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Topic: Eth Classic opened the way for Bitcoin Classic fork - page 2. (Read 2892 times)

full member
Activity: 164
Merit: 100
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.   Smiley

But what happens if the DAO hacker is actually part of the ETC team and not sell/dump his coins?
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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.   Smiley
hero member
Activity: 770
Merit: 629
if $ETH had a successful fork, maybe
but it already is project FAIL, consensus my ass

besides $ETH was the we must fork crowd BTC, fuck it will make our own coin, and fork it too!

odds are very low of getting support now for another round of 'lets fork BTC'; and the consequences of do it that very evident.

Why do you think ETH didn't have a successful fork? Did you expect 100% of users to go with the fork? Not going to happen. There was a successful fork and there are two coins now: one is more idealistic, Classic... the other one is perhaps more... flexible. It was a total success, users can now choose which of them is more dear to their own vision of the world. Choice is good. Forking is awesome and should be celebrated.

Amen to that !  Individual freedom over democratic dictatorship !
sr. member
Activity: 406
Merit: 250
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

are you kidding? if anything, this mess teaches me NOT to fork, ever.
Who has time to follow this "forking".
also, remember that "old" coins will exist on both chains somehow, until you transact.

It might be a mess now. But a few months after, there will be only one Ethereum left. They are competing now.

There is no reason whatsoever for only one Ethereum to be left and plenty of reasons for both to exist and more Ethereums to be forked.
full member
Activity: 151
Merit: 105
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

are you kidding? if anything, this mess teaches me NOT to fork, ever.
Who has time to follow this "forking".
also, remember that "old" coins will exist on both chains somehow, until you transact.

It might be a mess now. But a few months after, there will be only one Ethereum left. They are competing now.
hero member
Activity: 959
Merit: 500
I really do not think that forking bitcoin is a good idea.
Eth is something for people who already know a lot about the crypto world. And those are not many.
And even most of those do not know exactly what they should think of this whole fork situation.
What would happen if something like that happened to bitcoin?
I think the average user would leave the project. And most likely never come back.

sr. member
Activity: 406
Merit: 250
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

are you kidding? if anything, this mess teaches me NOT to fork, ever.
Who has time to follow this "forking".
also, remember that "old" coins will exist on both chains somehow, until you transact.

I am not kidding. Forking is all about freedom of choice. It is the reason Bitcoin was born in the first place, kind of forking away from the centralized fiat system to go on its own way. If you're against forking, you're same as those bankers who hate Bitcoin.

You don't have time to follow - then you are not serious about crypto investing.
legendary
Activity: 3892
Merit: 4331
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

are you kidding? if anything, this mess teaches me NOT to fork, ever.
Who has time to follow this "forking".
also, remember that "old" coins will exist on both chains somehow, until you transact.
sr. member
Activity: 406
Merit: 250
changed my mind,
BTC will likely fork now ... ETA 18 months.

BTC will remain the "Classic" and likely celebrate the fork and new child.
Cuz they can likely raise $500M for the spin off with supper sized blocks and faster speed.

It will be the reverse of what ETH just did.  

Good to see you enlightened and celebrating forks.
hero member
Activity: 574
Merit: 500
Ethereum classic is not a fork. It's actually working as an argument against forking bitcoin...


This.
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
if $ETH had a successful fork, maybe
but it already is project FAIL, consensus my ass

besides $ETH was the we must fork crowd BTC, fuck it will make our own coin, and fork it too!

odds are very low of getting support now for another round of 'lets fork BTC'; and the consequences of do it that very evident.

Why do you think ETH didn't have a successful fork? Did you expect 100% of users to go with the fork? Not going to happen. There was a successful fork and there are two coins now: one is more idealistic, Classic... the other one is perhaps more... flexible. It was a total success, users can now choose which of them is more dear to their own vision of the world. Choice is good. Forking is awesome and should be celebrated.

I disagree. When every time a coin forks whenever a part of the community wants something and others don't you will quickly end up with hundreds of forks and the coin and community split all over the place leading to an eventual collapse of the entire ecosystem as it becomes too fractured.

You exaggerate. Forks once in a while are healthy, they release pressure from the cooker. Unhappy users join the fork that best fits their hopes. Many forks are unlikely, because a fork requires developers to maintain it. Good developers are in very short supply.

I don't think I exaggerate, we will have to wait and see how this whole situation develops further but I don't think as a whole it will end up being advantageous to the community and the forked coin. Good developers are in short supply as you say so better keep the team together, they can and will fracture too.

changed my mind,
BTC will likely fork now ... ETA 18 months.

BTC will remain the "Classic" and likely celebrate the fork and new child.
Cuz they can likely raise $500M for the spin off with supper sized blocks and faster speed.

It will be the reverse of what ETH just did.  
legendary
Activity: 1148
Merit: 1048
Ethereum classic is not a fork. It's actually working as an argument against forking bitcoin...

Agreed. If anything, this a reason NEVER to hardfork. If this is happening with ETH, imagine bitcoin. So much more hash rate floating around. And most of it in the hands of a select few. Things will get very political, very quickly.
member
Activity: 62
Merit: 10
Ethereum classic is not a fork. It's actually working as an argument against forking bitcoin...
full member
Activity: 196
Merit: 100
People have been forking Bitcoin for years..
hero member
Activity: 708
Merit: 500
The Ethereum Classic will be attacked to death by the big Etherum holders. They can sell their ETC to 0.

Really? Would they sell their bitcoin to do the same? It's all money after all...
sr. member
Activity: 406
Merit: 250
I don't think I exaggerate, we will have to wait and see how this whole situation develops further but I don't think as a whole it will end up being advantageous to the community and the forked coin. Good developers are in short supply as you say so better keep the team together, they can and will fracture too.

Ethereum: 2 communities, 2 coins > freedom. Bitcoin: 2 communities, 1 coin > servitude
legendary
Activity: 1246
Merit: 1000
if $ETH had a successful fork, maybe
but it already is project FAIL, consensus my ass

besides $ETH was the we must fork crowd BTC, fuck it will make our own coin, and fork it too!

odds are very low of getting support now for another round of 'lets fork BTC'; and the consequences of do it that very evident.

Why do you think ETH didn't have a successful fork? Did you expect 100% of users to go with the fork? Not going to happen. There was a successful fork and there are two coins now: one is more idealistic, Classic... the other one is perhaps more... flexible. It was a total success, users can now choose which of them is more dear to their own vision of the world. Choice is good. Forking is awesome and should be celebrated.

I disagree. When every time a coin forks whenever a part of the community wants something and others don't you will quickly end up with hundreds of forks and the coin and community split all over the place leading to an eventual collapse of the entire ecosystem as it becomes too fractured.

You exaggerate. Forks once in a while are healthy, they release pressure from the cooker. Unhappy users join the fork that best fits their hopes. Many forks are unlikely, because a fork requires developers to maintain it. Good developers are in very short supply.

I don't think I exaggerate, we will have to wait and see how this whole situation develops further but I don't think as a whole it will end up being advantageous to the community and the forked coin. Good developers are in short supply as you say so better keep the team together, they can and will fracture too.
sr. member
Activity: 406
Merit: 250
if $ETH had a successful fork, maybe
but it already is project FAIL, consensus my ass

besides $ETH was the we must fork crowd BTC, fuck it will make our own coin, and fork it too!

odds are very low of getting support now for another round of 'lets fork BTC'; and the consequences of do it that very evident.

Why do you think ETH didn't have a successful fork? Did you expect 100% of users to go with the fork? Not going to happen. There was a successful fork and there are two coins now: one is more idealistic, Classic... the other one is perhaps more... flexible. It was a total success, users can now choose which of them is more dear to their own vision of the world. Choice is good. Forking is awesome and should be celebrated.

I disagree. When every time a coin forks whenever a part of the community wants something and others don't you will quickly end up with hundreds of forks and the coin and community split all over the place leading to an eventual collapse of the entire ecosystem as it becomes too fractured.

You exaggerate. Forks once in a while are healthy, they release pressure from the cooker. Unhappy users join the fork that best fits their hopes. Many forks are unlikely, because a fork requires developers to maintain it. Good developers are in very short supply.
legendary
Activity: 1246
Merit: 1000
if $ETH had a successful fork, maybe
but it already is project FAIL, consensus my ass

besides $ETH was the we must fork crowd BTC, fuck it will make our own coin, and fork it too!

odds are very low of getting support now for another round of 'lets fork BTC'; and the consequences of do it that very evident.

Why do you think ETH didn't have a successful fork? Did you expect 100% of users to go with the fork? Not going to happen. There was a successful fork and there are two coins now: one is more idealistic, Classic... the other one is perhaps more... flexible. It was a total success, users can now choose which of them is more dear to their own vision of the world. Choice is good. Forking is awesome and should be celebrated.

I disagree. When every time a coin forks whenever a part of the community wants something and others don't you will quickly end up with hundreds of forks and the coin and community split all over the place leading to an eventual collapse of the entire ecosystem as it becomes too fractured.
full member
Activity: 164
Merit: 100
i really happy. Nice alternative to ETH from Vitalik and ko

It depends on the action of the DAO hacker. If he dumps the 3.6 million ETC, the price will be very low.
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