Ok, let break this myth to pieces again. If you have 10 BTC and you get 10 BTC on alternative BTC2 chain secured by 4% of miners which could fork or get attacked any moment, what would u do with those BTC2 chain coins? You d dump them as soon as possible. What happens with the price when faced with instability, attacks and dumping?

Where is profitability there?

Well, not really.

Cause miners will not be mining an unprofitable coin.

Why all SHA256 miners mine Bitcoin and not Tigercoin for example? Cause Tigercoin s an alt and it s worth next to nothing. So all miners will switch to the chain which is actually Bitcoin.
What happened with ETH cannot be repeated cause ETH did not have 95% of the miners swinging one side.

All this is just speculation IMHO and those who ll lose re noobs and weakhands panic selling their coins. It will set back the entire crypto community as well since nobody profits from instability but speculators.

It s very simple, the network does not move without miners. Without miners, there re no confirmed transactions. If there s one chain with 95% of the hashrate and miners, this will be a Bitcoin and this one will retain the price. The other chain will not have sufficient number of miners to protect and move the chain, it will be prone to attacks and forks. Plus it will be clear that s just an alt Bitcoin, which means users will dump that coin big time to oblivion. Nobody ll have an incentive to use it or mine it. Plus it will be a shorter chain.

All in all, it will not survive as a viable BTC competition. That s why all those hoping to see a second Bitcoin are wrong.

Not to mention by SegWit2x lock period, which ll take place next Friday, I expect miner support to go over 95%. Cause the alternative is simply stupid to them.
For us, users, it might even be viable. For miners, it s very, very stupid not to support SegWit2x if everyone else does.

Really. Who s gonna "fuel" the 4% chain? Who s gonna protect it from double spending and forks? Do you even know how blockchain technology works? Do you know anything about longer and shorter chains?

Unless situation changes and miners split on this decision, THERE WILL BE NO SUSTAINABLE FORK. At least no fork which ll exist more then 2 weeks. Not to mention what ll happen to UASF nodes and forked coin once community understand this chain will not survive. It ll get dumped to oblivion.

Yet, people still do not understand that. I guess every education need to get paid. I dont mind you selling BTC, I m just sorry you ll be very, very upset once you understand you sold your coins, fork did not happen and the price skyrocket back.

The stock market is a device for transferring money from the impatient to the patient. – Warren Buffett

SegWit2x support is currently at 87.7% and growing day by day. This is the single almost unanimous support we ve ever had in BTC.

https://coin.dance/blocks

You have not answered my question, if 95% of miners signal SegWit2x, how would fork take place?

There has to be some form of decision making in BTC community, miners have invested millions into their gear, they relay transactions and secure the network. They have a lot to lose if BTC gets destroyed.
Who else should have a decision making rights? An average Joe holding 0.2 BTC? How would this work?

I really do not understand why do you spread lies and FUD. ATM, SegWit2x support s almost 90% and even more miners ll join in the next few days. So at 95% support, for example, HOW THE FUCK WILL BTC FORK?

You people need to read a bit before you spread FUD on the forum. Unless this is intentional FUD.

Dude, you have almost post which means u re not a newbie here, yet you still post these kind of posts "I need some money so let me use faucets which ll give me free money!"

Let us think again, what does you heart tell you, can you really make FREE money on faucets? Has anyone made free money on those useless websites? Not really, that does not work. You ll spend countless hours only to make pennies.

I d generally vote for UASF but these people have simply been unable to deliver what they have promised, considering all the glitches and failures in the code. So I vote SegWit2x, at least that one ll work.

Besides 90% of the miners think so, we ll have SegWit2x.

Not to mention mining safeguard the network, makes your transactions available plus these people have invested millions in BTC. What did you invest since you obviously want to have some kind of saying?

I think the price ll stay volatile till the end of next week. On July 21, we ll have SegWit2x activation start and after two days it ll get locked in. After that, it ll become clear there will be no Bitcoin fork (it s clear even now since support for SegWit2x is 86% but noobs still spread FUD) and BTC will bounce back to $2800+

Yes, exactly, there s really no fucking reason for the price to get dumped besides speculator spreading FUD so they could make you sell your coins, lose money and they can pick them up cheap.

So, you can choose, the smart way or the stupid way. Up to you.

On a serious note, if BTC forks, it ll never regain the trust level it s got now. So you hoping your $12 BTC investment might repeat the entire BTC cycle s really dumb thing to expect. If you re a latecomer, you should try alts and not spread useless FUD. That s what scammers and speculators do.

All in all, I dont have chips in this, I ve moved all my BTC to alts but just make me sick people ask these stupid questions all over again. Especially when, like you, they know the answer. So fuck off, you and your desire of volatility and BTC $3 price.

Well, fucking FUDster have made it. Now u come here and ask again, OMG, what s gonna happen, we re all DOOMED!

There will be no fork, SegWit2x will be implemented and BTC price will bounce back. The only ones who ll lose money are re u panic pumpers. On the other hand, that should be the case. Ignorant idiots should be deprived of their money.

Why would there be a fork? Current SegWit2x support s almost 90%. With current conditions, THERE WILL BE NO FORK so stop spreading FUD.

Do you enjoy seeing crypto bear market? Guess not, then stop spreading SHIT!

Current data show over 86% support for SegWit2x, https://coin.dance/blocks

Miners should start signaling it in 6 days, so having in mind current data, there will be no fork Aug 1.

Sure, there will be a planned fork in 3 months time if SegWit2x gets activated.

Is it good for large mining companies to make decisions about BTC faith like this? Well, I dont see a better option, there need to be some way of decision making. You cannot really expect an ordinary BTC holder who owns 2.5 BTC to be the one who can participate in the decision making process.

Really, so they dont believe in crypto? So why the fuck did they get into crypto at the first place?

I ve been in crypto for 5 years now. You know how many frustrated idiots like this OP I ve seen over the years? Gazillions!

So fuck you OP and your stupid thread.

OP, people like you always complain about BTC centralisation.

Well, whatever proposal it is in the end, it would have to be designed and implemented by someone, a group of people at best. So there s no other option but to make it centralised in a sense someone s got to provide it and make decision which option to choose. You cannot expect Satoshi himself to offer a solution for this or BTC community gets in charge of implementation. Similarly, there ll always be people against it, whatever soltution is the leading one.


I say, 90% of pools want it, these re the ones who invested millions into BTC infrastructure, it seems fair for them to make decisions about it.

What I don't get is if you re afraid of Aug 1, why don't u people exit BTC and get into alts. Do you really think all crypto s cease to exist in 2 weeks?

I don't think it will. We ve had this before.

Bitcoin anonymity is the BIGGEST shit crypto currency has ever faced. It achieved nothing but allowed bunch of scammers, ponzi pumpers and pyramids lovers to find an excellent tool to scam people.

If I have nothing to hide concerning the source of my money, why the fuck anonymity??? Not to pay taxes you say? Well, you do want your kids to go school or your local hospital to work, ha?

Fuck this shit, anonymity s good only for people who ve got something to hide.

This balance of PoS vs MN is described in the paper. It s a safety mechanism which ensures stability of DMD system as well as adequate earnings for smart and active DMD holders.

Your math is incorrect cause not every of these addresses holds 10k coins only. Some re going to be split into more then 1 masternodes. I asses to have around 85+ masternodes when we switch. How this number will change depends on market conditions. This is my best guess not an investment advice.