Topic: RIP Bitcoin, better luck next time - page 4. (Read 5875 times)

It is a whole system migration of the BTC population over to the Free World of ETH it seems.

If so then this could be the just the beginning of the end for bitcoin and it will be the fault of the big wigs trying to own it like they always want to do when they don't have control of a good thing for everybody.
So sad really.

oh it will be less when money flows to up and coming alts. I don't understand how I can have coins on both chains though so guess ill just sell everything

Perhaps we can see BTC down to $100 by the end of this year?

As it looks like people are giving away BTC in exchange for ETH this month, the gap will get closer if this continues by BTC dropping its value and the increase of ETH.

Yep, Im agree with you

Everyone know and that is the fact that in the future bitcoin will be international currency and every power is in support for it so we do not believe on any fud and we need to continue on our way to store and hold our bitcoins and in the future as you are saying we will be happy as everything will be settled and the price will go high.

I agree that is double the profit for you.  Feelings should be killed not Bitcoin if we want to take advantage of every scenario.  I do agree that both party have good intention, it is that FUD is being spread everywhere to take our Bitcoin at the cheapest possible price.  In times like this, we should be happy because if chain split happen, nothing is lost but we get the coins on both the chain.  It may drop in price, but it will recover once everything settles.

How can a few people owning as much as everyone else can make it more centralised than fiat? Bitcoins you own don't give you any power over the rest of them.
Fiat is centralised because the government of a country that issues it can decide to change its value whenever they like. They can print new bills, destroy old ones and even take your own bills from your bank account, like they did in Cyprus. You can't do it with Bitcoins.

They very much can centralise and control Bitcoin.  As the whitepaper says:
So, a collection of dishonest nodes would be more than capable of messing with Bitcoin if they collaborated - with the growing monopolies of allied forces working on BU they could easily carry out a 51% attack and if only a few people owned as much Bitcoin as everyone else it would be even more centralised than fiat currency from the start, which unfortunately is part of the problem with a currency that deflates so quickly.

If you look (by sliding the mouse over the orange bars) you will see that there are both Segwit and BU blocks mined several big mining pools !  This is in agreement with my thesis that mining pools just want to keep status quo, and want to keep both antagonist forks away from consensus.  Which is exactly what immutability is about.

I hope the support is over. Most of the support is from people who don't understand what it is about and those who are heavily invested in it.
Roger has put a lot of his coins to work on this project and it's in his interest to push it through, but we have to remember that he is just a face. There are many investors with full pockets standing behind him, people who think they can get rich on a fork.

How are they going to change POW that won't end up making their own machines useless? what else can you mine with S9 or any other ASICs?
You gotta think like a pro business man, you need to eliminate any possible negative outcome of any major and serious action that you will going to make such actions like hard forking bitcoin with 70% of total hash power and basically start earning $5000-$50,000 daily instead of $500,000-$1,000,000/... would you do the same?
Core miners if remaining are 30% after the imaginary HF still got something worth dozens of millions as mining machines, why would they change the POW and even agree on it? looks like not every one really knows what open source means, you could run version 0.13 or 0.14 and continue mining and staying safe.

If POW compatible with ASIC was a bad idea they should've changed it immediately after the first miner came out, but having ASICs is good shows not everyone could jump on their chair and turn on their PCs and start mining, lol take a look at altcoins such as BERN or other coins which you could mine simply by your laptop.

No one likes the separation of the network. Everyone wants just to not have a fork. But if this happens, I would like bitcoin to remain the leader

Still more FUD..

Good for me, Im buying BTC those weeks


Bitcoin forever

LOL. BTC is green again almost $1000 and ETH is red. So how do they say that RIP bitcoin? Bitcoin is rising again sorry to tell OP. Looks like its time to panic buying of bitcoin. Bitcoin has been crucified more than Jesus Christ but risen from the dead. The whole BU vs Core has diminishing effect on bitcoin price and Segwit has gained some momentum in their favor. A few weeks or months and we will see the price already at $1300 again. So go back and buy bitcoin and make good profit instead of spreading FUD here.

There have been a dozen of "finaldecline" and BTC is always, stronger each time. A fork is a potential issue, but ETH who suffered for a year seems to take "M.E.G.A.". (Make Eth Great Again)
To avoid a period of stagnation and the risk of the currency split, it would be better that they do not fork no concerted, and above all that there was no fighting. But anyway, it will survive. the danger for the BTC is elsewhere,

Interesting, the difference between SegWit and BU signalling is lower than ever. They are exactly 6% apart.
I wonder if that means that rising support of BU is finally over. Will we see reverse trend and SegWit will win soon?
There is still problem of too high numbers needed for SegWit's acceptance though.

^^^^ another idiot that sold at the bottom

Don't worry. miners learnt a valuable but painful lesson supporting BU.

BU mining support is going down as predicted, Segwit rising and as a result BTC is rising like a Phoenix as usual.  

If the chains do split would the best thing to do is this!?:
Just give BCU to China and have them use that coin and their chain while the rest use the blockchain the way it is currently?

Why wouldn't it be the best thing to do this?

They deserve that and see how they can manage with it since they messed up the entire bitcoin fundamentals that it was created on in the first place with their exchange monopolizing the market and greedingly hoarding all the bitcoins being mined being distributed across the entire board.

They should be disciplined and this would be the best form of it. Have them start from trying to build bitcoin unlimited and their network and leave bitcoin for the rest of the world to evolve with cause the rest of the world wasn't as greedy in gaining wealth and money as them! We all want to see bitcoin grow and not become deformed with the path it was going on. It was getting ugly. And not this is the chance it has to split off and continue on it's own path and the Chinese deserve to have BTU and go on their own path with that.

If this is imposed then I am all for the hard fork and splitting off of the chain into two separate governing bodies.
It does after show change can happen when the stock market does this with share splitting when a huge company does the same when they get to big to handle it's exploding popularity of use. And is needed to be done or disaster will happen in the near future.

OP,  The alias you have chosen fits you perfectly well.