OK finally...
Why did the market wait a whole week to dump 10K coins for 3 dollar discount?
Is this it? Or will we dump another 10k and get our $255 coin?
because the fork is actually happening now. This isnt going to be good for the price.
As I understand it the fork is a very slow process.
It is until it isnt. The writing is on the wall now. I am of the opinion this is going to be very bad for bitcoin.
So is everyone supposed to sell their coins and then repurchase them on Bitcoin XT?
And where do you go to buy Bitcoin XT coins?
The whole concept of a fork makes no sense to me.
But I do think people dost protest too much about it.
Exchanges may have to do all the sorting out of the account books, all the burden will actually rest on them.
I guess you could do a one time switch to XT if you desire.
... but then isn't Gavin trying to get people to change the blocksize on the regular bitcoin?
I actually think they should go ahead with the fork. And stop worrying about who is in control.