And you think a billion dollar mining industry will let the core devs destroy their position?
BU will be forced upon us no matter what the economy or users want.
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I'm very disappointed in this whole situation really.
Sure you are, lol. If you read my posts you will know i'm a big supporter of what bitcoin stands for. I'm just disappointed in the community and lack of development.
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We are dropping under $800 soon. A big crash is coming. I'm very disappointed in this whole situation really. People being so deceived by the BU scam.
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You clearly don't know how a hard fork works. It's not just an alt-coin. It takes the place of the other chain.
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It seems to be some GIANT investors manipulating the bitcoin market. Any ideas?? There are no giant investors manipulating right now. This is only the effect of people massively moving towards bitcoin unlimited without knowing they are supporting an even more flawed system than core. Effectively ruining bitcoin while presenting it as some sort of solution. Man dont be this type of guy. Dont scare people that are already scared. You are like some depressive old dude that says everything is going to end bad while you know that bicoin will tripple in value in 2 years. What's wrong with you? I'm not scaring people. I'm just atating the facts. If BU gets adopted we have an even bigger problem than we do now with the scaling issue. BU is fundamentally unworkable, this has been extensively explained in other topics. But people don't care about technical and fundamental workings, they care about hype and getting rich quick. Ruining bitcoin in the process.
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It seems to be some GIANT investors manipulating the bitcoin market. Any ideas?? There are no giant investors manipulating right now. This is only the effect of people massively moving towards bitcoin unlimited without knowing they are supporting an even more flawed system than core. Effectively ruining bitcoin while presenting it as some sort of solution.
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Wow BU at 46% support! Crazy! This thing may go down this very weekend. And people know it. The price is plummeting again.
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With BU adoption rates getting closer to 51% the hard fork seems imminent. Target price is around 75% of the split price. Which will put us under $400.
Is there anything that can save bitcoin?
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Are people really delusional enough to think that there are actual reasons the ETF got denied beyond the single fact that they cannot control bitcoin and it's transactions?
None of this will get approved, even worse, in the upcoming years exchanges will lose their licenses and ahut down. Trump also has made clear atatements about this.
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ProfessionalGoogler, maybe you should google a little more. All this can do is cause chaos and panic, not the future of Bitcoin.
BU is inherently flawd, IF it get's a majority by lying and hyping as they do now it will be temporarily as the system fundamentally can not work. Others have explained this in detail, google it...
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If core adopts segwit, how is that good?
Hey look we have this super complex code that people barely understand and gives the blockstream corporation and banksters direct control over bitcoin, let's adopt that!
There is no good way for this to end really.
For a long time i believed it wasn't too late yet. Now i realize i was just fooling myself, the solution should have been coded and implemented years ago by the devs that still cared about code and economic freedom. Not by the banks and corporations taking over bitcoin now.
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This fork conspiracy, I think, has gone too far. Everyone thinks there's going to be a cut right into BTC mining and split the currency. This will never happen, but people are creating such panic.
First of all, you've gotta love the Yahoo article title. It claims the value has dropped because of a fork. There has not been any fork as of yet and there is not a need for one. BU is responsible for a small portion of miners and doesn't represent the currency itself.
We must acknowledge that this is just bad coverage of Bitcoin and rather the price dropped a bit due to lack of participation in different sectors of the community. Too many people got on the sale train but it will rise in the next week. It's a currency - it will fluctuate. Stop all the FUD about a fake fork.
Stop spreading lies. What's the deal with all these lying core shills? BU is real and rapidly growing numbers of nodes and miners, they are very close to hard forking it. Almost 40% and that's in a very short timeframe!
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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!
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Loving the ride downwards... I only wish I had the funds to make a statement to buy bitcoin.
What statement would you like to make? That you enjoy losing money? We will be very very lucky if we can hold around $500 but i doubt even that value can hold with such a severe fork.
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With BU hardfork happening soon there's not the slightest chance bitcoin core will recover.
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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.
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Well that's what we are seeing right now. Going down really hard now, about to drop under $1000 in just a few minutes.
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BU does nothing just destroy let SW go first then we will see
Seriously? You really want the banksters and corporate blockstream shills to be in control of bitcoin? Already down 10% the last 24 hours and still tanking.
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As BU is rapidly taking over the ecosystem the price is plummeting. Will you be left behind?
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So when does everyone think we will breach, and hopefully stay over, the $1300 mark again?
Bitcoin has all the reasons to have prices like $1500 levels, so the rejection of etf application will not impact bitcoin prices that much hopefully, bitcoin prices will continue its progress normally like what we have seen in late 2016. I'm very much sure we're going to see $1300 again before end of this month itself. The ETF news was a perfect opportunity for traders to manipulate the price in the short term.
That etf phase was good not just for traders also in those times bitcoin got promoted heavily through media coverages when it was outnumbering gold prices. Hence we can believe bitcoin will keep on attracting new investors like the current prices are good time for them to get into. All the reasons? Like not being able to scale? Like having a community that refuses to adopt critical improvements to ensure its very own survival? Like offering no useable privacy? Ah yes this should definitely be valued at $1500. Lol man you're delusional.
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