Eth Classic opened the way for Bitcoin Classic fork

JayJuanGee

legendary

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Merit: 11105

Self-Custody is a right. Say no to"Non-custodial"

Quote from: Alubert on August 04, 2016, 05:45:24 AM

Quote from: chen miao on August 01, 2016, 07:25:29 AM

Quote from: Alubert on July 25, 2016, 03:54:10 AM

The Ethereum Classic will be attacked to death by the big Etherum holders. They can sell their ETC to 0.

till now,i cann't to see the attacked.

I think there will be a dump of the ETC by the big holders as well as the DAO hackers, then attack will begin then.

Part of your theory makes no fucking sense... and so seems like you are trying to dream an outcome based on erroneous understanding of motivation.

Think about it?

Why would the DAO hacker dump ETC? We should assume that he wants the price to go up and also to get as much as he can... or at least for the ETC chain to stay alive...

I agree that the big ETH holders may have an incentive to dump ETC, but even their motives are going to be mixed, especially if the ETC buyers are able to absorb the dump.. then they run out of coins to dump.

Alubert

full member

Activity: 164

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Quote from: chen miao on August 01, 2016, 07:25:29 AM

Quote from: Alubert on July 25, 2016, 03:54:10 AM

The Ethereum Classic will be attacked to death by the big Etherum holders. They can sell their ETC to 0.

till now,i cann't to see the attacked.

I think there will be a dump of the ETC by the big holders as well as the DAO hackers, then attack will begin then.

chen miao

full member

Activity: 154

Merit: 100

Quote from: Alubert on July 25, 2016, 03:54:10 AM

The Ethereum Classic will be attacked to death by the big Etherum holders. They can sell their ETC to 0.

till now,i cann't to see the attacked.

RoommateAgreement

hero member

Activity: 770

Merit: 500

Bazinga!

the only similarity between ethereum classic and bitcoin calassic is the word "classic". and it stops right there.

and if anything, ethereum has proven to everybody that a hard for is a terrible idea which should be avoided at all costs. and as we can see it has driven the price down drastically and also it is causing a lot of fights which will end up destroying the coin for good.

Bepesand

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Activity: 151

Merit: 105

Quote from: Alubert on August 01, 2016, 03:05:31 AM

Quote from: iCEBREAKER on July 30, 2016, 04:05:34 PM

Quote from: 1ofthemany on July 30, 2016, 10:03:59 AM

Quote from: Alubert on July 29, 2016, 12:26:45 PM

After ETH Classic fork, we have to be more careful about the hard fork. If one chain is not removed carefully, the bitcoin will die.

Ethereum Classic is not a fork.

Ethereum Classic is defined by its LACK OF A (DAO Bailout) FORK.

FFS, the conceptual poverty around here is getting awful.

Where do these idiots who believe not forking makes ETC a fork come from?

Perhaps they're just BETH trolls, like that pumpertits buffoon who goes around say the DAO attacker stole 9000% of all ETH in existence. Cheesy

If the DAO hacker does not dump his coins, there is a possiblity for the ETC to survive. How about the rest of the DAO?

The rest of the DAO are owned by the white hat hackers. It is possible that these guys will dump the coins.

Alubert

full member

Activity: 164

Merit: 100

Quote from: iCEBREAKER on July 30, 2016, 04:05:34 PM

Quote from: 1ofthemany on July 30, 2016, 10:03:59 AM

Quote from: Alubert on July 29, 2016, 12:26:45 PM

After ETH Classic fork, we have to be more careful about the hard fork. If one chain is not removed carefully, the bitcoin will die.

Ethereum Classic is not a fork.

Ethereum Classic is defined by its LACK OF A (DAO Bailout) FORK.

FFS, the conceptual poverty around here is getting awful.

Where do these idiots who believe not forking makes ETC a fork come from?

Perhaps they're just BETH trolls, like that pumpertits buffoon who goes around say the DAO attacker stole 9000% of all ETH in existence. Cheesy

If the DAO hacker does not dump his coins, there is a possiblity for the ETC to survive. How about the rest of the DAO?

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: 1ofthemany on July 30, 2016, 10:03:59 AM

Quote from: Alubert on July 29, 2016, 12:26:45 PM

After ETH Classic fork, we have to be more careful about the hard fork. If one chain is not removed carefully, the bitcoin will die.

Ethereum Classic is not a fork.

Ethereum Classic is defined by its LACK OF A (DAO Bailout) FORK.

FFS, the conceptual poverty around here is getting awful.

Where do these idiots who believe not forking makes ETC a fork come from?

Perhaps they're just BETH trolls, like that pumpertits buffoon who goes around say the DAO attacker stole 9000% of all ETH in existence. Cheesy

1ofthemany

member

Activity: 62

Merit: 10

Quote from: Alubert on July 29, 2016, 12:26:45 PM

After ETH Classic fork, we have to be more careful about the hard fork. If one chain is not removed carefully, the bitcoin will die.

Ethereum Classic is not a fork.

pereira4

legendary

Activity: 1610

Merit: 1183

Quote from: Pursuer on July 30, 2016, 07:57:07 AM

ethereum has proved the exact opposite.
it has proven that there is nothing good coming out of a hard fork, especially if you do a hard fork without consensus.
we can clearly see what that is doing to etherum with two chains available and no chain seems to be going down.

the only interesting thing in all this is the fact that almost all exchanges seem to be in a hurry to add them to their list of coins to enjoy the fees they take!!

Some guys obviously bagholding ETH now want to mix this with Bitcoin Classic which is absolute crap, with ETC which is actually legit and should be chain that survives if there are any morals left in Ethereum after all this mess.

You big blockers will never learn. It seems not even this Ethereum mess is enough of a lesson to understand hard forks are a high risk.

freshman777

sr. member

Activity: 406

Merit: 250

Quote from: bbc.reporter on July 30, 2016, 07:29:05 AM

Quote from: freshman777 on July 24, 2016, 10:05:22 AM

The minds and hearts of Bitcoin users are prepared. The devil is not so scary as was depicted, forks can happen and the world keeps spinning. Change of algo has to happen in the Bitcoin fork though, because the 3 chinese miners will 51% attack the fork they disagree with to make their profits good again.
Proof: https://bitcointalksearch.org/topic/some-guy-threatens-etc-ethereum-classic-with-a-51-attack-1563496

Days later after the threat where is he? It is just talk. If he really wanted to stop the original chain then he would done so before it was listed in the different exchanges. Now the best move for him is to mine the original Ethereum classic chain because it will be more profitable for him.

Your money is your life's time removed from your life to earn the money by sweat and blood. When your money's at stake, talk is not just a talk, it is a threat. When you receive a threat to your life, what do you do?

Pursuer

legendary

Activity: 1638

Merit: 1163

Where is my ring of blades...

ethereum has proved the exact opposite.
it has proven that there is nothing good coming out of a hard fork, especially if you do a hard fork without consensus.
we can clearly see what that is doing to etherum with two chains available and no chain seems to be going down.

the only interesting thing in all this is the fact that almost all exchanges seem to be in a hurry to add them to their list of coins to enjoy the fees they take!!

bbc.reporter

legendary

Activity: 3010

Merit: 1460

Quote from: freshman777 on July 24, 2016, 10:05:22 AM

The minds and hearts of Bitcoin users are prepared. The devil is not so scary as was depicted, forks can happen and the world keeps spinning. Change of algo has to happen in the Bitcoin fork though, because the 3 chinese miners will 51% attack the fork they disagree with to make their profits good again.
Proof: https://bitcointalksearch.org/topic/some-guy-threatens-etc-ethereum-classic-with-a-51-attack-1563496

Days later after the threat where is he? It is just talk. If he really wanted to stop the original chain then he would done so before it was listed in the different exchanges. Now the best move for him is to mine the original Ethereum classic chain because it will be more profitable for him.

freshman777

sr. member

Activity: 406

Merit: 250

Quote from: Bepesand on July 30, 2016, 06:15:53 AM

The Ethereum community should show some solid determination to remove the ETC as soon as possible.

What utter nonsense! Why?

Bepesand

full member

Activity: 151

Merit: 105

Quote from: Alubert on July 29, 2016, 12:26:45 PM

After ETH Classic fork, we have to be more careful about the hard fork. If one chain is not removed carefully, the bitcoin will die.

The Ethereum community should show some solid determination to remove the ETC as soon as possible.

Alubert

full member

Activity: 164

Merit: 100

After ETH Classic fork, we have to be more careful about the hard fork. If one chain is not removed carefully, the bitcoin will die.

vapourminer

legendary

Activity: 4354

Merit: 3614

what is this "brake pedal" you speak of?

Quote from: freshman777 on July 27, 2016, 02:28:46 AM

You don't have time to follow - then you are not serious about crypto investing.

been in this since '11. bitcointalk says ive been on the board 77 days. and i try to read this and that for at least an hour/day. BUT. if you have time to follow all the coins youre in in detail as well as check interesting new coins, well great. until im retired with no family, there is only so much time..

that said, at least if you follow/understand the basics, you wont get burned badly, and will likely make out here and there. me, ive had a blast as well as making out decently.

i do wish i had invested more time as i would of made out even better, but at some point you reach the point of diminishing returns.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: Bepesand on July 29, 2016, 02:42:06 AM

the success of Ethereum

Tell me more about the success of the DAO. Roll Eyes

VitalikCoin chose to institutionalize moral hazard, a choice rejected by the original, antifragile chain.

Thus Ethereum is a success, but no in the way you think it is.

As I predicted, the Bailout Edition is rapidly hemorrhaging capital into the immutable, authentic one.

Bepesand

full member

Activity: 151

Merit: 105

Quote from: iCEBREAKER on July 27, 2016, 10:13:34 PM

Quote from: Alubert on July 27, 2016, 01:21:57 PM

Quote from: iCEBREAKER on July 27, 2016, 10:26:15 AM

Quote from: Alubert on July 25, 2016, 03:54:10 AM

The Ethereum Classic will be attacked to death by the big Etherum holders. They can sell their ETC to 0.

Oh sure, Barry Silbert and the other pro-ETC whales are just going to give up, roll over, and die as submissively as possible.

Let's at least wait until Nick Szabo weighs in until we restart the production of ETC Obituaries.

But what happens if the DAO hacker is actually part of the ETC team and not sell/dump his coins?

We can only imagine what comedy gold would be buried under such a plot twist.

The situation is quite interesting now. I saw some posts that bitcoiners feel intimidated by the success of Ethereum and they want to destroy it with ETC.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Quote from: Alubert on July 27, 2016, 01:21:57 PM

Quote from: iCEBREAKER on July 27, 2016, 10:26:15 AM

Quote from: Alubert on July 25, 2016, 03:54:10 AM

The Ethereum Classic will be attacked to death by the big Etherum holders. They can sell their ETC to 0.

Oh sure, Barry Silbert and the other pro-ETC whales are just going to give up, roll over, and die as submissively as possible.

Let's at least wait until Nick Szabo weighs in until we restart the production of ETC Obituaries.

But what happens if the DAO hacker is actually part of the ETC team and not sell/dump his coins?

We can only imagine what comedy gold would be buried under such a plot twist.

SmirkinPepe

member

Activity: 84

Merit: 10

If anything no one in their right mind holding substantial amounts of BTC will want a hard fork now. I'm sure a bunch of big ETH/ETC holders are clenching their butts in anticipation of what is going to happen lol...

Topic: Eth Classic opened the way for Bitcoin Classic fork (Read 2892 times)