Yes that is true, I'm pretty stressed because of the price action indeed. I guess we've had the worst. Let's hope.
Don't worry... I made a dumpload of 'cash' from this madness.  You just have to know when to keep fiat and when to hodl biTcoin...  *Edit: I bought back like 80% of my coins, I keep my 20% to see if I can buy cheaper and then I can go dark to my cold storage. (until the next downtrend, its much harder to trade on a bullish trend, because its slower than the panic mode of bears jumping of cliffs.) |
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York I apologize for publicly criticizing you. Great calls, I must say. Hope you are right. The past week has been kind of stressful for us bitcoiners.
Dont mention it man. We are here to help each other out. Don't listen to him... he is a BTU fan! .. he will convert you to the dark side...  Anyway... "Keep Calm And Buy!" |
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ALMOST 900!!!!!!!!!
Feels bad, man. Who's buying the dip?? |
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So... Bitcoin dies again... Amirite ?!
Yep! ... Next time it will be dying at $2000+ , and we will keep buying like suckers and holding till there is nothing left to sell. |
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segwit requires miner consensus, if not, it has huge potential to split the chain.
if 51% of miners agree that its an "anyone can spend tx" then anyone everyone will attempt to spend it.
To be honest I want Segwit, BTU and all the other f*ckers to be killed in their infancy in their cribs while sleeping! Also... 512KB down from 1MB... and higher fees for transactions! ... THIS IS SPARTA!!!   |
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100% there will be dump, below 900$
Mmm, if everybody starts agreeing with me, I might have to reconsider   Those are the "troll shill bears" club unison singers in the coir of the drunken protestant lesbian crying church singers for time of mourning! ... if you stick long enough around and read all their comments you will hear "FUD acapellas" ringing in your ears when you put your head on the pillow and go to sleep! |
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I have this crazy perspective about the Core vs. Unlimited BTC. The miners saying that their BTU will be the winner is a lot of wishfull thinking IMO. Just because they process the blocks they now somehow own the system??? They're hired help. That's why they get paid to do their job.
If we get the fork with two competing currencies, which one will be the winner? The market will decide, sure. Specifically the buyers. People giving their $$$ in exchange for BTC, not the miners. They really should take a step back and figure out they're not the bosses and they can get fired if they go too far...
from what I understand..with 100 btc (say you own) you get BOTH..BTC and BTU of 100 coins....thus if you just hold and one becomes worth nothing..you still have the same $$$ vs BTC winner that you had before...the price may tank but the amount of BTC you have will be the same...this of course if you did nothing.... (or do I have this wrong?) I just said something similar to this... when they will try to move money back from BTU back to BTC... and one will go up and the other down. |
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I just don't get why they don't understand that people from the rest of the world will follow Core than Unlimited.
Oh, they understand it very well. What they do is not intended to cause hard fork. What they do is intended to cause significant price drop. Shortly, they are bluffing. But bluff has also a price they will have to pay at the end. Well my theory is that its a ponzi scheme, or at least a pump and dump maneuver. Split the coin in 2(double it)... then take that value and invest it back to BTC while the price is down. But... I think people from all trading platforms are reading this thread. And that meaning the price will not go down, but actually go up for the BTU ppl to get jack sh** ... *edit: But... isn't all of this... just an artificial increase in "fake pumping" if it comes back?? Meaning there will be a retracing... or they are seeking to achieve more violent / brutal volatility??  |
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Maybe a large short position was taken out around $950 in anticipation of sales that then got unexpectedly bought up by a raging bull market? Now a very large Chinese miner and fabricator is actually under water to the extent that they are very desperate for a much lower price for its business survival? Such a desperate actor will do anything, including threatening to fork bitcoin or otherwise nuclear options, since it is going bankrupt anyway. Maybe it is as simple as someone who overly centralised power, and therefore risk, around themselves miscalculated with derivatives bets and now wants a bailout, again?
That is exactly what I'm saying from the very beginning of this blocksize "dispute". It is time for Bitmain either be a regular pool or go bankrupt and clear the way for new pools. I just don't get why they don't understand that people from the rest of the world will follow Core than Unlimited. They just don't have the necessary infrastructure. On all exchange we are trading Core! Not Unlimited! ... They are just one of those "Fugazzi" pixie dust believers. *edit: China miners should just F*** Off... because they will not get their way! |
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if btu get more hash it will become btc period~ the old chain will get ditched quick! lol :-D weee
what BU needs is more support in general. What people don't seem to get/understand is that : "Things that where made in the stone age, where more elegant." |
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blah blah blah more fork FUD bullshit blah blah
Thanks for id'ing yourself, my ignore list just keeps getting longer I haven't started to ignore them just yet... I'm curious if they will change their tune after its over 3.000$ or $10.000+ ... would be fun to see if they mature. Anyway... last call aboard the train!!! ... It seems like: "Buy! Or be 4ever left behind!" ... I'm not sure we will see this value, like ever, starting with the next few days. |
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Sheesh. Hope this whole episode is over and done with soon. Can you imagine how this looks to anyone thinking of entering the crypto world?
Price jumping up and down like a yo-yo and most people here screaming 'crypto is dead'. It would be scary as hell to want to invest.
I have been on the scene for quite a while now and seen it all before so I don't get so jumpy anymore but for a n00b they would run to the hills!
Just hoping that things calm down and we can ge on with doing what Bitcoin does best and Moon!
this is not all that 'fun' for those of us who have just held since 2013.....at least the price dump in 2014 was imho due to 'outside factors' not imploding and on power trips by devs of any flavor 'from within' likely nothing will get consensus and we will just have to live with FUD for the next couple years...thus sideways price at best  So... basically at 200$ ... many people would have thrown a few bucks in there for a few coins. But at least like 10.000 people on the globe would have bought every month. Meaning that if it was to go under 100$ .... "the little guy" / "the little people" would have brought up their mining rig to keep it alive... And another 100.000 people would have bought the dip. If it was $10-20$ everyone would have bought at least a few thousand coins. And many of them would just have hodled. And with time creating bull or bear trends. (that we already have set in place) So for now... supply is becoming more scarce! ... And many people just have become complacent and comfortable with BTCiTcoin... until they don't feel safe anymore and will jump to another similar alt-coin, just for the transaction and then returning to bitcoin with a new anonymous 'account'. But many for now that jump to other alt-coins, are just gamblers and try to profit from a bubble. In the end it will be just another sh!tshow. |
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Do we all have BTU's to sell now after that shitshow??
Just wanna know.. if i have.. then that is free money, i can short that and buy BTC with.
Anyone know?
Good luck with that 'scamcoin' ... ... confidence is weak! |
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OKAY WILL WHOEVER IS FOR A 1MB LIMIT PLEASE STEP FORWARD I WILL PERSONALLY SMACK YOU UPSIDE THE HEAD! :-D LOLZZZ
Bring on the 10MB blocks. The network is not run on netbooks anymore. Its a problem? really? But LukeJr says 128k blocks are the future, now im confused.. I think it mostly depends on technology and how fast it evolves. I for one would be for a 768k or 512k right now! ... I'm like... for... save the planet & sh!t... |
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Blocksize was never meant to be some resource that could be controlled by anybody.
Let Bitcoin scale already.
Make Bitcoin Great Again!
Finally, you make one out of three points that makes some sense. 1mb blocksize limits is the current state of bitcoin.. that is correct, and bitcoin was not meant to be easily changed. Therefore, 1mb blocksize limits seem to be the status quo going forward until there is some kind of convincing evidence and/or argument(s) that allows for it to be adapted in some kind of way, whether that is through seg wit or blocksize increases or any other "scaling" way forward. Well until it gets to 10.000$ or more US dollars at the current value (20 March 2017: almost 9 ounces of gold)... until then there is no reason even to go to 1,280MB or maybe it will go to 1,536MB. Those would be acceptable sustainable values for the little guys to not lose market value and in the same time to encourage more nodes. I am sorry to say that what you are suggesting as some kind of means forward STRF, makes little sense. If there is no real justification nor reason (based on fact and/or logic) to increase the blockchain size at all, then it does not make any sense that the blockchain limit should be increased either 28% or 50% as you are suggesting to be some kind of compromise to something that remains NOT at all justified in the first place. I was suggesting it to be used as an inflation/deflation tool. But... there is a good thing about 1MB limit of today! And that actually being: if it will be kept, the little guys will have more to win from it. But I suspect if it will blow up and all the paper fiat will be useless and silver/gold too hard to access, then more people will invest in running a node just to keep "voting system" în place for them to profit and maintain their wealth. Anyway... we are talking about "pixie dust", we will live and we will see what will happen in time... with patience! *edit: And its not 28% ... its 1024KB + 256KB = 1,280MB .... = 25% ... |
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Blocksize was never meant to be some resource that could be controlled by anybody.
Let Bitcoin scale already.
Make Bitcoin Great Again!
Finally, you make one out of three points that makes some sense. 1mb blocksize limits is the current state of bitcoin.. that is correct, and bitcoin was not meant to be easily changed. Therefore, 1mb blocksize limits seem to be the status quo going forward until there is some kind of convincing evidence and/or argument(s) that allows for it to be adapted in some kind of way, whether that is through seg wit or blocksize increases or any other "scaling" way forward. Well until it gets to 10.000$ or more US dollars at the current value (20 March 2017: almost 9 ounces of gold)... until then there is no reason even to go to 1,280MB or maybe it will go to 1,536MB. Those would be acceptable sustainable values for the little guys to not lose market value and in the same time to encourage more nodes. |
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