Hi dudes,
according to this discussion
https://www.reddit.com/r/Bitcoin/comments/44fs9h/anyone_else_planning_on_doubling_their_coin_on/I was wondering whether the bitcoin price could dump with a hard fork, as the revised protocol with the larger block size is essentially incompatible with the older, more limited protocol. As soon as enough miners have switched to the new protocol, then that one becomes the ‘official’ protocol, as those miners will no longer recognize Bitcoin transactions using the old protocol.
But there might be a case where a particular amount of Bitcoin isn’t the same amount across the two incompatible transaction systems, because of tainting.
I'm not saying this is a license to print money but as an article of Forbes says "if too many people take advantage of this flaw, thus doubling their Bitcoin stake (or worse), then the value of all Bitcoin would promptly collapse – and given that there are about $5.7 billion of Bitcoin in circulation, such a collapse would be monumental".
What are your opinions regarding this?
is the future of Bitcoin currency (not the other crypto) in danger?