I am genuinely looking forward to seeing what response you, brg444, icebreaker, hdbuck et al. provide for our entertainment if the network actually forks to classic and no disaster occurs. All that brazen supercilious venom spewed over the last year with potentially nothing to show for haha. I'm glad you're finding it hilarious. I don't. Because I invested non-trivial portion of my portfolio into Bitcoin and I'd hate it all to go "poof!" if a hostile hard fork backfires and the net DOES split into two. Are you willing to bet ALL your BTC that this has a zero chance of happening? I would not be so sure.
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Well I was mocked by some when I made the thread (cognitive dissonance?) but the pattern is very clear now. News that increases likely-hood of contentious hard fork always leads to price drops. When coup attempts seem unlikely and support for them drops price increases.
Some (too many to actually recall) of the notable events:
XT released: huge drop
XT looses support price increases
Coinbase CEO and some other companies gives support to XT, price drop
XT looses support price increases
Coinbase says it is trailing XT, price drops
XT looses support price increases
Classic is announced price drops
Classic claims support of majority miners (admittedly Mike 'traitor' Hearn Rage quit then also and influenced price) price drops sharply
Classic binaries released and Gavin makes more pro fork propaganda, price drops
Exactly. Correlation between any development positive to hard fork and negative price movement is so strong, it's not even funny. And this is still with hostile hard fork probability VERY VERY low. But now it seems that corporate interests behind this hostile takeover attempt are not going to give up so easily. So, probability of hard fork and network split is steadily increasing. Once it becomes a REAL possibility, THEN the actual dump starts.
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What? Racist? What race you even are, Martian?
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Don't get me wrong, I don't have anything against non-native speakers of English. Far from being an arrogant "English Man", I'm non-native speaker myself. But unclear and confused jumble of words that you are producing here does not help to strengthen your case.
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I think that if you are sure that "I just don't get it" I am sure that you not only don't get nothing (much more than me) but even that don't understand what I have write. And that the only thing that you can get and sold as true about everything is only that is true only in your head.
1. Why told you that are more than them signed that pool the people who want to sell in this case? And even with big letters. Have you counted all them in the dream wondered a night ago? Or have hear the discussion had with her girlfriend your best friend and he is well informed about this "fact"?
2. You tell: "No doubt, there are MANY more people who feel the same but just are not so adamant or technically skilled to complete this procedure." From what kind of facts become this your full, unassailable, arrogant sureness, explained with big letters (because I am not capable to understand it with little letters)? Have you again "seen" those in the above dream or on another made one night ago?
3. You must understand that I get only the facts and nothing else. And I speak or write only based on those and not using your above sources. I get that when the number of the people who will want to sell their bitcoins will arrive at that amount get by you in your dreams I will make another post using the words that I will want to write after the get of THE FACTS I WILL HAVE IN FRONT OF MY EYES.
4. Why have quoted only part of my post and not all? Maybe because have not get all that was write there. Read it again and again (but not less that 1 thousand times because I get that if you will read it less, you again will not be able to get the everything needed to make a normal comment) and will get some things that make without sense some of your "gets" of my post commented in your post.
Dude. I would like to respond to your (no doubt, well thought through) arguments. I really would. There is just one tiny little problem - I don't speak Gibberish... So, unless someone translates your post into normal language, we're out of luck here.
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...But for sure know that not less than 23 thousand but even ten times more bitcoins be sold cannot cause some important thing to the price of bitcoin. Are 15 millions are the bitcoins in circulation. So the previous amounts are nothing compared to this amount. For sure will be a dump (maybe even big) of the price but in the same time for sure will be the increase of it at the normal value had before this possible dump.
I think you just don't get it. Holders of 23K bitcoins are by no means THE ONLY ONES ready to sell in case of hostile takeover hard fork. These are only the people who are pissed off enough to vent their frustration publicly. Which is far from being trivial. To do this, they had to understand the complicated procedure of Bitcoinocracy voting, get their bitcoins out of cold storage and then use the keys to sign the appropriate message. No doubt, there are MANY more people who feel the same but just are not so adamant or technically skilled to complete this procedure. However, it requires no such skill to move your BTC to exchanges and sell them. Given that BTCUSD trade volume is in tens of thousands of BTC daily, even disbalance of tens of thousands BTC added to the sell side may crash the price quite significantly.
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Pretty reckless to risk your investment (and Bitcoin protocol) to fix the non-existent problem of full blocks.
Some would say allowing a company to capture the protocol, steer it to their will, while selling lackeys on the idea that it is all in the name of safety and decentralization... would be pretty reckless. I guess it's all a matter of perspective. I find it ironic that you bigblockers keep mindlessly repeating these propaganda points... While it's pretty clear to everyone with even half a brain that such propaganda was produced and fed to you by corporations whose only interests is in centralizing Bitcoin. Like Coinbase and a bunch of other centralized services. Now, talk about attempt to capture Bitcoin and bend it to narrow corporate interests...
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It looks like some holders already started.
Actually, I see the opposite: so far, every dump attempt is bought out pretty quickly. I guess the possibility of hostile hard fork is assessed as very low by the whales ATM. So, they use the uncertainty of the small/retail traders to increase their long positions. The market pattern definitely looks like accumulation to me.
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The amount of misinformation is really astounding regarding how blockchain works. I guess at this stage, no change can be done on bitcoin any more. Let's just freeze the code and prohibit any future change to it so that people get some peace in mind
I don't think it's such a bad idea, actually. At least, this is a preferable alternative to a split breaking the system and the community beyond repair. There is an old sysadmin saying: "If it works, don't touch it!"
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There needs to be a market where they can put their money where their mouth is.
Actually, I agree. There needs to be a futures market of Classiccoins vs. Corecoins. At the very minimum, it'll be much easier to see where the real economic majority is. I think Eric Voorhees proposed something like this recently.
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Куда смотрит Роспотребнадзор. Если серьёзно - это беллитристика. Хотелось бы нечто такое: Хотелось бы. Но издательство готово продолжать развивать эту тему только если первая книга о биткойне будет продаваться. А если все в сообществе будут сидеть на пятой точке и умно рассуждать, о том, что это все никому не нужно...
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Самая популярная в мире книга о Биткойне «Цифровое Золото: История Биткойна» выходит на русском языке. Издательство “Диалектика” только что анонсировало печатное издание, которое поступит в книжные магазины в феврале-марте.
Книга журналиста New York Times Натаниэля Поппера (Nathaniel Popper) «Цифровое Золото: Невероятная История Биткойна» по праву считается наиболее популярной книгой о криптовалюте, вошедшей в список лучших бизнес-книг 2015 года в престижном листинге Financial Times. Книга Поппера быстро стала самой продаваемой по биткойн-тематике в Amazon и других западных интернет-магазинах. И вот теперь этот бестселлер станет доступен и русскоязычному читателю – об этом позаботилось издательство “Диалектика”. Подробнее: http://bitnovosti.com/2016/01/27/kniga/
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С самого начала, я всегда говорил одно и то же: Биткойн – эксперимент. И как все эксперименты, он может потерпеть неудачу. Так что не инвестируйте в него больше, чем вы можете позволить себе потерять. Я говорил это в интервью, на сцене на конференциях, и по е-мэйлу. Так же как и другие известные девелоперы, такие как Гэвин Андресен (Gavin Andresen) и Джеф Гарзик (Jeff Garzik).
И хотя я всегда знал, что Биткойн может потерпеть неудачу, неизбежный вывод о том, что он-таки потерпел неудачу все же огорчает меня. Основы разрушены, и что бы ни происходило с ценой в ближайшее время, в долгосрочной перспективе, Биткойн будет идти только вниз. Я никогда больше не собираюсь принимать участие в разработке Биткойна и продал все свои монеты. http://bitnovosti.com/2016/01/16/mike-hearn-wishes-bitcoin-to-burn-in-hell/
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