This shit needs to STOP imo. - page 2.

warboat

newbie

Activity: 9

Merit: 0

Quote from: aardvark15 on November 08, 2017, 04:26:32 PM

Some people that try to do a fork are probably legitimately trying to come up with a better version of Bitcoin. Others like this Segwit fork are just trying to take control and piggyback on the success of Bitcoin.

I think that based on the 9 years of Bitcoin’s history of surviving when most people criticized and dismissed it, BTC will remain as the real Bitcoin. These forks are going to produce altcoins, but it will be hard to supplant Bitcoin as the leader. The best chance of a coin having a greater market cap is just a new altcoin that builds up a track record like Etherium.

Etherium is not a good example right about now with the Parity bug causing millions to be frozen and needing a fork to unlock it.

MiningSensei

hero member

Activity: 766

Merit: 509

You should know that this kind of actions in the market will never stop, dump/pump will always exist because everybody wants to make money, and those who have larger amounts of altcoins/bitcoins are always going to do whatever they want, i mean, if they want to pump a small ico, they can do it, because they probably have more funds than the whole project.
but yes, this was a little bit dissesperating, i have never expected to see that they were going to do this, oh my god, it needs to stop now, but it is impossible.

Pixie.Star*

newbie

Activity: 33

Merit: 0

I'd be happy if they would just put an end to this constant hard fork madness. The constant focus on this is just ridiculous.

NUFCrichard

legendary

Activity: 1218

Merit: 1003

The reason that alts are falling is because most of them are scams or junk.
The king of the alts, ETH keeps getting hacked. It was pumped up due to massive scam icos which are being made illegal around the world now.

It’s good that bitcoin is regaining its dominance, most of its competitors are junk.

warboat

newbie

Activity: 9

Merit: 0

Quote from: Bonanzacoin on November 08, 2017, 04:18:33 PM

Also, people that bought Segwit2x futures just got wiped out. "you know what, we cancel the fork"

"YOU KNOW WHAT?, FUCK YOU!"

FUCK (THE CENTRALISATION OF) BITCOIN

That is good, because futures trading is just gambling on a number and they need to be punished.
Hopefully this will put a dent on Fork betting.

Hugroll

hero member

Activity: 756

Merit: 500

I don't see how the cancellation of the fork is a bad thing for bitcoin, it shows how the dominant chain is the lasting one and therefore does nothing to harm its reputation. the price shouldn't fluctuate by much.

angaper

hero member

Activity: 966

Merit: 507

You should already be used to the volatility of bitcoin and, in fact, all the crypts. I even think that taking into account the great importance of the latest news, the price of bitcoin remained fairly stable, staying in a similar range to the previous days despite the erratic behavior of a few hours ago.

BitcoinPanther

hero member

Activity: 1918

Merit: 564

Quote from: Bonanzacoin on November 08, 2017, 03:07:24 PM

Copy pasted from reddit:

(And i totally agree!)

days and days in suspense of this hardfork. Watching ur alts bleed to death. ICO's tanking.

And now the fork is not cancelled....no.... suspended. THIS ALTBLEED BTC PUMP NEEDS TO STOP! IT just plain fn SUCKS!

China sucked, now these shit fn forks all the time. Pump and dumps. Bitcoin just went from 7900+ to 7400- In a matter of minutes!

Reddit:

So.... this was just a cash grab and a shitton of insider Trading?
Step 1: buy BTC after BTG fork at a low.
Step 2: announce contentious hard fork for "free coins"
Step 3: hold BTC and watch price skyrocket and alts bleed.
Step 4: start dumping BTC around 7k and accumulate cheap alts.
Step 5: announce cancellation of fork.
Step 6: watch alts peak and sell at +30-50% profit off alts, and get back into BTC.
Step 7: start planning the next fork.

This is what i thought too

. Mostly they knew people reaction on certain event. Those who know the flow and ride it can easily get rich with this scheme. Oh well nothing to do with this but ride and get the share of profit. It would only be a waste and most will look at us a crybaby if we whine about this. Sad but true.

European Central Bank

legendary

Activity: 1288

Merit: 1087

it's a free market running free doing its best to screw as many people as possible. i'm kinda impressed it's not even more disgusting than it has been over the years and i think we're gonna discover some truly appalling things about how the exchanges have been operating when they're wiped out by bigger and better operations.

aardvark15

hero member

Activity: 1008

Merit: 510

Some people that try to do a fork are probably legitimately trying to come up with a better version of Bitcoin. Others like this Segwit fork are just trying to take control and piggyback on the success of Bitcoin.

I think that based on the 9 years of Bitcoin’s history of surviving when most people criticized and dismissed it, BTC will remain as the real Bitcoin. These forks are going to produce altcoins, but it will be hard to supplant Bitcoin as the leader. The best chance of a coin having a greater market cap is just a new altcoin that builds up a track record like Etherium.

spazzdla

legendary

Activity: 1722

Merit: 1000

Quote from: Bonanzacoin on November 08, 2017, 04:18:33 PM

Also, people that bought Segwit2x futures just got wiped out. "you know what, we cancel the fork"

"YOU KNOW WHAT?, FUCK YOU!"

FUCK (THE CENTRALISATION OF) BITCOIN

Are you mining or running a node?

ZainSpider

full member

Activity: 221

Merit: 100

Understandable so. But I don't think it was intentional. Probably the devs saw something important and thought it was security risk.

Bonanzacoin

full member

Activity: 308

Merit: 102

Also, people that bought Segwit2x futures just got wiped out. "you know what, we cancel the fork"

"YOU KNOW WHAT?, FUCK YOU!"

FUCK (THE CENTRALISATION OF) BITCOIN

sylance

full member

Activity: 392

Merit: 102

Yea, Bitcoin has been a test of patience and stamina. Between China and all these forks it's been near impossible to predict day to day trends. I use a trading bot and it's been a huge up and down ride. I've decided to put 10% into trading and 90% into buy-n-forget into a few coins I plan to hold for years: Bitcoin, Ethereum, Litecoin, DeepOnion.

kicktracer011

newbie

Activity: 75

Merit: 0

The amount of changes right now are detrimental to bitcoin imho.

I am an amateur in BTC and it was all very confusing when they started the split. Took me a while to get read up on that.

tj4dmx

member

Activity: 70

Merit: 10

Yes,it goes on and on till 1 satoshi could be exchanged for $1 !!

pushups44

sr. member

Activity: 854

Merit: 281

People are giving way too much weight to these forks. The forks will not destroy bitcoin. They will simply shake away the weak hands and allow bitcoin to consolidate for its next uptrend. As I have said repeatedly, bitcoin always bounces back from media fear-mongering.

masterbt

full member

Activity: 136

Merit: 100

This is a continuous trend. As long as price increases there are more fork will happen and it will be big hit or miss.

Bonanzacoin

full member

Activity: 308

Merit: 102

Copy pasted from reddit:

(And i totally agree!)

days and days in suspense of this hardfork. Watching ur alts bleed to death. ICO's tanking.

And now the fork is not cancelled....no.... suspended. THIS ALTBLEED BTC PUMP NEEDS TO STOP! IT just plain fn SUCKS!

China sucked, now these shit fn forks all the time. Pump and dumps. Bitcoin just went from 7900+ to 7400- In a matter of minutes!

Reddit:

So.... this was just a cash grab and a shitton of insider Trading?
Step 1: buy BTC after BTG fork at a low.
Step 2: announce contentious hard fork for "free coins"
Step 3: hold BTC and watch price skyrocket and alts bleed.
Step 4: start dumping BTC around 7k and accumulate cheap alts.
Step 5: announce cancellation of fork.
Step 6: watch alts peak and sell at +30-50% profit off alts, and get back into BTC.
Step 7: start planning the next fork.

Topic: This shit needs to STOP imo. - page 2. (Read 801 times)