Topic: Will you use old Bitcoin if XT wins? (Read 3671 times)
Bitcoin XT was just a failure. There are less nodes than was before at the beginning. That means than Bitcoin Core wins.
Regardless of what someone choses here, at the end the answer will always be that they will use the coin that remains their stable value. The other coin will drop in price, panic sells and that was it for it. That coin will be no alternative anymore.
if people still run core as a minority, won't there be a massive downward difficulty adjustment after however many 'long' blocks,
meaning people would be able to get back into mining as that happens ?
and a price crash as people sell leading to cheap coin ?
meaning people would be able to get back into mining as that happens ?
and a price crash as people sell leading to cheap coin ?
Long blocks are not that bad if you recall that millions people receive bank transfers with 2-3 day delays without any problems.
Price of the both versions will crash anyway because of panic. People quitting Bitcoin for XT won't affect the price too much.
if people still run core as a minority, won't there be a massive downward difficulty adjustment after however many 'long' blocks,
meaning people would be able to get back into mining as that happens ?
and a price crash as people sell leading to cheap coin ?
meaning people would be able to get back into mining as that happens ?
and a price crash as people sell leading to cheap coin ?
Laughably meaningless vote written by likely equally clueless drone. Move on.
Thank you for your competent opinion. "Donator" tag next to your name clearly shows your agenda.
If XT wins, i would sell all my bitcoin for altcoin/fiat than using XT
But, i think XT won't win
But, i think XT won't win
You can sell the XT version of your coins, and keep the Bitcoin version. If they were on the blockchain before the fork happened in January, you will have coins on both side of the fork.
If XT wins i will be on a double spending spree for atleast 24 hours.
If XT won I'm sure you'd have no idea what was going on. No way do you have the intelligence to double spend, because those that do don't talk about it lightly.You'd far more likely be a victim than a winner.
Laughably meaningless vote written by likely equally clueless drone. Move on.
Well i think bitcoin XT will be better than bitcoin.
Everyone may start using bitcoin XT.and if it wins then i may go for XT
Everyone may start using bitcoin XT.and if it wins then i may go for XT
But don't cry after watching the prices rising again.
Only 2 questions:
- Why will the prices go up again?
- Did you write "prices" meaning the price of Bitcoin and the price of XT?
Yes of course we all know that bitcoin XT will never win.
that's why we all are buying bitcoins instead of panic selling them.
And i advice other members also to do the same.
that's why we all are buying bitcoins instead of panic selling them.
And i advice other members also to do the same.
Hehe, noone will fall for this trick. The trend is obviously negative these days.
then it's ok , i don't mind because it's your money. But don't cry after watching the prices rising again.
My motto was to guide members and i've done that and it's upto them weather to dump their coins at low or buy more coins at low prices.
Yes of course we all know that bitcoin XT will never win.
that's why we all are buying bitcoins instead of panic selling them.
And i advice other members also to do the same.
that's why we all are buying bitcoins instead of panic selling them.
And i advice other members also to do the same.
Hehe, noone will fall for this trick. The trend is obviously negative these days.
Of course I will use bitcoin core, I don't care about XT, I will always with official bitcoin core and XT won't win the game we all know this
Yes of course we all know that bitcoin XT will never win.that's why we all are buying bitcoins instead of panic selling them.
And i advice other members also to do the same.
Of course I will use bitcoin core, I don't care about XT, I will always with official bitcoin core and XT won't win the game we all know this
Well, If Wladimir implement a quick upgrade to 8mb blocks... a lot of people would shift back to Core. I think there are a lot of people who wants bigger block sizes, but they do
not want all of the other code sneaked into XT. If XT is crowned "King of the coin" .... I would sell and walk away like the rest... We do not need another government controlled
currency, with dictatorship leaders. I will most probably shift to another Crypto currency serving my needs.
not want all of the other code sneaked into XT. If XT is crowned "King of the coin" .... I would sell and walk away like the rest... We do not need another government controlled
currency, with dictatorship leaders. I will most probably shift to another Crypto currency serving my needs.
LITECOIN!
hell YEAH! ...but we are talking about Bitcoin here, Litecoin has not that kind of problem
i will use XT if many people use too.
nevertheless, old bitcoin is more love than XT, i think.
I think you have a pointnevertheless, old bitcoin is more love than XT, i think.
I may also be used if many are using it
no, i'm not. i still use old bitcoin.
if any queation from all of you, i will say "CAuse i have pleasant with old bitcoin"
so, why i should to change it..
if any queation from all of you, i will say "CAuse i have pleasant with old bitcoin"
so, why i should to change it..
You won't have a choice. It's up to the miners, the exchanges, and the core developers. It sounds like sticking with bitcoin core is like staying with CDs when the world was moving to MP3s and digital media.
It's not up to us lowly users...
It's not up to us lowly users...
Quote
From a Coindesk article:
Who's in favour?
Besides Andresen, Hearn and a few other Core developers – who, tangentially, disagree with the "drastic" and "dangerous" methods of XT – bigger blocks in general have received support from a number of large bitcoin service providers.
Pretty much all of bitcoin's wallets are on board, including Coinbase, Blockchain.info and Xapo, with the exception of CoinKite and GreenAddress. For them, the continued cheap use of the blockchain is a necessity.
Exchanges outside of China have been rather quiet on the subject, while those inside the country, like the mining pools, have publicly backed a 8MB increase.
When Genesis Mining — a large pool with farms across Asia Europe, and the US — took a poll of its users in June, 87% agreed that an increase was a "good idea".
However, the question of whether miners and pools will support that increase in the form of XT, a fork of Bitcoin Core, remains. It currently has 13.7% of bitcoin's nodes behind it.
In an interview in June, China's three largest pools – F2Pool, BTCChina Pool and Huobi Pool – indicated they would not switch to XT, but rather strive for consensus. They present more than 35% of the current hash rate.
Who's in favour?
Besides Andresen, Hearn and a few other Core developers – who, tangentially, disagree with the "drastic" and "dangerous" methods of XT – bigger blocks in general have received support from a number of large bitcoin service providers.
Pretty much all of bitcoin's wallets are on board, including Coinbase, Blockchain.info and Xapo, with the exception of CoinKite and GreenAddress. For them, the continued cheap use of the blockchain is a necessity.
Exchanges outside of China have been rather quiet on the subject, while those inside the country, like the mining pools, have publicly backed a 8MB increase.
When Genesis Mining — a large pool with farms across Asia Europe, and the US — took a poll of its users in June, 87% agreed that an increase was a "good idea".
However, the question of whether miners and pools will support that increase in the form of XT, a fork of Bitcoin Core, remains. It currently has 13.7% of bitcoin's nodes behind it.
In an interview in June, China's three largest pools – F2Pool, BTCChina Pool and Huobi Pool – indicated they would not switch to XT, but rather strive for consensus. They present more than 35% of the current hash rate.
This is what I see happening:
1. XT Is out everyone!! Herpa Derp! 75% lets jump on the Gav coin (peace be up on his name)
2. Two chains live on for a while, with core having much less hashing power. (potential for double spends, whatevs.. wait for 20 confirmations for expensive shit)
3. After a little while all the schmuck's who jumped on Shitcoin-xt start to see signs of even more centralization, black/white listing and other types of fuckary
4. Smart ones panic and sell, and dumb ones get stuck holding a bag of Shitcoin-xts
5. True BTC gets the nodes/hashing power back
6. we all live on happily ever after without mike and gavin (peace be up on his name) and they can go hang out with magical tux.
1. XT Is out everyone!! Herpa Derp! 75% lets jump on the Gav coin (peace be up on his name)
2. Two chains live on for a while, with core having much less hashing power. (potential for double spends, whatevs.. wait for 20 confirmations for expensive shit)
3. After a little while all the schmuck's who jumped on Shitcoin-xt start to see signs of even more centralization, black/white listing and other types of fuckary
4. Smart ones panic and sell, and dumb ones get stuck holding a bag of Shitcoin-xts
5. True BTC gets the nodes/hashing power back
6. we all live on happily ever after without mike and gavin (peace be up on his name) and they can go hang out with magical tux.
Jump to: