is doing
CIA-AGENT

Do you fucking know who finances Blockstream you stupid?

And who finances BTU?

It was started by volunteers and has received some community donations.

You mean Roger Ver and Jihan Wu?

I think they may have made some donations recently, but they weren't even aware of BU until well after the EC idea was developed and implemented. BU was born in this thread: https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16

It happened back when bitcoinxt censorship was in full force here. It drove many of us to look for a place to discuss things openly. Many here might recognize that thread as a continuation of a very popular one here that fell victim to the censorship. Thankfully, that censorship has eased a bit recently. You are seeing the results of the censorship all over the place. Opinions have polarized and now we have severely fractured community with a lot of healing to do.

Edit: https://bitco.in/forum/threads/gold-collapsing-bitcoin-up.16/page-64#post-2371 is the post where theZerg (the guy who actually took the initiative to fork core) committed to starting the project. There is a lot of discussion before and after that post that will help explain the BU philosophy if anyone is interested.

bohr

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Quote from: FiendCoin on March 17, 2017, 11:57:08 AM

As per Coindesk: In the event of a hardfork with BTU, major exchanges will list BTU as BTU or XBT.

Source: http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/

Let me repeat this, BTU will be an ALT COIN NOT BITCOIN!

Expect prices to drop.

This is the only thing to do if that happens, but you can rest assured that there is going to be a battle for the name bitcoin since branding is so important nowadays.

alyssa85

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