Bitcoin Forum

Increase of BU adoption causes another 20% loss in value for bitcoin.

The question is when will it stop crashing? WILL it stop crashing?

The hard fork hasn't even happened yet and people already realize Bitcoin core is done.

BU destroy all
they will not stop untill BTC disappear
CIA or J..s

It will not, I think the bitcoin unlimited will make the bitcoin suppoters will get separate in the future. In this time with the upcoming of hardfork in the future and the price of bitcoin is overvalued. because the bitcoin orignal holder gets free bitcoin unlimited.

Wow. That's an interesting perspective.

The more likely one, not that you'd acknowledge it, is that money talks and money is saying fuck off hard fork.

hahahahaha, same old bullshit from you!   harfork is not a bad thing when you sit on BTC.  Sure it will create panic or it is creating panic but if one plays it smart making profit easy. Is not every day you get to exist on two chains at the same " time "  you moron.

the downtrend to sub 1000USD is mixture of profit taking , fud and noob panic selling.  900 has solid support and smart people will buy and wait for fork or wait for bounce back to 1100-1200 usd

To be fair, people aren't always right.

All this actually shows is that a lot of people believe that the BU split will mess up Bitcoin, not whether it actually will, and posts like this might even compel more people to sell, so it becomes a self-fulfilling prophecy.

We don't know what the effect on Bitcoin will be after the split - it might even be that Bitcoin does a lot better because of the investments beforehand from people intending to either dump the BUcoin or Bitcoin and move to the other one (the hyperbole will get through to people on different sides to make different investments).

well we are talking about kwukduck  and he is never right

Yep, never right except for the fact that i predicted exactly this months, ago!

Well if BU is trying to be so negative and "destroy" bitcoin, whats to make them think someone wont try to do the same thing to them?  It's unreasonable to think that's not a possibility.

Broken clock...yadda yadda.

I dont think that BU adoption is what causes another 20% crash in price for the core. I think the one causing this was manipulators trying to make profit out of the movements trying to manipulate btc down by spreading fuds to buy btc cheaper. For now for those who still got some bitcoin just hold for now and just watch what will happen in the next few weeks but for those who want to buy this is a good chance.

Looks like bitcoin price is slowly climbing back to the 1100$ range. There is positive movement at this moment. Hope it would continue accordingly.

You are desesparating me : a little crash like there was daily at the beggining and now Bitcoin is done or I do not know what other stupidity. Unlimited is a plague and hopefully it will be stucked at around 35% and will die like all of the other failed experiments to destroy Bitcoin (Classic, XT...).

solution stop bitcoin unlimited destroy bitcoin core
don't follow all project bitcoin unlimited, if bitcoin user not recpect and not response bitcoin unlimited
bitcoin unlimited can stop activity, but if bitcoin user support can run activity

RogerVer's BU is lonesomely incompetent (https://bitcointalk.org/index.php?topic=1819153.msg18247070#msg18247070). Expect a reversal back to Bitcoin Core soon. Last chance to buy under $1000 before the rocket leaves the launch pad to $2000+. (Caveat, make sure my linked point is technically correct first ... I'm waiting peer review...)

If your point is right,then it would be due to newton's rule"For each action,there is an equal and opposite reaction"

Confusing times are ahead of BTCBTCBTC. I don't know if this is the time to capitalize or what.

I can't wait to see when BU lovers will push through their rogue protocol update and after a month or we will discover that BU code is flawed or contain a major bug.
That is what you get when you want to toy and update software worth 20 billion dollars without proper knowledge and long term plan.

when you predicted it? this was just a fluke, that antpool went with BU, but don't hold your breath you estimate is still wrong, bitcoin is recovering nicely and no one will remember BU in few weeks with all its bugs and low consensus support, lower than 30%, antpool was just trying to see if other pool will follow but he will understand that this will not be true

Exactly, it's clear that the BU system is not prepared or tested enough for use on a currency with a market cap as high as $20bn, we're trusting a group which is not trustworthy with something as huge and valuable as Bitcoin and that scared me when within a couple of months of potential adoption we're seeing major bugs being unveiled.

Yeah sure, Roger Ver the CIA guy  ::)

I guess I would rather buy before the fork.  It is where most of the FUD will emerge.  Taking cheap Bitcoin and if the fork produces two Chain then at least I got myself free Bitcoin either unlimited or core and I am sure both of them have value. 

The fact is that bitcoin price has recovered. Bitcoin price is recovering. When will it stop recovering? Nobody knows right? ;)

Come on mate, everyone knows that you’re a well known troll and your account is only used to spread FUD. Have you shorted bitcoin every time it drops by 20% and traded on margin? Jeesus, you probably lost a lot from those trades since every time bitcoin has recovered to its normal price level without fail.

Already up 5.5% today, i wonder when it will hit $1200 again.

Bitcoin for the win.

Bitcoin Unlimited is gaining a lot of hash power.

In fact the Chinese miner Chandler Guo has vowed to switch to Bitcoin Unlimited, which will probably increase the total BTU hash rate to over 40% or even 45% when others follow suit.

Still, most exchanges say that they will only honor bitcoin core as the real bitcoin, so all deposits and withdrawals will be processed as Bitcoin Core and also the name BTC will be reserved for bitcoin core.

Bitcoin Unlimited will be listed as an alt coin on most exchanges.

Bitcoin is steadily recovering. I don’t think that it will crash any time soon, it’s already up to $1100 yet again.

You are so very wrong. The Core developers still has an ace up its sleeve to leverage the miners and the other people who are conspiring to fork Bitcoin away from Core. Plus you think the network is safer with the BU developers? They just released a closed source patch for their nodes. Avoid.

Bitcoin isn’t crashing.

In fact it has just recovered to over $1120 which means that it is nearly the price of the All Time High back in 2013 again. Are you saying that just because bitcoin went from $1250 to $900, and then recovered quickly to $1100+ that is a crash?

I don’t think so.

You probably invest in altcoins, maybe that is why you are always saying negative things about bitcoin.

Back up your speculation with proof and charts, otherwise it doesn’t mean shit.