XT will only be accepting bigger blocks when 75% of the network agrees, now this can still be a bit dramatic, but i'm glad to see the XT devs took some precautions to attempt not to lay the entire bitcoin ecosystem in ruins. I know i've been dramatic in the past week or so about this hard fork, but it seems the implications of just hard forking were well considered by the xt-devs. We need bigger blocks that's for sure, how to go about it is another discussion and we need to aim for consensus and a future proof system before big changes are applied. So maybe it's not the end of bitcoin yet  |
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I don't think litecoin is a player anymore.
I can imagine a small amount of btc being sold for ltc quickly before the halving.
Maybe people sometimes forget those halvings are accounted for in the value long before it actually happens.
Look at it another way, the price of litecoin is already so low it can't possibly drop any further. That's what we hear about bitcoin too for over a year now, every month we go lower (trend) xD |
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I don't think litecoin is a player anymore.
I can imagine a small amount of btc being sold for ltc quickly before the halving.
Maybe people sometimes forget those halvings are accounted for in the value long before it actually happens.
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hi
i have a fear that is BTC value going to fall down because i have stored 20 BTC in my wallet. If any experts here please tell me is price going to drop or else it will increases ?
No one can know what the price will be in the future. If you are here for the long term you shouldn't care that much about the price, just forget about your BTC and check back again a year from now, otherwise its too stressing. Right, nobody knows where this is going... Upcoming hard fork... Orderbooks showing massive selling pressure... Nooo ideaaa where this is going.. lol |
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I think somebody broke the cup, cause this is not going to $400 xD
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I can't even see it surviving the upcoming fork disaster and if it does survive with say roughly half the current value, what's next? Somebody will come up with some idea that gets some community support again a year later, causing another fork, and another, and another...
No thanks, i think the average Joe will agree this is not going to work in daily life and can't sustain any value over any useful time.
It was a nice experiment though!
My vote would have to go to $0 but i'll be optimistic and put it on $10.
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You dont read too good, do you boy ?
"Not your *opinion on what will happen, an *explanation of *why/how..."
I figured I was wasting my time asking you to do anything sensible with that pile of gray goo behind your one eye.
Go and learn the basics about transaction confirmations, longest chains, Supermajorities, and what happened the *last time the blockchain split..
Feel free to explain to all of us why that would not happen. Nodes will only confirm and use the longest chain matching their protocol AFAIK. Supermajorities are important to avoid situations like this, as satoshi himself stated, a hard fork will only work if pretty much everyone agrees to switch. The last time the same happened just for a fee blocks and people were already trying to double spend back then! CONFIRMED The guy is clueless. Feel free to clear up any technical misunderstandings that I have about it. (And it seems many with me..) Just yelling "boohoo you're wrong." Is less constructive than any of my worst troll posts. |
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You dont read too good, do you boy ?
"Not your *opinion on what will happen, an *explanation of *why/how..."
I figured I was wasting my time asking you to do anything sensible with that pile of gray goo behind your one eye.
Go and learn the basics about transaction confirmations, longest chains, Supermajorities, and what happened the *last time the blockchain split..
Feel free to explain to all of us why that would not happen. Nodes will only confirm and use the longest chain matching their protocol AFAIK. Supermajorities are important to avoid situations like this, as satoshi himself stated, a hard fork will only work if pretty much everyone agrees to switch. The last time the same happened just for a fee blocks and people were already trying to double spend back then! |
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Just wait for the hard fork... I think 110 is a very positive estimate considering what will happen...
I'm completely flabbergasted on how so many of you permabulls don't see how this fork is absolutely devastating in every conceivable way...
Please *explain why this possible fork will be "absolutely devastating in every conceivable way". Show us that you actually *understand what it means and what might happen. Not your *opinion on what will happen, an *explanation of *why/how... if you are capable of understanding the difference Because based on what you have written in the past about "double spends" and "twice as many bitcoins existing", I doubt that you have any comprehension of how the blockchain works at all and are just flapping your gums in your usual idiotic fashion. I understand very well what will happen... We'll have two chains, both claiming to be the real Bitcoin or at least claim Bitcoin as it was meant to be. All bitcoins currently held will be spendable on both chains. One part of the community, merchants and exchanges will accept core, the other part xt, some both. We'll probably even get an xt/core market rather quickly after the split. "Can i pay with bitcoin here?" "Certainly Sir." "It's not accepting my tx!??!" "Oh, we only accept real bitcoin here!" "That IS what i'm paying you in!" "..." |
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It's not just the panicing traders we should be worried about. The entire ecosystem will lay in ruins!
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Just predict something ridiculous like the price going under $200 and staying there or double digit coins, so that you can disappear from the forum once your prediction is proved false. Or say something like "bitcoin will never reach $2000!" so that we can laugh at you a few years from now. PS: tell me, are we still headed to single digits, or was that just your prediction prior to the run up to $1000+!? Man, you calling $110 a huge bubble...  Just wait for the hard fork... I think 110 is a very positive estimate considering what will happen... I'm completely flabbergasted on how so many of you permabulls don't see how this fork is absolutely devastating in every conceivable way... |
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I agree in a thin market the heat can get intense real quick, in both directions that is.
But after 6 years of drama I think most of us will be a bit more careful which could negate this effect.
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I hope people realize a vote for 8mb isnt a vote for XT its a vote for core devs to update core.
True... Is it known yet what the core devs are planning on doing with the blocksize? I probably totally missed this.. |
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truth is somewhere in the middle...
definitely. I agree that the thin volume moving the price is worrisome, BUT I dont think that "scammers" are holding the price up. Also, he is making a good observation regarding the low volume moving the price, so why the personal attacks? Seems like any time someone makes a bearish observation thats the first thing people do. Are all the holders just mad they missed out on huge profits by not selling at 1k? Thats what it seems like! Maybe i shouldn't call them scammers, and they are serious investors or even just regular big users, could be... But there is still a lot of extreme promising going on, which is just scamming to me, those people are making bitcoin into a ponzi. I don't know what's with the personal attacks, pretty standard these days when you say something that doesn't promise the moon for bitcoin. @paashaas No anger here, i did what i had to do back then. Now i'm just trying to stay realistic and observe the market and movements in the ecosystem. |
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Did you guys notice how it took just 1/4th of the pump-volume to bring the price down to under yesterdays levels before the pump?
This happened a few times before and it just shows how desperate the scammers are to keep the bitcoin price up, they will even put in some big losses in order to ensure it doesn't totally collapse.
I feel this thing can pop any moment and when it does, it does so real hard.
The tension is rising every minute!
You are a perfect contrarian indicator. Didn't you sell your coins for 10 dollars? Maybe, for once, you can comment on what's actually going on instead of yelling 'boohoo'. |
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Did you guys notice how it took just 1/4th of the pump-volume to bring the price down to under yesterdays levels before the pump?
This happened a few times before and it just shows how desperate the scammers are to keep the bitcoin price up, they will even put in some big losses in order to ensure it doesn't totally collapse.
I feel this thing can pop any moment and when it does, it does so real hard.
The tension is rising every minute!
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Opinion? You're an idiot
Perspectives? No such thing is happening
Solution? Go sit your ass in the corner
Orly? https://twitter.com/kncminer/status/631098358657077249Nothing is happening? Are you done spreading your lies yet in order to hold the price up to sell your bags? |
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i don't think we are going to see any major change in the bitcoin market until the end of this year unless some huge news comes out of nowhere to change everything.
so i guess the price would be around the same level ($300-350) by the end of 2015
Unless some huge news comes out of nowhere? How about a hard fork that will ravage the entire bitcoin economy and community? My bet that we will drop below $100 within 2015 is still open, no takers yet. I wonder why... |
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It's not a fork yet but soon will be.
This will be one of the most devastating events in the history of bit coin. I can see it become a much bigger disaster than the whole MtGox drama tbh.
We could be looking at a value well under $100.
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