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freshman777 (OP)
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July 24, 2016, 03:05:22 PM |
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The minds and hearts of Bitcoin users are prepared. The devil is not so scary as was depicted, forks can happen and the world keeps spinning. Change of algo has to happen in the Bitcoin fork though, because the 3 chinese miners will 51% attack the fork they disagree with to make their profits good again. Proof: https://bitcointalk.org/index.php?topic=1563496.0 |
ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
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BitcoinNational
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July 24, 2016, 06:08:41 PM
Last edit: July 26, 2016, 10:39:18 AM by BitcoinNational |
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if $ETH had a successful fork, maybe
but it already is project FAIL, consensus my ass
besides $ETH was the we must fork crowd BTC, fuck it will make our own coin, and fork it too!
odds are very low of getting support now for another round of 'lets fork BTC'; and the consequences of if they do that are very evident.
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European Central Bank
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July 24, 2016, 06:16:41 PM |
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i think this shitstorm has only just started to whirl. it's gonna take a few weeks or months before we can figure out the effects. i'm not so sure they're going to be beneficial to either strain of eth.
it's real nice of the eth crowd to show everyone else what happens in this type of situation without them having to risk their money. a hard fork that benefits everyone with almost universal agreement is one thing and i can only think of a technical problem that would create those circumstances.
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freshman777 (OP)
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July 25, 2016, 08:12:16 AM |
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if $ETH had a successful fork, maybe
but it already is project FAIL, consensus my ass
besides $ETH was the we must fork crowd BTC, fuck it will make our own coin, and fork it too!
odds are very low of getting support now for another round of 'lets fork BTC'; and the consequences of do it that very evident.
Why do you think ETH didn't have a successful fork? Did you expect 100% of users to go with the fork? Not going to happen. There was a successful fork and there are two coins now: one is more idealistic, Classic... the other one is perhaps more... flexible. It was a total success, users can now choose which of them is more dear to their own vision of the world. Choice is good. Forking is awesome and should be celebrated. |
ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
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Alubert
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July 25, 2016, 08:54:10 AM |
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The Ethereum Classic will be attacked to death by the big Etherum holders. They can sell their ETC to 0.
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talkbitcoin
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All I know is that I know nothing.
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July 25, 2016, 12:47:39 PM |
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if $ETH had a successful fork, maybe
but it already is project FAIL, consensus my ass
besides $ETH was the we must fork crowd BTC, fuck it will make our own coin, and fork it too!
odds are very low of getting support now for another round of 'lets fork BTC'; and the consequences of do it that very evident.
Why do you think ETH didn't have a successful fork? Did you expect 100% of users to go with the fork? Not going to happen. There was a successful fork and there are two coins now: one is more idealistic, Classic... the other one is perhaps more... flexible. It was a total success, users can now choose which of them is more dear to their own vision of the world. Choice is good. Forking is awesome and should be celebrated. since we are not living in a perfect world 100% will never be reached but there should be a good percentage and the rest who disagreed should also be brought on board. that is why they keep talking about Consensus in bitcoin, because if you rush into changing things without it you get things like this; you piss a lot of the users off and then you either are left with two different chains and a divided community or a dead coin. |
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will on fire
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July 25, 2016, 01:35:30 PM |
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i really happy. Nice alternative to ETH from Vitalik and ko
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Alubert
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July 26, 2016, 08:14:22 AM |
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i really happy. Nice alternative to ETH from Vitalik and ko
It depends on the action of the DAO hacker. If he dumps the 3.6 million ETC, the price will be very low. |
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Miz4r
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July 26, 2016, 11:42:25 AM |
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if $ETH had a successful fork, maybe
but it already is project FAIL, consensus my ass
besides $ETH was the we must fork crowd BTC, fuck it will make our own coin, and fork it too!
odds are very low of getting support now for another round of 'lets fork BTC'; and the consequences of do it that very evident.
Why do you think ETH didn't have a successful fork? Did you expect 100% of users to go with the fork? Not going to happen. There was a successful fork and there are two coins now: one is more idealistic, Classic... the other one is perhaps more... flexible. It was a total success, users can now choose which of them is more dear to their own vision of the world. Choice is good. Forking is awesome and should be celebrated. I disagree. When every time a coin forks whenever a part of the community wants something and others don't you will quickly end up with hundreds of forks and the coin and community split all over the place leading to an eventual collapse of the entire ecosystem as it becomes too fractured. |
Bitcoin = Gold on steroids
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freshman777 (OP)
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July 26, 2016, 11:45:39 AM |
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if $ETH had a successful fork, maybe
but it already is project FAIL, consensus my ass
besides $ETH was the we must fork crowd BTC, fuck it will make our own coin, and fork it too!
odds are very low of getting support now for another round of 'lets fork BTC'; and the consequences of do it that very evident.
Why do you think ETH didn't have a successful fork? Did you expect 100% of users to go with the fork? Not going to happen. There was a successful fork and there are two coins now: one is more idealistic, Classic... the other one is perhaps more... flexible. It was a total success, users can now choose which of them is more dear to their own vision of the world. Choice is good. Forking is awesome and should be celebrated. I disagree. When every time a coin forks whenever a part of the community wants something and others don't you will quickly end up with hundreds of forks and the coin and community split all over the place leading to an eventual collapse of the entire ecosystem as it becomes too fractured. You exaggerate. Forks once in a while are healthy, they release pressure from the cooker. Unhappy users join the fork that best fits their hopes. Many forks are unlikely, because a fork requires developers to maintain it. Good developers are in very short supply. |
ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
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Miz4r
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July 26, 2016, 11:56:04 AM |
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if $ETH had a successful fork, maybe
but it already is project FAIL, consensus my ass
besides $ETH was the we must fork crowd BTC, fuck it will make our own coin, and fork it too!
odds are very low of getting support now for another round of 'lets fork BTC'; and the consequences of do it that very evident.
Why do you think ETH didn't have a successful fork? Did you expect 100% of users to go with the fork? Not going to happen. There was a successful fork and there are two coins now: one is more idealistic, Classic... the other one is perhaps more... flexible. It was a total success, users can now choose which of them is more dear to their own vision of the world. Choice is good. Forking is awesome and should be celebrated. I disagree. When every time a coin forks whenever a part of the community wants something and others don't you will quickly end up with hundreds of forks and the coin and community split all over the place leading to an eventual collapse of the entire ecosystem as it becomes too fractured. You exaggerate. Forks once in a while are healthy, they release pressure from the cooker. Unhappy users join the fork that best fits their hopes. Many forks are unlikely, because a fork requires developers to maintain it. Good developers are in very short supply. I don't think I exaggerate, we will have to wait and see how this whole situation develops further but I don't think as a whole it will end up being advantageous to the community and the forked coin. Good developers are in short supply as you say so better keep the team together, they can and will fracture too. |
Bitcoin = Gold on steroids
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freshman777 (OP)
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July 26, 2016, 12:53:33 PM |
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I don't think I exaggerate, we will have to wait and see how this whole situation develops further but I don't think as a whole it will end up being advantageous to the community and the forked coin. Good developers are in short supply as you say so better keep the team together, they can and will fracture too.
Ethereum: 2 communities, 2 coins > freedom. Bitcoin: 2 communities, 1 coin > servitude |
ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
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frobley
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July 26, 2016, 12:56:27 PM |
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The Ethereum Classic will be attacked to death by the big Etherum holders. They can sell their ETC to 0.
Really? Would they sell their bitcoin to do the same? It's all money after all... |
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Azael
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July 26, 2016, 01:37:53 PM |
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People have been forking Bitcoin for years..
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twitter.com/erikledgers
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1ofthemany
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July 26, 2016, 01:40:59 PM |
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Ethereum classic is not a fork. It's actually working as an argument against forking bitcoin...
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GreenBits
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July 26, 2016, 01:48:58 PM |
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Ethereum classic is not a fork. It's actually working as an argument against forking bitcoin...
Agreed. If anything, this a reason NEVER to hardfork. If this is happening with ETH, imagine bitcoin. So much more hash rate floating around. And most of it in the hands of a select few. Things will get very political, very quickly. |
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BitcoinNational
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July 26, 2016, 02:35:15 PM |
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if $ETH had a successful fork, maybe
but it already is project FAIL, consensus my ass
besides $ETH was the we must fork crowd BTC, fuck it will make our own coin, and fork it too!
odds are very low of getting support now for another round of 'lets fork BTC'; and the consequences of do it that very evident.
Why do you think ETH didn't have a successful fork? Did you expect 100% of users to go with the fork? Not going to happen. There was a successful fork and there are two coins now: one is more idealistic, Classic... the other one is perhaps more... flexible. It was a total success, users can now choose which of them is more dear to their own vision of the world. Choice is good. Forking is awesome and should be celebrated. I disagree. When every time a coin forks whenever a part of the community wants something and others don't you will quickly end up with hundreds of forks and the coin and community split all over the place leading to an eventual collapse of the entire ecosystem as it becomes too fractured. You exaggerate. Forks once in a while are healthy, they release pressure from the cooker. Unhappy users join the fork that best fits their hopes. Many forks are unlikely, because a fork requires developers to maintain it. Good developers are in very short supply. I don't think I exaggerate, we will have to wait and see how this whole situation develops further but I don't think as a whole it will end up being advantageous to the community and the forked coin. Good developers are in short supply as you say so better keep the team together, they can and will fracture too. changed my mind, BTC will likely fork now ... ETA 18 months. BTC will remain the "Classic" and likely celebrate the fork and new child. Cuz they can likely raise $500M for the spin off with supper sized blocks and faster speed. It will be the reverse of what ETH just did. |
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25hashcoin
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July 26, 2016, 02:38:57 PM |
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Ethereum classic is not a fork. It's actually working as an argument against forking bitcoin...
This. |
Bitcoin - Peer to Peer Electronic CASH
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freshman777 (OP)
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July 26, 2016, 09:53:20 PM |
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changed my mind,
BTC will likely fork now ... ETA 18 months.
BTC will remain the "Classic" and likely celebrate the fork and new child.
Cuz they can likely raise $500M for the spin off with supper sized blocks and faster speed.
It will be the reverse of what ETH just did.
Good to see you enlightened and celebrating forks. |
ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
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Biodom
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July 26, 2016, 10:02:35 PM |
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The minds and hearts of Bitcoin users are prepared. The devil is not so scary as was depicted, forks can happen and the world keeps spinning. Change of algo has to happen in the Bitcoin fork though, because the 3 chinese miners will 51% attack the fork they disagree with to make their profits good again. Proof: https://bitcointalk.org/index.php?topic=1563496.0are you kidding? if anything, this mess teaches me NOT to fork, ever. Who has time to follow this "forking". also, remember that "old" coins will exist on both chains somehow, until you transact. |
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