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Topic: If bitcoin forks to XT, the price will start declining - page 2. (Read 3751 times)

legendary
Activity: 1260
Merit: 1002
no fork, xt is just another alt.

adios usgavin-herngle.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Enough of AJ. I follow him because he's funny and he generally talks the truth while making it sound entertaining. I also like Rusty Shackleford (Dale Gribble) from the King of the Hill show. Are you going to ridicule me now based on a fictional cartoon character? It would be kind of dumb. Do your own research. Don't follow just any single source of information. I've done my research, have you?

edit:
that last video was actually very good in a sense that is shows that AJ is not just ranting and raving about conspiracy theories but he can actually defend his position against mainstream criticism and he does it really well.

lol, that impression was done really nice.
So you also watched the interview video, and jet you still agree with Alex Jones's positions. There is where your problem is, you don't arrive at sane conclusions if you remain with that conspiratorial mindset. Seriously stop listening to him, even if you do it for entertainment it isn't good for you. You may have taken the first step but you still believe everything that Alex Jones is about. Look up a conspiracy theory on rationallwiki.org every once in a while and look at the quoted sources. At first it will probably offend you, but once you are looking at the information form a more rationalist perspective you realize that much of the talking points in the conspiracy theory scene are conjecture and projection of a certain mindset, not facts.

[/OT]
legendary
Activity: 1316
Merit: 1000
Si vis pacem, para bellum
There's little chance that the eventual forking will have impact on the price, and i believe that (atleast for a certain period of time) it will be negative one.
The main reason for my concern is the timeframe between the time that XT activates, and >1mb block makes chains different, and the time services and exchanges
find a solution to this issue.

I don't think that the fork with affect the price of bitcoin. The are to many other factors that will affect this but not the fork. the fork will disappear to fast to be remembered and everything will be only story. To be told when it will be another fork. 

fork it and get it over with !!!!!

im sick to the teeth of these doomsday  threads .......every cou[ple of months for nearly 7 years ive heard every possible sky is falling ,get out now etc

if anyone  has enough money and power to  crash the network ,they would have done it by now ,its well designed but let them try already .........#


wtf are they waiting for ......
legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
Can't wait for the split so that I can cash out my xt monopoly money. So does everybody else. Like it or not, xt is dead before being born Kiss

Actually there's a rule in XT stating that XT (with larger blocks) won't be "activated" unless over 75% of the network is behind it, meaning that running XT
until that day is the same as running core.

And in the event of activation, it would automatically mean that 2/3 are on XT and that means it wouldn't be "monopoly money" as you claim.
imho either option is fine, and the real "worst case scenario" is having a battle within the community, which could lower bitcoin value, regardless of the fork in question.

That "rule in XT" is being hacked to pieces.  "In the event of activation" it may mean nothing more than the malicious Gavinista minority is about to get #REKT.

Source:

This is a special fork for those who do not agree with the blocksize scheduled increase as proposed by Gavin and Mike in their divisive altcoin fork, "Bitcoin XT".

This version can be used to protect the status quo until real technical consensus is formed about the blocksize.

This version is indistinguishable from Bitcoin XT 0.11A except that it will not actually hard fork to BIP101, yet appears on the p2p network as Bitcoin XT 0.11A replete with features, yet at a consensus level behaves just like Bitcoin Core 0.11. If it is used to mine, it will produce XT block versions without actually supporting >1MB blocks.

Running this version and/or mining with XT block versions will make it impossible for the Bitcoin XT network to detect the correct switchover and cause a premature fork of anyone foolish enough to support BIP101 without wide consensus from the technical community.

It prevents correct detection of Bitcoin XT adoption in the wild since usage will be known to have been tampered with and thus all statistical data gathered by getnodes can only be considered unreliable.

https://github.com/xtbit/notbitcoinxt#not-bitcoin-xt
hero member
Activity: 584
Merit: 500
Can't wait for the split so that I can cash out my xt monopoly money. So does everybody else. Like it or not, xt is dead before being born Kiss

Actually there's a rule in XT stating that XT (with larger blocks) won't be "activated" unless over 75% of the network is behind it, meaning that running XT
until that day is the same as running core.

And in the event of activation, it would automatically mean that 2/3 are on XT and that means it wouldn't be "monopoly money" as you claim.
imho either option is fine, and the real "worst case scenario" is having a battle within the community, which could lower bitcoin value, regardless of the fork in question.
legendary
Activity: 2114
Merit: 1013

If you knew anything about the inner workings of the pineal gland you would know that flouride gets stuck around it and makes it dysfunctional.

And because you probably won't pay any attention to it because you are following this retard, a video:
https://www.youtube.com/watch?v=qL2L85-ZaZ8
This is a good video indeed. Especially I like AJ's black helicopter paranoia. It's hilarious.
https://www.youtube.com/watch?v=bg4GvL0mHX4

Since you seem somewhat serious about the bullshit, once you got a clean piece of mind: https://www.youtube.com/watch?v=k3TPeijF9Jc

Oh and yes I actually listened to this schizophrenic crank too.

Enough of AJ. I follow him because he's funny and he generally talks the truth while making it sound entertaining. I also like Rusty Shackleford (Dale Gribble) from the King of the Hill show. Are you going to ridicule me now based on a fictional cartoon character? It would be kind of dumb. Do your own research. Don't follow just any single source of information. I've done my research, have you?

edit:
that last video was actually very good in a sense that is shows that AJ is not just ranting and raving about conspiracy theories but he can actually defend his position against mainstream criticism and he does it really well.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
In the meantime, this happens as if nothing happened: https://www.youtube.com/watch?v=cRL3Hxi2LrI

http://www.citylab.com/politics/2012/08/anti-environmentalist-roots-agenda-21-conspiracy-theory/3091/
http://www.quackwatch.org/03HealthPromotion/fluoride.html

And because you probably won't pay any attention to it because you are following this retard, a video: https://www.youtube.com/watch?v=qL2L85-ZaZ8
Since you seem somewhat serious about the bullshit, once you got a clean piece of mind: https://www.youtube.com/watch?v=k3TPeijF9Jc

Oh and yes I actually listened to this schizophrenic crank too.
legendary
Activity: 2114
Merit: 1013
Not worth holding btc at all right now, to much risk with this xt nonsense......

This is essentially what just happened https://www.youtube.com/watch?v=OJdKDqGOhv0

And what eventually might happen: https://www.youtube.com/watch?v=Oi97fXRkgss

In the meantime, this happens as if nothing happened: https://www.youtube.com/watch?v=cRL3Hxi2LrI
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Not worth holding btc at all right now, to much risk with this xt nonsense......

This is essentially what just happened https://www.youtube.com/watch?v=OJdKDqGOhv0

And what eventually might happen: https://www.youtube.com/watch?v=Oi97fXRkgss
member
Activity: 109
Merit: 10
Not worth holding btc at all right now, to much risk with this xt nonsense......

This is essentially what just happened https://www.youtube.com/watch?v=OJdKDqGOhv0
hero member
Activity: 706
Merit: 500
Dutyfree.io – defying tobacco taxes since 2009.
Can't wait for the split so that I can cash out my xt monopoly money. So does everybody else. Like it or not, xt is dead before being born Kiss
legendary
Activity: 2114
Merit: 1013
If Bitcoin was a PoS/PoW hybrid this would never be an issue. Right now the problem is that stakeholders and miners are not the same people but THEY SHOULD BE. It almost seems as a conspiracy that Satoshi didn't implement PoS in the first place. Is Bitcoin doomed by design? I think Bitcoin should introduce Proof of Stake mining and solve the protocol change debate problems once and for all by having stakeholder voting on its very block chain itself.
legendary
Activity: 861
Merit: 1010
The problem of your post is, that you are 100% correct....
We all know, that Bitcoin is going to loose a fair amount of its value during the coming fork. There is no reason to not sell BTC now (at least if you are not a hc hodler..). I belive in bitcoin but still, now is the time to sell...

I believe in bitcoin as well, and the price will rebound for sure. I'm just saying that there's money to be made from this transition

WTF is this?

Did the real Satoshi just speak? It didn't sound like Satoshi Nakamoto. Rather an imposter if you asked me.

No, it's not him. There are several topics about this. The mail used was in fact used by satoshi before, but was proven to be compromised later on.
With no PGP, there's zero reason to trust that statement to have come from satoshi, although the conposition of the post sure is nice.

cheers
Could you please post a link which shows the evidence of the mail being compromised?

Regarding the PGP signature:
-He has never signed anything
-His argument within the mail is against populism tactics and appeal to authority. So if it was the real Satoshi, then it would be really silly to prove is identity in this context.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
The problem of your post is, that you are 100% correct....
We all know, that Bitcoin is going to loose a fair amount of its value during the coming fork. There is no reason to not sell BTC now (at least if you are not a hc hodler..). I belive in bitcoin but still, now is the time to sell...

I believe in bitcoin as well, and the price will rebound for sure. I'm just saying that there's money to be made from this transition

WTF is this?

Did the real Satoshi just speak? It didn't sound like Satoshi Nakamoto. Rather an imposter if you asked me.

No, it's not him. There are several topics about this. The mail used was in fact used by satoshi before, but was proven to be compromised later on.
With no PGP, there's zero reason to trust that statement to have come from satoshi, although the conposition of the post sure is nice.

cheers
legendary
Activity: 2114
Merit: 1013
WTF is this?

Did the real Satoshi just speak? It didn't sound like Satoshi Nakamoto. Rather an imposter if you asked me.
legendary
Activity: 1568
Merit: 1005
beware of your keys.
probably if less people to use the full node wallets.
once 51% attacks happened, bitcoin would be declined and so the cryptographical currencies.
sr. member
Activity: 448
Merit: 252
It's affecting the price even now. We already dropped to $257 from a stable week of $267.

The real drop will probably happen like per op, when/if the chains actually split, for now they're identical.
Imagine the drama when/if someone sends coin from core to service on xt after the split, and it never confirms..
No doubt it will be fixed, but for a certain period, it will be interesting.. imho sell now, and rebuy @ 220-230 under 3 months from now, easy 15% profit.

The problem of your post is, that you are 100% correct....
We all know, that Bitcoin is going to loose a fair amount of its value during the coming fork. There is no reason to not sell BTC now (at least if you are not a hc hodler..). I belive in bitcoin but still, now is the time to sell...
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
It's affecting the price even now. We already dropped to $257 from a stable week of $267.

The real drop will probably happen like per op, when/if the chains actually split, for now they're identical.
Imagine the drama when/if someone sends coin from core to service on xt after the split, and it never confirms..
No doubt it will be fixed, but for a certain period, it will be interesting.. imho sell now, and rebuy @ 220-230 under 3 months from now, easy 15% profit.
legendary
Activity: 1722
Merit: 1003
Naturally I can see the price going down or stagnating until the dust settles.

But in the long run I see more strength in bitcoin than ever.

Yeah, once this is successfully resolved in favor of more adoption and scaling, I think there'll be a significant confidence boost.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
Naturally I can see the price going down or stagnating until the dust settles.

But in the long run I see more strength in bitcoin than ever.

any chance bitcoin will be dead ?

yes it will die  Roll Eyes
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