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Uuummmm you can already speculate on BTU coin if it becomes available for well under BTC price so a 1 for 1 trade is so ridiculous atm no one not even a moron would take that deal.
Roger can go order 130k BTU coin right now if it became available for less so the offer made by this guy is not serious. Rather shows how angry his is he skipped common sense to look cool.
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Thank you Danny, I just heard you can already trade for BCC coins (core) or BCU coins (unlimited) or something to that affect and bitfinex. Kind of a spec play...
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Is there already a way to change BTC to BTU Coin pre fork, like speculation?
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You mean BTUCoin  |
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There will be a BTU Coin, the time is near and plenty of signs, no one can say we didn't see it coming.
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After seeing the report by the major exchanges today and calling it BTU coin along with Coinbase now! Get ready because this means something WILL happen. Time to start dealing in BTU Coin!
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If unlimited win, then unlimited chain is the real bitcoin.
Because its the longest? |
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what is the separation process for dividing them off of the BTC?
if you hold a BTC private key, this key will be valid on both chain this will effectively double your coins, because, using that private key, you will use a BU client to move the coins on the BU chain, and use a Core client to move the coins on the Core chain What about those bitcoin which are on exchanges wallet? will exchange get the BU or will user have claim to it? I read if they are yours then yes you get them. |
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Is there another way ultimately without a fork and the resulting factors of making a choice, new BTU coin etc?
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Wow, really great answers/replies everyone, I can see the different out comes now! And you guys just did all that without fighting because we simply assumed for argument sake it happened Knowledge is power so the only thing left to do is sit back and be prepared no matter which scenario plays out. Two last questions, is there no limit to the number of BTU coin then or is it still the same capacity as Bitcoin? Any marketplaces opened up to BTU coin yet? |
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See this is where I am confused, one person says it will never be or cannot happen, one says it is a duplicate that needs separating, one it will over take and BTU will be BTC and so on....
Lets not argue for a moment, let's assume that BTU is successful, what exactly does it mean, plain English please.
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If a fork is successful and we end up with a BTU Coin, (BiTcoin Unlimited) what do we expect it's value to be and is it treated like an altcoin entirely? I ask because what is the separation process for dividing them off of the BTC?
Thank you
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@franky, regulations do not stop theft, that is true. But oversight and regulations if applied to btc exchanges would mean someone would ay least pay for the crime and detour future attempts of inside jobs.
Fact is when your btc is stolen for real or not from some exchange in Asia, to bad so sad? That is NOT advancement for a new financial system that is going backwards. Right now your btc is not safe on these exchanges and until that changes you are a fool for leaving anything on them.
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It's a flaw because it would defeat the purpose of an anon system.
The flaw is essentially without regulation or oversight then criminals/exchanges are free to set up shop outside US and basically steal away with little to no punishment. There is no way if within the US or fell under exchange regulation and oversight we would see such a brazen theft by exchange operators.
Ask yourself why these exchanges like to set up in the countries they do, it is a license to steal.
What gives them this license and support/deposits is the belief bitcoin is anon and outside US control etc, rage against the machine, be a rebel , anti big gov. etc. These exchanges prey on this belief and use it to steal.
THIS is the BTC flaw, the anon use and anti gov angle sets up its supports to be robbed.
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To me it sounds like an exchange that answers to no one decided to just steal 30%+ of it's customers deposits and replace it with a made up garbage coin and an iou. Likely no hack ever occurred for real.
Nice, no regulation you say, now you pay for it! Bitcoin has it's flaws, huge one's and this a perfect example. You either want regulation or you don't but you cannot have your way and feel the gov. or authorities owe you something as well.
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Is it true the Chinese are launching Toomincoin?
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possible that they are just doing the bare minimum to keep it afloat in the hopes that bitcoin takes off and they can turn a profit (since they pay expenses in fiat but get profits in btc) or to sell it Possible yes, how much LOL I live in Africa  |
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