Of course it's dropping. What did you expect?
BIP91 lock-in doesn't mean anything.
We will still have the SegWit and SegWit2x hardfork.
We will see 1500 again in the next day or two and itbwill probably drop much lower from there as we approach the break point of 1 August.
And all of that because some people are impatient and don't want smooth protocol changes. Or rather they are in the pocket of Mr. WU.
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Nothing changes. Bitcoin will still hardfork. Bip91 is irrelevant. The split is SegWit vs SegWit2x. Impatient parties pushing miners to conform to 2x while the users just want SegWit in a normal way. This will cause disaster in the bitcoin economy so, yes, we will see sub 2000 again very soon.
After the activation of Segwit through Segwit2x which is about to happen, hardfork will take place in November which is quite far away to speculate anything about price. I didn't understand your point of splitting between Segwit and Segwit2x as Segwit2x is bringing Segwit. They aren't competing. As Segwit is about to get active, thus, BIP148 won’t trigger the orphaning of non-Segwit signalling blocks at all. Hence, no splitting. SW2x is completely unnecessary, badly coded and causes tension within the community. Just because a bunch of miners were basically tricked to sign up for it doesn't mean the users have to. Regular SW resolves all the problems we have and ensures a smooth road for the future.
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If you do your research you'll see that bitcoin will split in the near future, resulting in two versions of bitcoin, both claiming to be the real bitcoin. This will cause complete havoc in the bitcoin economy, crashing the price to new lows. That's where you'll have a small opportunity. But make sure to cash out after you make a little profit because a complete recovery is extremely unlikely.
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Nothing changes. Bitcoin will still hardfork. Bip91 is irrelevant. The split is SegWit vs SegWit2x. Impatient parties pushing miners to conform to 2x while the users just want SegWit in a normal way. This will cause disaster in the bitcoin economy so, yes, we will see sub 2000 again very soon.
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This is exactly why Monero will be banned in every single country. Banksters and governments will never allow us such freedom. As great as monero technically is, it's doomed to fail because of our social and political environment.
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From a technical perspective ETH could run BTC as an ERC20 token on the ETH blockchain, together with hundreds of other tokens....There is nothing BTC can do, that ETH cannot. If BTC wasn't a first mover, we would not even have this discussion.... Yeah with proof-of-vitalik we surely have a solid house of cards to build on... oh man... *facepalm* Somehow i expect more technical insight from people with 1000+ posts. What a bunch of baloney, ETH does not need Vitalik...just like BTC does not need Satoshi. Vitalik does a great job but ETH will move on without him and certainly ETH mining is a lot more distributed than BTC, the Chinacoin, which almost became a Bitmain coin.... All it takes to destroy BTC, is a decision by China to do a 51% attack, they could do that tomorrow, and it's curtains for BTC You don't seem to understand how PoS works or don't see its inherent problems as such. I'm confused how you would even dare to talk about centralization in comparison to Bitcoin, assuming you have a rudimentary understanding of Eths fundamentals beyond the mining process. Accepting or ignoring that is a choice of course but deviates quite far from the philosophy with which Bitcoin was designed and gets us right back where we started.
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From a technical perspective ETH could run BTC as an ERC20 token on the ETH blockchain, together with hundreds of other tokens....There is nothing BTC can do, that ETH cannot. If BTC wasn't a first mover, we would not even have this discussion.... Yeah with proof-of-vitalik we surely have a solid house of cards to build on... oh man... *facepalm* Somehow i expect more technical insight from people with 1000+ posts.
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I have to admit i didn't see that coming. But remember we still have 10 days to go before the chain split. It can easily fall to levels way below what we have seen last week. I can only hope bitcoin survives and developers learn to address issues in time instead of waiting till it's too late. I've been complaining about this for years!
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Bitcoin is a decentralized currency, while ETH is a centralized option
IMO This is the only thing that matters. That's only where the problems begin. Still a nice speculative vehicle
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Welcome to the forum Mr. Shill. Nice first post. As much as ETH will rise, it will not displace bitcoin, it has a completely different setup, use case and works fundamentally different. Although i believe there is good profit to be made with ETH, it is based on PoS, or in this case Proof-of-Vitalik. Which means it just another shitcoin hidden under a whole lot of brilliant ideas. Still good for speculation and making a lot of money though.
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Hey is today a dead cat jump day? I think it could be. Im worried by the fact AlphaBay is down, knowing that XMR being used in there it was a key factor that drove the price high almost a year ago, whats going to happen now? Back to 5$ soon?
Thanks
soon Moneros privacy/anonymity has been compromised for some time now. I'm surprised it even got this high knowing it's no longer safe to use. FUD from well known Troll. Yea sure all fud... look here for a nice blockchain analysis.... monerolink.com Oh wait isn't that supposed to be impossible? Hmmm....
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Hey is today a dead cat jump day? I think it could be. Im worried by the fact AlphaBay is down, knowing that XMR being used in there it was a key factor that drove the price high almost a year ago, whats going to happen now? Back to 5$ soon?
Thanks
soon Moneros privacy/anonymity has been compromised for some time now. I'm surprised it even got this high knowing it's no longer safe to use.
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Lol you're right about the bloodbath not being over. So wrong about UASF though. Nobody in his right mind will run your badly coded fork. I have 40 connections on my node of which exactly 1 UASF. Keep spamming it everywhere though, Bitcoin isn't having a rough time as it is. Keep dividing the community even more... Cores roadmap is fine, it's smooth and planned. Nobody needs that badly coded shit you're trying to push. We will get what you want anyway through core if you're just a little patient. Ah sorry i forgot that's not what you want, you basically want a muntiny and take over Cores position.
As much as i've bashed core in the past for being passive, they have by far the best team and skillset to resolve the scaling issues, SegWit takes care of it for the forseeable future already and blocksize will increase over time, smoothly without pushed forks and panic.
But hey don't hate. People use my speculation as insight to do the opposite xD Which unfortunately for my wallet seems to work for many of them when it comes to trading.
You are full of shit. UASF is not trying to take over Core's spot. You are mixing UASF with Bitmain. In fact, UASF is Core. (partly) If It weren't UASF, we were still talking over full blocks, high fees and other crap. Look what we have achieved because of UASF that you despise so much. Chill out duck go grab a beer. What a load of bs. SegWit was long planned and would solve these issues without any forking attempts. So if these problems were already being addressed by core, i ask you, what IS your true agenda...? You just can't wait a bit to let SW activate smoothly? I think it's something else... considering the impact of these choices...
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Everything is up and looks bright as ever. Is the bloodbath over?
Nope It has just started. The real bloodbath will happen after segwit upgrade in November. We don't even know if we really gonna get segwit before August 1. That's why many people still run their UASF nodes, so they make sure of that miners will honor their word. But that's not the end of our problems. In November, Miners will attack the network again and demand a blocksize increase. Some might name this act as a coup on bitcoin. If miners don't get their shit together, we are doomed. Lol you're right about the bloodbath not being over. So wrong about UASF though. Nobody in his right mind will run your badly coded fork. I have 40 connections on my node of which exactly 1 UASF. Keep spamming it everywhere though, Bitcoin isn't having a rough time as it is. Keep dividing the community even more... Cores roadmap is fine, it's smooth and planned. Nobody needs that badly coded shit you're trying to push. We will get what you want anyway through core if you're just a little patient. Ah sorry i forgot that's not what you want, you basically want a muntiny and take over Cores position. As much as i've bashed core in the past for being passive, they have by far the best team and skillset to resolve the scaling issues, SegWit takes care of it for the forseeable future already and blocksize will increase over time, smoothly without pushed forks and panic. But hey don't hate. People use my speculation as insight to do the opposite xD Which unfortunately for my wallet seems to work for many of them when it comes to trading.
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Of course the bloodbath isn't over. The hard fork is two weeks away. Even the weeks after that will be complete chaos when the community fights about which bitcoin is actually the real bitcoin and we have two or three bitcoin tickers on the exchanges.
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How low will bitcoin fall? sorry ducky, the price fall below $2000 was the last time you could get your hands on cheap coins below that mark. it won't happen ever again unless fools in the future start the FUD machiens up again. here is all you need to know about that warning:https://bitcointalk.org/index.php?topic=2027513.0You really think people will not start dumping bigtime once the chain has split maybe even in three...? Sorry mate, it will be complete utter chaos.
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Prepare for a panic shitstorm and sub $1500 prices. The charts are going to be magical tonight.
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How low will bitcoin fall?
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2017Bubble = kwukduck. It is obvious.
Not to me, it isn't. I need to hear it from him. I just bought about BTC50 and I'd like some reassurance from his reverse crystal ball that I've done the right thing. You want to hear me say that was stupid? Yes it was, price will crash a lot more as the panic and chaos increases for the weeks to come. Consider how far it has crashed so far, and how much time we still have to go until the chain split. I can tell you the crash hasn't even started yet!
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Keeping ypur coin ? Offline and online wallets? Why bothering yourself for such a thing,just do a simple thing.convert all of your bitcoin into altcoin(potential altcoin of course not a shitty one) and then hold it. You will lose it ? Nah no,because iam holding an altcoin not a bitcoin.
What happen if segwit fail? So what? Worst case bitcoin price will only drop how about altcoin ? And in the near future we can see another 'segwit' or whatever they called it.
So what happen if it's successfull ? Considering yourself investing in longrun.
Nothing to lose right ? So simple
Yes, nothing to lose except free Bitcoin on the split chain, which you can sell again for real bitcoin. Unless you want fiat of course.
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