this..this is a new attribute....maybe there is room for a coin that random auto forks!
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so eth auto forked....
I think the different implementations accrue idiosyncrasies in the coded bases that mean marginal errors and other issues will accumulate...
I think ETH/ETHC has promise and these are teething problems but one wonders if eth is the one to do it.
The market shows BTC is the hard currency.
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...ithink its tiime btc went to a 10mb block size, HD space is what 20 x or more than 2009 for the same price
satoshi had it at 33mb
it probally time satoshi made some sort of proclamation to sort this mess out.
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i agree this is an uptrend.....but for how long....at some point there will be a down trend.....I feel though that's some way off
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sure is newb in here
all through btc history btc was worthless to newbs who had none.
Despite that people took the effort and cost to learn an aquire some.
$1 for 1400 BTC was about the first listing price.
Yeah. Think about that.
BTC suck is all value and sub-optimal behavior of central banks and offers a surety of money supply and access independent of central actors.
When you appreciate that you will see it vaule is going up a few orders of magnitude yet
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The issue is the DOA has done such damage to the ETH brand and now ETC exists .... I am not sure how they could have more effectively shout themselves in the foot.
This is going to take a while to recover from but
also the threat of a lot of edge cases hold it back versus btc long legacy of performance,
that said BTC has had its hard forks on at least 2 occasions to be fair the overflow one and the block issue back in 2013...
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zcash is likely going to disappear without a trace, it this era's feather coin and CNC
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Id quite like a decent drop from this supposed dramas. Would be nice to be able to stock up on some cheap cois. I think half the people i know would actually buy into bitcoin as well if they could get a chance at buying some coins at a lower price than weve been at for the last while.
people have had all the chance they want it went to between 200~300 in the last big dip....you could have purchased then...there is no real excuse now, as BTC as "died" several times by then and come back.....if you can't see the pattern or make some effort to get some btc....well its on you. btc = 10K and 40K all the "early adopter" hate has now no basis.
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The only saving grace for the USA is that its external debt is denominated in dollars, which it can print. This is not the case for other countries. As long as they are able to refinance their debt, the cycle continues.
this the US can print its way out of any debt....
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It so funny in here, most posters posts reflect a lag of bTC price
how about some you know actual speculation::
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just do a straight fork without the 20% dev tax.....then u can import any of thier updates without drama. call it zzcash
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I think the Emission rate of Zcoin is very interesting
It may be see that it encourages HODL on a never before seen scale.
It starts so low that people get used to the idea of not putting a lot out there, and trading in multiple amounts of btc.
This could translate to never b4 seen levels of HODL even when the emission rate picks up.
The question is did ZCash choose the right Emission rate to effect this balance, and will their be whale dumps anyway?
If BTC adopts a similar level of anonymity and it probably can with a better algo given it can look at the issues of Zcash, then Zcash is very dead, if its not already.
It says something that VB has had to come out and say we too at Etherium must do this.
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Ok so with my Lawyer hat on I took a quick look at the Zcash FAQ.
Zcash try to address the "premine" accusation, which is often seen as deleterious in the crypto community,
Zcash argument is effecitvely allocating funds after mining has started and open to anyone to mine, (semantically) Zcash then say it is "not a premine".
However materially it is the same thing.
The aspect of the premine in issue is not when the mining was done, but how a percentage of funds was always locked up, requiring everyone else to come on board and pick up the tab, give it value etc.
So it is disingenuous of Zcash to claim its not a premine while achieving exactly the same thing.
In effect they have extend/changed the temporal horizon of the premine to a postmine for 4 years.
How do you feel about a 4 year premine, well that's what you have here, a 4 year postmine
I am not saying a postmine is intrinsically wrong (or a premine for that matter), but I am saying they should be more transparent in their info to the community, if they wish to generate trust.
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with supply like that, unless miners hold on to it, it will drastically drop in price
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I recall the long Resistance here to giving the new boards, but now there is even a speculation for alts. It seems over time alts will grow to reflect most of the topics in the main board. that probably necessary and wise to help BTC [talk] stay current and focal.
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there is so much "money" fiat floating around, BTC will likely reach 10K~40K a coin in the next 5 ~ 10 years.
the problem is anywhere you need/want to live, job education, quality of life, it cost 2 million to buy a house.
eg, In Sydney the average house price is about $1 M (AUD), and that frankly buys you SFA.
Conversely this indicates there is so much money printing and endless loans being issued, BTC it the infinite system to catch and maintain a large proportion of that value.
I'm not so sure that people are "working" for a living to get ahead any more, they have some sort of luck, inheritance, deals going on, or something, but it seems to me its not 9~5, 8 ~ 6 or whatever blue or white collar jobs, plus the hour commute each way and all the costs of living.
Anyhow....btc + btc bubble is going to be huge and continous, uneven bubble up and then down but each time a new "normal" plateau will be reached.
Consider it was once $1 and then the bubble went to $22, and popped to $2, but this was still above the previously though impossible $1 level.
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why do they just not update the nxt code base? why the ardor? i was impressed with nxt what happened?
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Very doubtful that devs will join clone rather than stay with the original blockchain. Long term ETC will probably overtake ETH anyway.
thats true, eth is doomed at the moment because most of the people didnt want a hard fork, i hope that etc is going to grow really big soon the rewrite of the front page of eth, is rather spectacular revisionism.On balance a group of people VB and Co wanted to be in control and of ETH and the money value. They set forth the terms in exacting and unambiguous, force language. When it turned out some one was smarter then them, or less lazy, they went the "fraud angle". Who is to say something is fraud, if the maths and code is paramount then there could be no fraud. The code as I understand it worked exatly as designed, flawlessly. What then is ETH's complaint. It would seem the post fork eth, is a new creature, and the ETC shows the exact value proposition of not forking. It is infact the so called DAO hacker more reliable than ETH dev? Perhaps. If they are good enough to pull this of over a 1B$ market cap, then ETC has likely acquired someone of considerable skill. Is this person going to shoot themselves in the foot, maybe, but unlikely. Interesting times.
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So where is the alt that is an ETH ETC clone, and can thus avoid the drama of both and just implement the updates from either ETH or ETC until it overtakes them in value and all the devs jump anyway?
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