Topic: No SegWit? No $10k Bitcoin. It's that simple.. (Read 1742 times)

I think you might be right. There will always be that 5% of people who want to see the world burn. They won't follow the rest just to be different, to show they are individualistic nonconformists.
The percentage should be lowered to at least 80%, which already is a vast majority. If politicians need only 51% and it's considered fair, why do we need 95?

No Blockstream? 100k Bitcoin by now.

Well I believe you are correct that a chain split will indeed occur if the longest PoW chain
doesn't support segwit.  The outputs from the new transaction types won't be recognized
by the legacy chain and therefore, any blocks mined with subsequent transactions using
those outputs may not validate.  The 'backwards compatibility' of segwit only means your
wallet won't stop working just because you're not using the new transaction types, or
if you're a minority miner, you can still mine blocks with non segwit transactions,
but the block will always be on top of the longest chain.

The idea behind UASF is to persuade/influence/ miners to fork, but
the problem is that anything except hash power is relatively inexpensive
to spoof.  So, this goes against the philosophy of Bitcoin PoW.

Chinese Miners are trying to control the network again and block SegWit?

How can you be so sure that we would be over $100,000,000,000,000 by now if he didn't start this blocksize debate? I think if he didn't start it yes the price might be greater than the price we have now but I think ti would not be that big and that would be too big to reach for just a very short time. I think we would reach $10,000+ prices decades from now but reaching $100,000,000,000,000 price would be a pipe dream even if bitcoin lives in the next 2 centuries unless there would be a good news that will drive price up to that point which I think would be a miracle to happen soon.

It's funny because without this blocksize debate started by Gavin Andresen we would have been over $100,000,000,000,000 by now.

It's funny because without this blocksize debate started by Core we would have been over $10,000 by now.

The market has decided. Whether or not you have.

Core, BU, Classic, XT.. blah blah blah.

You can't fight the market. Or you'll lose.

And right now.. we're ALL losing.

You are blinded.

The 'vested interest' that you speak of, is already in the hand of retarded control freak.

I don't know why you don't realize it but you are in fact proving me right.

'Uhhh, can SHA256 ASICs on the scale owned by Bitmain be profitably repurposed to any other coin? No.'

ETH is an economic power and was build to not fall in control of a monopoly, other than the initial investment. Want a way out? sell your coin. Acsi race is just a mess, and those who won that race are manipulating BTC/LTC for their own agenda, while Satoshi made bitcoin to get rid of this kind centralization.

ETH > ETC because of the leadership and the will of the MANY. nothing else, certainly not ASCI investment... !!!!!!! GPU mining was made to get rid of as soon as PoS get in, What does not align in your mind?

And I tend to make fun of you because you are a mess and you are defending something that stinks 20 miles around and everybody is already disgusted.

You must have an agenda to defend such behavior and sooner or later we will all find out

It's funny because without this blocksize debate started by Core we would have been over $10,000 by now.

WARNING....



I have a new theory on what Jihan's strategy may be...


I don't know if Jihan plans to try block SegWit entirely from Litecoin. I don't understand what his motivation to do that would be. It seems insane.

But I will say that none of your UASF shit will work. So Jihan might be trying to create a fight with you so that he can take your LTC and BTC from you. The more I think about this, the more I realize he may be trying to draw you UASF retards into a fork war trap so he can strip you of your wealth. Everybody who values the value of blockchains will sell the UASF fork, because democracy totally devalues blockchains and makes them worthless. I think Jihan wants to make money while also making an ideological point. It is survival-of-the-fittest and he wants to impoverish all those who don't understand that immutability is what makes blockchains valuable and democracy is what makes everything bankrupt, untrustable, and valueless. However, after bankrupting all the USAF, BU, Blockstream retards, I think he might allow SegWit to proceed on Litecoin as its final upgrade (because otherwise scaling will move to another altcoin which he can't profit on). I think he may be stalling and playing shenanigans not only to maximize profit interim, but also to instigate a fork fight with retards, so he can once and for all teach them they can never succeed. What better way to teach than by taking all their money. I try to teach with words. Jihan is more efficient. He understands that men understand spanking better than words.

Interesting discussion going on over there... (click the quote if you're interested to go read the context)

~SNIP~
The smart money is starting to recognize my expertise.

No Blockstream? 100k Bitcoin by now.

The market has decided. Whether or not you have.

Core, BU, Classic, XT.. blah blah blah.

You can't fight the market. Or you'll lose.

And right now.. we're ALL losing.