Pages:
Author

Topic: does mircea popescu really have the power to decide if a hardfork happens? - page 2. (Read 1342 times)

hero member
Activity: 3150
Merit: 937
"He and his group has enough bitcoins(up to billion+)".Are you kidding me?
Do you mean million,not billion?Nobody can have 1 billion btc  Grin
Nobody could  have even 1 million.The largest btc holders have around 100000 btc.
I don` t care about his claims.Miners care only about their profits,they don`t care about btc price and what holders think about the hard fork.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
 Cheesy

omg man..too funny.

no.  its entirely up to the miners. 
newbie
Activity: 14
Merit: 0
Some guy here claims he makes tons of money with that MPEX website which I have no idea what it is and how much is moved there.
newbie
Activity: 9
Merit: 0
i have been reading on this lately as some people claim that he and his group has enough bitcoins (up to billion+) to decide to outcome of any split, i assume the method would be to dump their coins on the market to crush the fork, kill the hashrate and thus resolve the conflict forcing miners to come back to legacy chain

i wrote a post here

since people have short attention spams and dont like to read, i'll keep this one shorter and hopefully someone checks out the other thread for more detailed explanation

i would like to know, if he and his group have enough power to influence bitcoin so much.  has he signed addresses that prove he is that wealthy?  how do we know for a fact?

devs seem to take the time to ask about their opinion so i assume they have tons, but i haven't seen any evidence.

a good read to put you in context:

http://thestringpuller.com/2016/06/bitcoin-wont-hardfork-any-time-soon/



did satoshi have in mind and predicted that this sort of whale groups acting as keepers or guardians of bitcoin would arise to make it immutable?

isn't it unavoidable that this concentration of power would have happened?  did he predict that this concentration of power would be in the hands of "bitcoin fundamentalists" that wouldn't allow any changes? or this just happened by chance?  could a group like this compromised of people with other agendas have arised? do they exist and we don't know?

is this good? bad?  a single point of failure? centralizing? what is this?  can they really stop hardforks and even dictate the conditions at will?

what does this mean for bitcoin in the big picture?
Pages:
Jump to: