Attack didnt stop to give a sense of cool. It stopped because its more profitable to mine btc now. Pure game theory and greed. Non rational behaviour
Topic: The Civil War! (Read 210 times)
The "Civil War" is not over. Those guys just started a shitty revolution that isn't close to be over yet. 2018 will be full of this from January to December.
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Do you think the Big Supporters backed BCH and Segwit2x are done now? Nope. It is just starting, This all about manipulation, leadership and control over Bitcoin and Cryptocurrency. We are talking about Millions of money flowing from the two coins. Big Supporters who are greedy for their own propaganda is not yet done manipulating the community. The attacks "stopped" to pacify and to create a "cool down" for the BTC Community. The Drama is not yet over. We are not yet even close to the Climax of this story.
you would be a fool to believe the "war" is over. it is still going on, it is not about going your separate ways and creating the fork but instead it is all about who gets to be called "bitcoin". and the previous couple of days have proven that bitcoin cash is still trying to attack bitcoin as bad as it can.
and as long as it is causing damages to bitcoin i'd say it is far from over. and the bad news is that as long as bitcoin cash is alive these attacks will continue happening whenever they want to pump it.
and as long as it is causing damages to bitcoin i'd say it is far from over. and the bad news is that as long as bitcoin cash is alive these attacks will continue happening whenever they want to pump it.
Quote
The Civil War is finally over. Bitcoin has had its divorce and there are now two different blockchains: Bitcoin and Bitcoin Cash. What led to this divorce are fundamentally different economic philosophies. Businesses and people engaged in everyday commerce utilize Bitcoin as a Medium of Exchange and fill up blocks through their transactions. They were frustrated because Bitcoin was making their use case more expensive by not making blocks bigger.
HODLers utilize Bitcoin as a store of value and don’t use the blockchain that much at all. They were frustrated because Bitcoin’s security properties were being endangered to satisfy the needs of the Medium of Exchange people.
At its core, this civil war was about how to utilize money. Is money more important as a Medium of Exchange or as a Store of Value? There really isn’t a scientifically verifiable way to answer that question, but we can come pretty close.
By going their own separate ways we can see which economic theory is correct. One facilitates more transactions and thus increases the velocity of money, but perhaps isn’t as secure due to a newer, less experienced developer team. The other facilitates less transactions at present, but is perhaps more secure due to making everything backwards compatible and utilizing a proven developer team. I wish both coins the best of luck and may the truth be found. Read more here...
HODLers utilize Bitcoin as a store of value and don’t use the blockchain that much at all. They were frustrated because Bitcoin’s security properties were being endangered to satisfy the needs of the Medium of Exchange people.
At its core, this civil war was about how to utilize money. Is money more important as a Medium of Exchange or as a Store of Value? There really isn’t a scientifically verifiable way to answer that question, but we can come pretty close.
By going their own separate ways we can see which economic theory is correct. One facilitates more transactions and thus increases the velocity of money, but perhaps isn’t as secure due to a newer, less experienced developer team. The other facilitates less transactions at present, but is perhaps more secure due to making everything backwards compatible and utilizing a proven developer team. I wish both coins the best of luck and may the truth be found. Read more here...
Maybe the Civil War is over...at least this first phase of the sinister campaign to bring down Bitcoin and promote their preferred alt which is, of course, BitcoinCash. Yes, there can more of this type of manipulation and attack in the coming months...that is if a big portion of Bitcoin holders would go along with their agenda.
I have no problem with BitcoinCash gaining strength and value on its own in fact we should be happy with that but it should not be done at the expense of Bitcoin. That is just showing that in itself BCH may not have the value it is seeking for and it has to suck its power from its mother dear.
Oh well, I am now starting to wonder...is cryptocurrency headed to the gutter all because of some people who could not contained their greed?
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