A few people would refuse to invest in a highly profitable asset, citing ethical and moral reasons. However, I am not one of them. I don't care much, if Jihancoin can give me good returns. I want to be rich. I am tired of working 12-hours a day.
I think most people would agree centralization from this fork would lead to uncertainty and doubt about the future thus lowering the price. 
Topic: [Poll] Will you use Jihancoin? (Read 1706 times)
A few people would refuse to invest in a highly profitable asset, citing ethical and moral reasons. However, I am not one of them. I don't care much, if Jihancoin can give me good returns. I want to be rich. I am tired of working 12-hours a day.
I think most people would agree centralization from this fork would lead to uncertainty and doubt about the future thus lowering the priceWe are already there
Now we have a mining cartel which successfully boosted transaction fees "to the moon", then we would have Jihan likely doing essentially the same, so what's the difference? With Jihancoin, at least it would be meaningless to flood the network with spam transactions (well, this is what I think). In any case, with or without Jihan, I don't think that Bitcoin right now is the best option out there if you aim at earning profits via trading or elsewise (which is what most people seem to be looking for anyway)
How else, in your opinion, should I have dubbed Jihancoin?
"Satoshis vision" would be 100% accurate and less immature.
Yeah, maybe you are right. But it is not my invention. As they say, don't shoot the messenger
How else, in your opinion, should I have dubbed Jihancoin?
"Satoshis vision" would be 100% accurate and less immature.
A few people would refuse to invest in a highly profitable asset, citing ethical and moral reasons. However, I am not one of them. I don't care much, if Jihancoin can give me good returns. I want to be rich. I am tired of working 12-hours a day.
Don't you all just luurve push polls, with leading language designed to elicit a favored outcome?
You may want to explain what you wanted to say
"Jihancoin", "continue using Bitcoin", "Jihan's fork", ...
If what you call "Jihancoin" amasses the economic majority, those continuing to use what you call "Jihancoin" will "continue using Bitcoin".
And so what?
I still don't get your point. How else, in your opinion, should I have dubbed Jihancoin? Just in case, I put the options in the order which as I thought would reflect the number of votes (personally, I voted for altcoins). I've been right about the top two but somehow I expected that more people would choose to call it a day and leave (if Jihancoin took over), but people seem not to be that meticulous and choosy about Bitcoin ideals and values. Or should I rather say delusions and falsities?
BitmainCoin or JihainCoin is the one that is premined by Bitmain as they have said on their blog (which btw has comments disabled because they woudl get shit on)
Nobody would use it on their right mind.
And JarzikCoin, or frankensegwitcoin, also known as segwit2x fork, has been having problems since day1. In the past hours the testnet has forked due a problem with mined blocks, just read the comments on the btc1 github issues section.
There is no single hardfork proposal worth anyone's time or money. Exchanges that risk it may face massive loses and they will be liable for these loses. On the other hand miners are free to not run segwit2x without no legal consequences because NYC is a joke. Let's see if they are stupid to go through with the hardfork.
Don't you all just luurve push polls, with leading language designed to elicit a favored outcome?
You may want to explain what you wanted to say
"Jihancoin", "continue using Bitcoin", "Jihan's fork", ...
If what you call "Jihancoin" amasses the economic majority, those continuing to use what you call "Jihancoin" will "continue using Bitcoin".
And so what?
I still don't get your point. How else, in your opinion, should I have dubbed Jihancoin? Just in case, I put the options in the order which as I thought would reflect the number of votes (personally, I voted for altcoins). I've been right about the top two but somehow I expected that more people would choose to call it a day and leave (if Jihancoin took over), but people seem not to be that meticulous and choosy about Bitcoin ideals and values (as many think or want to think). Or should I rather say delusions and falsities now?
Don't you all just luurve push polls, with leading language designed to elicit a favored outcome?
You may want to explain what you wanted to say
"Jihancoin", "continue using Bitcoin", "Jihan's fork", ...
If what you call "Jihancoin" amasses the economic majority, those continuing to use what you call "Jihancoin" will "continue using Bitcoin".
If JihanCoin will make me money in the long run and he can convince me that it would remain decentralized, then sure, I would use it.
As it stands right now, I am not yet convinced.
As it stands right now, I am not yet convinced.
Most people don't give a fuck about decentralization
Bitcoin is already centralized beyond any hope as any PoW coin will eventually be (provided it has any value, of course), and how many people stopped using it just because of this? They are going to stay with Bitcoin "no matter what" (as the poll suggests), but they scarcely understand that this genuine Bitcoin is not a lot better than the Bitcoin wannabe Jihancoin. All they care for are either sheer profits ("buy low, sell high") or future financial power which, as some of them strongly believe, Bitcoin would give them when it becomes the next American dollar
some do, with the new bitmain shitcoin chain you will have 100% centralization, which is not what bitcoin have right now, we are not that centralized at the moment
In fact, Bitcoin is not very different in this respect
With Jihancoin we would have an outright mining monopoly, right now we have a mining cartel which works pretty much in the same way, thus it is essentially six of one and half a dozen of the other. And don't forget that Bitmain also ships around 70% of all state of the art miners these days. So if those people you talk about really existed and they did actually care for decentralization, they should have left Bitcoin long ago in favor of some properly decentralized PoS coin or just good old gold since it is decentralized by nature itself
Don't you all just luurve push polls, with leading language designed to elicit a favored outcome?
You may want to explain what you wanted to say
we dont really have a choice now do we
If JihanCoin will make me money in the long run and he can convince me that it would remain decentralized, then sure, I would use it.
As it stands right now, I am not yet convinced.
As it stands right now, I am not yet convinced.
Most people don't give a fuck about decentralization
Bitcoin is already centralized beyond any hope as any PoW coin will eventually be (provided it has any value, of course), and how many people stopped using it just because of this? They are going to stay with Bitcoin "no matter what" (as the poll suggests), but they scarcely understand that this genuine Bitcoin is not a lot better than the Bitcoin wannabe Jihancoin. All they care for are either sheer profits ("buy low, sell high") or future financial power which, as some of them strongly believe, Bitcoin would give them when it becomes the next American dollar
some do, with the new bitmain shitcoin chain you will have 100% centralization, which is not what bitcoin have right now, we are not that centralized at the moment
they also know that is a lot better, otherwise they would buy any shitcoin now and forgets about bitcoin altogether, which will never be the case
Anyway, I always use bitcoin, because it is trusted for me and my friend 
No matter what, people will used the most profitable and most efficient coin according to them, if the jihancoin provides more advantage and the value is better then of course people will choose that coin, but if this incident happened I believe the price will fall down sharply and people will choose alt coin to used rather than jihancoin
Don't you all just luurve push polls, with leading language designed to elicit a favored outcome?
If JihanCoin garners the majority approval of Chinese Bitcoiners, yes, I will use JihanCoin, and I imagine it will work out splendidly. This Chinese FUD is unwarranted and biased. I imagine if the majority hashpower were in the USA, noone would be fearing centralization.
However, it will not work better for Jihan himself or for Bitcoin as a whole, so I pretty much wish that Bitcoin doesn't lose Jihan's Hashpower.
Since I do not like the fundamental principal behind UASF coercive deployment, leaving Jihan little choice in my view, I would also have a hard time supporting the alternative chain on philosophical grounds.
So yes. I will use Jihancoin.
I do not expect that we will come to that though.
However, it will not work better for Jihan himself or for Bitcoin as a whole, so I pretty much wish that Bitcoin doesn't lose Jihan's Hashpower.
Since I do not like the fundamental principal behind UASF coercive deployment, leaving Jihan little choice in my view, I would also have a hard time supporting the alternative chain on philosophical grounds.
So yes. I will use Jihancoin.
I do not expect that we will come to that though.
Jihan coin? Grow up. You've been tricked. Bitcoin ABC will be the genuine Bitcoin soon as it follows Satoshis vision unlike toxic BScore.
all I am going to say is that all this drama and bullshit is just going to kill bitcoin. at some point it no longer will matter if chain splits or not. the merchants and all the rest will simply move to a less dramatic altcoin. why do you think all this time there has been a lot of pump, a lot of advertising the altcoins, .... it is because they all saw "an opening" that we created for them.
If that happens I will consider bitcoin to have died and will sell all my holdings and move to litecoin, but it will not be long before something like this happens in litecoin and then they try to take over that network as well, if it becomes a game of the cat and the mouse in which I will have to move between blockchains to avoid this process then it s possible I will leave crypto.
It looks like I'm in the majority. Fuck Jihan!
Is there really a chance for him to make it? I'd say no.
Is there really a chance for him to make it? I'd say no.
I thought jihan had 15% of the total hashrate, and even if other miners followed the lead, the chain split could lead to big financial losses, especially for holders.
If rationality takes place, I don't think they would go that far, since it would lead to loss of confidence.
That's right. OP is speculating on what would happen if he had some hashpower stacked up, like a hidden army, or made some agreements with miners that are using his hardware around the world. A backdoor allowing him to control all miners produced by his company would be a funny surprise. If rationality takes place, I don't think they would go that far, since it would lead to loss of confidence.
I don't think anyone of us would compromise on anonymity and decentralization. These, among others, are the two very prominent and unique properties bitcoin has and if they are detached from and lacking in any cryptocurrency or altcoins or even bitcoin then I don't think it will be acceptable to anyone but still it would be too early to commit anything. Let's hope for the best.
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We don't know if these are real pools or in fact huge mining farms with some random miners joining them.
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We don't know if these are real pools or in fact huge mining farms with some random miners joining them.
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Maybe spend a bit time researching what pools are private and what are public. Then you could write something of value, not just dumb speculations.
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