freshman777 (OP)
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July 27, 2016, 07:28:46 AM |
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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. I am not kidding. Forking is all about freedom of choice. It is the reason Bitcoin was born in the first place, kind of forking away from the centralized fiat system to go on its own way. If you're against forking, you're same as those bankers who hate Bitcoin. You don't have time to follow - then you are not serious about crypto investing.
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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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severaldetails
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July 27, 2016, 07:45:37 AM |
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I really do not think that forking bitcoin is a good idea. Eth is something for people who already know a lot about the crypto world. And those are not many. And even most of those do not know exactly what they should think of this whole fork situation. What would happen if something like that happened to bitcoin? I think the average user would leave the project. And most likely never come back.
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Bepesand
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 27, 2016, 07:47:18 AM |
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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. It might be a mess now. But a few months after, there will be only one Ethereum left. They are competing now.
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freshman777 (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 27, 2016, 03:11:54 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. It might be a mess now. But a few months after, there will be only one Ethereum left. They are competing now. There is no reason whatsoever for only one Ethereum to be left and plenty of reasons for both to exist and more Ethereums to be forked.
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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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dinofelis
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 27, 2016, 03:13:15 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. Amen to that ! Individual freedom over democratic dictatorship !
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iCEBREAKER
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Crypto is the separation of Power and State.
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 27, 2016, 03:26:15 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.
Oh sure, Barry Silbert and the other pro-ETC whales are just going to give up, roll over, and die as submissively as possible. Let's at least wait until Nick Szabo weighs in until we restart the production of ETC Obituaries. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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Alubert
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July 27, 2016, 06:21:57 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.
Oh sure, Barry Silbert and the other pro-ETC whales are just going to give up, roll over, and die as submissively as possible. Let's at least wait until Nick Szabo weighs in until we restart the production of ETC Obituaries. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) But what happens if the DAO hacker is actually part of the ETC team and not sell/dump his coins?
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SmirkinPepe
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July 27, 2016, 07:27:30 PM |
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If anything no one in their right mind holding substantial amounts of BTC will want a hard fork now. I'm sure a bunch of big ETH/ETC holders are clenching their butts in anticipation of what is going to happen lol...
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iCEBREAKER
Legendary
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Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 28, 2016, 03:13:34 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.
Oh sure, Barry Silbert and the other pro-ETC whales are just going to give up, roll over, and die as submissively as possible. Let's at least wait until Nick Szabo weighs in until we restart the production of ETC Obituaries. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) But what happens if the DAO hacker is actually part of the ETC team and not sell/dump his coins? We can only imagine what comedy gold would be buried under such a plot twist.
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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Bepesand
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2016, 07:42:06 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.
Oh sure, Barry Silbert and the other pro-ETC whales are just going to give up, roll over, and die as submissively as possible. Let's at least wait until Nick Szabo weighs in until we restart the production of ETC Obituaries. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) But what happens if the DAO hacker is actually part of the ETC team and not sell/dump his coins? We can only imagine what comedy gold would be buried under such a plot twist. The situation is quite interesting now. I saw some posts that bitcoiners feel intimidated by the success of Ethereum and they want to destroy it with ETC.
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iCEBREAKER
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Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2016, 08:59:44 AM |
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the success of Ethereum
Tell me more about the success of the DAO. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) VitalikCoin chose to institutionalize moral hazard, a choice rejected by the original, antifragile chain. Thus Ethereum is a success, but no in the way you think it is. As I predicted, the Bailout Edition is rapidly hemorrhaging capital into the immutable, authentic one.
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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vapourminer
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Activity: 4438
Merit: 3913
what is this "brake pedal" you speak of?
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 29, 2016, 11:46:01 AM |
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You don't have time to follow - then you are not serious about crypto investing.
been in this since '11. bitcointalk says ive been on the board 77 days. and i try to read this and that for at least an hour/day. BUT. if you have time to follow all the coins youre in in detail as well as check interesting new coins, well great. until im retired with no family, there is only so much time.. that said, at least if you follow/understand the basics, you wont get burned badly, and will likely make out here and there. me, ive had a blast as well as making out decently. i do wish i had invested more time as i would of made out even better, but at some point you reach the point of diminishing returns.
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Alubert
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July 29, 2016, 05:26:45 PM |
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After ETH Classic fork, we have to be more careful about the hard fork. If one chain is not removed carefully, the bitcoin will die.
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Bepesand
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 30, 2016, 11:15:53 AM |
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After ETH Classic fork, we have to be more careful about the hard fork. If one chain is not removed carefully, the bitcoin will die.
The Ethereum community should show some solid determination to remove the ETC as soon as possible.
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freshman777 (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 30, 2016, 11:24:53 AM |
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The Ethereum community should show some solid determination to remove the ETC as soon as possible.
What utter nonsense! Why?
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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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bbc.reporter
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Merit: 1476
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July 30, 2016, 12:29:05 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=1563496.0Days later after the threat where is he? It is just talk. If he really wanted to stop the original chain then he would done so before it was listed in the different exchanges. Now the best move for him is to mine the original Ethereum classic chain because it will be more profitable for him.
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Pursuer
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Where is my ring of blades...
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July 30, 2016, 12:57:07 PM |
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ethereum has proved the exact opposite. it has proven that there is nothing good coming out of a hard fork, especially if you do a hard fork without consensus. we can clearly see what that is doing to etherum with two chains available and no chain seems to be going down.
the only interesting thing in all this is the fact that almost all exchanges seem to be in a hurry to add them to their list of coins to enjoy the fees they take!!
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Only Bitcoin
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freshman777 (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 30, 2016, 01:44:51 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=1563496.0Days later after the threat where is he? It is just talk. If he really wanted to stop the original chain then he would done so before it was listed in the different exchanges. Now the best move for him is to mine the original Ethereum classic chain because it will be more profitable for him. Your money is your life's time removed from your life to earn the money by sweat and blood. When your money's at stake, talk is not just a talk, it is a threat. When you receive a threat to your life, what do you do?
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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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pereira4
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July 30, 2016, 02:07:50 PM |
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ethereum has proved the exact opposite. it has proven that there is nothing good coming out of a hard fork, especially if you do a hard fork without consensus. we can clearly see what that is doing to etherum with two chains available and no chain seems to be going down.
the only interesting thing in all this is the fact that almost all exchanges seem to be in a hurry to add them to their list of coins to enjoy the fees they take!!
Some guys obviously bagholding ETH now want to mix this with Bitcoin Classic which is absolute crap, with ETC which is actually legit and should be chain that survives if there are any morals left in Ethereum after all this mess. You big blockers will never learn. It seems not even this Ethereum mess is enough of a lesson to understand hard forks are a high risk.
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1ofthemany
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July 30, 2016, 03:03:59 PM |
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After ETH Classic fork, we have to be more careful about the hard fork. If one chain is not removed carefully, the bitcoin will die.
Ethereum Classic is not a fork.
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