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Author Topic: Possible XT split is advantageous to Bitcoin price!  (Read 2524 times)
Natalia_AnatolioPAMM
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August 17, 2015, 03:34:05 PM
 #21

If there is to be two chains, the weaker chain will be nothing within a few hours. In this case money swats ideology flat.

Agreed wholeheartedly
Miz4r
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August 17, 2015, 06:20:53 PM
 #22

If Core comes out with a patch for a bigger blocksize will that automatically turn Core into an altcoin? That is just silly reasoning.
Your parallel is flawed. If Core does that there will be no alternative Bitcoin. There will be smooth consensus switch to a patched Bitcoin. Not the case with XT altcoin.

If XT altcoin wins over Bitcoin I'll sell all my bitcoins because that will prove Bitcoin can be forked by a very small group of people in whatever way they want! I'm sure that even XT supporters will not be happy about that.

If XT wins that means there is widespread consensus that the XT client is better and the way to go forward for Bitcoin. Not supported by a very small group of people like you claim here, the very small group of people will then in fact be the ones supporting Core. Yes, you can be part of a small minority opinion too, and it sucks but that's life! Smiley I'm not really a die-hard XT supporter by the way, but I do support bigger blocks and if the Core developers don't find a way to give Bitcoin room to scale then I think I should look for alternative Bitcoin clients. If it turns out I'm one of the few and part of a small minority, well too bad for me! I won't cry about it like you or call Core an altcoin ruled by dictators with only a small group of supporters behind it.

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becoin (OP)
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August 17, 2015, 07:57:02 PM
 #23

I won't cry about it like you or call Core an altcoin
As far as I can see XT supporters are crying about the "censorship" on this forum.
Certainly, you're free to call Core an altcoin if you like to look funny.
Mickeyb
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August 17, 2015, 08:15:22 PM
 #24

Well I wouldn't call this advantageous, I would call this plain dumb. Games like this will cost Bitcoin a future. For every Bitcoin that I would "earn" from this advantageous endeavor, some other poor soul iut there needs to lose it or to literally get fu**ed up. Many of these people that got screwed and you can only imagine headlines in the world papers. And don't think they are not eagerly waiting for it, the press.
gentlemand
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August 17, 2015, 08:30:07 PM
 #25

Well I wouldn't call this advantageous, I would call this plain dumb. Games like this will cost Bitcoin a future. For every Bitcoin that I would "earn" from this advantageous endeavor, some other poor soul iut there needs to lose it or to literally get fu**ed up. Many of these people that got screwed and you can only imagine headlines in the world papers. And don't think they are not eagerly waiting for it, the press.

You'd have to be monumentally dumb to stick it out on the losing chain be you a holder, miner or merchant. Only the hardest of die hards would attempt to continue and they'd suddenly find all their 'comrades' had abandoned them within a couple of hours. Money's gonna win. It might be a spiritual cataclysm but if there is to be a switch it'll be surprisingly smooth.
Miz4r
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August 17, 2015, 11:55:55 PM
 #26

I won't cry about it like you or call Core an altcoin
As far as I can see XT supporters are crying about the "censorship" on this forum.
Certainly, you're free to call Core an altcoin if you like to look funny.

And you're free to call XT an altcoin if you like to look funny. Smiley

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Mickeyb
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August 18, 2015, 07:54:42 PM
 #27

Well I wouldn't call this advantageous, I would call this plain dumb. Games like this will cost Bitcoin a future. For every Bitcoin that I would "earn" from this advantageous endeavor, some other poor soul iut there needs to lose it or to literally get fu**ed up. Many of these people that got screwed and you can only imagine headlines in the world papers. And don't think they are not eagerly waiting for it, the press.

You'd have to be monumentally dumb to stick it out on the losing chain be you a holder, miner or merchant. Only the hardest of die hards would attempt to continue and they'd suddenly find all their 'comrades' had abandoned them within a couple of hours. Money's gonna win. It might be a spiritual cataclysm but if there is to be a switch it'll be surprisingly smooth.

So what you are trying to say is that we have nothing to worry about, right?
Whoever wins, the losers will just update the winning client and join the winners thus leaving us with only 1 chain and no division would ever take place!

I sure hope this would be the worst scenario!
betterangels
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August 23, 2015, 05:55:18 PM
 #28

I heard they are using some virtual servers to inflate the numbers.
19.96% - https://getaddr.bitnodes.io/nodes/
gentlemand
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August 23, 2015, 05:57:34 PM
 #29

I heard they are using some virtual servers to inflate the numbers.
19.96% - https://getaddr.bitnodes.io/nodes/

Yup. They outed themselves - https://www.reddit.com/r/bitcoinxt/comments/3i1dra/psa_its_super_easy_to_manipulate_the_node_count_i/

Pointless.
Spaceman_Spiff
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August 23, 2015, 06:46:19 PM
 #30

And of course if both chains continue to co-exist then the value of each bitcoin (XT and Core) will remain the same as before the split  Roll Eyes

...Keep dreaming buddy....
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August 23, 2015, 06:51:35 PM
 #31

Just hold...

this XT drama will be over around january 2016, and the price will go up.
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