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Topic: You're CrAzY if you don't sell before the hard fork. (Read 3763 times)

legendary
Activity: 1022
Merit: 1000
Unless the hard fork makes changes to bitcoin that will help it's long term value.  Then it's a good thing.  I agree a hard fork involves risk, but bitcoin has survived them before and I think it will again.  Of course, if the hard fork is worth it, remains an open question.
hero member
Activity: 1372
Merit: 783
better everyday ♥
I guess I'm CrAzY also since I'm not selling either.   Cheesy

F a Hard Fork, Honeybadger don't care.

hero member
Activity: 623
Merit: 500
legendary
Activity: 1722
Merit: 1000
The idea of having a 2 000 000 000 GB block chain is a horrible one.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
It is a good sign that many are talking about the fork even though there is no set date for it to happen yet.

legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
Hey wait, I just thought of a third thing that could happen! The price could go up.  Shocked Mind F-ing blown!

i wouldnt dream of this, because at the most i think the price will only vary sideways, but if the price goes up because of this hardfork then it is a mindblown
I have no idea what the future price will be. Nor do I care. However previous hard forks have led to a spike; for whatever reason.  Huh
legendary
Activity: 1120
Merit: 1000
So dude, why would it be any different this time?

This time is different because there is much more hostility between the devs now.

And now there are many more blackhat hackers trying to steal bitcoin now compared to then.



devs are not suicidal. They won't let their hostility(Huh) lead them all to downfall.

And I think the blackhat feast was worse in the past, but might be only me
legendary
Activity: 868
Merit: 1006
You are a highly mentally unstable individual or just an individual that wants to be poor in purpose (ame thing) if you don't have 21 BTC before 2021.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
OP's so short he got rejected at the rollercoaster entrance.
OP's so short only satoshi's fit in his wallet.
legendary
Activity: 1904
Merit: 1074
It makes me think of the panic that occured prior to the change of centuary 1999 to 2000 ...

Everyone was predicting doom and massive collapse in everything run by computers. People stocked up on water and food and bought NEW computers and TV's with updated firmware.

Then 2000 happended and life went on as normal... old TV's still worked and people had stocked up food and water for months.  Grin

Previous forks have shown virtually NO significant problems for Bitcoin owners, why should this be any different?

Sit back and buy more cheap coins when other people panic over things like these.  Grin
newbie
Activity: 56
Merit: 0
If you do sell, please use www.gebbit.com Smiley but I think Hard Forks are not a big driving force for the price, nor should they be. The dangers bitcoin is up against has more to do with public opinion I would humbly venture to guess.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination


 they will handle it very smoothly so that almost no one feel the difference



lol, you wish

you think everyone here is a noob or what's the deal with that BS?

If you have never seen a fork happening here around 2013, then your have every reason to fear. But most of the major drivers of bitcoin nowadays have went through that fork during 2013. Devs and pool owners showed their ability to handle a crisis situation (an unintended fork) in a couple of hours and it is that kind of professionalism and conservative approach that you seldom see in enterprise level gives us confidence of the upcoming fork
member
Activity: 84
Merit: 11


 they will handle it very smoothly so that almost no one feel the difference



lol, you wish

you think everyone here is a noob or what's the deal with that BS?
legendary
Activity: 2562
Merit: 1414
Hey wait, I just thought of a third thing that could happen! The price could go up.  Shocked Mind F-ing blown!

i wouldnt dream of this, because at the most i think the price will only vary sideways, but if the price goes up because of this hardfork then it is a mindblown
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
Think about it, a hard fork can influence the BTC price in only two directions:

1) everything runs fine and bitcoin price will continue to vary sideways.
2) the hard fork causes problems and BTC price plummets down to zero

So you see it's either sideways or rock bottom! There's no possible scenario where the hard fork will pump BTC price. It's not like people will think "omg block size increased, let's all buy bitcoin!".

So if you sell now, you're protected from a rock bottom price drop.

If the transition runs smoothly, you can buy back in later.

Sell now to protect you against the remote possibility of the fork ruining bitcoin.

We also had little panic when that hard fork happened during 2013, but then people realized that a hard fork will not hurt existing coins, only out going transactions. And devs have learned from the previous fork, they will handle it very smoothly so that almost no one feel the difference

And the fork might only happen when the current block limit is approaching and there are lots of transactions never get included due to forever increasing queue
legendary
Activity: 1442
Merit: 1016
Oh my god what a stupid OP. Check BTC history and you will see that each hard fork before never had any effect on the price. And with the next one it won't be different!

Hardfork without consensus, doofus
Yes it's different. Other times always was consensus. The baby could rip and most likely will.

Sure! Roll Eyes
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
Hey wait, I just thought of a third thing that could happen! The price could go up.  Shocked Mind F-ing blown!
hero member
Activity: 770
Merit: 509
legendary
Activity: 3598
Merit: 2386
Viva Ut Vivas
Or, like the last hard fork, the price jumps up because everyone's confidence in how resilient Bitcoin is is boosted.
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin
Think about it, a hard fork can influence the BTC price in only two directions:

1) everything runs fine and bitcoin price will continue to vary sideways.
2) the hard fork causes problems and BTC price plummets down to zero

So you see it's either sideways or rock bottom! There's no possible scenario where the hard fork will pump BTC price. It's not like people will think "omg block size increased, let's all buy bitcoin!".

So if you sell now, you're protected from a rock bottom price drop.

If the transition runs smoothly, you can buy back in later.

Sell now to protect you against the remote possibility of the fork ruining bitcoin.

Simple fork wont ruin bitcoin, and the very idea is insane.
There is no way to predict how and will the price even change, but im guessing it will go up 10% for a short while after forking.
Block size increase is important, well better said will be important later as the number of transactions increases.
Move along folks, nothing to see here ..
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