Hardfork = Mitosis - page 2. | Bitcointalksearch.org

Lauda

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Quote from: franky1 on October 06, 2016, 08:23:32 AM

because a hard fork is not just one thing. its people like you who unconvincingly try to brush stuff under the rug and treat it all as a disaster.
controversial vs consensus
accidental vs intentional.

So after a redundant analogy, you resort to ad hominem? Roll Eyes

People who have kept a close eye on your posts and who are decent with Bitcoin knows that what you're preaching is usually very wrong. The fork debate has been beaten to death, and you've provided no good reasoning for it.

Quote from: franky1 on October 06, 2016, 08:23:32 AM

also unlike yourself who avoid learning, some people want to learn.

You've pretty much described yourself. How about you stop attacking other people and start listening for once?

franky1

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Quote from: Lauda on October 06, 2016, 08:14:32 AM

Quote from: franky1 on October 05, 2016, 06:07:39 PM

hard fork(eth: --oppose-dao-fork) = intentional split = mitosis
consensus change = majority upgrade = gene therapy

-snip-

What's up with so many analogies recently regarding hard forks?

because a hard fork is not just one thing. its people like you who unconvincingly try to brush stuff under the rug and treat it all as a disaster.
controversial vs consensus
accidental vs intentional.

people need to know the difference so they can see passed your doomsdays of trying to treat an umbrella term as total disaster, by highlighting that people like you are picking the worse case scenario within that term, and avoiding discussing the more logical and safe scenarios which is what the community want.

also unlike yourself who avoid learning, some people want to learn. they just sometimes dont understand some analogies. thus using different analogies appeal to different people in different ways to get more people to understand.

Lauda

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Quote from: RealBitcoin on October 05, 2016, 03:42:16 PM

All coins are flawed some way, but the question is, what kind of flaw it has?

Well, technically all coins aren't 'garbage' (seems the user used two adjectives). I'd say that most of them are garbage, and that a fair number runs on outdated/insecure codebase.

Quote from: RealBitcoin on October 05, 2016, 03:42:16 PM

For bitcoin, the worst case scenario is this scaling problem.

It's really just a matter of time before these boundaries get pushed.

Quote from: franky1 on October 05, 2016, 06:07:39 PM

hard fork(eth: --oppose-dao-fork) = intentional split = mitosis
consensus change = majority upgrade = gene therapy

-snip-

What's up with so many analogies recently regarding hard forks?

franky1

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hard fork(eth: --oppose-dao-fork) = intentional split = mitosis
consensus change = majority upgrade = gene therapy

gene therapy:
if the majority of cells(nodes) accept the new gene(rule), then all cells change to fix a issue to allow the body(network) to healthily grow, without the previous unhealthy limitation.

if the majority of cells(nodes) reject the new gene(rule), then all cells dont change and the body(network) remains having the unhealthy limitation.

RealBitcoin

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Quote from: Vistman on October 05, 2016, 04:36:05 AM

Which of the coins are not garbage flawed?

All coins are flawed some way, but the question is, what kind of flaw it has?

For bitcoin, the worst case scenario is this scaling problem. For ethereum is that any malware can run on the network. Which one is worse?

Vistman

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Quote from: RealBitcoin on September 20, 2016, 10:45:47 PM

Quote from: DooMAD on September 19, 2016, 04:33:46 AM

Quote from: RealBitcoin on September 18, 2016, 11:06:07 PM

Quote from: Vistman on September 10, 2016, 12:01:03 PM

I think the price of the Etheruem (both ETH and ETC) are consolidation. They will rise a lot in the next few months.

We shall see what will happen, i am just wondering how is it possible for ETH and ETC to both rise in value when they should shrink to reach the a mean reversion sorta thing.

If the markets were that easy to predict, we'd all be millionaires by now, heh. ETC volume is still reasonably strong compared to other alts, but ETH is back to being the main attraction and ETC is merely a sideshow now. Still not holding much of either, though, as other alts can deliver all the same features (which they had before ETH went live) and are still much cheaper to invest in. ETH is way overpriced for what it is and relies mostly on hype for its network effect.

Well that is what happens when investors are dumb.

You know people who invest in Greek bonds or negative yield bonds , that kind of people, they never know what is coming to them.

It's not like ETH investors are superintelligent, heck most sscam investment site investors are dumb as hell too, how many people have been scammed so far in the crypto world?

"The markets can stay irrational longer than you can stay solvent!" - Keynes

I would not bet on ETH, nor against it, I am just simply not interested in garbage flawed coins.

Which of the coins are not garbage flawed?

RealBitcoin

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Quote from: DooMAD on September 19, 2016, 04:33:46 AM

Quote from: RealBitcoin on September 18, 2016, 11:06:07 PM

Quote from: Vistman on September 10, 2016, 12:01:03 PM

I think the price of the Etheruem (both ETH and ETC) are consolidation. They will rise a lot in the next few months.

We shall see what will happen, i am just wondering how is it possible for ETH and ETC to both rise in value when they should shrink to reach the a mean reversion sorta thing.

If the markets were that easy to predict, we'd all be millionaires by now, heh. ETC volume is still reasonably strong compared to other alts, but ETH is back to being the main attraction and ETC is merely a sideshow now. Still not holding much of either, though, as other alts can deliver all the same features (which they had before ETH went live) and are still much cheaper to invest in. ETH is way overpriced for what it is and relies mostly on hype for its network effect.

Well that is what happens when investors are dumb.

You know people who invest in Greek bonds or negative yield bonds , that kind of people, they never know what is coming to them.

It's not like ETH investors are superintelligent, heck most sscam investment site investors are dumb as hell too, how many people have been scammed so far in the crypto world?

"The markets can stay irrational longer than you can stay solvent!" - Keynes

I would not bet on ETH, nor against it, I am just simply not interested in garbage flawed coins.

Harlot

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Quote from: DooMAD on September 19, 2016, 04:33:46 AM

Quote from: RealBitcoin on September 18, 2016, 11:06:07 PM

Quote from: Vistman on September 10, 2016, 12:01:03 PM

I think the price of the Etheruem (both ETH and ETC) are consolidation. They will rise a lot in the next few months.

We shall see what will happen, i am just wondering how is it possible for ETH and ETC to both rise in value when they should shrink to reach the a mean reversion sorta thing.

If the markets were that easy to predict, we'd all be millionaires by now, heh. ETC volume is still reasonably strong compared to other alts, but ETH is back to being the main attraction and ETC is merely a sideshow now. Still not holding much of either, though, as other alts can deliver all the same features (which they had before ETH went live) and are still much cheaper to invest in. ETH is way overpriced for what it is and relies mostly on hype for its network effect.

If price as of today double will you think that Hard Fork is a bad thing? How about they just doubled the quantity of Bitcoin that can be mined and go to 50 BTC per block reward atter that? The result will be is that we will have the same price and will have more BTC in curculation in the future. I hope its not a bad thing.

DooMAD

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Leave no FUD unchallenged

Quote from: RealBitcoin on September 18, 2016, 11:06:07 PM

Quote from: Vistman on September 10, 2016, 12:01:03 PM

I think the price of the Etheruem (both ETH and ETC) are consolidation. They will rise a lot in the next few months.

We shall see what will happen, i am just wondering how is it possible for ETH and ETC to both rise in value when they should shrink to reach the a mean reversion sorta thing.

If the markets were that easy to predict, we'd all be millionaires by now, heh. ETC volume is still reasonably strong compared to other alts, but ETH is back to being the main attraction and ETC is merely a sideshow now. Still not holding much of either, though, as other alts can deliver all the same features (which they had before ETH went live) and are still much cheaper to invest in. ETH is way overpriced for what it is and relies mostly on hype for its network effect.

RealBitcoin

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Quote from: Vistman on September 10, 2016, 12:01:03 PM

I think the price of the Etheruem (both ETH and ETC) are consolidation. They will rise a lot in the next few months.

We shall see what will happen, i am just wondering how is it possible for ETH and ETC to both rise in value when they should shrink to reach the a mean reversion sorta thing.

I think ETH and ETC investors don't understand basic algebra.

Vistman

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Quote from: TooDumbForBitcoin on August 27, 2016, 12:37:39 PM

Quote from: panju1 on August 26, 2016, 11:42:43 PM

Quote from: jvper on August 26, 2016, 10:34:54 PM

Quote from: botany on August 26, 2016, 09:59:01 PM

Quote from: Decoded on August 26, 2016, 06:55:36 PM

You will technically have double the coins. But since a hard-fork will support the same functionality as the other, it's highly possible that the value could split.

The point to note is whether the combined market cap after the split is more than the market cap of Bitcoin pre-split. If that is the case, the split has in fact created value.

Bitcoin rely a lot on its network effect, which means it is the most known/accepted token, because it was the first one. If it splits and both chains go on, the network effect may be broken nearly by half, which would weaken bitcoin as a whole.

One of the reasons advanced by Roger Ver for the split is that Ethereum as a whole (ETH + ETC) has risen in value after the hard fork.
So not all forks result in destruction of value.

I'd expect Roger to be a little better in math than that. The sum of $11.26 plus $1.44 is less than ETH's $20 price just before the hard fork.

I think the price of the Etheruem (both ETH and ETC) are consolidation. They will rise a lot in the next few months.

TooDumbForBitcoin

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Quote from: panju1 on August 26, 2016, 11:42:43 PM

Quote from: jvper on August 26, 2016, 10:34:54 PM

Quote from: botany on August 26, 2016, 09:59:01 PM

Quote from: Decoded on August 26, 2016, 06:55:36 PM

You will technically have double the coins. But since a hard-fork will support the same functionality as the other, it's highly possible that the value could split.

The point to note is whether the combined market cap after the split is more than the market cap of Bitcoin pre-split. If that is the case, the split has in fact created value.

Bitcoin rely a lot on its network effect, which means it is the most known/accepted token, because it was the first one. If it splits and both chains go on, the network effect may be broken nearly by half, which would weaken bitcoin as a whole.

One of the reasons advanced by Roger Ver for the split is that Ethereum as a whole (ETH + ETC) has risen in value after the hard fork.
So not all forks result in destruction of value.

I'd expect Roger to be a little better in math than that. The sum of $11.26 plus $1.44 is less than ETH's $20 price just before the hard fork.

panju1

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Quote from: jvper on August 26, 2016, 10:34:54 PM

Quote from: botany on August 26, 2016, 09:59:01 PM

Quote from: Decoded on August 26, 2016, 06:55:36 PM

You will technically have double the coins. But since a hard-fork will support the same functionality as the other, it's highly possible that the value could split.

The point to note is whether the combined market cap after the split is more than the market cap of Bitcoin pre-split. If that is the case, the split has in fact created value.

Bitcoin rely a lot on its network effect, which means it is the most known/accepted token, because it was the first one. If it splits and both chains go on, the network effect may be broken nearly by half, which would weaken bitcoin as a whole.

One of the reasons advanced by Roger Ver for the split is that Ethereum as a whole (ETH + ETC) has risen in value after the hard fork.
So not all forks result in destruction of value.

beastmodeBiscuitGravy

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Quote from: Harlot on August 26, 2016, 11:11:59 PM

.... and the price has a tendency to rise. Which it would in time.

Rise in due time, rise in due time, yes it will. Wink

Future Legends of Crypto.

Harlot

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It depends really. What do you think the prices will be when Miners run out of BTC being mined? Do you think the prices will go up? or go down? Most of you will say it will go up, and I think so as well. But if you want prices to be stable just like FIAT we want to generate new btc into the system and let the demand make the prices up. Just think of it as Stock Companies giving Stock Dividends, instead of money. After the exdate the prices will tremendously drop but overall you have more stock and the price has a tendency to rise. Which it would in time.

jvper

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Quote from: botany on August 26, 2016, 09:59:01 PM

Quote from: Decoded on August 26, 2016, 06:55:36 PM

You will technically have double the coins. But since a hard-fork will support the same functionality as the other, it's highly possible that the value could split.

The point to note is whether the combined market cap after the split is more than the market cap of Bitcoin pre-split. If that is the case, the split has in fact created value.

Bitcoin rely a lot on its network effect, which means it is the most known/accepted token, because it was the first one. If it splits and both chains go on, the network effect may be broken nearly by half, which would weaken bitcoin as a whole.

botany

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Quote from: Decoded on August 26, 2016, 06:55:36 PM

You will technically have double the coins. But since a hard-fork will support the same functionality as the other, it's highly possible that the value could split.

The point to note is whether the combined market cap after the split is more than the market cap of Bitcoin pre-split. If that is the case, the split has in fact created value.

Decoded

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give me your cryptos

You will technically have double the coins. But since a hard-fork will support the same functionality as the other, it's highly possible that the value could split.

beastmodeBiscuitGravy

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Quote from: RealBitcoin on August 26, 2016, 06:36:38 PM

Well ETC is looks like have became a stable coin and it looks like it could have a market cap similar to ETH one day.

So my 50-50% theory was correct after all, a hardfork does split the money into 2.

ETC just stole 100 million $ from ETH, it's a 1-9 ratio currently, but who knows what the future holds.

Nope.

Your 50-50 theory is looking pretty bunk at the moment.

ETC peaked at about 30% of ETH's value. This was about the time Barry Silbert and Samson Mow were pumping it hard on twitter.

It's been a slow bleed since then, it's lost more than 50% of its value, now at just over 12% of the value of ETH. It's been interesting watching the forces of free minds and free markets sort out their philosophical differences. Too bad BTC's soft fork salad upgrade plan keeps us in an unhappy and sometimes abusive relationship... while the kids are fleeing to altcoins like monero just to get away from the bickering and unhealthy stasis.

RealBitcoin

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Well ETC is looks like have became a stable coin and it looks like it could have a market cap similar to ETH one day.

So my 50-50% theory was correct after all, a hardfork does split the money into 2.

ETC just stole 100 million $ from ETH, it's a 1-9 ratio currently, but who knows what the future holds.

Topic: Hardfork = Mitosis - page 2. (Read 5736 times)