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Author Topic: If bitcoin forks to XT, the price will start declining  (Read 3798 times)
Habeler876 (OP)
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August 15, 2015, 10:11:47 PM
 #1

There's little chance that the eventual forking will have impact on the price, and i believe that (atleast for a certain period of time) it will be negative one.
The main reason for my concern is the timeframe between the time that XT activates, and >1mb block makes chains different, and the time services and exchanges
find a solution to this issue.

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August 15, 2015, 10:43:16 PM
 #2

there might be a short time of panic by people, but that might only be if certain things don't go right at the first moment. we don't know that, but it is also possible that it doesn't even have a slight impact on the price.
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August 16, 2015, 01:39:45 AM
 #3

It's not just the panicing traders we should be worried about.  The entire ecosystem will lay in ruins!

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August 16, 2015, 03:12:03 AM
 #4

it won't take much to shake some

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August 16, 2015, 03:40:23 AM
 #5

There's little chance that the eventual forking will have impact on the price, and i believe that (atleast for a certain period of time) it will be negative one.
The main reason for my concern is the timeframe between the time that XT activates, and >1mb block makes chains different, and the time services and exchanges
find a solution to this issue.

I don't think that the fork with affect the price of bitcoin. The are to many other factors that will affect this but not the fork. the fork will disappear to fast to be remembered and everything will be only story. To be told when it will be another fork. 
Enjorlas
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August 16, 2015, 08:24:24 AM
 #6

It's affecting the price even now. We already dropped to $257 from a stable week of $267.
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August 16, 2015, 08:35:58 AM
 #7

how if price bitcoin strong and comeback to 1000$ ?
This is satosi nakamoto coin and he want to give revolution
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August 16, 2015, 08:39:07 AM
 #8

Naturally I can see the price going down or stagnating until the dust settles.

But in the long run I see more strength in bitcoin than ever.

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August 16, 2015, 08:40:38 AM
 #9

Naturally I can see the price going down or stagnating until the dust settles.

But in the long run I see more strength in bitcoin than ever.

any chance bitcoin will be dead ?
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August 16, 2015, 08:41:25 AM
 #10

Naturally I can see the price going down or stagnating until the dust settles.

But in the long run I see more strength in bitcoin than ever.

any chance bitcoin will be dead ?

yes it will die  Roll Eyes

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. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.                  History of Monero development Visualization ★☆ .
LEALANA BITCOIN GRIM REAPER SILVER COINS.
 
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August 16, 2015, 08:45:13 AM
 #11

Naturally I can see the price going down or stagnating until the dust settles.

But in the long run I see more strength in bitcoin than ever.

Yeah, once this is successfully resolved in favor of more adoption and scaling, I think there'll be a significant confidence boost.

Bitcoin is the first monetary system to credibly offer perfect information to all economic participants.
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August 16, 2015, 08:49:17 AM
 #12

It's affecting the price even now. We already dropped to $257 from a stable week of $267.

The real drop will probably happen like per op, when/if the chains actually split, for now they're identical.
Imagine the drama when/if someone sends coin from core to service on xt after the split, and it never confirms..
No doubt it will be fixed, but for a certain period, it will be interesting.. imho sell now, and rebuy @ 220-230 under 3 months from now, easy 15% profit.
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August 16, 2015, 09:06:31 AM
 #13

It's affecting the price even now. We already dropped to $257 from a stable week of $267.

The real drop will probably happen like per op, when/if the chains actually split, for now they're identical.
Imagine the drama when/if someone sends coin from core to service on xt after the split, and it never confirms..
No doubt it will be fixed, but for a certain period, it will be interesting.. imho sell now, and rebuy @ 220-230 under 3 months from now, easy 15% profit.

The problem of your post is, that you are 100% correct....
We all know, that Bitcoin is going to loose a fair amount of its value during the coming fork. There is no reason to not sell BTC now (at least if you are not a hc hodler..). I belive in bitcoin but still, now is the time to sell...
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August 16, 2015, 09:21:31 AM
 #14

probably if less people to use the full node wallets.
once 51% attacks happened, bitcoin would be declined and so the cryptographical currencies.

out of ability to use the signature, i want a new ban strike policy that will fade the strike after 90~120 days of the ban and not to be traced back, like google | email me for anything urgent, message will possibly not be instantly responded
i am not really active for some reason
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August 16, 2015, 10:19:00 AM
 #15

WTF is this?

Did the real Satoshi just speak? It didn't sound like Satoshi Nakamoto. Rather an imposter if you asked me.

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August 16, 2015, 10:23:49 AM
 #16

The problem of your post is, that you are 100% correct....
We all know, that Bitcoin is going to loose a fair amount of its value during the coming fork. There is no reason to not sell BTC now (at least if you are not a hc hodler..). I belive in bitcoin but still, now is the time to sell...

I believe in bitcoin as well, and the price will rebound for sure. I'm just saying that there's money to be made from this transition

WTF is this?

Did the real Satoshi just speak? It didn't sound like Satoshi Nakamoto. Rather an imposter if you asked me.

No, it's not him. There are several topics about this. The mail used was in fact used by satoshi before, but was proven to be compromised later on.
With no PGP, there's zero reason to trust that statement to have come from satoshi, although the conposition of the post sure is nice.

cheers
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August 16, 2015, 10:27:24 AM
 #17

The problem of your post is, that you are 100% correct....
We all know, that Bitcoin is going to loose a fair amount of its value during the coming fork. There is no reason to not sell BTC now (at least if you are not a hc hodler..). I belive in bitcoin but still, now is the time to sell...

I believe in bitcoin as well, and the price will rebound for sure. I'm just saying that there's money to be made from this transition

WTF is this?

Did the real Satoshi just speak? It didn't sound like Satoshi Nakamoto. Rather an imposter if you asked me.

No, it's not him. There are several topics about this. The mail used was in fact used by satoshi before, but was proven to be compromised later on.
With no PGP, there's zero reason to trust that statement to have come from satoshi, although the conposition of the post sure is nice.

cheers
Could you please post a link which shows the evidence of the mail being compromised?

Regarding the PGP signature:
-He has never signed anything
-His argument within the mail is against populism tactics and appeal to authority. So if it was the real Satoshi, then it would be really silly to prove is identity in this context.
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August 16, 2015, 10:30:22 AM
 #18

If Bitcoin was a PoS/PoW hybrid this would never be an issue. Right now the problem is that stakeholders and miners are not the same people but THEY SHOULD BE. It almost seems as a conspiracy that Satoshi didn't implement PoS in the first place. Is Bitcoin doomed by design? I think Bitcoin should introduce Proof of Stake mining and solve the protocol change debate problems once and for all by having stakeholder voting on its very block chain itself.

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August 16, 2015, 11:16:38 AM
 #19

Can't wait for the split so that I can cash out my xt monopoly money. So does everybody else. Like it or not, xt is dead before being born Kiss

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August 16, 2015, 01:49:57 PM
 #20

Not worth holding btc at all right now, to much risk with this xt nonsense......

This is essentially what just happened https://www.youtube.com/watch?v=OJdKDqGOhv0
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