Did they say that they would gladly go bankrupt to support it? (of course they didn't and you know they didn't) Just re-read my OP and you'll see that if we end up with such a fork then there is going to be no future for Bitcoin. |
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I see - so you are another paid shill.
How surprising.
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Bitstamp and Coinbase already did...
Did what exactly? Did they promise to go bankrupt to support a fork? (somehow I doubt that they did that) |
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No data yet. Mostly vocal support from a majority of mining pools and the broad industry at this point. That's why Classic as the most chance to get activated.
The miners need the exchanges - and the exchanges are not going to risk losing fiat. So if the exchanges stop exchanging then the miners will stop mining - it is fairly simple. |
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Explain "fiat loss" How would exchanges holding BTC be any different than you holding BTC?
Apparently you are already "suing me" (from another topic) so can you just keep out of this topic? (and good luck with your legal suite) |
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Why on earth exchanges will stop trading? Most (if not all) of them support Classic btw.
Because they risk a "fiat loss" (i.e. "real money"). So if they have ended up on the wrong side of a fork they will actually go bankrupt. I doubt any exchange is going to really want to "brave this" (so they will all just shutdown until a resolution happens). Let's see if the exchanges are really going to publicly state that they will work on a fork (I very much doubt that any of them will do so). |
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When Classic will get activated, I doubt anyone will stay on the 25% chain. That chain will end up being 0.
You seem to miss the point - it won't be such a clear cut case and the exchanges *will shut down* (they would be stupid to not do so). So the mining pools will end up with no-one to sell their BTC to. Do you really think they'll keep on mining? |
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The OP was trying to figure out why there is so much debate and conflict between those who hold the keys to the project. And, much of that conflict is based on ideology....but there's also a miner vs. adopter (consumer/user) aspect to the whole debate. Right?
It isn't really so hard to understand - we are talking about billions of dollars - that tends to make it easy for people to do anything (such as post rubbish at me like has been happening) for money. This topic is just another excuse for those that are trying to get rid of the core devs to further their cause (and I would be pretty certain that is exactly why this topic was created in the first place). |
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Well, true to some degree. Democracy was based on a 'general' consensus....a utilitarian approach to governance. Unanimity doesn't come into play in systems that are purely communal....but what is best for the masses takes precedence over whats best for the few (elite).
Bitcoin is not about politics so why bring that into things? (it's about a consensus algorithm) |
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Are there really shills who get paid to troll other members on this site or is that just some sort of thing people say...?
Well - why would people that don't even know me get into vitriolic attacks on me in such a topic if they were not being paid for it (especially when we are talking about new accounts that shouldn't even know about things from 6-12 months ago which somehow they do). |
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... You made your threat to sue me but it seems clearly you aren't going to go through with that ... Wishful thinking  Okay boastful troll - your threat to sue me has been noted. Once you have failed will you admit you are a troll or what? |
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Nah, we'll just call your wife. She'll take you in hand mighty quick, we've seen the power she wields over you here You seriously are a stupid person - your repeating of the incident in the past is not gaining you any respect (it only makes you look stupider and stupider). You made your threat to sue me but it seems clearly you aren't going to go through with that so now you are trying to rewind and bring up earlier things. Why don't you "grow a pair"? |
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Each post you make is yet another nail in the coffin of laughable lies and failed extortion attempts you've cobbled together for yourself. And don't think that moving to some third-world shithole will save you from the long arm of the law. Wait. Of course - I am waiting for you to send the troops to capture me and then take me to prison.  |
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If we actually end up with a forked blockchain then we will have "two Bitcoins" (or more depending upon the software being used).
What will this do?
For a start I predict it will cause all exchanges to "stop trading" (as they will not want to risk fiat losses in case they have ended up on the wrong fork).
Once the exchanges have stopped then the miners can no longer sell their BTC block rewards so that means within a very short time there will be a serious problem in the mining area.
The amount of electricity that miners are paying for is so large that they will most likely shut down their hashing operations if the exchanges have closed down which will reduce the difficulty (in two weeks).
After two weeks if the problem hasn't been worked out then everyone is basically going to walk away and the Bitcoin experiment will be declared a failure.
This is what we are facing (so you've got to wonder why Gavin wants to try and push for this).
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I have created a new topic for the troll attacking me - but seriously you need to realise that your topic is only going to attract trolls (there is a war going on at the moment).
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Right. You can't even lie right, as your post history shows. Keep waiting, tossing in bed every night, thinking about your life of [failed] crime. You'll live to regret it. Maybe not today. Maybe not tomorrow, but soon and for the rest of your life.  As a troll you have become rather boring (are you too tired to think up anything more original?). It isn't your fault - they only pay you X amount to troll me and I am rather a pest when it comes to trolling aren't I?  |
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That's right, wait for it. And don't bother pretending that you're not worried -- you are. As this thread clearly shows. The wheels of justice turn slowly, but grind exceedingly fine... Wait for it. We are all waiting with bated breath for you to take me to court so how about you just STFU until you do so? (funny that a defeated troll simply can't stop themselves from continuing to try and troll) |
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On the other hand, expect defamation lawsuits. I won't stand for your slanderous accusations re. my being paid to post this. I know who you are, criminal. Okay - welcome to try and sue me. So for those that really want to work out about who is serious - I will offer that this idiot never even bothers to take me to court (he probably doesn't even have enough money to hire a lawyer). You've been *called out now* (best get in touch with your lawyer). |
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On the side of Truth and Justice? Is that what you mean, criminal? I can only hope so.
Again - calling me names - strange why you are attacking me - you don't know me and we've had zero business dealings - so why are you so angry at me? Did I take your BTC? (if you haven't worked it out yet I am eroding your non-reputation very fast so might be about time to start with a new account) |
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