4000USD as a resistance level has been tested, which is a very good news.
Now if segwit 2x will not be too messy, price -> moon for sure.
Worring part is >90% miner support for it, and core's tough position against it... This hardfork can be more deadly than BCC...
Now if segwit 2x will not be too messy, price -> moon for sure.
Worring part is >90% miner support for it, and core's tough position against it... This hardfork can be more deadly than BCC...
Miners can only mine a coin that they can sell. We have already seen many have no loyalty, they will move to the coin that will pay their electricity bills.
Who is gonna buy all the coins mined, and the all the coins dumped?
Certainly not enough to support 90% of the hash power, so the real Bitcoin will limp along to the re-calc, and then its party over for 2x.
quoting this for truth. afair difficulty can only go down so much at a time, so we may need more than one re-calc, not that that matters much
Am I wrong in thinking that an easy-to-use replay protection mechanism would make it much harder on 2x? I imagine most hardcore bitcoiners would dump the stuff as soon as possible, before it depreciates too much. The effect would make mining 2x quickly unprofitable, so Wu's bribes/threats to the miners/thralls would get too expensive to hold.
Any flaw or oversight in my argument?
we can't upgrade all our nodes with replay protection in time
#tuff_nut_2_crack 
//^#lights_r_on 
