Gavins recent annoucement. DO NOT panic

[SureLockLoans]

I see a lot of people are now doubting Bitcoin even though nothing has changed the threads which are discussing what gavin has said are mostly fud they are trying to stir a shit storm before anything has even happended. Do not sell your coins just yet people its an attempt to drive prices down even further.

[GTO911]

Its not FUD, Gavins creating a new side to join. If you dont want to be on either side, sell and move on

[MicroGuy]

I see a lot of people are now doubting Bitcoin even though nothing has changed the threads which are discussing what gavin has said are mostly fud they are trying to stir a shit storm before anything has even happended. Do not sell your coins just yet people its an attempt to drive prices down even further.

It's not FUD when people are quoting Gavin's own words.

[bitstealth]

bitcoin is most stable crypto currency and that kind FUD has no value because it has more big community than any other coin.

[redsn0w]

Its not FUD, Gavins creating a new side to join. If you dont want to be on either side, sell and move on

Yes of course we are not obliged to use the new client, I am only curious if I can move coin between the '2' chain but I do not think it will be possible.

I see a lot of people are now doubting Bitcoin even though nothing has changed the threads which are discussing what gavin has said are mostly fud they are trying to stir a shit storm before anything has even happended. Do not sell your coins just yet people its an attempt to drive prices down even further.

It's not FUD when people are quoting Gavin's own words.

I think the OP is talking about this thread: https://bitcointalk.org/index.php?topic=1074701.0  (oh it is your thread ).

bitcoin is most stable crypto currency and that kind FUD has no value because it has more big community than any other coin.

The big community without miner (big farm) will not be sufficient

[Netnox]

Either way it's not good for bitcoin, meaning if hard fork happens there will be 2 bitcoins and different prices with a high chance the price of bitcoin to go down and if gavin leaves to bitcoin xt its also not a good news for bitcoin, actually i just sold some of my btc and some i'm holding just in case.

[pedrog]

This is what free open-source software is about, you choose what code to run, this kind of stuff was predicted from the beginning and it's one of the properties why bitcoin is so resilient and some particular government cannot push its own code.

Yes of course we are not obliged to use the new client, I am only curious if I can move coin between the '2' chain but I do not think it will be possible.

You cannot move coins between the two chains but you'll have twice the coins, at least for the period of time the two chains are live, eventually one will die, I assume.

[redsn0w]

This is what free open-source software is about, you choose what code to run, this kind of stuff was predicted from the beginning and it's one of the properties why bitcoin is so resilient and some particular government cannot push its own code.

Yes of course we are not obliged to use the new client, I am only curious if I can move coin between the '2' chain but I do not think it will be possible.

You cannot move coins between the two chains but you'll have twice the coins, at least for the period of time the two chains are live, eventually one will die, I assume.

Oh thanks, finally I have understand all the question. If Gavin will fork and upload the new client we will basically still have or better own the same bitcoin in the two chains, so if I will be lucky we can sell the coins to someone -not an exchange- and buy more btc (and especially hope to be in the right chain).

Thanks again for the reply.

[jaberwock]

This is what free open-source software is about, you choose what code to run, this kind of stuff was predicted from the beginning and it's one of the properties why bitcoin is so resilient and some particular government cannot push its own code.

Yes of course we are not obliged to use the new client, I am only curious if I can move coin between the '2' chain but I do not think it will be possible.

You cannot move coins between the two chains but you'll have twice the coins, at least for the period of time the two chains are live, eventually one will die, I assume.

Then in the meantime you'll be able to double spend, like happened in 2013, when two blockchains were active?

https://bitcointalk.org/index.php?topic=152348.0

I see lots of confusion if Galvin really does what he is saying.

But might be just a bluff, too.

[pedrog]

This is what free open-source software is about, you choose what code to run, this kind of stuff was predicted from the beginning and it's one of the properties why bitcoin is so resilient and some particular government cannot push its own code.

Yes of course we are not obliged to use the new client, I am only curious if I can move coin between the '2' chain but I do not think it will be possible.

You cannot move coins between the two chains but you'll have twice the coins, at least for the period of time the two chains are live, eventually one will die, I assume.

Oh thanks, finally I have understand all the question. If Gavin will fork and upload the new client we will basically still have or better own the same bitcoin in the two chains, so if I will be lucky we can sell the coins to someone -not an exchange- and buy more btc (and especially hope to be in the right chain).

Thanks again for the reply.

Correct, for a brief period of time, before it's clear which one is the winning chain, one can sell the same coins twice.

Bear in mind this may not be very ethical.

[spud21]

This is what free open-source software is about, you choose what code to run, this kind of stuff was predicted from the beginning and it's one of the properties why bitcoin is so resilient and some particular government cannot push its own code.

Yes of course we are not obliged to use the new client, I am only curious if I can move coin between the '2' chain but I do not think it will be possible.

You cannot move coins between the two chains but you'll have twice the coins, at least for the period of time the two chains are live, eventually one will die, I assume.

Oh thanks, finally I have understand all the question. If Gavin will fork and upload the new client we will basically still have or better own the same bitcoin in the two chains, so if I will be lucky we can sell the coins to someone -not an exchange- and buy more btc (and especially hope to be in the right chain).

Thanks again for the reply.

Correct, for a brief period of time, before it's clear which one is the winning chain, one can sell the same coins twice.

Bear in mind this may not be very ethical.

You will only be able to sell the same coins twice if Gavin coin makes it onto an exchange. If I was running an exchange I'd refuse to have anything to do with his coin until I was certain the majority of other exchanges were using it.

[Netnox]

This is what free open-source software is about, you choose what code to run, this kind of stuff was predicted from the beginning and it's one of the properties why bitcoin is so resilient and some particular government cannot push its own code.

Yes of course we are not obliged to use the new client, I am only curious if I can move coin between the '2' chain but I do not think it will be possible.

You cannot move coins between the two chains but you'll have twice the coins, at least for the period of time the two chains are live, eventually one will die, I assume.

Oh thanks, finally I have understand all the question. If Gavin will fork and upload the new client we will basically still have or better own the same bitcoin in the two chains, so if I will be lucky we can sell the coins to someone -not an exchange- and buy more btc (and especially hope to be in the right chain).

Thanks again for the reply.

Correct, for a brief period of time, before it's clear which one is the winning chain, one can sell the same coins twice.

Bear in mind this may not be very ethical.

To sell the same coin twice one needs a bitcoin client for both chains right? In both clients one will have the same amount of bitcoin or how should i see this?

[redsn0w]

This is what free open-source software is about, you choose what code to run, this kind of stuff was predicted from the beginning and it's one of the properties why bitcoin is so resilient and some particular government cannot push its own code.

Yes of course we are not obliged to use the new client, I am only curious if I can move coin between the '2' chain but I do not think it will be possible.

You cannot move coins between the two chains but you'll have twice the coins, at least for the period of time the two chains are live, eventually one will die, I assume.

Oh thanks, finally I have understand all the question. If Gavin will fork and upload the new client we will basically still have or better own the same bitcoin in the two chains, so if I will be lucky we can sell the coins to someone -not an exchange- and buy more btc (and especially hope to be in the right chain).

Thanks again for the reply.

Correct, for a brief period of time, before it's clear which one is the winning chain, one can sell the same coins twice.

Bear in mind this may not be very ethical.

To sell the same coin twice one needs a bitcoin client for both chains right? In both clients one will have the same amount of bitcoin or how should i see this?

Basically (If I have understood) it is a double spend, you should have the two client and spend the btc from the chain-A and the chain-B ... you will have the same amount of btc in the same address but in two different chains.

[pedrog]

This is what free open-source software is about, you choose what code to run, this kind of stuff was predicted from the beginning and it's one of the properties why bitcoin is so resilient and some particular government cannot push its own code.

Yes of course we are not obliged to use the new client, I am only curious if I can move coin between the '2' chain but I do not think it will be possible.

You cannot move coins between the two chains but you'll have twice the coins, at least for the period of time the two chains are live, eventually one will die, I assume.

Oh thanks, finally I have understand all the question. If Gavin will fork and upload the new client we will basically still have or better own the same bitcoin in the two chains, so if I will be lucky we can sell the coins to someone -not an exchange- and buy more btc (and especially hope to be in the right chain).

Thanks again for the reply.

Correct, for a brief period of time, before it's clear which one is the winning chain, one can sell the same coins twice.

Bear in mind this may not be very ethical.

You will only be able to sell the same coins twice if Gavin coin makes it onto an exchange. If I was running an exchange I'd refuse to have anything to do with his coin until I was certain the majority of other exchanges were using it.

You'll be able to send the coins to whoever is on that chain, it can be an exchange, a merchant, someone betting on that particular chain and paying more or less for those coins depending on how many people are making the transition...

[anderson00673]

This would be horrible for BTC, I hope it doesnt happen.  Seriously wtf.  Maybe I will get into some litecoin just in case.

[Benjig]

bitcoin is most stable crypto currency and that kind FUD has no value because it has more big community than any other coin.

In my country we have a saying: "With money the dog dances"

If this fork affects the wallets of those 'big community than any other coin', they will flee to Alts, as simple as that..

[AT101ET]

I'm not too sure what exactly is happening but by the sounds of it this could have more negative impacts for Bitcoin than positive ones. I really wonder what will happen with the price as people/newcomers will be split for choice. I guess all we can do is speculate.

[LiteCoinGuy]

maybe someone would like to read gavins blog  


http://gavinandresen.ninja/

[BitcoinOrigins]

maybe someone would like to be brainwashed  by gavins blog  


http://gavinandresen.ninja/

[LiteCoinGuy]

and / or:

https://letstalkbitcoin.com/blog/post/lets-talk-bitcoin-217-the-bitcoin-block-size-discussion