Topic: Rumor: A massive whale will switch legacy coins for BIP148 coins after august1st (Read 1419 times)
June 10, 2017, 08:14:36 PM
Looks like more and more everyday, Localbitcoins as of now will acknowledge the BIP148 coin as they are calling it. Can it happen perhaps, we should ready for anything because one day something will be done.
June 10, 2017, 07:50:57 PM
The irony is supreme - if UASF will have even the slightest chance of "success" (by that I mean: splitting the bitcoin chain and causing havoc in the space, mostly just a shorting opportunity for investors), they'll need to buy a bunch of miners from Jihan Wu!
Well, the UASF chain would no longer be kept hostage with covert ASICBOOST, which to my knowledge, segwit totally fulminates.
So not only UASF chain is better technologically due segwit, but it is no longer kept hostage with what is basically a 51% attack.
In any case, you don't need to buy mining gear from Jihan:
https://canaan.io/product/avalonminer-741/
June 10, 2017, 07:46:30 PM
The irony is supreme - if UASF will have even the slightest chance of "success" (by that I mean: splitting the bitcoin chain and causing havoc in the space, mostly just a shorting opportunity for investors), they'll need to buy a bunch of miners from Jihan Wu!
I'm sure UASF supporters will find way such as buy ASIC from unpopular manufacture or change bitcoin mining algorithm and back to the day where bitcoin can be mined with CPU/GPU.
I still don't understand this "Change the POW" logic - changing the POW would be the ultimate hard fork, and there is no reasonable assumption that this Frankencoin would be called Bitcoin. It's simply creating another altcoin, but trying to keep the Bitcoin name. Which won't work.
June 09, 2017, 03:58:09 PM
Is that it? Attacks, ad hominem, and shill accusations? Yep, you definitely checkout as a BlockstreamCore Bot.
Absurdity. That's like telling someone who is a flat earth believer that they're an idiot. If you believe in voodoo, of course I'm going to call you out on your delusions. There's already more support for BIP148 than EC.
June 09, 2017, 01:36:31 PM
The irony is supreme - if UASF will have even the slightest chance of "success" (by that I mean: splitting the bitcoin chain and causing havoc in the space, mostly just a shorting opportunity for investors), they'll need to buy a bunch of miners from Jihan Wu!
June 03, 2017, 02:07:50 PM
You're mentally challenged or a paid shill. There is no other way of explaining this kind of absurdity in your statements.
Is that it? Attacks, ad hominem, and shill accusations? Yep, you definitely checkout as a BlockstreamCore Bot.
June 03, 2017, 01:56:17 PM
Do you have any clue who is actually behind UASF BIP148?
Shaolinfry, a litecoin developer.Do you have any clue what is going on in the bitcoin world whatsoever? May want to read this post: https://bitcointalksearch.org/topic/user-beautifully-lays-out-the-reason-for-the-bitcoin-stalemate-1947494
Said the person with zero trade history and zero contributions to the Bitcoin ecosystem. Are you fucking kidding me?Consuming Blockstream propaganda is harmful for you.
You're mentally challenged or a paid shill. There is no other way of explaining this kind of absurdity in your statements. OP, where is your source for this "rumor"?
June 03, 2017, 01:16:55 PM
a self quoting post linking to r/btc. i think i can guess there's an agenda here.
That's all you have isn't it. Bash /r/btc, its evil, omg Roger Ver and Jihan Wu, omg they are taking over bitcoin nooo!!!!!
Grow up children. Try to actually educate yourselves.
Consuming Blockstream propaganda is harmful for you.
June 03, 2017, 01:15:43 PM
a self quoting post linking to r/btc. i think i can guess there's an agenda enforcing a narrative regardless of fact or reasoning here.
June 03, 2017, 01:13:57 PM
Sounds like more FUD coming from Blockstream.
What has Blockstream to do with the starter of this thread? Are you delusional or just outright stupid? Do you have any clue who is actually behind UASF BIP148? Do you have any clue what is going on in the bitcoin world whatsoever? May want to read this post: https://bitcointalksearch.org/topic/user-beautifully-lays-out-the-reason-for-the-bitcoin-stalemate-1947494
June 03, 2017, 01:05:14 PM
You don't seem to know how UASF works. If Bitmain is still stubborn about not supporting UASF and they keep mining legacy chain, if UASF takes over then they will be mining an useless chain that gets wipped.
So it's on their interest to support UASF if starts gaining more and more traction.
So it's on their interest to support UASF if starts gaining more and more traction.
Correct. If anything gains traction, either be it SegWit, UASF, Unlimited, SegWit2x, Classic, or whatever, whoever mines on the "legacy" chain, loses. However, for that to happen, one of the said implementations has to gain (enough) traction.
June 03, 2017, 01:01:02 PM
Sounds like more FUD coming from Blockstream.
What has Blockstream to do with the starter of this thread? Are you delusional or just outright stupid? June 03, 2017, 01:00:55 PM
I think it's cheaper to buy coins rather than the miners, there are so many people with weak hands, when BU vs BIP 148 trading will start everything will be decided by traders, investors and whales, miners will just be mining whatever gives more profit at the moment.
you can't put your money where your mouth is without someone there to mine it. nothing happens with the actual processing. if everyone believes 'someone else'll do it' then no one will. i hope some significant and established hash power comes out in support.
June 03, 2017, 12:59:01 PM
if this whale really wanted to do something he wouldn't be talking about dumping or switching, he'd be buying up every miner on the planet to support the uasf chain at the moment it kicks in. same with all these people wearing hats. bitcoin does not care if you're wearing a hat.
I think it's cheaper to buy coins rather than the miners, there are so many people with weak hands, when BU vs BIP 148 trading will start everything will be decided by traders, investors and whales, miners will just be mining whatever gives more profit at the moment.
June 03, 2017, 12:53:24 PM
Sounds like more FUD coming from Blockstream.
June 03, 2017, 12:46:44 PM
And when a bunch of people put on their Bitcoin hats in 2009, 2010, 2011 etc, it changed the world forever. And will continue to do so. You're underselling the power of hats
June 03, 2017, 12:35:44 PM
Bitcoin does care when the economic majority are all wearing the same hat, that's what Bitcoin is when using your analogy.
But you're right in one way, one whale does not an economic majority make.
But you're right in one way, one whale does not an economic majority make.
don't get me wrong, they're cool hats and they are a display of intent. what happens after intent has been declared is what counts.
June 03, 2017, 12:33:25 PM
if this whale really wanted to do something he wouldn't be talking about dumping or switching, he'd be buying up every miner on the planet to support the uasf chain at the moment it kicks in. same with all these people wearing hats. bitcoin does not care if you're wearing a hat.
Bitcoin does care when the economic majority are all wearing the same hat, that's what literally what makes Bitcoin what it is when using your analogy.
But you're right in one way, one whale does not an economic majority make.
June 03, 2017, 12:22:55 PM
Source, tweet 
How long until he does what he is promising, or until he gives up?
How long until he does what he is promising, or until he gives up?
June 03, 2017, 12:19:03 PM
if this whale really wanted to do something he wouldn't be talking about dumping or switching, he'd be buying up every miner on the planet to support the uasf chain at the moment it kicks in. same with all these people wearing hats. bitcoin does not care if you're wearing a hat.
Jump to: