Topic: Facebook’s Libra + Bitcoin + Trump + Israel = 666 Orwellian Dystopia - page 4. (Read 1344 times)

Whales are not economically relevant on a network nobody uses.

What exactly is the basis for "The Real Bitcoin's" value in this dynamic? What you're suggesting goes in the face of Metcalfe's Law. With a network so tiny, there isn't even a logical economic basis for any whales to support the miner's fork. Only obscure crazies like Mircea Popescu would for political/philosophical reasons. The vast majority of whales would rationally protect their wealth rather than pursue an obscure fork where miners steal everyone's BTC.

You seem to think some small minority of whales and the forking miners are enough to create a network worthy of any value. It's much more likely it'll look like Bitcoin Cash (or actually probably one of the more obscure shitcoin airdrops like Bitcoin God). The market can sniff out a few big players trying to corner the market. Nobody will fork their client except those colluding in the attack, nobody will use the network, there will be zero demand for the mining rewards on this chain. Just like Bitmain with Bitcoin Cash it'll be a spectacular failure. They can throw some hash rate and fake transactions on the network but the market will see right through it. When there's no demand for the miner rewards but there's still loads of airdropped coins to dump, what do really expect to happen?

Who would ever buy into and prop this market up except those who are attacking Bitcoin (the 0.5.3 miners), who are already expending hash power on likely worthless mining rewards? The market isn't this dumb, and if you think Bitcoin miners are this short-sighted and dumb to even attempt this, good luck to you. This is much, much more obscure shitcoin fork than Bitcoin Cash and yet "this time it's going to be different." When will people ever learn to stop fighting the market? You people amaze me.

You want to hedge for the least likely scenario possible? Keep your coins in legacy addresses. But actually buying into this Shelby's clueless rants that ignore all logical game theory? LOL.

I love these "illuminate is behind all of this" type of people, I mean they are always blaming Jewish people, they are blaming the big rich families like Rothschilds and so forth because lets be honest isn't it easy to just blame someone else for your problems? I mean isn't rich getting richer and poor getting poorer a reality already? So why not put that into some Orwellian Dystopia blame as well? In reality all of this is caused by the rich people but those rich people change, the companies are rich and not the people themselves, you think Jeff Bezos is rich?

Amazon is even richer, you think Bill Gates is rich? Microsoft is richer. So basically as soon as someone else takes over and does the shady stuff then you will realize its not the people that are evil, its the corporations that are making this wealth gap bigger.

OK, if believing that you are unique, and special makes you feel better.


You got that logic transposed. Remember those who thought the earth was round were considered heretics by the vast majority of their era.

You’re the flat-earther. I can think outside the peer pressure box and propose a theory about the earth being round, which is heretical inside your mainstream world.

But thanks for making my point for me.