Allow me to simplify.

Don't fuck with my money.

This isn't an "experiment" anymore. The moment people incorporated it into their lives and DEPEND on it -- it ceases to be something that you can view as your personal petri dish.

Let me paint a theoretical picture for you:

You, enterprising software engineer have the itch to change Bitcoin. Maybe you do, through hook or crook, and the entire ecosystem falters.
Do you really want to be the idiot in the hotseat when millions of pissed off former Bitcoin holders come looking?
I'd think not.

Take this shit seriously, and don't propose changes just to soothe your ego. This is a real system that people depend on. We could give a shit about how clever you think you are.

Don't fuck with OUR money.

Got it?

Listen up, and listen good.

If you think changing Bitcoin's issuance or fee structure makes sense -- then I can tell you as someone who has been deeply immersed in this since 2011 that I'm not going to go along with it.

First -- no one is giving the original design a chance. Why in the fucking fuck are proposals to change something that hasn't even run a decent course in the first place? If you're bored, go program something in assembly, leave Bitcoin alone.

Second -- malleable monetary policy isn't why I'm involved with Bitcoin. You try to change this, I will evaluate and likely dump/leave. This also goes for proposals that try to pursue altcoin strategies for Miner Extracted Value..

I'm not alone, and I'd rather you fucking fuckers worked on problems that need solving instead of being tempted to twiddle the knobs on the best scarce digital asset on the planet. Seriously, what the fuck. Just fork it and make your own nightmare, thanks.

There's a saying in China, that roughly translated amounts to "If you can cheat, then cheat."

I don't trust Bitmain at all. They could tell us they "sold out" of their inventory, and for all we know they're lying around in their warehouse, or mining for Jihan instead. The slow bleed of Bitmain has accelerated, and its very possible they could be in bankruptcy by the end of this year. They're taking a huge hit on defending BCash, which by the way they've pulled back on, they have less than 14% of the hashrate under Antpool. No doubt powering down in places where it isn't profitable, and switching to Bitcoin to make up for some of their losses.

Marginal miners fall out all the time, its part of the process. The recent hashrate decline took back 6 months of added capacity, but it isn't a nightmare scenario. Bitcoin is still safe, still not about to be 51%-ed by anyone any time soon. Its the faltering alts and altforks that have to worry during a Bear market.

Several coins have been 51% attacked, and successfully too I might add. Capital misallocation always gets rewarded with big losses. Look at Coinbase, now to be known as shitCoinbase, because they're desperately trying to add more tokens to boost their revenue.

Watching BCash and shitCoinbase implode will be pretty hilarious. And they deserve every bit of it.

Dear Coin Idol -- when an exchange says it will DELAY offering a product, it doesn't mean its fucking SUSPENDED.

But since you're a garbage crypto rag, I don't expect you to know the difference.

Keep churning out those shitty articles, and your comically inept graphics that goes with them.

We've been through this more than once.

https://howmuch.net/articles/bitcoin-all-major-crashes (Updated to include November.)

We're in a Bear market after the all-time highs, which happens every goddamned cycle. Anyone else talking about "what made it do that" doesn't know what they're talking about.
Backfitting news on to events is something CNBC does, why follow their example?

As for ETH -- its a future shitcoin from their scaling problems. They kicked the can, govt debt style, by removing the logic bomb that would have frozen their chain. All this does is
allow fancy terms "plasma" and "sharding" to be bandied about without any real resolution.

Proof-of-(mis)Stake is going to be the biggest debacle that 24 years-young-Vitalik has ever made. I think he's realizing this, since he was part of the group that decided to delay.
In addition, Vitalik has decided to "step back from the project", which tells me he's trying to do a side-exit before it all crashes down and he gets (rightly) all the blame.

It wouldn't surprise me if he got all chummy with the Cashies, since he's been hanging around their events and popping in on different meetings they've had.

You read it here first.

Coin Idol is garbage.

http://cash.coin.dance

RogerCoin and CraigCoin are both losing hashrate, relative hashrate between RogerCoin and Bitcoin has fallen to 3% or so -- a new low -- http://fork.lol

The combined value of both RogerCoin (BAB on cryptowat.ch) and CraigCoin (BSV) are far less than what BCash was before the fork -- and that was before the big decline in all cryptos.

They have lost ground, and diluted their hashpower over a silly ego war. Good riddance.

CoinIdol is such a piece of garbage.

I feel sorry for the artist they conned into doing their dumb splash images for each article, too.

And it gave birth to Tether -- you really know how to "enable" the worst, don't you.

That whole "stablecoin" trend is absolutely inane, just like your original whitepaper where you bragged about "Bitcoin 2.0".

No, no, don't tell me -- you love Tether too.

Just wait when Coingeek/Calvin Ayre pulls his 23 - 30% hashrate from BCash.

Then they'll be open to fork attacks just like this one.

Should be highly entertaining.

Maxwell has a great grasp of the inner blockchain mechanics.

If anything, I'd side with him in a situation like this. Lets not let some long-standing bug turn into a "feature" that is dubious at best.

I'm not in this game for more coins to be created other than the established schedule, or any of this "forward" block bullshit.

I bet you anything the author of this article just ripped it from cointelegraph to monetize it on Steemit. A lot of n00bs love doing that shit.

Second, I give all these shennanigans a 1 out of 4 Goxxes for potential implosion. Possible escalation of this rating to follow if Bitfinex doesn't clear up their deposit problem by October 16th as they're claiming they'll do.

Remember Gox and "Two Weeks" or "Soonish?"

This is feeling verrrrrrry Goxy to me.

Read this -- https://www.reddit.com/r/BitcoinMarkets/comments/9obzf2/why_tether_could_collapse/

Lack of deposit options is creating premium differentials in BFX's markets compared to others.

And since they're intertwined with the operation of Tether, issues there too.

"Stablecoin" my ass.

Hey, at least the disastercoin/omni bullshit allowed the creation of Tether!!

Wait, where are you all going?

< running footsteps as the room clears >

Naturally the architect of this shitcoin cashed out long ago, so that's a wrap! Next time, when someone gets a certain look in their eyes and tells you something is "Bitcoin 2.0" or some bullshit, tell them to kindly fuck off, won't you?

I tried, but none of you fuckers gave a shit about that except the prospect of EASY GAINS.

You got played, plain and simple.

The inventor of the world wide web is working on a new project, decentralized web presence.

https://solid.inrupt.com/

It will take over, and finally get people out from under all these monoculture centrist social platforms.

Reported to mods for using Bitcoin dot com, Roger Ver's camped domain for story links.

Are you that lazy? Or just a shill?

Get your act together.

Every time I see the OVERSIZED cartoony pics for these fucking articles I just think 'MEH'.

The real value of Coin Idol is zero, so don't bother with their drivel.

Look up "Power Law" or "Pareto Distribution".

It explains everything. Though I'd be wary of the source of Bitcoin statistics, obviously.

"How dare you side-step our carefully contructed cartel!"

On the other hand, using ETH's ERC20 tokens is a mistake, but its hilarious that the IMF is all up in arms about it.

They deserve to lose control, bunch of centrist jackholes.

Inflationary currencies aren't "stable".

Tokens based on the shitshow ETH are hardly "stable" either.

When ETH implodes -- and it will -- that experiment will end rather quickly, along with all the other shitcoins based on ERC20.

As for the fiat side, every government in the world is actively devaluing through debt issuance or outright Foreign Exchange policy - so that isn't going to help anyone either.

I think they sat around a conference table, saw that other shit-tokens like "Tether" were getting all the press, and they decided to get a piece of the pie.

Too late, its like launching a shopping website on the eve of the dot-com crash.

Vitalik is a mouthy 24 year old who should focus on mismanaging his centralized shitcoin.

There's some sour grapes at work here. Vitalik always pushed for the idea that ETH would take over the crypto space, the "Flippening" whether explicitly endorsed or not, money skeletor didn't say much to the contrary concerning it in 2017 - when spirits were high and their trend was up.

That was before a few Dapps like cryptokitties completely paralyzed their non-scalling shit-token.

Now, its all about "Casper" and other buzzword-laden schemes to make ETH scale. Except it won't, because its primary premise relies on Proof-of-(mis)Stake -- which requires trust from nodes -- which further requires you bolt on more elaborate checks and schemes to stop people from gaming the system into the ground. Those won't work, either.

The "code bomb" that ETH had in its codebase was a way to force the developers hand. If they didn't come up with a scaling solution by a given blockheight, then the ETH blockchain would stop dead in its tracks. Guess what? They're so sure of their potential solutions to this that they kicked the can down the road for another 12+ months. Just like insolvent governments issuing more debt, Vitalik and company can't be held to account on their original promise, so don't worry guys, 17 people you didn't elect or vote for decided for you.

Viva La Shitcoin!

I've followed most of the publications regarding their "sharding" proposal, how they think they can trade the computational time and energy used in Proof-of-Work for some chimera hybrid with Proof-of-(mis)Stake -- or even more laughably, use PoS completely -- but EVERY article and paper presented shows the increasingly complex and intricate backstops and schemes needed to keep it going. It isn't just me, others have noticed too. The coding boy-wonder is running out of tricks to make this shitshow work.

Also, consider the impact of a figurehead of a shit-token pronouncing that "its all over" and seeing an instant dive in their price.

Being the de facto leader of a coin is bad enough, but when you couple it with his immaturity and inexperience with the world -- you have a combination of idealistic optimism running amok on the flat plains of assumptions, not reality.

There's a speed bump up ahead called "scaling" and Vitalik is going to plunge right into it with his dropped-to-milimeters race car running on unicorn farts.

The resulting impact should be highly instructive.