Topic: Roger Ver holds around 300k bitcoins worth $750 Million and wants the fork (Read 8834 times)

Taxation is theft

So did Roger Ver sell ALL his Bitcoin holding and now holds only Bitcoin Cash?

If he believed in his project then he would have done it on day one of the fork but I doubt he did it. Now he has as many Bitcoin Cash as he does Bitcoin and is even more richer than before.

Apart from making multi-millionaire whales even wealthier and disrupting the community, Bitcoin Cash did nothing and brought nothing new to the crypto world. What a waste.

It seems we will not have to wait long to see if he will do it. The time of the fork is upon us.

Still waiting on him putting his money where his mouth is.... I knew all the shills were talking the talk, but not walking the walk. bcc = bitcoincrash

The worst that he could do was to dump on one of the exchanges which would create a daily possibly a week-long issue for one of the clients but guess what it's going to recover. This isn't like Fiat, the sheer existence of it in your possession is basically meaningless, if you're not a miner and you don't have a mining Farm did you have no power.

The nice thing about Bitcoin is it that means absolutely nothing to the Future Bitcoin. It does me quite a lot to his future, where as he could go from having one of the most valuable coins in the world, to having one of the least valuable coins in the world. But the fact is he's not a minor never has been.

Huh?  Isn't the fork time noon, and not midnight?  So 12 more hours, no?

Great to see so much energy and passionate debate going on here. Well the Bitcoin fork time has arrived so time will tell.

I don't know how the charts are going to look in August.  My practice is to buy bitcoin as the prices go down and to sell as the prices go up.  

You can diversify your monies however you want in various projects, ICOs or alts - maybe you will make money and maybe you will not.  

I think that it remains a good idea and practice to continue to invest in bitcoin and to figure out various strategies that keeps bitcoin as part of your financial and crypto.. but of course it is up to you to determine how much of a percentage you want to put in bitcoin as compared with other cryptos or other investments that you might consider.

Oh, of course with any investment you have to consider both upside and downside potential of any project, and liquidation avenues.  Of course, bitcoin might seem over priced and other cryptos might appear as if they do not have a downside, and you might erroneously get caught up in comparisons and concepts of unit cost without knowing some of the manipulations that may be going on in the background... .. So yeah, it is not always easy to determine how much risk to take or how much upside potential one project might have as compared with another project. 

Your appeal to authority should not carry much if any weight.  Do you realize that Satoshi has not participated in anything related to bitcoin since sometime in 2010.  He pretty much vanished.  Whether he is dead or not does not matter because bitcoin is no longer about one person, but instead a product of a community and such community is going down the segwit road.  The current status of bitcoin includes segwit, so sure either you can work to attempt to improve or to evolve segwit, but the consensus is segwit and that is the new and improved bitcoin (whether you personally believe it is improved or not)

And, by the way, this segwit is not "completely different"; it is an evolution and a new phase of bitcoin.. Is it going to have plusses and minuses, possibly, but arguing about whether a done deal should not be a done deal, seems a big fucking waste of time, because it is here and part of our current status quo bitcoin.



BIP148 did not activate or go into effect.  BIP91 was locked in before BIP148, and maybe you are referring to BIP141?  Anyhow, BIP141 (seg wit) is in the process of locking in and then activating.. that is right.



It's already locking in and activating, what can "we" do about it?  It already has overwhelming consensus, so why fight it?  just work with it, and if you don't like it, then find another more suitable coin and invest in that.  You can choose the extent to which you invest in bitcoin, and if you believe that bitcoin has become less valuable, then you can direct your finances towards other projects and even diversify a bit.

I personally see no reason to take my money out of bitcoin or to consider bitcoin as diminishing in value because of seg wit.  I consider segwit to be very good for bitcoin, and it has pretty much been uncontroversially good for bitcoin on a technical level since it's late 2015 introduction.  Sure, later  in 2016, the big blocker nutjobs begun to spin segwit as if it were some kind of controversy, and the fact of the matter is that it is very widely received, except for by fringe elements that are trying to distort it and to describe seg wit as some kind of monster because they are merely in the ongoing process of being disgruntled and spreading of disinformation and emotions and ongoingly wanting to be involved in the direction of bitcoin in spite of their lack of an ability or a willingness to attempt to work within the open and democratic systems that are already existing through core.

Being in BTC for years, I am reading this forum since 2014, enjoying the interesting posts, especially in the WO thread.
I never felt the wish to post anything.

However, recently, I see many members of the BTC community arguing wildly, I see name calling, and hostility been spread.
Yes, people were always throwing shit at each other. But I find this shit throwing to be at an ATH. (Like the BTC price )

I mean it's just a group of people being unhappy with the ongoing BTC development.
So they want to use this open source project in their own way, by forking off / splitting the chain and making use of their preferred parameters.
Aren't they doing with it what an open source project is made for?: To use it in any kind of way you like, and to play around with it..?
This is an (historical) experiment, and it's still in its infancy. So I'm very happy about any competition of ideas in the market.

If there is disagreement about further development, anyone is free to split/fork off the chain, at anytime.
I see this as the beauty of this system, and as a strong reason why Bitcoin is able to provide a healthy competition of the best ideas.

If BTC is so fragile that it might suffer, because of a forked off BCC, or that it might be even outperformed by it ... ok...good

What is to loose?  Any btc holder here can be part of the established, AND the new chain...  by just doing nothing... plainly hold the new free coin that is said to be worthless by so many anyways..

If BCC goes down like many seem to think, so what?
And is a possible price volatility in orig. BTC bad? Since when? If someone wants a stable investment Bitcoin is def. not the place.

May the best and most secure chain succeed.
If it wins against Visa. etc, everyone here is still be considered an early adopter.
So what's to worry anyways..

Senpai, tell me how the chart will look like in august. Although I believe strongly in BTC, I also believe there are better alternatives out there and/or to come in the future. Bitcoin isn't the one coin to rule them all, it's just the first building stone in something far bigger.

Sounds like a funny thread... 

"We define an electronic coin as a chain of digital signatures"  https://bitcoin.org/bitcoin.pdf

And Segwit is removing this signatures from Bitcoin into separate application. I wonder if it remains it remains Bitcoin or smth. else? Satoshi did it one way and Core is doing something completely different.

So let's say straightforward: BIP148 undoing Bitcoin into smth else. Bitcoin is being destroyed with its place being taken by smth completely different. Why on earth, under suck circumstances, should we adopt this shit, instead of just increasing block size of what we all know and love as Bitcoin, which main definition is, as u know: "electronic coin as a chain of digital signatures"

What do you think about this, my dear friend?

I did not say "testing".  I said spamming.  It is a form of attempted sabotage to create an impression that the blocks are full when they are not.



How the fuck do I know?  We take one step at a time, and segwit seems to be the next step and is bullish as fuck. 




Core has not been coerced to do shit.  Big blocker nutjobs have been engaged in various kinds of sabotage in order to employ coercive tools, hostage taking and terrorism.

segwit appears to have gone through because of various combination of compromise procedures.  The 2x portion does not have any kind of locking in method, and that is why the big blocker nutjobs remain incensed.. because segwit is coming to bitcoin and there is likely going to be less and less and less justification to employ any kind of 2x software in the near future, at least in the next couple of years, and maybe longer.

But the big blocker nutjobs will continue to whine, even though they are going to have their own useless and likely buggy-ass fork.




Peter Rizun is another one of those bigblocker nutjobs who have been living in a fantasy land in the past couple of years, engaging in a large variety of arguments to get more say in bitcoin and to get the blocks increased.. but in the end, he doesn't have enough convincing power to get core to go along with some of his ideas, because his ideas are deficient in a variety of ways.. and when you get down to attempting to rely on authority, such as what Satoshi, supposedly wanted, then you are employing status rather than actual meritorious arguments and real technical importance.  Those are a bunch of continued attempts at technical diversion from guys who are unwilling and unable to work within the existing core system to get their arguments adopted, so they resort to bullying and terrorism tactics.

So basically you're saying that all these delays were due to "testing" of the system. Can u explain me - has 1Mb block enoughcapacity  for at least 1/8 of population of Earth to use Bitcoin without interruptions? Given that no one is testing Bitcoin network? Cause if it is, then Core was coerced to implement Segwit2x? Was it blackmailing?

Peter Rizun says that definition of Segwit is contradicting the very foundation of Bitcoin, that was laid out by Satoshi himself. What's your opinion on this matter?

You are living in a dreamland, and stating facts that are counter to real logic and dynamics.

There have been all kinds of usage in the past few weeks, and the mempool remains without much of any backup and with very low fees.  The spamming stopped a few weeks ago.. not a coincidence, but big blocker nutjob miners stopped aiming their mining power at attacking the network... at least temporarily.

   About this. IMO this might have happened coz many people stopped using bitcoin and mempool was not so stocked, fees reduced accordingly.

Very well put and very articulate. Am impressed with your presentation of your opinions. Thank you.

Well, I am not happy about the fork but things will become very clear in a matter of hours....

yes newbie, I have been participating in these forums for about 3.5 years, and I could have given a ratt's ass about any of this scaling discussion or the direction, until about late 2015 when nutjobs like yourself started coming out with a variety of technical arguments to suggest that bitcoin was broken and needs on chain scaling solutions, blah blah blah.. starting with XT then classic, then bu then hoping for the 2x part of the NYA.. and then now desparation with a stupid-ass hardfork with bitcoin cash.

NO, I am not part of any religion.. it is called facts and reason.. rather than your pie in the sky assumptions about bitcoin being broken.. and your desire to get 2x and hardfork, but really you guys do not give any ratt's ass about the technicalities , because you are emotional nutjobs who are just seeking to change governance by working outside the core system and getting emotional and personal about core.. rather than recognizing core as a open democratic and merit based system.. but your nutjobs cannot work within reason.... so they act like bullies by employing ongoing threats in order to attempt to get their way....


so, yep, seg wit will bringing lot's of good things to bitcoin and allow for a lot of possibilities to employ various tools that might not be directly on the blockchain but they are tied to the blockchain in various ways.. .. a great and powerful thing for bitcoin to make bitcoin powerful, decentralized and more difficult for TPTB to disrupt in any kind of way... Hopefully you are going to be able to join in rather than just be fighting about nonsense and engaging in ongoing whiney attempts to undermine bitcoin in ways that are not based on reality.