I don't even know what the hell Bitcoin XT is? Probably a new Bitcoin? Sorry for my ignorance, but I'm lost in space
Its an altcoin... and who are all of these people switching??
technically it's only the future upgrade of bitcoin core, not really an altcoin
i think people want to try it out, while supporting the idea of a bigger tx limit to allo more transaction per seconds, which is needed and inevitable
i can't understand relly the concern about it, while chinese miners have their concern that may be seen as a good concern, normal users should not be against it ever, because they have no reason at all, besides being an hater for the lulz
I've taken to calling it a "hijack-coin" and people should be very careful supporting it. Those with large amounts of BTC will try to make it seem like BitcoinXT has a future, just so they can dump all their soon to be worthless hijack-coins to less knowledgeable users. No developer is bigger than Bitcoin, and this attempt at inflating egos to epic proportions is going to fail and going to hurt a lot of less knowledgeable people financially.
Best case scenario, it fails horribly and everyone can be forced to act like adults and reach consensus without attempting back alley deals to hijack the network rules.
Worst case scenario, people are talked into supporting this for the good of Bitcoin. It is then proven that all the hard rules we have come to base our decisions on can be changed at the whim of a few through improper channels, thus killing the vision that many of us had for the future of finance.
I can't say I know everything about this debate, but the seemingly missing piece to me is what incentives are being dangled in front of core developers to get them to act so immaturely and out of character. The methods being used go beyond what I would expect from a disagreement of ideas on an open source project.
