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OP, but no one wants the boring "digital Yuan". The people want Bitcoin. They all love the volatility, the drama and the chance to become very rich and then retire.
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it is indeed a free market, and also bitcoin is open source and under MIT license but this only means you can fork it and make your own thing. this means doing something like Charlie Lee did back in 2011. he forked bitcoin and created a new altcoin called Litecoin. that is why this coin has been serious and alive for the past 6 years.
but when you fork, then use bitcoin blockchain then disrupt bitcoin market, disrupt mining (hashrate like what EDA of BCH did), and start social attacks on bitcoin like what Roger Verr and the shills like @25hashcoin a couple of comments above are doing, that is a clear attack. you can no longer call it "free market".
As long as the "forkers" include replay protection and does not claim that their fork is the "real" Bitcoin then I am ok with them forking away. Another thing we should be against is when the top Bitcoin merchants and the largest miners come together to make an agreement expecting the community to follow them. |
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What is his agenda behind Bitcoin Gold and why is he in such a hurry to do a hard fork before Segwit2x/btc1's hard fork?
to make more money faster. that is why there is a big ass premine anyways. I agree. This is a money grab, taking advantage of the Bitcoin brand. Jack Liao better include replay protection with this altcoin. There are news articles that say BTG is friendly with Core. Ok good,
what part of that is good? it is a useless fork creating a premined altcoin and it is abusing bitcoin's name. any Core developer who is "friendly" with it, is an enemy of bitcoin. Sorry, but that was only my first impression. But yes, I agree with you. but why is there a need for them to fork as early as October 25? Is it a contingency plan? Is someone from Core really behind this?
maybe they want to get their fork and get the chain up and running and mineable before the SegWit2x drama starts so maybe they can benefit from that too. there is also possibility that they want to have it up and running so that all the refugee miners from ETH have a place to go to.That would be a smart move by them if they could maintain the price level at $400 - $500 like BCC. Maybe that is what the funds for the premine is really for. |
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Does anyone know anything about him? A simple Google search says that he is the CEO of LightningAsic. There is nothing written about him besides that.
What is his agenda behind Bitcoin Gold and why is he in such a hurry to do a hard fork before Segwit2x/btc1's hard fork? There are news articles that say BTG is friendly with Core. Ok good, but why is there a need for them to fork as early as October 25? Is it a contingency plan? Is someone from Core really behind this?
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If bitcoin introduces the smart contracts then I think the value of Etherium might dip. Etherium was solely built because bitcoin did not have smart contracts.
No. It is not smart contracts that gives Ethereum its value, but ICO speculation. There is a difference there. ICOs do not necessarily have to be "smart contracts" or "dapps". Most of them are nothing but tokens issued and traded that are backed by nothing but a whitepaper. |
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Anyways i believe this will be very bad for Bitcoin if the sides do not come together and we actually end up with 2 Bitcoins. Could cause confusion, problems, and huge drop in price. Could set us years back.
If you believe that is true then you should question the motives of the developers who want to fork Bitcoin. Why is Core suddenly the villain and why would you think they will "destroy" Bitcoin? Core has the best developers in the field, and they have been pushing the technology forward by coming up with good quality code and ingenious solutions like Segwit. You are lost and stop listening to Roger Ver. |
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What fork do you support and what positive advantages do these forks have on Bitcoin? I believe only a supporter of a fork and people looking forward to split their coins will have the same sentiment as giving them a chance.
I also want to know your thoughts in Jeff Garzik's decision on not including replay protection in Segwit2x/btc1.
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What will happen in BTC bitcoin market when another fork hits bitcoin, results in emerging bitcoin gold as new coin This fork did not gather enough followers. I believe it will be ignored and will be forgotten after several months. Will price of bitcoin go down No. It will not have any effect in the market unlike Bitcoin Cash which made the price drop. Will new coin get popularity like bch  No. |
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Interesting thoughts on that. What's your take about real estate in that regard?
Well, the "state" and current usage of use cases like real estate is something that I would like to find out with this thread. However, I perhaps see more potential for "smaller-valued" but more easily "claimable" goods, above all those that can be accessed online once you have bought the "smart property" token that provides you the necessary access credentials. A prime example would be hosting contracts and other cloud applications. For the real estate investment of the future it could be holding the private keys to control a part or a whole building/house. If somehow, someone could make an IOT device for locks/doors that allows you to send tokens to it to unlock/open them for you to have access. I believe that this use case can also be used in other "smart things" like vehicles and computers. |
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No one will and should spoon feed you such easy to find information. Learn to search for it yourself. There is Google and the search box of the forum. Use them. You can also read the FAQ section of Armory, Trezor, etc. For more beyond the basics questions, go to the Alternative clients subsection, https://bitcointalk.org/index.php?board=37.0 |
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I believe they had a party and saw it as an opportunity when Jaimie Dimon released his statement about him and JP Morgan's unfavorable stance on Bitcoin.
Bitcoin and other cryptocurrencies are untapped markets that can be used by banks to gain advantage over their competitors. It will not be surprising if JP Morgan retracts from Dimon's statement and starts investing in it.
They may already be invested in Bitcoin since a while. As they are also having a big stake in Circle I would really surprised if that is not the case. If they should indeed officially enter the market now with trading bitcoin, to me that means this all was prepared some while ago. You mean Goldman Sachs? Absolutely! I believe their executives see the future potential, not just as a source of investment profit but also of the technology. Once the network scales through the Lightning Network, Goldman Sachs and others should augment their products and service offerings with Bitcoin related services. |
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I bought my btc - DGB for a price of 0.00000693 last August and I'm trying to sell it for 0.00000800 for I hope that the btc will rise this September but I guess I was wrong - It's kinda frustrating to be honest. Of all the altcoins you can choose from, why that? I believe that is one of the technically worst altcoins in the market because it is nothing but a fork of a previous version of Bitcoin. To all my fellow traders out there, Does the price of the bitcoin is bothering you - what are plans ? will you sell or wait?
Bitcoin's price is good an rising and the plan is to keep holding and buy the dip when it goes down. |
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I believe they had a party and saw it as an opportunity when Jaimie Dimon released his statement about him and JP Morgan's unfavorable stance on Bitcoin.
Bitcoin and other cryptocurrencies are untapped markets that can be used by banks to gain advantage over their competitors. It will not be surprising if JP Morgan retracts from Dimon's statement and starts investing in it.
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Well, say straight.
What do you think is coming?
I'm kinda confused, but would bet on a uptrend (on everything worthy). Long term speaking, there is only one way for this market, and that's only up. Short term speaking, the only obstacle that stands in the way of this growth is the hard fork in November. It's impossible to put it aside like it doesn't matter, and due to the uncertainties connected to such an event, I am expecting anything between $3000 and $4000 till we know how everything plays out. I prefer to not do anything at this point, but might start increasing my positions if the market falls well below the $3500 level. That's what worries me the most in the first place. Why would that worry you? We are still in a long term uptrend. Any dip in price, hopefully below the $3500 level as mentioned, would be another opportunity for us to buy more coins. I think the same as you, market can go in both directions in this month, and we all are holding our coins before the new fork on november.. this is not for being greedy, but i do want to receive some free coins, and i think that there is nothing wrong with that. anyway, bitcoin is always unpredictable, and currencies play a major role in the price of it, so we can not expect anything from it, just lets wait for news.
Getting some free coins is not the only good reason to hang on to what you've got just before the fork. It's also a good hedge in case the unexpected happens (although I'm not even sure at the moment which is the expected outcome and which is the unexpected one). As long as you have both sets of coins, whichever "wins" after the fork, you're covered. We are not getting free coins because there is no replay protection in this hard fork. Moving Segwit2x/btc1 coins will be replayed in the real chain and you would lose your real Bitcoins. |
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BitcoinCash is the spawn of Roger Ver. He believes that the Core developers are corrupted by Blockstream and that they are keeping the blocks small to push their own agenda. Roger Ver's solution was to lead the hard fork to BitcoinCash which allow blocks bigger than 1mb. He says that it is in "Satoshi's vision" that all transactions happen onchain rather than using offchain solutions like the Lightning Network.
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I take kwukduck's post as a sign that Bitcoin is back in its bullish run and on its way to reach new highs again. The timing of his posts and the price surge that comes days or weeks later is impeccable. If no one believes me, look at his posts and look at the chart.
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OP, just buy the dip and hold on to your coins. Let the whales beat each other up in the market because there is no way to out trade them. We also do not have the same information that they have to make well timed trades.
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I think they're doing a disservice to their people - the ban is not solving any problems for anyone.
Of course it is. It is solving the problem of malevolent scum from taking advantage on the weak. Many amateur investors have been deceived by these ICO scammers and do you expect the government not to do anything? You go too far by saying that "they're doing a disservice to the people". If you get scammed from your life savings, who do you report it to? |
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Wasn't the last news in that the SegWit2x fork wouldn't be taking place? Even through many sources aren't that objective when covering the issue I don't see how it would take place if so much support for it has already been withdrawn.
Who told you it wont? There is still a good portion in the community clamoring for replay protection in Segwit2x for the safety of the users' coins. Charlie Lee has a "NO2X" declaration in his Twitter username, and many others who are protesting the contentious hard fork. If you have news about it not going through, please post the link. |
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